BancorpSouth (BXS) Misses Q1 EPS by 8c
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BancorpSouth Announces First Quarter 2020 Financial Results
April 20, 2020 4:30 PM EDTTUPELO, Miss., April 20, 2020 /PRNewswire/ --Â BancorpSouth Bank (NYSE: BXS) (the "Company") today announced financial results for the quarter ended March 31, 2020.
Highlights for the first quarter of 2020 included:
Achieved quarterly net income available to common shareholders of $21.9 million, or $0.21 per diluted common share and net operating income available to common shareholders excluding MSR of $34.4 million, or $0.33 per diluted common share. Recorded provision for credit losses of $46.0 million primarily as a result of the impact of the coronavirus ("COVID-19") pandemic on the economic factors included in the Company's... More