Bancorpsouth Bank (NYSE:BXS) will be announcing its earnings results after the market closes on Wednesday, April 17th. Analysts expect the company to announce earnings of $0.55 per share for the quarter.
Bancorpsouth Bank (NYSE:BXS) last announced its quarterly earnings data on Wednesday, January 23rd. The bank reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.03. Bancorpsouth Bank had a return on equity of 10.43% and a net margin of 23.66%. The firm had revenue of $211.91 million during the quarter, compared to analyst estimates of $221.38 million. During the same period last year, the company posted $0.41 EPS. On average, analysts expect Bancorpsouth Bank to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
BXS opened at $29.48 on Tuesday. Bancorpsouth Bank has a fifty-two week low of $24.31 and a fifty-two week high of $35.45. The stock has a market cap of $2.71 billion, a PE ratio of 13.22 and a beta of 1.44.
The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Thursday, March 14th. Bancorpsouth Bank’s dividend payout ratio (DPR) is presently 30.49%.
BXS has been the subject of a number of recent research reports. Zacks Investment Research raised Bancorpsouth Bank from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research note on Tuesday, January 29th. Stephens downgraded Bancorpsouth Bank from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $33.00 to $32.00 in a research note on Wednesday, March 6th. ValuEngine downgraded Bancorpsouth Bank from a “hold” rating to a “sell” rating in a research note on Thursday, January 10th. Finally, Brean Capital reaffirmed a “hold” rating on shares of Bancorpsouth Bank in a research note on Friday, January 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Bancorpsouth Bank currently has an average rating of “Hold” and an average target price of $33.50.
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About Bancorpsouth Bank
BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. It offers 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 commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential subdivisions.
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