Southside Bancshares (SBSI) Projected to Announce Earnings on Friday

Southside Bancshares (NYSE:SBSI) is expected to be releasing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect the company to post earnings of $0.88 per share and revenue of $74.9990 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 24, 2026 at 12:00 PM ET.

Southside Bancshares (NYSE:SBSI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.02. Southside Bancshares had a net margin of 15.85% and a return on equity of 10.81%. The business had revenue of $70.28 million during the quarter, compared to analysts’ expectations of $70.92 million. On average, analysts expect Southside Bancshares to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Southside Bancshares Price Performance

NYSE SBSI opened at $35.79 on Friday. Southside Bancshares has a 12 month low of $26.32 and a 12 month high of $36.20. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market capitalization of $1.06 billion, a PE ratio of 15.17 and a beta of 0.58. The company’s 50 day simple moving average is $33.65 and its 200 day simple moving average is $32.56.

Southside Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, May 18th. Southside Bancshares’s dividend payout ratio is 61.02%.

Institutional Investors Weigh In On Southside Bancshares

Several hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in shares of Southside Bancshares by 0.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,382,523 shares of the company’s stock worth $39,056,000 after purchasing an additional 5,237 shares in the last quarter. State Street Corp grew its position in Southside Bancshares by 0.6% during the fourth quarter. State Street Corp now owns 1,308,609 shares of the company’s stock valued at $39,769,000 after purchasing an additional 7,706 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Southside Bancshares by 10.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 405,877 shares of the company’s stock valued at $12,335,000 after purchasing an additional 37,253 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Southside Bancshares by 11.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 351,713 shares of the company’s stock valued at $10,689,000 after buying an additional 36,675 shares during the period. Finally, Invesco Ltd. increased its stake in Southside Bancshares by 16.9% in the 2nd quarter. Invesco Ltd. now owns 290,213 shares of the company’s stock valued at $8,541,000 after buying an additional 42,057 shares during the period. 55.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SBSI. Benchmark initiated coverage on Southside Bancshares in a research note on Wednesday, June 24th. They set a “hold” rating for the company. Piper Sandler assumed coverage on Southside Bancshares in a report on Wednesday, April 15th. They issued a “neutral” rating and a $35.00 price objective for the company. Finally, Weiss Ratings raised Southside Bancshares from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Southside Bancshares currently has a consensus rating of “Hold” and an average price target of $35.00.

About Southside Bancshares

Southside Bancshares Inc is a bank holding company headquartered in Tyler, Texas. Through its subsidiary, Southside Bank, it provides a broad array of commercial and consumer banking services to individuals and businesses. The company’s offerings include deposit products, loan facilities and treasury management solutions tailored to the needs of its clientele. Established in 1974, Southside Bancshares has grown its footprint across East and North Texas while maintaining a community banking focus.

In the commercial banking segment, the company extends financing for real estate development, construction projects, equipment purchases and working capital needs.