TYLER, Texas, April 28, 2020 -- Southside Bancshares, Inc. (the “Company”) (NASDAQ: SBSI), the holding company of Southside Bank (the “Bank”), has announced the promotion of.
Factors that could materially change our current forward-looking assumptions are described in our earnings release and our Form 10-K. Joining me today are Lee Gibson, President and CEO; and Julie Shamburger, CFO. Like everyone else on this call, when COVID-19 became a reality in the United States, we quickly changed our daily routines, commerce, methods of conducting business and the economic forecast.
In 2017, Lee Gibson was appointed CEO of Southside Bancshares, Inc. (NASDAQ:SBSI). This analysis aims first to...
Southside Bancshares (SBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TYLER, Texas, April 21, 2020 -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its first quarter financial.
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Q4 2019 Southside Bancshares Inc Earnings Call
Linked quarter loans increased $68.3 million, or 2.0%, to $3.57 billion from $3.50 billionLinked quarter nonperforming assets as a percent of total assets decreased from 0.45%.
Q1 2020 Southside Bancshares Inc Earnings Call
Southside Bancshares, Inc. (the “Company”) (SBSI), the holding company of Southside Bank (the “Bank”), announces the election of Shannon Dacus to the Company’s board of directors by the Company’s shareholders at the 2020 Annual Meeting. Dacus was previously appointed to the Bank board of directors in March.
To the annoyance of some shareholders, Southside Bancshares (NASDAQ:SBSI) shares are down a considerable 31% in the...
Even if it's not a huge purchase, we think it was good to see that Melvin Lovelady, the Independent Director of...
Southside Bancshares, Inc. (SBSI), the holding company of Southside Bank, announced that its Board of Directors has increased its authorization under the Company’s current Stock Repurchase Plan (the “Plan”) by an additional 1.0 million shares, for a total authorization to repurchase up to 2.0 million shares of the Company's common stock from time to time. Under the Plan, previously announced in September 2019, the Company has purchased approximately 387,000 shares at an average price of $31.52 through March 12, 2020, resulting in approximately 1.6 million authorized shares remaining. “We believe the recent market volatility has created an opportunity to purchase our shares at attractive price levels,” stated Lee R. Gibson, President and Chief Executive Officer of Southside.
Southside Bancshares (SBSI) delivered earnings and revenue surprises of -7.27% and 0.33%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Could Southside Bancshares, Inc. (NASDAQ:SBSI) be an attractive dividend share to own for the long haul? Investors are...
The Board of Directors of Southside Bancshares, Inc. (SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.31 per common share. Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 60 branches and a network of 82 ATMs/ITMs throughout East Texas, Southeast Texas, Dallas/Fort Worth and Austin. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses.
First quarter provision for credit losses of $25.2 million; largely worsening economic forecast, COVID-19 related;Linked quarter loans increased $32.8 million, or 0.9%, to $3.60.
Southside Bancshares (SBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.