Southside Bancshares stock reports higher second-quarter earnings

Published on 10/05/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southside Bancshares stock was last at USD 30.73 after the October 2 session, 15.1 percent below its 52-week high. Q2 net income rose 23.03 percent year over year.

SBSI, US84470P1093, Illustration mit AI erstellt.

Southside Bancshares (ISIN US84470P1093) was last at USD 30.73 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 0.79 percent from the prior close. The Texas regional bank's second-quarter earnings showed stronger profit growth, with net income reaching USD 26.837 million.

Q2 profit rises 23 percent

According to MarketScreener, Southside Bancshares reported second-quarter net income of USD 26.837 million for the period ended June 30, 2026, up 23.03 percent from USD 21.813 million a year earlier. Diluted EPS rose to USD 0.90 from USD 0.72, a 25 percent increase.

The earnings mix was positive but uneven. The result exceeded the USD 0.86 consensus EPS estimate, while revenue of USD 71.34 million came in below the USD 75.00 million estimate, according to MarketBeat.

Balance sheet supports expansion

Southside Bancshares entered the second half of 2026 with USD 8.764 billion in assets and USD 4.950 billion in loans as of June 30, 2026. Its six-month net income reached USD 50.096 million, up 15.64 percent from USD 43.320 million in the comparable period, while diluted EPS increased 18.31 percent to USD 1.68 from USD 1.42, according to MarketScreener.

The figures point to earnings improvement despite a revenue shortfall against expectations. For investors, the key operating question is whether loan growth and funding costs can preserve that profit momentum through the next reporting period.

Analysts see value above USD 30

The published consensus was Hold from five analysts, with an average price target of USD 35.00, according to MarketScreener. Against the October 2 price of USD 30.73, that target lies 13.9 percent above the stock.

The market value stood at USD 914.3 million on October 2, 2026, while trading volume was 128,200 shares. The stock's 52-week range was USD 26.32 to USD 36.20, placing the latest price 15.1 percent below the yearly high.

Southside Bancshares stock stays below its yearly high

Southside Bancshares stock was last at USD 30.73 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a daily gain of 0.79 percent and a market capitalization of USD 914.3 million.