Southside Bancshares, Inc. declared a quarterly cash dividend of $0.36, payable on September 4, 2025.
Quiver AI Summary
Southside Bancshares, Inc. has announced a quarterly cash dividend of $0.36 per common share, set to be paid on September 4, 2025, to shareholders on record as of August 21, 2025. Based in Tyler, Texas, Southside Bancshares, Inc. is the parent company of Southside Bank, which has approximately $8.34 billion in assets and operates 53 branches across East Texas and major metropolitan areas including Dallas/Fort Worth, Austin, and Houston. Established in 1960, Southside Bank offers a variety of financial services such as loans, mortgages, and wealth management. For further information, stakeholders can visit the company's investor relations website.
Potential Positives
- The declaration of a regular quarterly cash dividend of $0.36 per common share indicates strong financial health and commitment to returning value to shareholders.
- The scheduled payment date of September 4, 2025 allows shareholders to anticipate and plan for income from their investment.
- The company’s assets of approximately $8.34 billion as of June 30, 2025, demonstrate a solid capital base and stability in operations.
- Southside Bank's extensive network of 53 branches and 71 ATMs/ITMs illustrates its strong presence in key markets, enhancing accessibility for customers.
Potential Negatives
- The cash dividend of $0.36 may indicate a limited ability to increase returns for shareholders, potentially reflecting constraints in the company's growth or profitability.
FAQ
What is the dividend amount declared by Southside Bancshares?
The Board declared a regular quarterly cash dividend of $0.36 per common share.
When will the dividend be paid to shareholders?
The dividend is scheduled for payment on September 4, 2025.
Who is eligible to receive the dividend?
Common stock shareholders of record on August 21, 2025, are eligible to receive the dividend.
Where is Southside Bancshares, Inc. headquartered?
Southside Bancshares, Inc. is headquartered in Tyler, Texas.
What services does Southside Bank offer?
Southside Bank offers consumer and commercial loans, mortgages, deposit accounts, treasury management, and wealth management services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SBSI Insider Trading Activity
$SBSI insiders have traded $SBSI stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SBSI stock by insiders over the last 6 months:
- KIRK A. CALHOUN purchased 300 shares for an estimated $8,397
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SBSI Hedge Fund Activity
We have seen 75 institutional investors add shares of $SBSI stock to their portfolio, and 76 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 115,630 shares (-22.6%) from their portfolio in Q1 2025, for an estimated $3,348,644
- STATE STREET CORP removed 108,784 shares (-7.9%) from their portfolio in Q1 2025, for an estimated $3,150,384
- DIMENSIONAL FUND ADVISORS LP added 54,218 shares (+4.1%) to their portfolio in Q1 2025, for an estimated $1,570,153
- JANE STREET GROUP, LLC added 52,486 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,519,994
- AQR CAPITAL MANAGEMENT LLC removed 52,166 shares (-25.0%) from their portfolio in Q1 2025, for an estimated $1,510,727
- RENAISSANCE TECHNOLOGIES LLC added 51,739 shares (+9.6%) to their portfolio in Q1 2025, for an estimated $1,498,361
- INVESCO LTD. removed 44,524 shares (-15.2%) from their portfolio in Q1 2025, for an estimated $1,289,415
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
TYLER, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on September 4, 2025, to common stock shareholders of record on August 21, 2025.
About Southside Bancshares, Inc.
Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.34 billion in assets as of June 30, 2025, that wholly-owns Southside Bank. Southside Bank currently operates 53 branches and a network of 71 ATMs/ITMs throughout East Texas, Southeast Texas and the greater Dallas/Fort Worth, Austin and Houston areas. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses. These products and services include consumer and commercial loans, mortgages, deposit accounts, safe deposit boxes, treasury management, wealth management, trust services, brokerage services and an array of online and mobile services.
To learn more about Southside Bancshares, Inc., please visit our investor relations website at https://investors.southside.com. Our investor relations site provides a detailed overview of our activities, financial information and historical stock price data. To receive email notification of company news, events and stock activity, please register on the website under Resources and Investor Email Alerts. Questions or comments may be directed to Lindsey Bailes at (903) 630-7965, or [email protected].
