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 [...] [...]
The last Mississippi company to go public was The First Bancshares Inc. in 1996. Only four Mississippi-based companies have gone public since 1950. And since the 1990s, the number of public companies in Mississippi has dropped a significant amount. Experts say the reason more companies in Mississippi and elsewhere in the country aren’t going public [...] [...]
In late June, a trial wrapped up in Hinds County Chancery Court in which Trustmark National Bank defended itself against allegations of mismanaging a trust account by doling out $1.7 million in improper payments to one of its beneficiaries. It’s one of three active cases the Mississippi Business Journal was able to confirm that featured [...] [...]
Joe Sanderson Jr. (Sanderson Farms Inc.) $1,213,152 Aubrey Patterson (BancorpSouth) $803,088 Richard Hickson (Trustmark Corporation, ret.) $750,000 Steven Rogers (Parkway Properties Inc.) $544,000 David Hoster (EastGroup Properties Inc.) $525,000 Fred Callon (Callon Petroleum) $464,520 Carl Chaney/John Hairston (Hancock Bank) $432,000 E. Robinson McGraw (Renasant Bank) $410,000 Hugh Potts (First M&F Corporation) $288,750 Chevis Swetman (Peoples [...] [...]
Parkway stocks are trading at $19, up from a low of $9, a sign, it says, of better times to come Mississippi’s two publically-traded real estate companies, Parkway Properties and EastGroup Properties, can see the light at the end of the recession’s tunnel, executives at both companies say. “If you look at the meltdown that [...] [...]
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