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Banking & Finance

HOPE Named Wall Street Journal Financial Inclusion Challenge finalist

HOPE (Hope Enterprise Corporation/Hope Credit Union) has been named a finalist in The Wall Street Journal Financial Inclusion Challenge for its work to bring opportunity to small towns in the Mississippi Delta. HOPE is one of three finalists from more than 120 entries in the first U.S. iteration of the Journal’s Financial Inclusion Challenge. A winner will be selected in ...

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Waycaster a steady hand leading Renasant

TUPELO – For the first time since the turn of the millennium, Renasant Corp. will have a new chief executive. On Tuesday, Mitch Waycaster steps into the role of chairman and CEO of the the financial holding company that is the parent of Renasant Bank. Robin McGraw, who announced a year ago that he would retire from those positions he’s ...

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Bostick named as Market President in Corinth

Renasant Bank is pleased to announce Reid Bostick has been promoted to Market President in Corinth. Bostick will be responsible for managing daily operations and loan portfolios for Renasant’s Corinth and Iuka markets. Bostick joined Renasant in 2011, having previously served as Banking Officer. Bostick is a graduate of Mississippi State University with a Bachelor of Business Administration and a ...

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Griffin promoted to First Vice President

Renasant Bank’s Loan Review Department has promoted Justin Griffin to First Vice President and Loan Review Officer. Griffin will continue his role in Loan Review, including, coordination with Audit Committee, monitoring internal loan risk, collecting action plans, and maintaining the department’s scheduling process. Griffin is a graduate of Mississippi State University with a Bachelor of Business Administration and a graduate ...

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COMMERCIAL FINANCE 701 — A LIBOR Update: Here comes SOFR!

  Following the sounding of LIBOR’s death knell last summer, a flurry of governmental and industry activity culminated in the selection of SOFR as a replacement index rate for commercial loans.  Accordingly, a sequel of our August 2017 column “The Passing of LIBOR” is in order. London Interbank Offered Rate (LIBOR) Recall on July 27, 2017, the Brits prospectively announced ...

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Finkelberg ranked among top advisors by Barron’s and Forbes

Arty Finkelberg, CFA, CFP®, Senior Vice President – Investments at Raymond James & Associates, has been recognized by two national financial publications. Finkelberg was named to the Barron’s list of America’s Top 1,200 Financial Advisors. The 2018 list draws from all 50 states, plus the District of Columbia. It is the largest, most comprehensive annual advisor list circulated by Barron’s. ...

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McIntyre joins Renasant’s marketing team

Liz Lancaster McIntyre has joined Renasant Bank’s Corporate Marketing Department as Social Media Manager. McIntyre will be responsible for managing, improving, monitoring, and maintaining the marketing, messaging and branding experience for all of Renasant Bank’s social media channels. McIntyre is a 2011 graduate of Millsaps College with a B.A. in Communications. Prior to joining Renasant, McIntyre was Marketing Manager for ...

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Mark Smith joins Hancock Whitney as Director of Private Wealth Management

Longtime Southeast financial services executive Mark Christopher Smith recently joined Hancock Whitney Bank as Executive Vice President and Director of Private Wealth Management. Having earned the Certified Wealth Strategist designation from Cannon Financial Institute, the veteran banker will lead the high-net-worth teams within Hancock Whitney’s private wealth management group. Smith joined Hancock Whitney from BBVA Compass, where he spent 12 ...

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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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