Southside Bancshares presents 61.9% rise in nine-month net income
SBSI•Southside Bancshares reported nine-month net income of $78.07 million, up 61.9%, and third-quarter net income of $27.98 million. Diluted earnings were $2.61 per share for the nine months and $0.93 for the quarter.
1. Earnings and liquidity
Southside Bancshares highlighted third-quarter 2026 net income of $27.98 million at the Raymond James Texas Bank Symposium. Diluted earnings rose to $0.93 per share from $0.16 a year earlier. For the first nine months, net income increased 61.9% to $78.07 million and diluted earnings reached $2.61 per share. Available liquidity lines totaled $1.86 billion as of September 30, 2026.
2. Strategic goals
The company said its strategic goals include organic loan and non-maturity deposit growth, as well as identifying potential acquisition targets.
