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BancorpSouth Bank (BXS.N)

BXS.N on New York Stock Exchange

28.16USD
1:32am IST
Change (% chg)

$-0.38 (-1.33%)
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$28.54
Open
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$27.77
Volume
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$35.40
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Latest Key Developments (Source: Significant Developments)

Bancorpsouth Bank To Acquire Summit Financial Enterprises Inc
Wednesday, 6 Mar 2019 

March 5 (Reuters) - BancorpSouth Bank ::BANCORPSOUTH BANK TO ACQUIRE SUMMIT FINANCIAL ENTERPRISES, INC., PANAMA CITY, FLORIDA.BANCORPSOUTH BANK - WILL ISSUE 2.5 MILLION SHARES OF BANCORPSOUTH BANK COMMON STOCK, PLUS $20 MILLION IN CASH, FOR ALL OUTSTANDING SHARES OF SUMMIT.BANCORPSOUTH BANK - TERMS OF AGREEMENT PROVIDE FOR A COLLAR WITH RESPECT TO TOTAL DEAL VALUE RANGING FROM $95.0 MILLION TO $107.5 MILLION.BANCORPSOUTH BANK - UPON COMPLETION OF TRANSACTION, STEIN WILL SERVE AS BANCORPSOUTH'S FLORIDA CHAIRMAN.  Full Article

Bancorpsouth Bank Q4 Earnings Per Share $0.47
Thursday, 24 Jan 2019 

BancorpSouth Bank ::BANCORPSOUTH REPORTS RECORD ANNUAL EARNINGS; DECLARES QUARTERLY DIVIDEND.Q4 EARNINGS PER SHARE $0.47.Q4 EARNINGS PER SHARE ESTIMATE $0.55 -- REFINITIV IBES DATA.Q4 OPERATING EARNINGS PER SHARE $0.57 EXCLUDING ITEMS.NET INTEREST REVENUE WAS $152.9 MILLION FOR Q4 OF 2018, AN INCREASE OF 25.9 PERCENT.TOTAL ASSETS WERE $18.0 BILLION AT DECEMBER 31, 2018 COMPARED WITH $15.3 BILLION AT DECEMBER 31, 2017.  Full Article

Bancorpsouth Bank To Acquire Merchants Trust, Inc., Jackson, Alabama
Wednesday, 14 Nov 2018 

Bancorpsouth Bank ::TO ACQUIRE MERCHANTS TRUST, INC., JACKSON, ALABAMA.TERMS OF AGREEMENT PROVIDE FOR A COLLAR WITH RESPECT TO TOTAL DEAL VALUE RANGING FROM $37.5 MILLION TO $43 MILLION.UPON COMPLETION OF TRANSACTION, BEDWELL WILL SERVE AS BANCORPSOUTH'S CLARKE COUNTY CHAIRMAN.MERGER HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES; TRANSACTION ANTICIPATED TO CLOSE DURING H1 2019.CO WILL ISSUE 950,000 SHARES OF COMMON STOCK, $8 MILLION IN CASH, FOR ALL OUTSTANDING SHARES OF MERCHANTS TRUST CAPITAL STOCK.ON DEAL COMPLETION, JIM REID, PRESIDENT & CFO OF MERCHANTS BANK, WILL SERVE AS BANCORPSOUTH'S CLARKE COUNTY PRESIDENT.  Full Article

Bancorpsouth Bank To Acquire Casey Bancorp, Inc., Dallas, Texas
Wednesday, 14 Nov 2018 

Nov 13 (Reuters) - BancorpSouth Bank ::BANCORPSOUTH BANK TO ACQUIRE CASEY BANCORP, INC., DALLAS, TEXAS.UPON COMPLETION OF MERGER, CASEY BANCORP, INC. AND GRAND BANK OF TEXAS WILL EACH BE MERGED WITH AND INTO BANCORPSOUTH BANK.TERMS OF AGREEMENT PROVIDE FOR A COLLAR WITH RESPECT TO TOTAL DEAL VALUE RANGING FROM $51.75 MILLION TO $56.75 MILLION.UPON COMPLETION OF TRANSACTION, CASEY WILL SERVE AS BANCORPSOUTH BANK'S DALLAS AREA CHAIRMAN.MERGER HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES.CO WILL ISSUE 1.3 MILLION SHARES OF COMMON STOCK, PLUS $11 MILLION IN CASH, FOR ALL OUTSTANDING SHARES OF CASEY BANCORP CAPITAL STOCK.TRANSACTION IS ANTICIPATED TO CLOSE DURING FIRST HALF OF 2019.  Full Article

BancorpSouth receives regulatory approval and will close corporate entity reorganization
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - BancorpSouth Inc :BancorpSouth receives regulatory approval and will close corporate entity reorganization; announces stock repurchase program.BancorpSouth Inc - ‍new stock repurchase program will become effective upon closing of reorganization and will have an expiration date of December 31, 2019​.BancorpSouth Inc - board of bank authorized new stock repurchase program to purchase up to an aggregate of 6 million shares of bank's common stock​.  Full Article

BancorpSouth reports Q3 earnings per share $0.43
Thursday, 19 Oct 2017 

Oct 18 (Reuters) - BancorpSouth Inc :BancorpSouth announces third quarter 2017 financial results.Q3 earnings per share $0.43.Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Q3 operating earnings per share $0.43 excluding items.BancorpSouth Inc - ‍net interest revenue was $120.6 million for Q3 of 2017, an increase of 5.2 percent from $114.6 million for Q3 of 2016​.  Full Article

Bancorpsouth Inc enters amended and restated agreement and plan of reorganization
Wednesday, 16 Aug 2017 

Aug 15 (Reuters) - Bancorpsouth Inc ::Bancorpsouth Inc - on August 15, 2017, co entered amended and restated agreement and plan of reorganization, dated as of August 15, 2017.Bancorpsouth-Amended plan of reorganization provides that co will be merged with and into bank with bank continuing as surviving entity.Bancorpsouth Inc - ‍ amended plan provides that surviving entity will assume and continue all of co's existing equity incentive plans, among others​.  Full Article

BancorpSouth Inc announces corporate entity restructuring
Thursday, 27 Jul 2017 

July 27 (Reuters) - Bancorpsouth Inc :BancorpSouth Inc - as part of a plan to effect a corporate entity restructuring, entered into an agreement and plan of reorganization.BancorpSouth Inc - agreement whereby co to be merged with, into unit BancorpSouth Bank with bank continuing as surviving entity following reorganization.BancorpSouth Inc - upon completion of restructuring, outstanding shares of bank's common stock will be cancelled and cease to exist.BancorpSouth Inc - Upon completion of restructuring, outstanding shares of co's stock to be converted into equivalent number of shares of bank's common stock.BancorpSouth Inc - shares of bank's common stock expected to be owned by co's shareholders in same proportion as their ownership prior to reorganization.BancorpSouth Inc - following restructuring, expected that bank will be a publicly traded co listed on NYSE under ticker symbol currently used by co, "BXS.".BancorpSouth Inc - bank will have same board of directors following reorganization as company had immediately prior to closing of reorganization.BancorpSouth Inc - plan of reorganization has been approved by boards of directors of company and bank.BancorpSouth Inc - executive officers of company will hold same positions and titles with bank following reorganization.  Full Article

Bancorpsouth increases quarterly dividend to $0.14 per share
Thursday, 27 Jul 2017 

July 26 (Reuters) - Bancorpsouth Inc :Bancorpsouth, Inc. announces increase in quarterly dividend to $0.14 per common share.Bancorpsouth Inc - declared a quarterly cash dividend of $0.14 per common share.Bancorpsouth Inc - dividend represents increase of $0.015 per common share, or 12 percent, compared to its most recent dividend paid on July 3, 2017.  Full Article

BancorpSouth announces Q2 earnings per share $0.41
Thursday, 20 Jul 2017 

July 19 (Reuters) - BancorpSouth Inc :BancorpSouth announces second quarter 2017 financial results.Q2 earnings per share $0.41.Q2 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Q2 operating earnings per share $0.42 excluding items.Says net interest revenue was $117.5 million for q2 of 2017, an increase of 4.6 percent.BancorpSouth Inc qtrly net interest margin increased to 3.52 percent.  Full Article