BancorpSouth Announces Third Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/29/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- BioNTech ends colorectal cancer mRNA therapy trial early
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Needham sees mature node semiconductor strength in latest tracker
BancorpSouth (BXS) Tops Q3 EPS by 16c
October 19, 2020 4:32 PM EDTBancorpSouth (NYSE: BXS) reported Q3 EPS of $0.69, $0.16 better than the analyst estimate of $0.53.
Highlights for the third quarter of 2020 included:
Achieved record quarterly net income available to common shareholders of $71.5 million, or $0.69 per diluted common share, and record net operating income available to common shareholders excluding MSR of $71.2 million, or $0.69 per diluted common share.Recorded provision for credit losses of $15.0 million primarily as a result of the lengthening of the anticipated recovery time for certain economic factors included in the Company's allowance for credit losses methodology associated with the coronavirus ("COVID-19") pandemic;... More