Southside Bancshares (SBSI) Misses Q3 EPS by 1c

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Go back to Southside Bancshares (SBSI) Misses Q3 EPS by 1c

Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2019

October 25, 2019 6:30 AM EDT

Third quarter net income was $19.8 million and earnings per diluted common share were $0.58 Linked quarter loans increased $39.8 million, or 1.1%, to $3.50 billion from $3.46 billion Third quarter annualized return on average shareholders equity of 9.78% and return on average tangible common equity of 13.96% (1) Third quarter annualized return on average assets of 1.23% Linked quarter nonperforming assets as a percent of total assets decreased from 0.46% to 0.45%

TYLER, Texas, Oct. 25, 2019 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (Southside or the Company) (NASDAQ:... More