NYSE$SBSI
Southside Bancshares Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported net income of $29.3 million and earnings per diluted common share of $0.90.
Southside Bancshares reported a strong third quarter with net income of $29.3 million, an increase of 8.2% compared to the same period in 2020. The company saw annualized linked quarter deposit growth of 13.5% and loan growth of 7.9%, net of PPP loans. The net interest margin increased to 3.16%.
- Net income for the third quarter was $29.3 million.
- Earnings per diluted common share for the third quarter were $0.90.
- Annualized linked quarter loan growth, net of PPP loans, was 7.9%.
- Annualized linked quarter deposit growth was 13.5%.
Headline financials
Revenue & EPS history
Southside Bancshares · Revenue · Quarterly
$61M
Forward guidance
The company's loan pipeline is strong, but anticipated payoffs in the fourth quarter will generate some continued headwinds. They remain encouraged by the continued strong economic conditions in the market areas they serve.
Tailwinds
- Strong loan pipeline
- Continued strong economic conditions in market areas
Headwinds
- Anticipated payoffs in the fourth quarter will generate some continued headwinds.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-0.1%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+1.0%
Avg return
30 days after
41%
27 / 66 earnings
Positive
+18.4%
Q2 2023
Best reaction
-10.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | -2.6% | -1.7% | |
| Q4 2025 | -0.1% | +3.3% | -3.0% | |
| Q3 2025 | -0.5% | +1.1% | +5.5% | |
| Q2 2025 | -0.4% | -2.2% | -0.8% | |
| Q1 2025 | +0.5% | +0.0% | -0.4% | |
| Q4 2024 | -3.9% | -5.5% | -5.9% | |
| Q3 2024 | -3.2% | -2.6% | +7.2% | |
| Q2 2024 | +7.6% | +10.5% | +7.0% | |
| Q1 2024 | -3.9% | -6.1% | -6.3% | |
| Q4 2023 | +5.7% | +0.9% | -6.8% | |
| Q3 2023 | -3.5% | -5.5% | -0.7% | |
| Q2 2023 | +18.4% | +17.5% | +7.8% | |
| Q1 2023 | -3.4% | -4.1% | -17.6% | |
| Q4 2022 | +2.5% | +5.8% | +7.9% | |
| Q3 2022 | -10.7% | -4.8% | -0.3% | |
| Q2 2022 | +5.3% | +6.1% | +3.2% | |
| Q1 2022 | -0.3% | +0.3% | +0.7% | |
| Q4 2021 | +0.2% | +0.4% | -0.5% | |
| Q3 2021 | +5.3% | +5.2% | +11.7% | |
| Q2 2021 | -2.1% | -0.2% | +3.7% | |
| Q1 2021 | +6.5% | +6.6% | +12.5% | |
| Q4 2020 | -3.9% | -3.4% | +4.9% | |
| Q3 2020 | +3.0% | -3.3% | +14.8% | |
| Q2 2020 | +3.5% | -0.7% | +0.9% | |
| Q1 2020 | -3.8% | -2.2% | -2.1% | |
| Q4 2019 | -1.2% | +2.1% | -10.8% | |
| Q3 2019 | +1.0% | +1.1% | -0.0% | |
| Q2 2019 | +3.0% | +5.3% | -2.0% | |
| Q1 2019 | +3.6% | +1.3% | -1.0% | |
| Q4 2018 | -1.7% | -0.2% | +6.1% | |
| Q3 2018 | -0.7% | +2.9% | +5.8% | |
| Q2 2018 | -3.1% | -2.1% | +0.8% | |
| Q1 2018 | -5.1% | -6.2% | -2.0% | |
| Q4 2017 | +3.5% | +1.9% | +4.9% | |
| Q3 2017 | -4.7% | -3.9% | -7.2% | |
| Q2 2017 | -2.4% | -1.5% | -7.0% | |
| Q1 2017 | +1.8% | +1.3% | -2.8% | |
| Q4 2016 | -9.4% | -7.3% | -4.9% | |
| Q3 2016 | -0.1% | -3.4% | +17.3% | |
| Q2 2016 | -6.6% | -5.1% | -0.7% | |
| Q1 2016 | +4.6% | — | — | |
| Q4 2015 | +1.1% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | +1.0% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | +2.8% | — | — | |
| Q3 2014 | -0.2% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | +4.8% | — | — | |
| Q4 2013 | +0.2% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | +1.0% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q3 2012 | -0.7% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2010 | -3.2% | — | — | |
| Q1 2011 | -3.2% | — | — | |
| Q1 2012 | +1.1% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q3 2010 | -2.2% | — | — | |
| Q3 2011 | -2.2% | — | — | |
| Q2 2011 | -4.5% | — | — | |
| Q2 2010 | -4.5% | — | — |
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