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Jun 30
Southside Bancshares Q2 2025 Earnings Report
Southside Bancshares reported solid Q2 2025 results with stable profitability and improved net interest margin.
Key Takeaways
Southside Bancshares posted $68.8M in revenue and $21.8M in net income for Q2 2025, with EPS at $0.72. The company maintained strong asset quality and capital ratios, while efficiency improved slightly compared to the prior quarter.
Net income was $21.8M, down 11.6% YoY due to higher noninterest expenses.
Net interest margin (FTE) improved to 2.95%, up 9 bps from Q1 2025.
Nonperforming assets remained low at 0.39% of total assets.
Return on average tangible common equity reached 14.38%.
Southside Bancshares
Southside Bancshares
Southside Bancshares Revenue by Segment
Revenue by Segment
Deposit services Revenue
CapyFin.comTrust fees Revenue
CapyFin.comBank-owned life ins. Revenue
CapyFin.comBrokerage services Revenue
CapyFin.comGain on sale of loans Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
Southside expects moderate loan growth for 2025 and stable net interest margin, with continued monitoring of credit quality.
Positive Outlook
- Loan pipeline supports 3-4% expected loan growth for 2025.
- Improved net interest margin sequentially.
- Strong capital and liquidity positions maintained.
- Nonperforming assets remain relatively low at 0.39%.
- Share repurchases continue to support shareholder returns.
Challenges Ahead
- Net income declined YoY due to higher noninterest expenses.
- Provision for credit losses increased compared to prior year.
- Higher noninterest expense impacted efficiency ratio.
- Loan growth slowed in certain categories.
- Increased economic uncertainty factored into credit models.