Southside Bancshares (SBSI) reported net income of $21.5 million and earnings per common share of $0.71 for both of the three month periods ended March 31, 2025 and 2024. Analysts on average expected the company to report profit per share of $0.68, for the quarter. Analysts' estimates typically exclude special items. Adjusted net income available to common shareholders was $21.68 million compared to $21.78 million.
Net interest income for the three months ended March 31, 2025 was $53.9 million, an increase of 0.9%, compared to the same period in 2024. Noninterest income was $10.2 million for the three months ended March 31, 2025, an increase of 5.1%, compared to $9.7 million for the same period in 2024.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.