Mississippi Business Journal » financial statement

Entergy sees quarterly net income soar

Associated Press — Fri, 08 Feb 2013 16:11:37 +0000

NEW ORLEANS — Electric power company Entergy Corp.’s fourth-quarter net income nearly doubled helped by lower income tax expenses. The New Orleans-based utility earned $296.3 million, or $1.66 per share, in the three months ended Dec. 31, up from $154.1 million, or 87 cents per share, in the same quarter last year. Excluding one-time items, [...]

The post Entergy sees quarterly net income soar appeared first on Mississippi Business Journal.

Utility’s earnings up, but expansion and hiring delayed

MBJ Staff — Thu, 31 Jan 2013 14:49:54 +0000

ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, [...]

The post Utility’s earnings up, but expansion and hiring delayed appeared first on Mississippi Business Journal.

The First reports best earnings year in history

MBJ Staff — Mon, 28 Jan 2013 14:21:21 +0000

HATTIESBURG — The First Bancshares Inc. (NASDAQ:FBMS) reports net income of $4,048,000 for the year ended Dec. 31, 2012, which exceeds the previous high of $3,823,000 set in 2007. Net income available to common shareholders increased to $3,624,000, or $1.16 per diluted share, a 43.3 percent increase from the $2,529,000, or $.82 per diluted share [...]

The post The First reports best earnings year in history appeared first on Mississippi Business Journal.

First M&F reports hefty jump in net income

MBJ Staff — Mon, 28 Jan 2013 14:08:58 +0000

KOSCUISKO — First M&F Corp. reported 2012 net income of $6.985 million as compared to a net income of $4.373 million for 2011, a 59.7 percent increase. Earnings allocated to common shareholders were $4.919 million, or $0.54 basic and diluted earnings per share, compared to earnings of $2.584 million, or $.28 basic and diluted earnings [...]

The post First M&F reports hefty jump in net income appeared first on Mississippi Business Journal.

Hancock’s fourth-quarter earnings hurt by loan sale

Associated Press — Fri, 25 Jan 2013 13:30:59 +0000

GULFPORT — Fourth-quarter profit rose for the parent of Hancock and Whitney banks as merger expenses eased, but it lost money on a loan sale. Hancock Holding Co. posted a profit of $47 million, or 54 cents per share. That’s 147 percent above $19 million, or 22 cents per share, in 2011′s fourth quarter. Analysts [...]

The post Hancock’s fourth-quarter earnings hurt by loan sale appeared first on Mississippi Business Journal.

Citizens reports decreased net income for quarter, year

MBJ Staff — Thu, 24 Jan 2013 13:38:10 +0000

PHILADELPHIA — Citizens Holding Company has released the results of operations for the quarter and year ended Dec. 31, 2012. Net income for the quarter was $1.740 million or $0.36 per share-basic and diluted, down from $1.786 million, or $0.37 per share-basic and diluted for the same quarter in 2011. Net interest income for the [...]

The post Citizens reports decreased net income for quarter, year appeared first on Mississippi Business Journal.

BancorpSouth saw 28% jump in earnings last quarter

Associated Press — Thu, 24 Jan 2013 12:20:30 +0000

TUPELO — BancorpSouth says profit in 2012′s fourth quarter rose 28 percent from the same three months of 2011, as mortgage fees remained high and the bank set aside less money for future loan losses. The bank said yesterday it posted a quarterly profit of $17 million, or 18 cents per share, up from $13.3 [...]

The post BancorpSouth saw 28% jump in earnings last quarter appeared first on Mississippi Business Journal.

Trustmark sees quarterly profits rise 14%

MBJ Staff — Wed, 23 Jan 2013 14:03:32 +0000

JACKSON — Regional bank Trustmark Corp. said profit in 2012′s fourth quarter rose 14 percent from the same three months of 2011, as bad loans fell and the bank made more from writing new mortgages. Trustmark said Tuesday it made a quarterly profit of $27.7 million, or 43 cents per share, up from $24.3 million, [...]

The post Trustmark sees quarterly profits rise 14% appeared first on Mississippi Business Journal.

Entergy expects quarterly earnings to rise significantly

MBJ Staff — Wed, 23 Jan 2013 13:57:47 +0000

NEW ORLEANS — Entergy Corporation expects fourth quarter 2012 as-reported earnings of approximately $1.65 per share and operational earnings of approximately $1.71 per share. Results for fourth quarter 2011 were $0.87 per share on an as-reported basis and $0.94 per share on an operational basis. Entergy also affirmed previously issued operational earnings guidance for 2013. [...]

The post Entergy expects quarterly earnings to rise significantly appeared first on Mississippi Business Journal.

Renasant sees profits soar during fourth quarter

Associated Press — Wed, 16 Jan 2013 13:52:20 +0000

TUPELO — Regional bank Renasant Corp. said profit in 2012′s fourth quarter rose 26 percent from the same three months of 2011, as the bank set aside less to cover bad loans and paid savers less interest. Renasant said it made a quarterly profit of $7.28 million, or 29 cents per share, up from $5.79 [...]

The post Renasant sees profits soar during fourth quarter appeared first on Mississippi Business Journal.