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Southside Bancshares (SBSI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
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Southside Bancshares (SBSI - Free Report) reported $72.15 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 8.6%. EPS of $0.78 for the same period compares to $0.71 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $70.98 million, representing a surprise of +1.66%. The company delivered an EPS surprise of +2.19%, with the consensus EPS estimate being $0.76.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Southside Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin (FTE): 3% compared to the 3% average estimate based on three analysts.
Total Nonperforming Assets: $9.73 million versus the three-analyst average estimate of $19.99 million.
Efficiency Ratio: 56.4% versus 54.9% estimated by three analysts on average.
Average Balance - Total earning assets: $8.03 billion compared to the $7.94 billion average estimate based on three analysts.
Net charge-offs (recoveries) to average loans outstanding: 0% versus 0.1% estimated by three analysts on average.
Total Nonaccrual loans: $9.56 million compared to the $10.37 million average estimate based on two analysts.
Net Interest Income (FTE): $59.56 million compared to the $58.92 million average estimate based on three analysts.
Total Noninterest Income: $12.6 million versus the three-analyst average estimate of $12.07 million.
Deposit services: $5.93 million versus $5.99 million estimated by two analysts on average.
Gain on Sale of Loans: $0.12 million compared to the $0.09 million average estimate based on two analysts.
Trust income: $2.2 million compared to the $2.12 million average estimate based on two analysts.
Net Interest Income: $57.69 million compared to the $56.86 million average estimate based on two analysts.
Shares of Southside Bancshares have returned +3.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Southside Bancshares (SBSI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Southside Bancshares (SBSI - Free Report) reported $72.15 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 8.6%. EPS of $0.78 for the same period compares to $0.71 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $70.98 million, representing a surprise of +1.66%. The company delivered an EPS surprise of +2.19%, with the consensus EPS estimate being $0.76.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Southside Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Southside Bancshares here>>>
Shares of Southside Bancshares have returned +3.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.