BancorpSouth (BXS) Declares $0.14 Quarterly Dividend; 1.8% Yield
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BancorpSouth 2017 Annual Earnings Reach New Record; Declares Quarterly Dividend
January 24, 2018 4:30 PM ESTTUPELO, Miss., Jan. 24, 2018 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) (the "Company") today announced financial results for the quarter and year ended December 31, 2017.
Annual highlights for 2017 included:
Record net income of $153.0 million, or $1.67 per diluted share. Total operating expense declined $7.4 million compared to 2016. Net interest margin increased to 3.54 percent from 3.52 percent for 2016. Generated net loan growth of $244.4 million, or 2.3 percent. Reported total deposit growth of $227.5 million, or 1.9 percent. Net operating income excluding MSR of $152.0 million, or $1.66 per diluted share. Completed pending mergers with... More