Southside Bancshares: 2Q Earnings Snapshot
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.