BancorpSouth (BXS) announced its most recent quarterly financial results on Wednesday, Oct-19-2016. BXS reported $0.40 EPS for the quarter. Analysts had a consensus estimate of $0.40. The company posted revenue of $185.50 million in the period, compared to analysts expectations of $189.94 million. BXS’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.
BancorpSouth opened for trading at $22.78 and hit $22.99 on the upside on Friday, eventually ending the session at $22.66, with a gain of 1.07% or 0.24 points. The heightened volatility saw the trading volume jump to 6,73,034 shares. Company has a market cap of $2,143 M.
In a different news, on Aug 25, 2016, James Ronald Hodges (Senior Executive VP) sold 103 shares at $24.09 per share price. According to the SEC, on Aug 22, 2016, William James Jr Threadgill (Senior Executive VP) sold 591 shares at $23.95 per share price. On Nov 9, 2015, Cathy Smith Freeman (Senior Executive VP) sold 955 shares at $26.50 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.