Southside Bancshares Targets Mid-Single-Digit Loan Growth in 2026 Amid $1.47 Billion Pipeline and Margin Pressure
Southside Bancshares (NYSE:SBSI) is projecting mid-single-digit loan growth for 2026, despite facing margin pressure due to a challenging interest rate environment. The company reported strong second-quarter performance with earnings per share of $0.90, return on average assets at 1.23%, and return on average tangible common equity reaching 16.09%. CEO Keith Donahoe highlighted these metrics as signs of improved profitability and operations. The bank also noted a robust loan pipeline totaling approximately $1.47 billion, which supports its growth outlook for the next few years. However, Southside remains cautious about margin compression due to rising interest rates impacting net income.
Tickers: $SBSI