BancorpSouth (BXS) Tops Q1 EPS by 2c
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BancorpSouth Reports Record Quarterly Earnings
April 18, 2018 4:30 PM EDTTUPELO, Miss., April 18, 2018 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) (the "Company") today announced financial results for the quarter ended March 31, 2018.
Highlights for the first quarter of 2018 included:
Record quarterly net income of $53.5 million, or $0.54 per diluted share; represents an increase of 32 percent on a per share basis compared to both the first and fourth quarters of 2017. Completed acquisitions of Central Community Corporation and Ouachita Bancshares Corp. effective January 15, 2018; recorded merger-related expenses of $5.7 million for the first quarter. Earnings benefitted from a positive pre-tax mortgage servicing rights... More