Posts Tagged ‘Dan Rollins’

BancorpSouth’s efforts focused on remediating regulatory concerns

TUPELO — BancorpSouth Inc. saw its net income rise more than 15 percent to $28.8 million in the third quarter, as loans and insurance commission revenue increased. The company reports noninterest revenue was $69.3 million, up from $62.5 million for the year-ago period. Insurance commission revenue played a large role, rising from $23.8 million to […] [...]

BancorpSouth expands Tennessee footprint with Chattanooga office

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Chattanooga, Tennessee, expanding the bank’s presence into Southeast Tennessee. BancorpSouth’s loan production office is located in downtown Chattanooga at 631 Broad Street and features a team of local lending and support professionals. The office is part of BancorpSouth’s Tennessee Metro […] [...]

Two BancorpSouth mergers delayed by federal inquiries

TUPELO — BancorpSouth Inc. has extended its merger agreements with Ouachita Bancshares Corp. and Central Community Corporation. BancorpSouth, Ouachita Bancshares Corp. and Central Community Corporation have determined additional time will be required to obtain regulatory approvals and to satisfy closing conditions necessary to complete their respective mergers.  They have extended their respective merger agreements to […] [...]

BancorpSouth posts healthier quarterly profit

TUPELO — Regional bank BancorpSouth Corp. saw profit rise for the third quarter in a row, jumping 37 percent in 2014′s first quarter from the same three months in 2013. BancorpSouth posted quarterly profit yesterday of $28.4 million, or 30 cents per share. That’s up from $20.8 million or 22 cents per share in 2013′s […] [...]

BancorpSouth buying Louisiana-based insurance firm

TUPELO — BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, has, signed a definitive agreement to acquire the assets of Lafayette, La.-based Knox Insurance Group, LLC. The transaction is expected to close immediately.  Financial terms of the pending transaction were not disclosed. “The Knox acquisition gives us an opportunity to meaningfully expand our market […] [...]

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders […] [...]

BancorpSouth merging with La. bank in stock/cash deal

TUPELO — BancorpSouth Inc. has signed a definitive merger agreement with Ouachita Bancshares Corp. and its wholly owned subsidiary, Ouachita Independent Bank (OIB) headquartered in Monroe, La., whereby Ouachita Bancshares Corp. will be merged with and into BancorpSouth, Inc. OIB operates 12 full-service banking offices; six in the Monroe-West Monroe, La., area, four in the […] [...]

Weather has MEC’s annual Hobnob Mississippi moving to the Mississippi Coliseum

JACKSON — Because of inclement weather conditions expected on Thursday, the Mississippi Economic Council’s 12th Annual Hobnob Mississippi will be held at the Mississippi Coliseum in Jackson. “The good news is The Coliseum floor footprint is actually even a little larger than our tent — and there is still plenty of room in the wings […] [...]

BancorpSouth increases dividend for first time in two years

TUPELO — The BancorpSouth Inc. board of directors has declared a quarterly cash dividend of $0.05 per common share, which is a $0.04 per share or 400 percent increase over the company’s previous quarterly dividend payment of $0.01 per common share. The dividend is payable Oct. 1 to shareholders of record at the close of […] [...]

BancorpSouth CEO credits decades of leadership, innovation to bank’s 135-year history

by Published: April 12,2013

Tags: BancorpSouth, banking, Dan Rollins, Public Companies

From a humble beginning as a small bank in a hardware store in Verona, BancorpSouth has grown into a regional financial holding company with $13.4 billion in assets and is listed on the New York Stock Exchange. The Mississippi company began trading under the symbol BOMS on NASDAQ in 1985. Since 1997 it has traded […] [...]

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