Earnings ·
Southside Bancshares reports Q3 diluted EPS of $0.93 and net income of $28.0 million
SBSISouthside Bancshares Inc
Southside Bancshares, Inc. reported third-quarter 2026 financial results with net income of $28.0 million, or $0.93 per diluted share, compared to $4.9 million in the prior year period. The increase was primarily driven by a $24.4 million net loss on the sale of available-for-sale securities recorded in the third quarter of 2025. Net interest income rose 8.2% to $60.3 million, and the annualized return on average assets reached 1.27%. Total assets stood at $8.87 billion as of September 30, 2026. Southside Bancshares is a bank holding company that owns Southside Bank, operating a network of branches in Texas.