Southside Bancshares (SBSI) Misses Q4 EPS by 8c, Revenues Miss
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Southside Bancshares, Inc. Announces Financial Results for the Three Months and Year Ended December 31, 2018
February 1, 2019 6:30 AM ESTTYLER, Texas, Feb. 01, 2019 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (Southside or the Company) (NASDAQ: SBSI) today reported its financial results for the three months and year ended December 31, 2018.
Southside reported net income of $17.4 million for the three months ended December 31, 2018, an increase of $7.1 million, or 68.2%, compared to $10.3 million for the same period in 2017. Southside reported net income of $74.1 million for the year ended December 31, 2018, an increase of $19.8 million, or 36.5%, compared to $54.3 million for the same period in 2017.
Earnings per diluted common share increased $0.17, or 51.5%, to $0.50 for the three... More
