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Compared to Estimates, Southside Bancshares (SBSI) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Southside Bancshares (SBSI - Free Report) reported revenue of $73.3 million, up 6.5% over the same period last year. EPS came in at $0.90, compared to $0.72 in the year-ago quarter.
The reported revenue represents a surprise of -2.4% over the Zacks Consensus Estimate of $75.1 million. With the consensus EPS estimate being $0.88, the EPS surprise was +2.27%.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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): 2.9% versus 3.1% estimated by two analysts on average.
Total Nonperforming Assets: $9.8 million versus $9.56 million estimated by two analysts on average.
Efficiency Ratio: 54.4% versus the two-analyst average estimate of 53.6%.
Average Balance - Total earning assets: $8.21 billion versus $8.16 billion estimated by two analysts on average.
Total Nonaccrual loans: $9.63 million compared to the $9.39 million average estimate based on two analysts.
Net charge-offs (recoveries) to average loans outstanding: 0% versus 0.1% estimated by two analysts on average.
Net Interest Income (FTE): $59.29 million versus the two-analyst average estimate of $62.24 million.
Total Noninterest Income: $14 million versus the two-analyst average estimate of $12.87 million.
Net Interest Income: $57.33 million versus the two-analyst average estimate of $60.31 million.
Shares of Southside Bancshares have returned -3% over the past month versus the Zacks S&P 500 composite's +0.6% 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.
View the Zacks #1 Rank List
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Compared to Estimates, Southside Bancshares (SBSI) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Southside Bancshares (SBSI - Free Report) reported revenue of $73.3 million, up 6.5% over the same period last year. EPS came in at $0.90, compared to $0.72 in the year-ago quarter.
The reported revenue represents a surprise of -2.4% over the Zacks Consensus Estimate of $75.1 million. With the consensus EPS estimate being $0.88, the EPS surprise was +2.27%.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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% over the past month versus the Zacks S&P 500 composite's +0.6% 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.