earnings
confidence high
sentiment positive
materiality 0.70
Southside Bancshares Q2 net income $26.8M, EPS $0.90, up 25% YoY
SOUTHSIDE BANCSHARES INC
- Net income $26.8M, EPS $0.90 vs $21.8M, $0.72 in Q2 2025; ROAA 1.23%, ROAE 12.33%.
- Net interest income $57.3M, up 5.7% YoY; tax-equivalent NIM 2.90% vs 2.95% YoY.
- Loans $4.95B, up 7.6% YoY but only $3.4M linked quarter; deposits $6.17B, down 7.0% YoY.
- Nonperforming assets 0.11% of total assets; allowance for loan losses 0.92% of loans.
- No share repurchases in Q2; quarterly dividend $0.36 per share paid June 1, 2026.