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BancorpSouth Recognized By National Campaign Promoting Savings


BancorpSouth Recognized By National Campaign Promoting Savings
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TUPELO, Miss., April 29, 2021 /PRNewswire/  BancorpSouth Bank (NYSE: BXS) received the 2021 America Saves Designation of Savings Excellence for its seventh consecutive year of promoting better savings plans for customers.
The annual award recognizes financial institutions that go above and beyond to encourage people to save money. BancorpSouth and 11 other financial institutions are being recognized for their efforts to encourage individuals to open accounts and begin building wealth.
This past year has been financially difficult for many people across the country, said BancorpSouth Chairman and CEO Dan Rollins. We re so proud, now more than ever, to be a part of providing education and resources to our communities about the importance of saving. ....

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BancorpSouth earns record $79.2M in first quarter


In last year s first quarter, BancorpSouth earned $21 million, or 21 cents a share.
The results, reported Wednesday after the markets closed, exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.
BancorpSouth posted revenue of $280.7 million in the period. Revenue net of interest expense was $260.7 million, which also topped forecasts. Five analysts surveyed by Zacks expected $254.5 million.
BancorpSouth shares have climbed 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.64, a climb of 48% in the last 12 months.
The earnings report comes a week after BancorpSouth announced a merger agreement with Cadence Bancorporation (CADE), the parent company of Cadence Bank N.A. That pairing, expected to be completed by the end of the year, will create a $44 billion bank on a pro forma basis that will be the fifth largest bank headquar ....

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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) (“BancorpSouth”) 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.
“We’re pleased to receive regulatory approval for our mergers with National United and FNS,” said BancorpSouth Chairman and CEO Dan Rollins. “Both companies are trusted financial institutions that have been serving their respective communities for more than ....

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BancorpSouth Receives Regulatory Approval of its Mergers with National United Bancshares, Inc. and FNS Bancshares, Inc.


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TUPELO, Miss., April 7, 2021 /PRNewswire/  BancorpSouth Bank (NYSE: BXS) ( BancorpSouth ) 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 December 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. ....

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