BancorpSouth (BXS) Releases Earnings Results, Reports EPS of $0.39 EPS

BancorpSouth (BXS) reported quarterly earnings results on Wednesday, Jul-20-2016. The company reported $0.39 EPS for the quarter. Analysts had a consensus estimate of $0.39. Analysts expectations of $186.79 million. During the same quarter in the previous year, the company posted $0.41 EPS.

Many Wall Street Analysts have commented on BancorpSouth. BancorpSouth was Upgraded by Keefe Bruyette to ” Outperform” on Jun 30, 2016. Company shares were Reiterated by Hovde Group on Apr 22, 2016 to “Market Perform”, Firm has raised the Price Target to $ 25 from a previous price target of $21.50 .Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 26 from a previous price target of $25 .

BancorpSouth closed down -0.2 points or -0.83% at $23.79 with 4,28,683 shares getting traded on Monday. Post opening the session at $23.96, the shares hit an intraday low of $23.775 and an intraday high of $24.09 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Nov 9, 2015, Cathy Smith Freeman (Senior Executive VP) sold 955 shares at $26.50 per share price. According to the SEC, on Nov 9, 2015, William James Jr Threadgill (Senior Executive VP) sold 928 shares at $26.19 per share price. On Oct 27, 2015, William L. Prater (Senior Executive VP & CFO) sold 27 shares at $24.73 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Mississippi Tennessee Alabama Arkansas Texas Louisiana Florida Missouri and Illinois. The Bank and its subsidiaries provide a range of financial services to individuals and small-to-medium size businesses. The Bank operates an insurance agency subsidiary which engages in sales of insurance products. The Bank’s wealth management department offers a range of services including investment brokerage services personal trust and estate services certain employee benefit accounts and plans including individual retirement accounts and limited corporate trust functions. Its lending activities include both commercial and consumer loans. Deposits include noninterest bearing demand deposits interest bearing demand deposits savings and other time deposits.


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