Southside Bancshares (SBSI)
NYSE:SBSI
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.85Last Year’s EPS
0.72Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Q1 2026
Earnings Call Date:Apr 30, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call highlights a solid quarter: double-digit linked-quarter net income and EPS growth, improved NIM, meaningful loan production and lower NPAs, plus strategic MBS purchases and targeted retail expansion and talent hires. Offsetting items include higher noninterest expense (and a weaker efficiency ratio), a material increase in unrealized AFS losses, some deposit outflows and greater reliance on wholesale funding, a reduced pipeline versus a mid-quarter peak, and a small set of multifamily downgrades that management expects to resolve. Management’s tone is optimistic and forward-looking, with plans to control expenses, benefit from lower funding costs after the subordinated debt redemption, and pursue loan and deposit growth while remaining opportunistic on M&A.Company Guidance
Net Income and EPS Growth
Net income of $23.3 million, an increase of $2.3 million or 10.8% linked-quarter; diluted EPS of $0.78, up $0.08 or 11.4% versus prior quarter.
Strong Linked-Quarter Loan Growth
Loans of $4.95 billion, a linked-quarter increase of $128.2 million or 2.7%; new loan production of approximately $431 million (vs. $327 million prior quarter) with ~$240 million funded during the quarter.
Improved Profitability Metrics
Annualized return on average assets of 1.10% and annualized return on average tangible common equity of 14.39%.
Net Interest Income and NIM Improvement
Net interest income increased $441,000 (0.8%) linked-quarter; tax-equivalent net interest margin improved to 3.01% (up 3 bps from 2.98%) driven by lower funding costs and sub debt redemption.
Liquidity and Capital Strength
Liquidity resources of $2.68 billion in available lines; capital ratios remain well above 'well-capitalized' thresholds; did not repurchase shares while retaining ~762,000 shares authorized for repurchase.
Reduction in Nonperforming Assets
Nonperforming assets totaled $9.7 million, a decrease of $28.5 million from December 2025; NPA ratio low at 0.11% of total assets.
Securities Portfolio Growth and Strategic MBS Purchases
Securities increased $164.3 million (6.1%) to $2.87 billion with $313.5 million in MBS purchases (coupons 4.5%–5.5%, portfolio yield ~5.24%); plan to maintain securities at ~$2.7B–$2.8B.
Business Expansion and Talent Hire
Replaced Woodlands loan production office with a full-service branch, opened a new branch in Tyler, and hired a 30-year wealth management veteran to expand the DFW wealth platform.
SBSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SBSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $32.60 | $33.03 | +1.32% |
Jan 29, 2026 | $32.28 | $32.31 | +0.09% |
Oct 24, 2025 | $27.27 | $27.13 | -0.51% |
Jul 25, 2025 | $29.91 | $29.36 | -1.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Southside Bancshares (SBSI) report earnings?
Southside Bancshares (SBSI) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is Southside Bancshares (SBSI) earnings time?
Southside Bancshares (SBSI) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBSI EPS forecast?
SBSI EPS forecast for the fiscal quarter 2026 (Q2) is 0.85.