AP NEWS
Click to copy
Click to copy

Southside Bancshares: 2Q Earnings Snapshot

July 26, 2019

TYLER, Texas (AP) _ Southside Bancshares Inc. (SBSI) on Friday reported second-quarter profit of $18.6 million.

The bank, based in Tyler, Texas, said it had earnings of 55 cents per share.

The holding company for Southside Bank posted revenue of $71.9 million in the period. Its revenue net of interest expense was $56 million, which beat Street forecasts.

Southside Bancshares shares have risen 3.5% since the beginning of the year. The stock has dropped 7% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBSI at https://www.zacks.com/ap/SBSI

All contents © copyright 2019 The Associated Press. All rights reserved.