About BancorpSouth (NYSE:BXS)
BancorpSouth, Inc. is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company's segments include Community Banking, Insurance Agencies, and General Corporate and Other. Its Community Banking segment provides a range of deposit products, commercial loans and consumer loans. Its Insurance Agencies segment serves as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. Its General Corporate and Other segment includes mortgage banking, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies segments.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: Regional Banks
- Symbol: NYSE:BXS
- CUSIP: 05969210
- Web: www.bancorpsouth.com
- Market Cap: $2.94 billion
- Outstanding Shares: 91,029,000
- 50 Day Moving Avg: $30.85
- 200 Day Moving Avg: $30.16
- 52 Week Range: $22.85 - $32.70
Sales & Book Value:
- Trailing P/E Ratio: 19.92
- Foreward P/E Ratio: 17.03
- P/E Growth: 3.84
- Annual Revenue: $743.84 million
- Price / Sales: 3.96
- Book Value: $18.59 per share
- Price / Book: 1.74
- Annual Dividend: $0.56
- Dividend Yield: 1.8%
- Net Margins: 19.59%
- Return on Equity: 8.98%
- Return on Assets: 1.03%
- Debt-to-Equity Ratio: 0.10%
- Current Ratio: 0.89%
- Quick Ratio: 0.88%
- Average Volume: 550,051 shs.
- Beta: 1.43
- Short Ratio: 4.82
Frequently Asked Questions for BancorpSouth (NYSE:BXS)
What is BancorpSouth's stock symbol?
BancorpSouth trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXS."
How often does BancorpSouth pay dividends? What is the dividend yield for BancorpSouth?
BancorpSouth declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.14 per share on Monday, October 2nd. This represents a $0.56 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Thursday, September 14th. This is an increase from BancorpSouth's previous quarterly dividend of $0.13. View BancorpSouth's Dividend History.
How were BancorpSouth's earnings last quarter?
BancorpSouth, Inc. (NYSE:BXS) posted its quarterly earnings data on Thursday, October, 19th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. The firm had revenue of $186.52 million for the quarter, compared to analysts' expectations of $191.32 million. BancorpSouth had a return on equity of 8.98% and a net margin of 19.59%. The firm's revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 earnings per share. View BancorpSouth's Earnings History.
Where is BancorpSouth's stock going? Where will BancorpSouth's stock price be in 2017?
8 brokerages have issued 1-year price targets for BancorpSouth's shares. Their forecasts range from $31.00 to $35.00. On average, they expect BancorpSouth's share price to reach $32.80 in the next year. View Analyst Ratings for BancorpSouth.
What are analysts saying about BancorpSouth stock?
Here are some recent quotes from research analysts about BancorpSouth stock:
- 1. According to Zacks Investment Research, "Shares of BancorpSouth have outperformed the industry over the past six months. The performance was supported by the company’s impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. Given a strong balance sheet position, the company has been steadily enhancing shareholders’ value through strategic acquisitions, dividend hikes, share buybacks and excellent expense management initiatives. However, continued pressure on margin due to lower yields is expected to hurt the bank’s bottom-line growth. The company’s exposure to consumer mortgage and commercial real estate loans also continues to be a near-term concern. Further, a stretched valuation indicates limited upside potential for the stock." (10/11/2017)
- 2. Brean Capital analysts commented, "BXS reported operating EPS of $0.41 vs. Brean/consensus at $0.39/$0.40 and included a $0.01 hit from a negative MSR valuation adjustment. Excluding that amount, EPS was $0.42 vs. $0.39 in the year-ago period and in Q1. Despite a better-than-expected NIM and loan growth, spread revenues were in-line with our estimates with fee income following suit. The beat came from prudent expense management and lower credit costs. Overall, a pretty solid quarter and a nice bounce back from Q1 highlighted by 6 bps of NIM expansion, improving credit trends, flat LQ operating expenses and 8% annualized loan growth. The decline in deposits is reportedly seasonal in nature and does not cause us concern at this point given core deposits (non- CDs) of 85%. We would expect a favorable view by the street with an eye toward more clarity on loan pipelines, NIM trends and the ongoing regulatory overhang. Currently, BXS trades 15.8x 2018 EPS and 2.0x TBV vs. peers at 15.2x/2.1x." (7/20/2017)
- 3. Stephens analysts commented, "We think shares will react favorably to the effective raise in the midpoint of EPS guidance for 2017." (4/19/2017)
Who are some of BancorpSouth's key competitors?
Some companies that are related to BancorpSouth include PacWest Bancorp (PACW), Synovus Financial Corp. (SNV), Webster Financial Corporation (WBS), City National Corp (CYN), First Citizens BancShares (FCNCA), Wintrust Financial Corporation (WTFC), Umpqua Holdings Corporation (UMPQ), First Horizon National Corporation (FHN), TFS Financial Corporation (TFSL), United Bankshares (UBSI), BBVA Banco Frances S.A. (BFR), Popular (BPOP), Ita? CorpBanca (ITCB), Grupo Aval Acciones y Valores S.A. (AVAL), Valley National Bancorp (VLY), Washington Federal (WAFD), TCF Financial Corporation (TCF) and TCF Financial (TCF).
Who are BancorpSouth's key executives?
BancorpSouth's management team includes the folowing people:
- James D. Rollins III, Chairman of the Board, Chief Executive Officer
- Chris A. Bagley, President and Chief Operating Officer
- John G. Copeland, Senior Executive Vice President, Chief Financial Officer and Treasurer of the Company and the Bank
- Cathy S. Freeman, Senior Executive Vice President and Chief Administrative Officer
- Jeffrey W. Jaggers, Senior Executive Vice President, Chief Information Officer
- Charles J. Pignuolo, Senior Executive Vice President, General Counsel
- James Ronald Hodges, Senior Executive Vice President and Chief Credit Officer
- Gus J. Blass III, Independent Director
- Shannon A. Brown, Independent Director
- James E. Campbell III, Independent Director
Who owns BancorpSouth stock?
BancorpSouth's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (2.05%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.03%), APG Asset Management N.V. (0.02%) and Oakbrook Investments LLC (0.01%). Company insiders that own BancorpSouth stock include James Elbert Campbell III, James Ronald Hodges, William James Threadgill Jr and William L Prater. View Institutional Ownership Trends for BancorpSouth.
Who sold BancorpSouth stock? Who is selling BancorpSouth stock?
BancorpSouth's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and State Treasurer State of Michigan. Company insiders that have sold BancorpSouth stock in the last year include William James Threadgill Jr and William L Prater. View Insider Buying and Selling for BancorpSouth.
Who bought BancorpSouth stock? Who is buying BancorpSouth stock?
BancorpSouth's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Oakbrook Investments LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for BancorpSouth.
How do I buy BancorpSouth stock?
Shares of BancorpSouth can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BancorpSouth's stock price today?
MarketBeat Community Rating for BancorpSouth (NYSE BXS)MarketBeat's community ratings are surveys of what our community members think about BancorpSouth and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of BancorpSouth stock can currently be purchased for approximately $32.35.
Consensus Ratings for BancorpSouth (NYSE:BXS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||7 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.13)|
|Consensus Price Target: ||$32.80 (1.39% upside)|Consensus Price Target History for BancorpSouth (NYSE:BXS)
Analysts' Ratings History for BancorpSouth (NYSE:BXS)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$33.00||N/A|
|10/20/2017||Brean Capital||Reiterated Rating||Hold||N/A|
|10/12/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$32.00||N/A|
|10/5/2017||Piper Jaffray Companies||Reiterated Rating||Neutral -> Neutral||$31.00||N/A|
|8/11/2017||Jefferies Group LLC||Reiterated Rating||Hold||$33.00||Medium|
|7/27/2017||Stephens||Set Price Target||Buy||$35.00||Medium|
|2/2/2017||JMP Securities||Initiated Coverage||Market Perform||N/A|
|12/22/2016||Raymond James Financial, Inc.||Upgrade||Underperform -> Market Perform||N/A|
|7/22/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$24.00||N/A|
|7/9/2016||FBR & Co||Reiterated Rating||Buy||N/A|
|4/22/2016||Hovde Group||Boost Price Target||Market Perform||$21.50 -> $25.00||N/A|
|10/29/2015||Morgan Stanley||Boost Price Target||$23.00 -> $24.00||N/A|
|10/23/2015||SunTrust Banks, Inc.||Lower Price Target||Neutral||$26.00||N/A|
Earnings History for BancorpSouth (NYSE:BXS)Earnings History by Quarter for BancorpSouth (NYSE BXS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/19/2017||Q3 2017||$0.42||$0.43||$191.32 million||$186.52 million||View||N/A|
|7/19/2017||Q2 2017||$0.40||$0.42||$187.78 million||$185.61 million||View||N/A|
|4/19/2017||Q1 2017||$0.38||$0.39||$186.40 million||$185.48 million||View||N/A|
|1/25/2017||Q416||$0.37||$0.40||$183.60 million||$188.35 million||View||N/A|
|10/19/2016||Q316||$0.40||$0.39||$193.14 million||$185.50 million||View||N/A|
|7/20/2016||Q216||$0.39||$0.39||$187.05 million||$182.00 million||View||N/A|
|4/20/2016||Q116||$0.37||$0.39||$184.90 million||$176.67 million||View||N/A|
|1/25/2016||Q415||$0.37||$0.33||$181.02 million||$178.62 million||View||Listen|
|10/19/2015||Q315||$0.37||$0.36||$183.78 million||$174.02 million||View||Listen|
|7/20/2015||Q215||$0.35||$0.41||$182.18 million||$181.62 million||View||N/A|
|4/20/2015||Q115||$0.33||$0.33||$178.80 million||$179.39 million||View||N/A|
|1/21/2015||Q414||$0.31||$0.30||$175.58 million||$169.96 million||View||N/A|
|10/20/2014||Q314||$0.33||$0.32||$178.76 million||$174.89 million||View||N/A|
|7/21/2014||Q214||$0.33||$0.33||$177.14 million||$172.92 million||View||Listen|
|4/21/2014||Q114||$0.30||$0.30||$172.47 million||$168.04 million||View||Listen|
|7/22/2013||Q2 2013||$0.22||$0.22||$170.53 million||View||Listen|
|4/22/2013||Q1 2013||$0.21||$0.22||$173.30 million||View||Listen|
|1/23/2013||Q4 2012||$0.24||$0.18||$175.13 million||View||N/A|
Earnings Estimates for BancorpSouth (NYSE:BXS)
2017 EPS Consensus Estimate: $1.62
2018 EPS Consensus Estimate: $1.92
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for BancorpSouth (NYSE:BXS)
|Most Recent Dividend:||10/2/2017|
|Dividend Growth:||74.50% (3 Year Average)|
|Payout Ratio:||33.94% (Trailing 12 Months of Earnings) |
33.73% (Based on This Year's Estimates)
29.47% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for BancorpSouth (NYSE BXS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for BancorpSouth (NYSE:BXS)
Insider Ownership Percentage: 2.63%Insider Trades by Quarter for BancorpSouth (NYSE:BXS)
Institutional Ownership Percentage: 65.24%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/18/2017||James Elbert Campbell III||Director||Buy||7,000||$28.93||$202,510.00|| |
|3/1/2017||William L Prater||Insider||Sell||10,000||$31.75||$317,500.00|| |
|2/23/2017||William James Threadgill Jr||Insider||Sell||4,246||$31.38||$133,239.48|| |
|2/13/2017||William L Prater||Insider||Sell||10,000||$30.75||$307,500.00|| |
|11/30/2016||William James Threadgill Jr||Insider||Sell||4,333||$28.72||$124,443.76|| |
|8/24/2016||James Ronald Hodges||Insider||Sell||103||$24.09||$2,481.27|| |
|8/22/2016||James Ronald Hodges||Insider||Sell||4,543||$24.01||$109,077.43|| |
|7/23/2015||Deborah M Cannon||Director||Buy||2,000||$26.28||$52,560.00|| |
|6/8/2015||Deborah M Cannon||Director||Buy||2,000||$25.20||$50,400.00|| |
|5/19/2015||Gordon Ray Lewis||VP||Sell||5,839||$24.98||$145,858.22|| |
|5/6/2015||Keith J Jackson||Director||Sell||1,180||$24.21||$28,567.80|| |
|4/29/2015||William L Prater||CFO||Sell||5,869||$24.60||$144,377.40|| |
|2/27/2015||William James Threadgill Jr||VP||Sell||4,473||$22.46||$100,463.58|| |
|2/26/2015||Cathy Smith Freeman||VP||Sell||1,263||$22.50||$28,417.50|| |
|2/25/2015||James Ronald Hodges||VP||Sell||1,382||$22.08||$30,514.56|| |
|8/29/2014||Chris A Bagley||COO||Buy||25,000||$21.15||$528,750.00|| |
|3/6/2014||James Virgil Kelley||COO||Sell||2,535||$25.00||$63,375.00|| |
|3/4/2014||Gordon Ray Lewis||EVP||Sell||6,240||$24.70||$154,128.00|| |
|2/28/2014||James Virgil Kelley||COO||Sell||4,680||$23.77||$111,243.60|| |
|2/27/2014||James Ronald Hodges||VP||Sell||1,047||$23.77||$24,887.19|| |
|2/14/2014||Gordon Ray Lewis||EVP||Sell||7,775||$23.76||$184,734.00|| |
|2/10/2014||James Ronald Hodges||VP||Sell||5,720||$23.12||$132,246.40|| |
|1/27/2014||Cathy Smith Freeman||EVP||Sell||6,844||$24.65||$168,704.60|| |
|1/27/2014||James Virgil Kelley||COO||Sell||17,863||$24.56||$438,715.28|| |
|1/27/2014||Thomas Holmes Turner||Director||Buy||15,592||$24.43||$380,912.56|| |
|2/26/2013||James D Rollins III||CEO||Buy||57,100||$14.61||$834,231.00|| |
Headline Trends for BancorpSouth (NYSE:BXS)
Latest Headlines for BancorpSouth (NYSE:BXS)
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BancorpSouth (BXS) Chart for Sunday, October, 22, 2017