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Tag Archives: OREO

Strong mortgage lending boosts BancorpSouth Q4 earnings

Tupelo’s BancorpSouth closed the final quarter of 2012 with net income of $17 million and earnings of 18 cents s share, a two-penny increase over the same quarter a year ago. BancorpSouth attributed its 4th quarter showing to stronger mortgage lending and improved asset management, particularly in the disposal of Real Estate Owned properties. However, the fourth quarter earnings failed ...

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