Southside Bancshares, Inc. (NASDAQ:SBSI) reported its third quarter earnings results on Friday 23rd October 2020 before market open.
The financial products and services provider, reported $ 0.82 income per share for the quarter, beat the consensus estimate of $ 0.56 income per share by $ 0.26 or 46.43 percent. The quarterly earnings grew 41.38 percent compared with the same quarter last year.
Southside Bancshares, Inc. had revenue of $ 60.75 million for the quarter, compared to the consensus estimate of $ 60.84 million. The revenues fell short of analysts estimates by $ 0.09 million or 0.15 percent. The financial report showed revenues surged 9.97 percent versus third quarter of last year.
Analysts estimates are from Thompson Reuters, exclude one time gain or loss
