BancorpSouth Reports Record Quarterly Earnings
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BancorpSouth (BXS) PT Lowered to $32 at RBC Capital
October 19, 2018 6:50 AM EDTRBC Capital analyst Jon G. Arfstrom lowered the price target on BancorpSouth (NYSE: BXS) to $32.00 (from $37.00) while maintaining a Sector Perform rating.
... MoreBancorpSouth (BXS) Reports In-Line Q3 EPS
October 17, 2018 4:34 PM EDTBancorpSouth (NYSE: BXS) reported Q3 EPS of $0.56, in-line with the analyst estimate of $0.56. Revenue for the quarter came in at $163.16 million versus the consensus estimate of $218.18 million.
Record quarterly net income of $66.7 million, or $0.67 per diluted share, which represents an increase of 56 percent on a per share basis compared with the third quarter of 2017.Recognized a one-time tax benefit of $11.3 million, or $0.11 per diluted share, as a result of a voluntary contribution to the Company\'s pension plan as well as a tax accounting method change related to the recognition of certain... More