Southside Bancshares (SBSI) Tops Q4 EPS by 12c

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Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2021

January 28, 2022 6:00 AM EST

Fourth quarter net income of $28.7 million;Record annual net income of $113.4 million, an increase of 38.0%, compared to the same period in 2020;Annualized linked quarter loan growth, net of Paycheck Protection Program (PPP) loans, of 3.8%;Annualized linked quarter deposit growth, net of brokered deposits, of 15.9%;Linked quarter net interest margin increased to 3.23%;Annualized return on fourth quarter average assets of... More