Southside Bancshares, Inc. (“Southside”) (NASDAQ:SBSI), the holding company of Southside Bank, has been named one of the “Top 25 Banks” in America by Bank Director. A recent RankingBanking study analyzed the largest 300 publicly traded banks from across the U.S. based on 2021 performance by using key financial metrics including profitability, capital adequacy, asset quality, and total shareholder return. Based on its strong performance for 2021, Southside landed within the top 25 of the Bank Director list, published in July 2022.
“We are proud to be recognized as a Top 25 Bank by Bank Director and among a list of elite banks across the U.S.,” said Lee R. Gibson, President and Chief Executive Officer of Southside Bancshares, Inc. “Throughout our 60 year history, we have maintained a strong commitment to provide excellence to our customers, communities, and shareholders - this recognition is a reflection of that commitment.”
Bank Director is a leading information resource for directors and officers of financial institutions nationwide.
About Southside Bank
Southside Bank is headquartered in Tyler, Texas, with approximately $7.61 billion in assets as of June 30, 2022. Southside currently operates 56 branches and a network of 74 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.