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BancorpSouth (BXS) Tops Q2 EPS by 1c

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BancorpSouth Reports Record Quarterly Earnings

July 18, 2018 4:30 PM EDT

TUPELO, Miss., July 18, 2018 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) (the "Company") today announced financial results for the quarter ended June 30, 2018.

Highlights for the second quarter of 2018 included:

Record quarterly net income of $54.0 million, or $0.55 per diluted share, which represents an increase of 34 percent on a per share basis compared to the second quarter of 2017. Completed operational integration of Central Community Corporation merger and recorded corresponding merger-related expenses of $1.9 million for the second quarter. Net operating income excluding MSR of $55.6 million, or $0.56 per diluted share.... More