Southside Bancshares (SBSI) Misses Q4 EPS by 6c

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Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2019

January 31, 2020 6:30 AM EST

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% to 0.26%Fourth quarter net income was $17.3 million and earnings per diluted common share were $0.51Fourth quarter annualized return on average assets of 1.03%

TYLER, Texas, Jan. 31, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (Southside or the Company) (NASDAQ: SBSI) today reported its financial results for the quarter and year... More