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Southside Bancshares Q3 Net Income Rises Year Over Year to $27.98 Million
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Southside Bancshares Q3 Net Income Rises Year Over Year to $27.98 Million
  • Southside Bancshares' third-quarter 2026 net income rose to $28 million year-over-year, primarily due to the prior-year loss on AFS securities sales.
  • Net interest income climbed 8% year-over-year to $60.3 million, primarily due to higher average earning assets and lower interest-bearing liability rates.
  • September 30 deposits fell 14% year-over-year to $6.01 billion, primarily due to lower brokered deposits and public funds deposits.
  • Nonperforming assets dropped 56% year-over-year to $15.8 million at September 30, primarily due to a decrease in restructured loans.


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: 20261029663885) on October 29, 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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