Southside Bancshares (SBSI) Misses Q3 EPS by 3c, Revenues Miss
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Southside Bancshares, Inc. Announces Financial Results for the Three and Nine Months Ended September 30, 2018 and Stock Repurchase Plan
October 26, 2018 6:30 AM EDTTYLER, Texas, Oct. 26, 2018 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (Southside or the Company) (NASDAQ: SBSI) today reported its financial results for the three and nine months ended September 30, 2018.
Southside reported net income of $20.3 million for the three months ended September 30, 2018, an increase of $5.8 million, or 39.9%, compared to $14.5 million for the same period in 2017. Southside reported net income of $56.8 million for the nine months ended September 30, 2018, an increase of $12.8 million, or 29.0%, compared to $44.0 million for the same period in 2017.
Earnings per diluted common share increased $0.09, or 18.4%, to $0.58 for the... More
