Southside Bancshares Moderates 2026 Loan Growth Outlook Amid Repricing Risks
Southside Bancshares (SBSI) has adjusted its 2026 loan growth projections to a low-to-mid single-digit range. This moderation comes as the company faces significant repricing pressure, with approximately 55% of its loan portfolio scheduled to reprice within the next 90 days. Despite the cautious outlook on growth, the bank reported solid third-quarter financial performance. Key metrics included earnings per share of $0.93, a return on average assets (ROAA) of 1.27%, and a tangible equivalent net interest margin (NIM) of 3.02%. The company maintains a strong return on average tangible common equity at 16.31%.