Highest-materiality recent filing
Southside Bancshares Q1 net income $23.3M, EPS $0.78, loan growth 2.7% linked quarter
Net income $23.3M vs $21.5M YoY (+8.1%); diluted EPS $0.78 vs $0.71 YoY (+9.9%).
Southside Bancshares Q4 net income falls 3.7% to $21M; AFS restructuring yields $7.3M loss
Net income $21.0M ($0.70 diluted EPS) for Q4 2025, down 3.7% YoY; full year $69.2M ($2.29), down 21.8%.
Southside Bancshares Q3 net income down 76% to $4.9M on $24.4M securities loss
Net income $4.9M ($0.16 diluted EPS) vs $20.5M ($0.68) in Q3 2024; net interest income $55.7M.
Southside Bancshares expands board, appoints new COO, and increases share repurchase authorization
Board increased to 14 members with appointment of Keith Donahoe, Jeb Jones, and Raymond McKinney, effective Nov 15, 2025.
Southside Bancshares CEO Lee R. Gibson to retire Dec 31; President Keith Donahoe named successor
Lee R. Gibson will retire as CEO of Southside Bancshares and Southside Bank on Dec 31, 2025, but remain on both boards.
Southside Bancshares issues $150M of 7% subordinated notes due 2035; net proceeds ~$147.75M
Completed $150M offering of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035.
Southside Bancshares prices $150M subordinated notes offering at 7.00%
Issued $150M aggregate principal of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035.
Southside Bancshares Q2 net income $21.8M ($0.72 EPS) down 11% YoY; NIM expands to 2.82%
Net income $21.8M, down 11.6% from $24.7M; diluted EPS $0.72 vs $0.81 YoY.
Southside Q1 net income flat at $21.5M, EPS $0.71; NPAs surge to $32.2M
EPS $0.71 flat YoY; ROAA 1.03%; net interest margin 2.74% (up 2bp YoY).
Southside Bancshares Q4 net income $21.8M ($0.71 EPS), up 25.8% YoY; FY EPS $2.91
Q4 net income $21.8M, EPS $0.71 vs $0.57 YoY; FY net income $88.5M, EPS $2.91 vs $2.82.
Southside Bancshares Q1 net income falls 17.4% to $21.5M; EPS $0.71 vs $0.83 YoY
Net income $21.5M, down from $26.0M YoY; diluted EPS $0.71 vs $0.83.
On November 25, 2024, George H. (Trey) Henderson, III, a member of the Board of Directors of Southside Bancshares, Inc. (the “Company”), notified the Company of his decision to not stand for re-election at the Company’s next annual shareholder meeting in May 2025 (the “2025 Annual Meeting”).
In addition, on August 15, 2024, the Board appointed Anne Martinez, Executive Vice President and Senior Loan Review Officer of the Company to serve as the Company's Chief Risk Officer effective September 1, 2024.
On August 15, 2024, the Board of Directors (the “Board”) of Southside Bancshares, Inc. (the “Company”) appointed April Pinkley, Executive Vice President and Controller of the Company and Southside Bank (“Southside”), a subsidiary of the Company, to serve as the Company’s Chief Accounting Officer.
In addition, on August 15, 2024, the Board appointed Suni Davis, Chief Risk Officer of the Company and Southside to serve as the Company's Chief Treasury Officer effective September 1, 2024.
On May 16, 2024, the Board of Directors (the “Board”) of Southside Bancshares, Inc. (the “Company”) appointed Keith Donahoe, Regional President of Central Texas of Southside Bank (“Southside”), a subsidiary of the Company, to serve as the Company’s President.
Max materiality 0.80 · Median 0.55 · Most common event earnings