Southside Bancshares, Inc. Declares Cash Dividend
Southside Bancshares, Inc. (NASDAQ:SBSI), the parent company of Southside Bank, has declared a regular quarterly cash dividend of $0.36 per common share. The dividend is set to be paid on September 5, 2024, to shareholders of record as of August 22, 2024. Southside Bancshares, headquartered in Tyler, Texas, is a bank holding company with approximately $8.36 billion in assets as of June 30, 2024. The company operates 54 branches and 73 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas. Southside Bank, established in 1960, offers a comprehensive range of financial products and services to individuals and businesses.
Southside Bancshares, Inc. (NASDAQ:SBSI), la società madre di Southside Bank, ha dichiarato un dividendo in contante regolare trimestrale di 0,36 dollari per azione comune. Il dividendo verrà pagato il 5 settembre 2024, agli azionisti registrati al 22 agosto 2024. Southside Bancshares, con sede a Tyler, Texas, è una società commerciale bancaria con circa 8,36 miliardi di dollari di attivi al 30 giugno 2024. La società gestisce 54 filiali e 73 sportelli bancomat/ITM in tutto l'est del Texas, nel sud-est del Texas e nelle aree di Dallas/Fort Worth, Austin e Houston. Southside Bank, fondata nel 1960, offre una vasta gamma di prodotti e servizi finanziari a privati e aziende.
Southside Bancshares, Inc. (NASDAQ:SBSI), la empresa matriz de Southside Bank, ha declarado un dividendo en efectivo regular trimestral de 0,36 dólares por acción común. El dividendo se pagará el 5 de septiembre de 2024, a los accionistas registrados al 22 de agosto de 2024. Southside Bancshares, con sede en Tyler, Texas, es una compañía de tenencia bancaria con aproximadamente 8,36 mil millones de dólares en activos a fecha del 30 de junio de 2024. La compañía opera 54 sucursales y 73 cajeros automáticos/ITM en todo el este de Texas, el sureste de Texas y las áreas de Dallas/Fort Worth, Austin y Houston. Southside Bank, establecido en 1960, ofrece una gama completa de productos y servicios financieros para individuos y empresas.
Southside Bancshares, Inc. (NASDAQ:SBSI)는 Southside Bank의 모회사로, 정기적인 분기 현금 배당금으로 주당 0.36달러를 선언하였습니다. 배당금은 2024년 9월 5일에 지급되며, 2024년 8월 22일 기준 주주들에게 지급됩니다. Southside Bancshares는 텍사스주 타일러에 본사를 두고 있으며, 2024년 6월 30일 기준으로 약 83억 6천만 달러의 자산을 보유한 은행 지주회사입니다. 이 회사는 동부 텍사스, 남동부 텍사스 및 대달라스/포트워스, 오스틴 및 휴스턴 지역에 걸쳐 54개의 지점과 73개의 ATM/ITM을 운영하고 있습니다. 1960년에 설립된 Southside Bank는 개인과 기업을 위한 폭넓은 금융 상품 및 서비스를 제공합니다.
Southside Bancshares, Inc. (NASDAQ:SBSI), la société mère de Southside Bank, a déclaré un dividende en espèces régulier trimestriel de 0,36 USD par action ordinaire. Le dividende sera payé le 5 septembre 2024, aux actionnaires enregistrés au 22 août 2024. Southside Bancshares, dont le siège est à Tyler, Texas, est une société de portefeuille bancaire avec environ 8,36 milliards USD d'actifs au 30 juin 2024. L'entreprise exploite 54 agences et 73 distributeurs automatiques de billets/ITM à travers l'est du Texas, le sud-est du Texas, ainsi que dans les plus grandes zones de Dallas/Fort Worth, Austin et Houston. Fondée en 1960, la Southside Bank propose une large gamme de produits et services financiers à des particuliers et des entreprises.
Southside Bancshares, Inc. (NASDAQ:SBSI), die Muttergesellschaft der Southside Bank, hat eine reguläre vierteljährliche Bardividende von 0,36 USD pro Stammaktie erklärt. Die Dividende soll am 5. September 2024 an die zum 22. August 2024 eingetragenen Aktionäre ausgezahlt werden. Southside Bancshares hat ihren Hauptsitz in Tyler, Texas, und ist ein Bankholding-Unternehmen mit etwa 8,36 Milliarden USD an Vermögenswerten zum 30. Juni 2024. Das Unternehmen betreibt 54 Filialen und 73 Geldautomaten/ITMs in Osttexas, Südosttexas sowie in den größeren Gebieten Dallas/Fort Worth, Austin und Houston. Die 1960 gegründete Southside Bank bietet eine umfassende Palette von Finanzprodukten und -dienstleistungen für Privatpersonen und Unternehmen an.
- Regular quarterly cash dividend of $0.36 per common share
- Substantial asset base of $8.36 billion as of June 30, 2024
- Extensive network of 54 branches and 73 ATMs/ITMs across major Texas regions
- None.
TYLER, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of
About Southside Bancshares, Inc.
Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately
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 Julie Shamburger at (903) 531-7134, or julie.shamburger@southside.com.
Forward-Looking Statements
Certain statements of other than historical fact that are contained in this press release and in other written materials, documents and oral statements issued by or on behalf of the Company may be considered to be “forward-looking statements” within the meaning of and subject to the safe harbor protections of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. These statements may include words such as “expect,” “estimate,” “project,” “anticipate,” “appear,” “believe,” “could,” “should,” “may,” “might,” “will,” “would,” “seek,” “intend,” “probability,” “risk,” “goal,” “target,” “objective,” “plans,” “potential,” and similar expressions. Forward-looking statements are statements with respect to the Company’s beliefs, plans, expectations, objectives, goals, anticipations, assumptions, estimates, intentions and future performance and are subject to significant known and unknown risks and uncertainties, which could cause the Company's actual results to differ materially from the results discussed in the forward-looking statements. For example, discussions of the effect of our expansion, benefits of the Share Repurchase Plan, trends in asset quality, capital, liquidity, the Company's ability to sell nonperforming assets, expense reductions, planned operational efficiencies and earnings from growth and certain market risk disclosures, including the impact of interest rates and our expectations regarding rate increases, tax reform, inflation, the impacts related to or resulting from other economic factors are based upon information presently available to management and are dependent on choices about key model characteristics and assumptions and are subject to various limitations. By their nature, certain of the market risk disclosures are only estimates and could be materially different from what actually occurs in the future. Accordingly, our results could materially differ from those that have been estimated. The most significant factor that could cause future results to differ materially from those anticipated by our forward-looking statements include the ongoing impact of higher inflation levels, prolonged elevated interest rates and general economic and recessionary concerns, all of which could impact economic growth and could cause a reduction in financial transactions and business activities, including decreased deposits and reduced loan originations, our ability to manage liquidity in a rapidly changing and unpredictable market, labor shortages and changes in interest rates by the Federal Reserve.
Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, under “Part I - Item 1. Forward Looking Information” and “Part I - Item 1A. Risk Factors” and in the Company’s other filings with the Securities and Exchange Commission. The Company disclaims any obligation to update any factors or to announce publicly the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.
For further information:
Julie Shamburger
903-531-7134
FAQ
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