Southside Bancshares Reports Second-Quarter Profit
Posted/updated on: July 28, 2019 at 1:53 pm
TYLER (AP) – Tyler-based Southside Bancshares Inc. on Friday reported second-quarter profit of $18.6 million. The bank said it had earnings of 55 cents per share. The holding company for Southside Bank posted revenue of $71.9 million in the period. Its revenue net of interest expense was $56 million, which beat Wall Street forecasts. Southside Bancshares shares have risen 3.5% since the beginning of the year. The stock has dropped 7% in the last 12 months.
