Southside Bancshares: Q1 Earnings Insights - Southside Bancshares (NASDAQ:SBSI)

Southside Bancshares SBSI reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Southside Bancshares beat estimated earnings by 10.0%, reporting an EPS of $0.77 versus an estimate of $0.7.

Revenue was down $295.00 thousand from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 1.36% drop in the share price the next day.

Here's a look at Southside Bancshares's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.76	0.65	0.69	0.68
EPS Actual	0.88	0.90	0.65	1.04
Revenue Estimate	62.76M	60.35M	60.63M	59.85M
Revenue Actual	61.41M	60.98M	56.58M	59.93M

To track all earnings releases for Southside Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.