Home » Tag Archives: BancorpSouth

Tag Archives: BancorpSouth

BancorpSouth’s Rollins commits to CEO Action for Diversity & Inclusion

BancorpSouth Bank (NYSE: BXS) has joined the CEO Action for Diversity & Inclusion™, as a declaration of its commitment to cultivating a diverse and inclusive workplace. BancorpSouth Chairman and CEO Dan Rollins joins the more than 900 CEOs—across 85 industries—who have agreed to implement a pledge to advance diversity and inclusion and create workplaces where diverse perspectives and experiences are ...

Read More »

BancorpSouth posts record $234.3M profit for 2019

By DENNIS SEID / Daily Journal BancorpSouth Bank reported fourth-quarter net income of $65.8 million, or 63 cents per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share. The bank posted revenue of $278.5 million in the period. Its revenue net of interest ...

Read More »

BancorpSouth earns $63.8 million during third quarter

TUPELO • BancorpSouth Bank reported earnings for the third quarter of $63.8 million, or 63 cents a share. That compares to net income net income of $66.7 million, or 67 cents per share for the third quarter of 2018. For the quarter, the Tupelo-based bank had revenue off $242.03 million, a 13.2% increase compared to a year ago. Although earnings were ...

Read More »

BancorpSouth Bank to Acquire Texas First Bancshares, Inc.

BancorpSouth Bank announced today the signing of a definitive merger agreement with Texas First Bancshares, Inc., the parent company of Texas First State Bank (collectively referred to as “Texas First”), pursuant to which Texas First will be merged with and into BancorpSouth. Texas First, which was founded in 1906 in Riesel, Texas, operates six full-service banking offices in the Waco, ...

Read More »

BancorpSouth hires Jake Munn

BancorpSouth Bank announced that it has hired Jake Munn as president of Corporate Commercial and Industrial (C&I) and Syndications Lending to help the bank diversify its loan portfolio and build out its loan syndications operations. In his role, Munn will develop the bank’s upper-middle market and corporate C&I banking platform, to include increased expansion and penetration into the industrial, manufacturing, ...

Read More »

BancorpSouth to add 100 jobs in new expansion

By TAYLOR VANCE / Daily Journal TUPELO • BancorpSouth is investing $15 million in an expansion project at its Jackson Street Operations Campus that will add at least 100 full-time jobs. The company is expected to release the full details of the expansion at a groundbreaking ceremony today. The expansion will help the city help secure a Development Infrastructure Program grant ...

Read More »

Rolling with Rollins: BancorpSouth boosts investment, employment in Tupelo

By DENNIS SEID / Daily Journal TUPELO • Nearly seven years ago, Dan Rollins was tapped to lead BancorpSouth. The Texan was chosen to fill the shoes of longtime chief executive Aubrey Patterson, who spent four decades with the company. Rollins took over a bank that had stalled a bit in its growth plans, but the last two years have seen ...

Read More »

BancorpSouth earns $53.1 million in second quarter

TUPELO • BancorpSouth reported net income of $53.1 million, or 53 cents per share, for the second quarter of 2019, compared to $54 million, or 55 cents per share, for the same period a year earlier. The company’s revenue for the quarter was $226.35 million, an increase of 5.5% but $9.56 million below some analysts’ projections. Highlights for the second ...

Read More »

BancorpSouth moving closer to $20B with two more mergers

By DENNIS SEID / Daily Journal TUPELO • BancorpSouth Bank is getting closer to becoming a $20 billion bank, announcing Wednesday it was expanding its presence in Texas and Florida. The Tupelo-based bank said it was acquiring Van Alstyne Financial Corp., the parent company of Texas Star Bank, and Summit Financial Enterprises Inc., the parent company of Summit Bank. The ...

Read More »

BancorpSouth promotes Telford Lindsay and Jennifer Morgan

BancorpSouth Bank recently announced the promotions of Telford Lindsay to first vice president and Jennifer Morgan to bank officer in BancorpSouth Equipment Finance and Leasing, which provides equipment financing for commercial markets and municipalities across the Southeast and parts of the Midwest. Lindsay joined BancorpSouth Equipment Finance in 2014 and most recently served as vice president. He is responsible for ...

Read More »