Southside Bancshares, Inc. Declares Cash Dividend
09 Maggio 2024 - 10:15PM
The Board of Directors of Southside Bancshares, Inc.,
(NASDAQ: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 June 6, 2024, to
common stock shareholders of record on May 23, 2024.
About Southside Bancshares,
Inc.
Southside Bancshares, Inc. is a bank holding
company headquartered in Tyler, Texas, with approximately $8.35
billion in assets as of March 31, 2024, that wholly-owns Southside
Bank. Southside Bank currently operates 54 branches and a network
of 73 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 lindsey.bailes@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, 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, higher 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, supply chain
disruptions, 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: Lindsey Bailes
903-630-7965
Grafico Azioni Southside Bancshares (NASDAQ:SBSI)
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Grafico Azioni Southside Bancshares (NASDAQ:SBSI)
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Da Set 2023 a Set 2024