Posts Tagged ‘profit’

BancorpSouth’s profits rise after cutting costs, bad loans

TUPELO — Regional bank BancorpSouth Corp. cut costs and bad loans in 2013′s third quarter, as profit increased by 4 percent from the same three months of 2012. BancorpSouth posted quarterly profit of $24.9 million, or 26 cents per share yesterday. That’s up from $23.8 million or 25 cents per share in 2012′s third quarter. […] [...]

EastGroup reports increase in revenue, profit

JACKSON — More tenants are renting industrial space from landlord EastGroup Properties, pushing up revenue and profit in the third quarter. The company said quarterly profit rose 24 percent to $8.4 million, or 28 cents per share, in the three months that ended September 30. That’s up from $6.8 million, or 23 cents per share, […] [...]

Hospital continues to operate in black after big losses

PHILADELPHIA — Neshoba County General Hospital and Nursing Home generated a profit of $3.5 million profit during fiscal 2012 after a $213,575 profit the previous year, according to audited financial statements. The Neshoba Democrat reports the hospital had a loss of $1.9 million in 2010. Hospital administrator Lonnie Graeber said overall expenses were reduced by […] [...]

Cal-Maine’s bottom line impacted by antitrust settlement

JACKSON — Cal-Maine Foods Inc., for the fourth quarter of fiscal 2013, saw net sales of $325.9 million compared with net sales of $275.2 million for the fourth quarter a year ago. The egg company reported a net loss of $3.8 million, or $0.16 per basic share, for the fourth quarter of fiscal 2013 compared […] [...]

Renasant sees quarterly earnings jump

TUPELO — Regional bank Renasant Corp.’s profit rose 26 percent in 2013′s second quarter from the same three months of 2012, as it set aside less for bad loans and increased interest earnings. Renasant said today it posted quarterly profit of $8.02 million, or 32 cents per share, up from $6.35 million or 25 cents […] [...]

Real estate firm sees earnings, revenue rise while debt falls

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 […] [...]

Utility’s earnings up, but expansion and hiring delayed

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 First reports best earnings year in history

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 […] [...]

Citizens reports decreased net income for quarter, year

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 […] [...]

BancorpSouth saw 28% jump in earnings last quarter

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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