Posts Tagged ‘BancorpSouth’

BancorpSouth rebounds further into the black

by Ted Carter Published: February 6,2011

Tags: Aubrey Patterson, BancorpSouth

A balance sheet that saw a significant decline in provision for credit losses helped Tupelo-based regional bank BancorpSouth achieve fourth quarter net income of $15.8 million, or $0.19 per diluted share, beating the analysts’ consensus estimate by 2 cents. Shareholders, however, saw their dividend chopped in half, going from 22 cents in the third quarter […] [...]

Lindsey named to magazine’s board

by MBJ Staff Published: January 30,2011

Tags: BancorpSouth, Bank Systems & Technology, Michael Lindsey

Michael Lindsey, senior vice president of retail banking for BancorpSouth, is among a nationwide group of 11 senior bank executives selected to provide guidance to Bank Systems & Technology magazine, a leading financial services media brand. Lindsey is part of Bank Systems & Technology‘s newly-formed Reader Advisory Board who will provide insights on market trends […] [...]

Memphis Market

by Ted Carter Published: November 7,2010

Tags: Aubrey Patterson, BancorpSouth, Gregg Cowsert, Kevin Reynolds

BancorpSouth’s Memphis borrowers stayed solvent longer, delaying in loan repairs Regional bank BancorpSouth attributes much of the earnings pain it is enduring today to high-quality big-money borrowers in metro Memphis who ran out of money later in the real estate bust than did others. “Because of borrowers we were dealing with, we dealt with issues in […] [...]

BancorpSouth 3Q profit down, but beats forecasts

by Associated Press Published: October 26,2010

Tags: BancorpSouth

TUPELO — Regional banker BancorpSouth Inc. watched its third-quarter earnings drop 47 percent as troubled loans grew, but the profit still handily beat analysts’ forecasts, the company reported. For the July-through-September period, BancorpSouth earned $11.3 million, or 13 cents per share, compared with year-ago earnings in the third quarter of $21.5 million, or 26 cents […] [...]

Dugo promoted to V.P. at BancorpSouth

by MBJ Staff Published: October 3,2010

Tags: Addy Dugo, BancorpSouth

Addy Dugo has been promoted to vice president of the downtown Jackson office of BancorpSouth. She has been with BancorpSouth for six years. Dugo is a native of Jackson. She obtained a bachelor’s degree in business administration in Brazil and a master’s degree in business administration at the University of Southern Mississippi. She has also […] [...]

Hayman elevated at BancorpSouth

by MBJ Staff Published: September 19,2010

Tags: BancorpSouth, Chris Hayman

Chris Hayman has been promoted to mortgage loan officer at BancorpSouth’s Grenada location. Hayman began his career with the bank as a teller in Oxford before becoming a loan representative. Originally from Leland, he holds a bachelor’s degree in business from the University of Mississippi in Oxford. [...]

FDIC report: State banks under increasing strain

by Ted Carter Published: September 5,2010

Tags: Aubrey Patterson, BancorpSouth

Second quarter numbers show diminishing loan values and a decline in property and building values Second quarter statistics released last Tuesday by the Federal Deposit Insurance Corporation show the increasing strain Mississippi banks are under to set aside money to cover possible loan losses. Banks across the state are sinking tens of millions of dollars […] [...]

BancorpSouth in acquiring mode

by Ted Carter Published: August 22,2010

Tags: acquiring mode, Aubrey Patterson, BancorpSouth, Banking & Finance, CEO

CEO Patterson tells annual bank conference in Chicago, ‘We are an experienced and proven acquirer.’ BancorpSouth Bank is on the hunt for banks to buy and expects to be a regional leader in acquiring “fatigued” community banks over at least the next 12 to 18 months. BancorpSouth chairman and CEO Aubrey Patterson made note of […] [...]

Nipper heading UA alumni board

by MBJ Staff Published: July 18,2010

Tags: BancorpSouth, Steve Nipper, University of Arkansas Alumni Association

Steve Nipper, community bank president of BancorpSouth in Magnolia, Ark., has taken the helm of the University of Arkansas Alumni Association board of directors for a two-year term. A Magnolia native, Nipper graduated from the University of Arkansas in 1971 with an undergraduate degree in finance and banking and a master’s degree in business administration. […] [...]

Neelly comes aboard at BancorpSouth

by MBJ Staff Published: July 18,2010

Tags: BancorpSouth, Ed Neelly, Tupelo

Ed Neelly has joined BancorpSouth as appraisal officer/loan administration at the bank’s Tupelo location. Neelly brings over 20 years appraisal and inspection experience to the bank. A native of Grenada, he holds a bachelor’s degree in political science from the University of Mississippi as well as extensive certification in real estate, appraisal and inspection. Neelly […] [...]

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