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Tag Archives: Bancoprsouth

BancorpSouth to pay $146 million to acquire Texas bank

 BancorpSouth announced Thursday that it will pay $146 million in stock and cash to buy a Texas bank. Tupelo-based bank would buy Icon Capital Corp, whose Icon Bank has seven offices and $794 million in assets in the Houston area.BancorpSouth will pay stock valued at $128.3 million, plus $17.5 million in cash. The move will more than double BancorpSouth’s presence ...

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BancorpSouth reports record earnings of $53.5M

TUPELO – BancorpSouth on Wednesday reported record earnings for the first quarter, with $53.5 million, or 54 cents per share. That compares to $38.1 million, or 41 cents per share, a year earlier. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. BancorpSouth posted ...

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Report: BancorpSouth offering early retirements

Arkansas Business is reporting today that Tupelo-based regional banking company BancorpSouth Inc. is asking for voluntary early retirements for some of its workers. The article says the Tupelo-based financial holding company and parent of BancorpSouth Bank is making the offers to those 60 and over and with 10 consecutive years of experience with the company. Arkansas Business also quoted a ...

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