BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. It offers various deposit products, including interest and noninterest bearing demand deposits, and saving and other time deposits. The company also provides commercial loans, including term loans, lines of credit, equipment and receivable financing, and agricultural loans; a range of short-to-medium term secured and unsecured commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential subdivisions. In addition, it offers fixed and adjustable rate residential mortgage loans secured by owner-occupied property; residential construction loans; second mortgage loans; and home equity lines of credit, as well as non-residential consumer loans that consist of automobile, recreation vehicle, boat, personal, and deposit account secured loans, as well as issues credit cards. Further, the company operates as an agent for the sale of commercial lines of insurance; and a line of property and casualty, life, health, and employee benefits products and services. Additionally, it provides investment brokerage, and personal trust and estate services. As of April 25, 2018, the company operated through 279 full service branch locations, as well mortgage, insurance, and loan production offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. The company was formerly known as BancorpSouth, Inc. and changed its name to BancorpSouth Bank in October 2017. BancorpSouth Bank was founded in 1876 and is headquartered in Tupelo, Mississippi.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:BXS
CUSIP05969210
Phone662-680-2000
Debt
Debt-to-Equity Ratio0.02
Current Ratio0.85
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio20.24
Forward P/E Ratio15.07
P/E GrowthN/A
Sales & Book Value
Annual Sales$781.02 million
Price / Sales3.89
Cash Flow$1.9411 per share
Price / Cash17.31
Book Value$18.97 per share
Price / Book1.77
Profitability
EPS (Most Recent Fiscal Year)$1.67
Net Income$153.03 million
Net Margins20.58%
Return on Equity9.49%
Return on Assets1.09%
Miscellaneous
Employees3,998
Outstanding Shares90,330,000
Market Cap$3,012.51
Bancorpsouth Bank (NYSE:BXS) Frequently Asked Questions
What is Bancorpsouth Bank's stock symbol?
Bancorpsouth Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXS."
How often does Bancorpsouth Bank pay dividends? What is the dividend yield for Bancorpsouth Bank?
Bancorpsouth Bank declared a quarterly dividend on Wednesday, April 25th. Shareholders of record on Friday, June 15th will be given a dividend of $0.14 per share on Monday, July 2nd. This represents a $0.56 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Thursday, June 14th. View Bancorpsouth Bank's Dividend History.
How were Bancorpsouth Bank's earnings last quarter?
Bancorpsouth Bank (NYSE:BXS) announced its quarterly earnings results on Wednesday, April, 18th. The bank reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.02. The bank earned $217.01 million during the quarter, compared to the consensus estimate of $210.65 million. Bancorpsouth Bank had a net margin of 20.58% and a return on equity of 9.49%. During the same period in the prior year, the business earned $0.39 earnings per share. View Bancorpsouth Bank's Earnings History.
When is Bancorpsouth Bank's next earnings date?
What price target have analysts set for BXS?
8 brokers have issued 12 month price objectives for Bancorpsouth Bank's shares. Their predictions range from $32.00 to $37.00. On average, they anticipate Bancorpsouth Bank's share price to reach $34.7143 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Ratings for Bancorpsouth Bank.
What is the consensus analysts' recommendation for Bancorpsouth Bank?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancorpsouth Bank in the last year. There are currently 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Bancorpsouth Bank stock?
Here are some recent quotes from research analysts about Bancorpsouth Bank stock:
- 1. According to Zacks Investment Research, "Shares of BancorpSouth have underperformed the industry over the past six months. However, the company boasts an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. Estimates have been stable lately ahead of the company’s second quarter 2018 earnings release. 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. Recently, the company announced plans to acquire Icon Capital Corporation. However, volatile net interest margin and exposure towards risky loan portfolios remain major concerns for the company." (7/11/2018)
- 2. Brean Capital analysts commented, "BXS reported a positive start to the year, albeit with a number of moving parts, including the acquisition of Houston-based Icon Capital Corporation (~$800M in assets). For Q1, we calculate an operating EPS of $0.56 vs. Brean/consensus of $0.53/$0.52; however, excluding a positive $5.5M MSR valuation adjustment, we estimate an operating EPS of $0.52. We note there were a number of moving parts in the quarter, including an accounting change on insurance revenues and a forgery/theft loss that were offset by a lower-than-expected tax rate and elevated share repurchase activity. Q1 also included the closings of Central Community and Ouachita, which provided some noise. Overall, we view the quarter as a positive start to the year, highlighted by core NIM expansion, modest loan growth and strong credit results. In addition, the Icon Capital deal appears favorable (both financially and strategically) and could provide a positive catalyst to the shares. We expect questions around the Icon deal, operating expenses, deposit betas (BXS’ costs remain contained) and future growth prospects (previous commentary suggested mid-high single-digit organic loan growth). YTD, the shares have modestly underperformed the BANK at -2% vs. +1%, while the forward EPS multiple is in-line with peers at ~13.0x." (4/16/2018)
Who are some of Bancorpsouth Bank's key competitors?
Some companies that are related to Bancorpsouth Bank include East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), Hancock (HBHC), IBERIABANK (IBKC), Chemical Financial (CHFC) and Home Bancshares (HOMB).
Who are Bancorpsouth Bank's key executives?
Bancorpsouth Bank's management team includes the folowing people:
- Mr. James D. Rollins III, Chairman, CEO & Director (Age 59)
- Mr. Chris A. Bagley, Pres & COO (Age 57)
- Mr. John Gary Copeland, Sr. EVP, Treasurer & CFO (Age 65)
- Ms. Cathy S. Freeman, Sr. EVP, Chief Admin. Officer & Sec. (Age 52)
- Mr. Charles J. Pignuolo, Sr. EVP & Gen. Counsel (Age 62)
Has Bancorpsouth Bank been receiving favorable news coverage?
News coverage about BXS stock has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bancorpsouth Bank earned a coverage optimism score of 0.13 on Accern's scale. They also gave news coverage about the bank an impact score of 46.42 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Bancorpsouth Bank's major shareholders?
Bancorpsouth Bank's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.86%) and Bank of Montreal Can (0.01%). Company insiders that own Bancorpsouth Bank stock include James Elbert Campbell III, James Ronald Hodges, William James Threadgill Jr and William L Prater. View Institutional Ownership Trends for Bancorpsouth Bank.
Which institutional investors are selling Bancorpsouth Bank stock?
How do I buy shares of Bancorpsouth Bank?
Shares of BXS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bancorpsouth Bank's stock price today?
One share of BXS stock can currently be purchased for approximately $33.60.
How big of a company is Bancorpsouth Bank?
Bancorpsouth Bank has a market capitalization of $3.01 billion and generates $781.02 million in revenue each year. The bank earns $153.03 million in net income (profit) each year or $1.67 on an earnings per share basis. Bancorpsouth Bank employs 3,998 workers across the globe.
How can I contact Bancorpsouth Bank?
Bancorpsouth Bank's mailing address is ONE MISSISSIPPI PLAZA 201 SOUTH SPRING STREET, TUPELO MS, 38802-0789. The bank can be reached via phone at 662-680-2000 or via email at [email protected]
MarketBeat Community Rating for Bancorpsouth Bank (NYSE BXS)
MarketBeat's community ratings are surveys of what our community members think about Bancorpsouth Bank and other stocks. Vote "Outperform" if you believe BXS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BXS will underperform the S&P 500 over the long term. You may vote once every thirty days.
