Mississippi Business Journal » profit

Real estate firm sees earnings, revenue rise while debt falls

Associated Press — Mon, 22 Apr 2013 12:46:03 +0000

JACKSON — EastGroup Properties’ profit rose in the first quarter as revenues rose and debt payments fell. The real estate investment trust said quarterly profit rose 32 percent to $7.2 million, or 24 cents per share in the three months ended March 31. That’s up from $5.4 million, or 19 cents per share, in 2012′s [...]

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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, [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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Renasant Corp. reports stronger third quarter

Associated Press — Wed, 17 Oct 2012 18:22:56 +0000

TUPELO — Renasant Corp. said profit in 2012′s third quarter rose 8 percent from the same three months of 2011, as the bank set aside less to cover bad loans and made lower interest payments to savers. Renasant said it posted quarterly profit of $7.04 million, or 28 cents per share, up from $6.53 million [...]

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Weather, industrial sales boost TVA’s quarterly numbers

MBJ Staff — Fri, 03 Aug 2012 15:06:54 +0000

NORTH MISSISSIPPI — Weather and higher sales to industrial customers improved the Tennessee Valley Authority’s (TVA’s) financial performance in the three months ended June 30, the utility said today in its quarterly report to the Securities and Exchange Commission. Warm temperatures across the Tennessee Valley during the period from April through June of 2012, including [...]

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Hancock Holding sees post-merger earnings soar

Associated Press — Fri, 27 Jul 2012 22:27:28 +0000

GOLFPORT — Hancock Holding Co. says profit in 2012′s second quarter more than doubled from the first quarter, as merger expenses dropped sharply. The regional bank posted profit of $39.3 million, or 46 cents per share. That’s up from $18.5 million, or 21 cents per share in 2012′s first quarter. Hancock took over Whitney National [...]

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Trustmark reports earnings fell during second quarter

Associated Press — Wed, 25 Jul 2012 16:13:55 +0000

JACKSON — Trustmark Corp. says profit in 2012′s second quarter fell 2.7 percent from the same three months of 2011, as expenses rose and noninterest income fell at the regional bank. The bank said yesterday it posted quarterly profit of $29.3 million, or 45 cents per share, down from $31.6 million, or 49 cents per [...]

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