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Tag Archives: finance

Multistate lottery games start in Mississippi on Jan. 30

The new Mississippi Lottery will start offering multistate games on Jan. 30. The state’s lottery corporation on Tuesday announced the date that Powerball and Mega Millions will be available in Mississippi. The corporation said last week that the sale of scratch-off tickets for single-state games in Mississippi will begin Nov. 25. Mississippi has been one of six states without a lottery, but ...

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Renasant posts $37.4 millon in third-quarter earnings

TUPELO • Renasant Corp., the parent company of Renasant Bank, reported third-quarter net income of $37.4 million, or 64 cents per share. That compares to $32 million, or 61 cents per share, a year ago. Renasant’s revenue for the third quarter was $146.78 million, an increase of 6.7 percent. Net income for the first nine months of the year was $129.2 ...

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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 ...

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Regions donates $150K to Canopy Children’s Solutions

The Regions Foundation, a nonprofit initiative of Regions Bank, on Wednesday announced a donation of $150,000 to Canopy Children’s Solutions — a nonprofit dedicated to providing innovative mental health, social and educational solutions to Mississippi’s most vulnerable children and youth. The Regions Foundation’s commitment will support two programs: » Canopy’s Autism Solutions, which offers early intervention and day school programs ...

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Citizens Holding Company completes merger with Charter Bank

Citizens Holding Company, the parent company of The Citizens Bank of Philadelphia announced today that it has completed its merger with Charter Bank, effective October 1, 2019. The combined company now has approximately $1.2 billion in total assets with 28 offices spread throughout Mississippi. “We are excited to have completed our merger with Charter Bank. This merger expands our presence ...

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BankPlus Corp. announces acquisition of State Capital Corp.

BankPlus Corp., the parent  of BankPlus, and State Capital Corp., the parent of State Bank & Trust Company have announced the signing of a definitive agreement under which BankPlus and State Capital will merge. Subject to the terms of the merger agreement, State Capital shareholders will receive shares of BancPlus’ common stock for each outstanding share of State Capital common ...

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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, ...

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2 Mississippi men ordered to pay restitution to bank

Two northeast Mississippi men have been ordered to pay hundreds of thousands of dollars in restitution to a bank following their convictions on fraud charges. U.S. District Judge Debra Brown in Greenville also sentenced 53-year-old Max Miller of Saltillo (sal-TIL’-oh) on Friday to 18 months in federal prison and ordered five years of supervised release for 52-year-old James “Pete” Nichols. ...

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US stocks are mixed as health care gains, tech drops

U.S. stocks gave a mixed performance in early trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having been bolstered in prior sessions by an easing of tensions in the U.S.-China trade war. Bond yields rose sharply after the ...

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AvidExchange buys Columbus-based financial payment provider BankTel Systems

BUSINESS TREND CHARLOTTE, N.C. –  AvidXchange, the leading provider of accounts payable and payment automation solutions for the middle market, will acquire Columbus, Mississippi-based BankTEL Systems, a provider of accounting solutions to more than 20 percent of banks across the U.S. Terms of the deal were not disclosed. Through this acquisition, AvidXchange becomes the dominant provider of invoice-to-payment solutions for ...

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