BancorpSouth (BXS) Tops Q3 EPS by 16c
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BancorpSouth Announces Third Quarter 2020 Financial Results
October 19, 2020 4:30 PM EDTTUPELO, Miss., Oct. 19, 2020 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) (the "Company") today announced financial results for the quarter ended September 30, 2020.
Highlights for the third quarter of 2020 included:
Achieved record quarterly net income available to common shareholders of $71.5 million, or $0.69 per diluted common share, and record net operating income available to common shareholders excluding MSR of $71.2 million, or $0.69 per diluted common share. Recorded provision for credit losses of $15.0 million primarily as a result of the lengthening of the anticipated recovery time for certain economic factors included in the... More