BancorpSouth, Inc. Declares Quarterly Dividend

October 28, 2009 6:31 PM EDT

TUPELO, Miss., Oct. 28 /PRNewswire-FirstCall/ -- At their regular quarterly meeting on October 28, 2009, the Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.22 per common share. The dividend is payable January 1, 2010 to shareholders of record at the close of business on December 15, 2009.

BancorpSouth previously reported net income of $21.5 million or $0.26 per diluted share for the third quarter of 2009. Net income for the nine months ended September 30, 2009 was $84.9 million or $1.02 per diluted share.

BancorpSouth, Inc. is a financial holding company headquartered in Tupelo, Mississippi, with approximately $13.3 billion in assets. BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc., operates approximately 314 commercial banking, mortgage, insurance, trust and broker/dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas. BancorpSouth Bank also operates an insurance location in Illinois.

SOURCE BancorpSouth, Inc.


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