Southside Bancshares, Inc. Named Recipient of 2022 Raymond James Community Bankers Cup

Southside Bancshares, Inc. (“Southside”) (NASDAQ:SBSI), parent company for Southside Bank, is proud to be a recipient of the Raymond James Community Bankers Cup for 2022. This annual award is presented to the top 10% of community banks based on several factors, such as profitability, operational efficiency, and balance sheet metrics. In 2022, 216 community banks with assets between $500 million and $10 billion were reviewed for the reward.

Southside was commended by Raymond James, an independent investment bank and research firm, for “running one of the best performing banks in the nation.” Recipients of this award demonstrate superior financial performance and typically drive superior industry stock price performance. Southside is the only Texas-based institution awarded a Bankers Cup.

President and CEO of Southside Bancshares, Inc., Lee Gibson, shared, “Southside is proud to be recognized as one of the top performing community banks in the country. We appreciate Raymond James acknowledging our commitment to remaining a strong community bank our customers can depend on, as well as our continued dedication to creating long-term value for our shareholders.”