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Southside Bancshares: 3Q Earnings Snapshot

TYLER, Texas (AP) _ Southside Bancshares Inc. (SBSI) on Friday reported third-quarter profit of $20.3 million.

The Tyler, Texas-based bank said it had earnings of 58 cents per share.

The holding company for Southside Bank posted revenue of $67.2 million in the period. Its revenue net of interest expense was $54.8 million, falling short of Street forecasts.

Southside Bancshares shares have dropped roughly 9 percent since the beginning of the year. The stock has declined 16 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBSI at https://www.zacks.com/ap/SBSI