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BancorpSouth Announces Second Quarter 2021 Results

BancorpSouth Announces Second Quarter 2021 Results
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United statesRound rockDan rollinsCommunity commitmentCompany the cadence mergerCompany current reports on formCompany or cadenceBoards of directors the companyCompany quarterly reports on formBancorpsouth bankCompany annual report on formNational united bancshares incNational unitedPaycheck protection programDeposit insurance corporationCadence bank

BancorpSouth Announces Second Quarter 2021 Results

BancorpSouth Announces First Quarter 2021 Results

BancorpSouth Announces First Quarter 2021 Results News provided by Share this article Share this article TUPELO, Miss., April 21, 2021 /PRNewswire/ BancorpSouth Bank (NYSE: BXS) (the Company ) today announced financial results for the quarter ended March 31, 2021. Highlights for the first quarter of 2021 included: Achieved record quarterly net income available to common shareholders of $79.2 million, or $0.77 per diluted common share, and record net operating income available to common shareholders – excluding MSR – of $74.8 million, or $0.73 per diluted common share. Generated $99.1 million in pre-tax pre-provision net revenue (PPNR), or 1.64 percent of average assets on an annualized basis. Credit quality indicators improved as evidenced by no recorded provision for credit losses for the quarter and a decline of $21.9 million, or 16.5 percent, in total non-performing assets.

United statesRound rockDan rollinsCommunity commitmentCompany the cadence mergerCompany current reports on formCompany or cadenceBoards of directors the companyCompany quarterly reports on formNational united merger agreementBancorpsouth bankCompany annual report on formNational united bancshares incNational unitedPaycheck protection programCompany the national united merger

Business briefcase: Temple rue21 store adds plus size fashion

Specialty retailer rue21 announced that 36 stores, including the Temple Towne Center location at 2112 SW HK Dodgen Loop, will add plus-size fashion. With the Temple conversion, the retailerâs XS-4X clothing will be available in 444 stores, making the retailer one of the few to offer teenage girls and young women an inclusive shopping experience, according to a news release. In addition, the retailer announced it will increase plus-size fashion assortments for the back-to-school season. âWe care about our customers and believe that our brand plays a key role in their life when it comes to promoting body positivity and inclusivity â this is part of rue21âs DNA,â Catherine Morisano, rue21âs chief merchandising officer, said in a statement. âThatâs why when our pandemic growth put us in the enviable position to reinvest, we doubled down on the plus business segment, and recruited top talent to support our goals to give more trend-focused fashion

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Bancorp South receives regulatory approval of its mergers with National United Bancshares, Inc and FNS Bancshares, Inc

BancorpSouth Bank (NYSE: BXS) (âBancorpSouthâ) announced it has received regulatory approval from the Federal Deposit Insurance Corporation to complete its proposed mergers with National United Bancshares, Inc., the parent company of National United, (collectively referred to as National United ), and with FNS Bancshares, Inc. (OTCQX: FNSB), the parent company of FNB Bank, (collectively referred to as FNS ). The mergers are currently anticipated to close on May 1, 2021, subject to the satisfaction of customary closing conditions. As of Dec. 31, 2021, National United and FNS collectively reported total assets of $1.5 billion, total loans of $930 million and total deposits of $1.4 billion. âWeâre pleased to receive regulatory approval for our mergers with National United and FNS,â said BancorpSouth Chairman and CEO Dan Rollins. âBoth companies are trusted financial institutions that have been serving their respective communities for more than 100 years

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