BancorpSouth (BXS) Tops Q2 EPS by 6c
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BancorpSouth Announces Second Quarter 2015 Financial Results
July 20, 2015 4:37 PM EDTTUPELO, Miss., July 20, 2015 /PRNewswire/ -- BancorpSouth, Inc. (NYSE: BXS) today announced financial results for the quarter and six months ended June 30, 2015.
Highlights for the second quarter of 2015 included:
Net income of $39.7 million or $0.41 per diluted share. Net operating income of $39.7 million or $0.41 per diluted share. Generated net loan growth of $280.6 million, or 11.6 percent on an annualized basis. Elevated recoveries of previously charged-off loans, which resulted in net recoveries of $6.7 million, contributed to a negative provision for credit losses of $5.0 million. Mortgage lending revenue totaled $14.1... More