Southside Bancshares reports record annual net income of $113.4M, up 38% YoY

SOUTHSIDE BANCSHARES INC

2021-FY EPS reported $3.47

Q4 net income $28.7M ($0.88 diluted EPS), vs $29.6M ($0.89) a year ago.
Annual net income $113.4M, record high; diluted EPS $3.47 vs $2.47 in 2020.
Net interest margin (TE) improved to 3.23% for Q4, up 7 bps linked quarter.
Nonperforming assets fell to 0.16% of total assets; loan loss allowance at 0.97% of loans.
Quarterly dividend $0.33 + special $0.06 declared, paid Dec 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.