Shares of Southside Bancshares SBSI were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share rose 18.18% year over year to $0.65, which beat the estimate of $0.37.
Revenue of $59,464,000 higher by 9.34% year over year, which beat the estimate of $57,660,000.
Outlook
Southside Bancshares hasn't issued any earnings guidance for the time being.
Southside Bancshares hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Jul 22, 2020
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/42mixcoh
Recent Stock Performance
52-week high: $37.89
52-week low: $23.74
Price action over last quarter: down 3.76%
Company Description
Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage and equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.
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