Southside Bancshares (SBSI) Reports Q2 EPS of $0.44

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Southside Bancshares, Inc. Announces Net Income for the Three and Six Months Ended June 30, 2015

July 23, 2015 6:49 PM EDT

TYLER, Texas, July 23, 2015 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. ("Southside" or the "Company") (NASDAQ: SBSI) today reported its financial results for the three and six months ended June 30, 2015.

Southside reported net income of $11.2 million for the three months ended June 30, 2015, an increase of $707,000, or 6.8%, when compared to $10.5 million for the same period in 2014. Net income for the six months ended June 30, 2015 increased $1.9 million, or 10.0%, to $20.5 million when compared to $18.7 million for the same period in 2014.

Diluted earnings per common share were $0.44 and $0.53 for the three months ended June 30, 2015 and 2014, respectively, a decrease of... More

Southside Bancshares, Inc. Announces Net Income for the Three and Six Months Ended June 30, 2015

July 23, 2015 6:49 PM EDT

TYLER, Texas, July 23, 2015 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. ("Southside" or the "Company") (NASDAQ: SBSI) today reported its financial results for the three and six months ended June 30, 2015.

Southside reported net income of $11.2 million for the three months ended June 30, 2015, an increase of $707,000, or 6.8%, when compared to $10.5 million for the same period in 2014. Net income for the six months ended June 30, 2015 increased $1.9 million, or 10.0%, to $20.5 million when compared to $18.7 million for the same period in 2014.

Diluted earnings per common share were $0.44 and $0.53 for the three months ended June 30, 2015 and 2014, respectively, a decrease of... More