BancorpSouth Bank (NYSE:BXS) will be posting its quarterly earnings results after the market closes on Wednesday, April 18th. Analysts expect BancorpSouth Bank to post earnings of $0.51 per share for the quarter.
BancorpSouth Bank (NYSE:BXS) last announced its quarterly earnings results on Wednesday, January 24th. The bank reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. The firm had revenue of $184.46 million during the quarter, compared to analysts’ expectations of $187.12 million. BancorpSouth Bank had a net margin of 19.59% and a return on equity of 9.01%. During the same quarter last year, the company earned $0.40 earnings per share. On average, analysts expect BancorpSouth Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of BXS opened at $31.75 on Tuesday. The stock has a market cap of $2,845.39, a price-to-earnings ratio of 19.01 and a beta of 1.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.85 and a quick ratio of 0.84. BancorpSouth Bank has a 12 month low of $27.20 and a 12 month high of $35.55.
The firm also recently declared a quarterly dividend, which was paid on Monday, April 2nd. Shareholders of record on Thursday, March 15th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Wednesday, March 14th. BancorpSouth Bank’s dividend payout ratio is 33.53%.
A number of research analysts have commented on the stock. Zacks Investment Research cut shares of BancorpSouth Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, March 27th. ValuEngine cut shares of BancorpSouth Bank from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Stephens restated a “buy” rating and set a $39.00 price target on shares of BancorpSouth Bank in a research note on Friday, January 26th. Piper Jaffray restated a “hold” rating and set a $35.00 price target on shares of BancorpSouth Bank in a research note on Tuesday, January 9th. Finally, Brean Capital restated a “hold” rating on shares of BancorpSouth Bank in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company’s stock. BancorpSouth Bank presently has a consensus rating of “Hold” and an average price target of $34.13.
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About BancorpSouth Bank
BancorpSouth Bank operates as a financial holding company for BancorpSouth Bank that 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.
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