AI brief of an SEC Form 8-K · Southside Bancshares (SBSI)

Southside Bancshares Q4 net income rises 25.8% to $21.8 million

Positive Impact 3 of 5 earnings Written later

Southside Bancshares reported fourth-quarter 2024 net income of $21.8 million, up 25.8% from a year earlier, with diluted earnings per share of $0.71 versus $0.57. For the full year, net income rose 2.1% to $88.5 million and diluted earnings per share reached $2.91. Net interest margin fell to 2.70% in the quarter, and management said it expects margin to increase during 2025.

Key points

  • Q4 2024 net income was $21.8 million, up $4.5 million, or 25.8%, from $17.3 million in Q4 2023.
  • Q4 2024 diluted EPS was $0.71, compared with $0.57 a year earlier.
  • Full-year 2024 net income was $88.5 million, up 2.1%, and diluted EPS was $2.91.
  • Net interest margin decreased to 2.70% from 2.83% a year earlier, and net interest income was $53.7 million, down 1.4%.

The filing

CompanySouthside Bancshares (SBSI)
Form8-K, current report
Filed with the SECJan 28, 2025, 5:47 PM ET
Accession number0000705432-25-000003

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.