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25 items- SECSEC Form 13F-HR filed by BancorpSouth Bank13F-HR - BancorpSouth Bank (0001299939) (Filer)
- PRBancorpSouth Bank and Cadence Bancorporation Complete Their MergerTUPELO, Miss. and HOUSTON, Oct. 29, 2021 /PRNewswire/ -- Cadence Bank (NYSE:CADE) today announced the successful closing of its previously announced merger in which legacy Cadence Bancorporation merged into BancorpSouth Bank, with BancorpSouth as the surviving company. Upon the completion of the merger, BancorpSouth was renamed Cadence Bank, and its stock will trade on the New York Stock Exchange under the symbol "CADE" beginning today. Through this transaction, Cadence is the sixth-largest bank headquartered in its nine-state footprint with $48 billion in assets, and a presence in eight of the top 10 largest metropolitan statistical areas therein. "With the completion of our merger, we're p
- PRBancorpSouth Bank Declares Quarterly Common and Preferred DividendTUPELO, Miss., Oct. 27, 2021 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth Bank (NYSE:BXS) (the company) declared a quarterly cash dividend of $0.20 per share of common stock. The common stock dividend is payable on January 3, 2022, to shareholders of record at the close of business on December 15, 2021. Subject to the satisfaction of customary closing conditions, the company expects to complete its pending merger with Cadence Bancorporation, the parent company of Cadence Bank N.A., effective October 29, 2021. Accordingly, legacy Cadence shareholders, who receive shares of company common stock in the merger and continue to hold such shares
- ANALYSTBancorpSouth upgraded by Keefe Bruyette with a new price targetKeefe Bruyette upgraded BancorpSouth from Mkt Perform to Outperform and set a new price target of $37.00 from $33.00 previously
- PRAvid Bioservices Set to Join S&P SmallCap 600NEW YORK, Oct. 25, 2021 /PRNewswire/ -- Avid Bioservices Inc. (NASD: CDMO) will replace Cadence Bancorporation (NYSE:CADE) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, October 29. S&P MidCap 400 constituent BancorpSouth Bank (NYSE:BXS) is acquiring Cadence Bancorporation in a deal expected to close on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector October 29, 2021 S&P SmallCap 600 Addition Avid Bioservices CDMO Health Care S&P SmallCap 600 Deletion Cadence Bancorporation CADE Financ
- PRBancorpSouth Announces Third Quarter 2021 ResultsTUPELO, Miss., Oct. 25, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) (the Company) today announced financial results for the quarter ended September 30, 2021. Highlights for the third quarter of 2021 included: Achieved quarterly net income available to common shareholders of $70.4 million, or $0.65 per diluted common share, and net operating income available to common shareholders – excluding MSR – of $73.3 million, or $0.68 per diluted common share. Generated $90.1 million in pre-tax pre-provision net revenue (PPNR), or 1.29 percent of average assets on an annualized basis. Generated organic total deposit and customer repo growth of $722.2 million for the quarter, or 12.2 percent on an
- PRBancorpSouth Bank and Cadence Bancorporation Receive Final Regulatory Approval for MergerTUPELO, Miss. and HOUSTON, Texas, Oct. 15, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) ("BancorpSouth") and Cadence Bancorporation (NYSE:CADE) ("Cadence"), the parent company of Cadence Bank, N.A., announced their proposed merger has received final Federal Deposit Insurance Corporation ("FDIC") approval. The FDIC approval follows recent approvals from the Mississippi Department of Banking and Consumer Finance and from shareholders of both companies. The merger, originally announced on April 12, 2021, is scheduled to close at 11:59 pm CDT on October 31, 2021, subject to the satisfaction of customary closing conditions. Upon closing, the merger will create the sixth-largest bank headquar
- PRThe First Agrees to Purchase Seven Cadence Bank BranchesThe First, A National Banking Association ("The First"), headquartered in Hattiesburg, Mississippi and subsidiary of The First Bancshares, Inc. (NASDAQ:FBMS) has entered into a definitive purchase agreement to acquire seven Cadence Bank, N.A. branches in Northeast Mississippi. Cadence Bank, N.A. is a subsidiary of Cadence Bancorporation (NYSE:CADE). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210902005796/en/ The divestiture of these branches is a result of the joint Letter of Agreement ("LOA") entered into between BancorpSouth Bank (NYSE:BXS) and Cadence with the United States Department of Justice's Antitrust Division ("DOJ"
- ANALYSTBancorpSouth Bank upgraded by Raymond James with a new price targetRaymond James upgraded BancorpSouth Bank from Outperform to Strong Buy and set a new price target of $36.00
- PRBancorpSouth Adds Six New HOPE Inside Locations and Commits Nearly $1.5 Million to Operation HOPE for Financial Literacy ProgramsTUPELO, Miss., Aug. 25, 2021 /PRNewswire/ -- Operation HOPE and BancorpSouth Bank (NYSE:BXS) are continuing their partnership with six additional HOPE Inside locations and the bank's investment of nearly $1.5 million over the next two years. HOPE Inside serves adults, youth, disaster survivors, and its partners' employees with financial dignity programming and coaching to equip them with the financial knowledge and tools to create a secure future. Headquartered in Tupelo, Mississippi, BancorpSouth has a longstanding commitment to financial literacy and inclusion. Because of its shared values with Operation HOPE and its support of HOPE Inside, underserved communities will receive financial ed
- SECSEC Form 13F-HR filed by BancorpSouth Bank13F-HR - BancorpSouth Bank (0001299939) (Filer)
- PRCadence Bancorporation Announces Shareholder Approval of Merger with BancorpSouth BankCadence Bancorporation (NYSE:CADE) today announced that, during a special meeting ("Special Meeting") of its shareholders held today, CADE shareholders voted to approve the previously announced merger agreement (the "Merger Agreement") entered into between the Company and BancorpSouth Bank (NYSE:BXS), under which the companies will combine in an all-stock merger with a total market value of more than $6 billion. The board of directors of both companies have previously approved the Merger Agreement. Of the shares of the Company's common stock issued and outstanding as of close of business on July 6, 2021, the record date for the Special Meeting, 104 million shares voted in favor of the Merg
- PRBancorpSouth Bank Shareholders Approve Merger with Cadence BancorporationTUPELO, Miss., Aug. 9, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) shareholders today voted to approve its merger with Cadence Bancorporation (NYSE:CADE), the parent company of Cadence Bank, N.A, during a special meeting of its shareholders. This is a critical step toward completing the previously announced merger, pursuant to which the companies will combine in an all-stock merger to create a company with a total market value of more than $6 billion and create a premier regional banking franchise across Texas and the Southeast. Both companies' boards of directors have previously approved the merger. The merger remains subject to the receipt of certain regulatory approvals and the s
- PRBancorpSouth Bank Announces Increase in Quarterly Common Dividend; Declares Preferred DividendTUPELO, Miss., July 28, 2021 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth Bank (NYSE:BXS) declared a quarterly cash dividend of $0.20 per share of common stock, which represents an increase of $0.01 per common share, or 5.3 percent, compared to its most recent dividend paid on July 1, 2021. The common stock dividend is payable on October 1, 2021, to shareholders of record at the close of business on September 15, 2021. The Board of Directors also declared a quarterly cash dividend of $0.34375 per share of Series A Preferred Stock. The preferred stock dividend is payable on August 20, 2021, to shareholders of record at the close of busines
- PRBancorpSouth Announces Second Quarter 2021 ResultsTUPELO, Miss., July 21, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) (the "Company") today announced financial results for the quarter ended June 30, 2021. Highlights for the second quarter of 2021 included: Achieved quarterly net income available to common shareholders of $73.2 million, or $0.69 per diluted common share, and record net operating income available to common shareholders – excluding MSR – of $90.6 million, or $0.86 per diluted common share. Generated $119.9 million in pre-tax pre-provision net revenue (PPNR), or 1.80 percent of average assets on an annualized basis. Credit quality indicators continued to improve as evidenced by a decline of $8.9 million, or 8.1 percent, i
- PRBancorpSouth Announces Second Quarter Earnings Webcast ScheduleTUPELO, Miss., July 1, 2021 /PRNewswire/ -- BancorpSouth (NYSE:BXS) will release second-quarter 2021 earnings on Wednesday, July 21, 2021, after the close of the financial markets. It will also hold its regularly scheduled earnings webcast on Thursday, July 22, 2021 at 10:00 a.m. CDT. The webcast is live coverage of management's conference call with analysts and can be found by visiting: www.BancorpSouth.com/Webcast. This will be an interactive session between management and analysts; others may listen to the live broadcast as it happens. The conference will also be available in archived format at the same address.BancorpSouth Bank (NYSE:BXS) is headquartered in Tupelo, Mississippi, with app
- ANALYSTBancorpSouth upgraded by DA Davidson with a new price targetDA Davidson upgraded BancorpSouth from Neutral to Buy and set a new price target of $34.00
- ANALYSTBancorpSouth Bank upgraded by Raymond James with a new price targetRaymond James upgraded BancorpSouth Bank from Market Perform to Outperform and set a new price target of $36.00
- SECSEC Form 13F-HR filed by BancorpSouth Bank13F-HR - BancorpSouth Bank (0001299939) (Filer)
- PRBancorpSouth Completes Merger with National United Bancshares, Inc. and FNS Bancshares, Inc.TUPELO, Miss., May 3, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) ("BancorpSouth") has completed its previously announced mergers with National United Bancshares, Inc., the parent company of National United (collectively referred to as "National United"), and with FNS Bancshares, Inc. (OTCQX:FNSB), the parent company of FNB Bank (collectively referred to as "FNS"), effective May 1, 2021. "We're pleased to announce the completion of these two mergers, which represent positive steps forward in our growth strategy," said BancorpSouth Chairman and Chief Executive Officer Dan Rollins. "Both National United and FNB Bank are excellent complements to our existing company. By combining with the
- PRBancorpSouth Recognized By National Campaign Promoting SavingsTUPELO, Miss., April 29, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) received the 2021 America Saves Designation of Savings Excellence for its seventh consecutive year of promoting better savings plans for customers. The annual award recognizes financial institutions that go above and beyond to encourage people to save money. BancorpSouth and 11 other financial institutions are being recognized for their efforts to encourage individuals to open accounts and begin building wealth. "This past year has been financially difficult for many people across the country," said BancorpSouth Chairman and CEO Dan Rollins. "We're so proud, now more than ever, to be a part of providing education and
- PRBancorpSouth Bank Declares Quarterly Common & Preferred DividendsTUPELO, Miss., April 28, 2021 /PRNewswire/ -- At its regular quarterly meeting today, the Board of Directors of BancorpSouth Bank (NYSE:BXS) declared a quarterly cash dividend of $0.19 per share of common stock. The common stock dividend is payable on July 1, 2021, to shareholders of record at the close of business on June 15, 2021. The Board of Directors also declared a quarterly cash dividend of $0.34375 per share of Series A Preferred Stock. The preferred stock dividend is payable on May 20, 2021, to shareholders of record at the close of business on May 5, 2021. BancorpSouth earlier reported financial results for the first quarter of 2021. Net income available to common shareholders
- PRBancorpSouth Announces First Quarter 2021 ResultsTUPELO, Miss., April 21, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) (the "Company") today announced financial results for the quarter ended March 31, 2021. Highlights for the first quarter of 2021 included: Achieved record quarterly net income available to common shareholders of $79.2 million, or $0.77 per diluted common share, and record net operating income available to common shareholders – excluding MSR – of $74.8 million, or $0.73 per diluted common share. Generated $99.1 million in pre-tax pre-provision net revenue (PPNR), or 1.64 percent of average assets on an annualized basis. Credit quality indicators improved as evidenced by no recorded provision for credit losses for the q
- ANALYSTBancorpSouth upgraded by Hovde Group with a new price targetHovde Group upgraded BancorpSouth from Market Perform to Outperform and set a new price target of $36.00
- PRBancorpSouth Bank and Cadence Bancorporation to combine in transformational mergerTUPELO, Miss. and HOUSTON, April 12, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE:BXS) ("BancorpSouth") and Cadence Bancorporation (NYSE:CADE) ("Cadence"), the parent company of Cadence Bank, N.A., jointly announced today that they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion to create a leading Texas and Southeastern regional bank. Under the terms of the merger agreement, which was unanimously approved by the Boards of Directors of both companies, Cadence shareholders will
BXS FAQ
7 questionsWhat does BancorpSouth Bank do?
BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. The company operates through Banking Services Group, Mortgage, Insurance Agencies, Wealth Management, and General Corporate and Other segments. It accepts various deposit products, including interest and noninterest bearing demand deposits, and saving and other time deposits. The company also provides commercial loans, including term loans, lines of credit, equipment and receivable financing, and agricultural loans; a range of short-to-medium term secured and unsecured...Where does BXS stock trade?
BancorpSouth Bank (BXS) is listed on NYSE.What sector and industry is BXS in?
BancorpSouth Bank operates in the n/a sector.When did BancorpSouth Bank go public?
BancorpSouth Bank (BXS) completed its IPO in n/a.What are analysts saying about BXS?
BancorpSouth Bank has had 2 recent analyst actions on file. The most recent action was from Keefe Bruyette: Outperform with a $3700.00 price target on 2021-10-27. Recent price targets range from $3600.00 to $3700.00.What companies are similar to BXS?
Notable peers in the same industry include CBOE (Cboe Global Markets, Inc.), HCXY (Hercules Capital, Inc.), PCI (PIMCO Dynamic Credit and Mortgage Income Fund), AJAX (Ajax I), VTA (Invesco Credit Opportunities Fund). Compare BXS side-by-side with any of them on Quantisnow.How can I track BXS on Quantisnow?
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