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Southside Bancshares Q2 FY26 net income rises 23% to $26.8 million; EPS climbs 25% to $0.90
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Southside Bancshares Q2 FY26 net income rises 23% to $26.8 million; EPS climbs 25% to $0.90
  • Southside Bancshares posted Q2 net income of USD 26.8 million, up 23% from a year earlier; diluted EPS rose 25% to USD 0.90.
  • Net interest income climbed 5.7% to USD 57.3 million, while net interest margin narrowed 0.11 percentage point to 2.80% from Q1.
  • Noninterest income increased 15.3% to USD 14 million; noninterest expense edged down 1.5% to USD 38.7 million.
  • Total assets grew to USD 8.76 billion; deposits fell 7% to USD 6.17 billion, driven by a USD 602.1 million drop in brokered deposits.
  • Nonperforming assets were USD 9.8 million, steady at 0.11% of assets; management reiterated expectations for mid-single-digit loan growth in 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southside Bancshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607240545BIZWIRE_USPR_____20260724_BW949165) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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