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Tag Archives: early retirement

Bank sees modest rise in earnings after retirement buy-out

TUPELO — Regional bank BancorpSouth Corp. says profit in 2013’s second quarter rose less than 1 percent from the same three months of 2012, as an early-retirement buyout drove up costs. BancorpSouth posted quarterly profit of $20.8 million, or 22 cents per share Tuesday. That’s up from $20.6 million or 22 cents per share in 2012’s second quarter. Without a ...

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More than 200 employees take early retirement from BancorpSouth

TUPELO — BancorpSouth Inc. has released the final results of the company’s previously announced voluntary early retirement program, which was offered to certain employees as a part of ongoing efforts to improve efficiency and operating performance.  All responses were due, subject to applicable rescission rights, on or before May 23. Of the 418 employees who were eligible to participate in ...

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