Southside Bancshares (SBSI) Tops Q1 EPS by 7c

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Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2022

April 26, 2022 6:00 AM EDT

First quarter net income of $25.0 million;Linked quarter loan growth, net of Paycheck Protection Program (PPP) loans, of 4.8%;Annualized return on first quarter average assets of 1.40%;Annualized return on first quarter average tangible common equity of 15.20%(1); andNonperforming assets remain low at 0.16% of total assets.

TYLER, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (Southside or the Company)... More