Southside Bancshares: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2023, 05:54 AM ET
Last Updated - Jun 22, 2023, 04:18 AM EDT
TYLER, Texas (AP) — TYLER, Texas (AP) — Southside Bancshares Inc. (SBSI) on Tuesday reported net income of $26 million in its first quarter.
The bank, based in Tyler, Texas, said it had earnings of 83 cents per share. Earnings, adjusted for amortization costs, were 84 cents per share.
The holding company for Southside Bank posted revenue of $92.9 million in the period. Its revenue net of interest expense was $68.6 million, missing Street forecasts.
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