Southside Bancshares publishes third-quarter 2026 earnings call transcript
SBSI•Southside Bancshares cut its 2026 loan growth guidance to the low-to-mid-single digits as commercial real estate originations may slow. Third-quarter net income rose 4.2% sequentially to $28 million, and diluted earnings per share reached $0.93.
1. Results and outlook
Southside Bancshares reported third-quarter net income of $28 million, up 4.2% sequentially, and diluted earnings per share of $0.93. Tax-equivalent net interest margin expanded 12 basis points to 3.02%. The company cut 2026 loan growth guidance to the low-to-mid-single digits, citing the possibility that commercial real estate originations may slow amid continued payoffs. The loan pipeline fell to $1.2 billion from $1.4 billion; CEO Keith M. Donahoe expects no drastic change in loan growth in 2027.
