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Southside Bancshares: Q3 Earnings Snapshot
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TYLER, Texas (AP) — TYLER, Texas (AP) — Southside Bancshares Inc. (SBSI) on Thursday reported third-quarter earnings of $28 million.

The Tyler, Texas-based bank said it had earnings of 93 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The holding company for Southside Bank posted revenue of $120.6 million in the period. Its revenue net of interest expense was $76.1 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $72.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBSI at https://www.zacks.com/ap/SBSI

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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