Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Southside Bancshares (SBSI)

Southside Bancshares Q1 net income rises 8.1% to $23.3 million

Positive Impact 3 of 5 earnings Written later

Southside Bancshares reported first quarter 2026 net income of $23.3 million, or $0.78 per diluted share, up from $21.5 million, or $0.71 per share, a year earlier. Net interest income rose 7.1% to $57.7 million and noninterest income rose 23.2% to $12.6 million, while noninterest expense rose 9.4% to $40.6 million. The results were released on April 30, 2026, in a press release furnished as Exhibit 99.1.

Key points

  • Net income of $23.3 million, up 8.1% from $21.5 million in the first quarter of 2025.
  • Diluted earnings per share of $0.78, up 9.9% from $0.71 a year earlier.
  • Tax-equivalent net interest margin rose three basis points from the fourth quarter of 2025 to 3.01%; loans rose 2.7% linked quarter to $4.95 billion.
  • Nonperforming assets fell to $9.7 million, or 0.11% of total assets, from $38.2 million, or 0.45%, at December 31, 2025.

The filing

CompanySouthside Bancshares (SBSI)
Form8-K, current report
Filed with the SECApr 29, 2026, 5:49 PM ET
Accession number0000705432-26-000076

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 April 29, 2026.

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.