State Coverage: Mississippi
BancorpSouth's Filing Delay Sparks Concerns
American Banker | Mar 01BancorpSouth in Tupelo, Miss., surprised investors late last week by announcing it would delay filing its annual report because auditors found asset-quality issues that will likely ...
Hancock's Thwarted Expansion Turns Out to Be Good Timing
American Banker | Jan 21With a war chest of capital, a clean balance sheet and willing management, Hancock Holding is primed to take advantage of down-cycle opportunities and is actively seeking ...
Obama to Meet 11 Community Bankers
American Banker | Dec 22President Obama is due to meet today with 11 chief executives of community banks, following up on a meeting with the heads of larger institutions last week.
A Tale of Two Stock Offerings
American Banker | Nov 09Alliance in Syracuse, N.Y., and Hancock in Gulfport, Miss., reported starkly different outcomes for their offensive stock offerings Friday.
Miss.' Hancock Sells Stock, Profit Slips
American Banker | Oct 20Hancock Holding in Gulfport, Miss., has begun a $150 million common stock offering, just after reporting that its third-quarter earnings slipped 4.9% from the year earlier, but rose 10.7% from ...
Louisiana Bank to Buy into Mississippi
American Banker | Sep 16Community Trust Financial Corp. in Ruston, La., has a deal to buy the $65 million-asset Madison Financial Corp., which would add three branches in the neighboring state.
Loss Wider, Cadence Stock Falls
American Banker | May 13Shares of Cadence Financial in Starkville, Miss., fell after the $2.1 billion-asset bank said that its 1Q loss would be significantly higher than it previously estimated.
Bewilderment on Home Values Spurs a Sharp Provision Hike
American Banker | Apr 27Many bankers have complained that valuing real estate has become more of a guessing game. This week, First M&F surprised analysts by posting a wider-than-expected loss ...
1Q Report Lifts BancorpSouth's Stock
American Banker | Apr 22Shares of BancorpSouth Inc. surged Tuesday after the $13.5 billion-asset Tupelo, Miss., company reported earnings that beat analysts' expectations.
Hancock Shares Tumble on Loss
American Banker | Jan 22Shares of Hancock Holding fell 16.5% Wednesday, to $27.57, after the Gulfport, Miss., company reported that 4Q earnings fell 50% from a year earlier, to $8.3 million.
BancorpSouth Posts Earnings Drop on Rise in Bad Loans
American Banker | Oct 21BancorpSouth in Tupelo, Miss., announced after the market closed Monday that its third-quarter earnings fell 22% from a year earlier, to $28.3M, as a result of ...
Mississippi's Peoples Sees $3 Million of Hits in 3Q
American Banker | Sep 29Peoples Financial in Biloxi, Miss., said it expects to take hits totaling $3 million in the third quarter to reflect the declining the value of its investment in Freddie Mac ...
Higher Costs Hurt Hancock's Results
American Banker | Oct 18Hancock Holding Co. in Gulfport, Miss., said late Tuesday that its third-quarter profits fell about 51% from a year earlier, to $17.7 million, or 55 cents a share.
Cadence Restatement to Hit 1Q
American Banker | Jul 23Cadence Financial Corp. in Starkville, Miss., said Friday that it will slash its previously reported first-quarter earnings from $3.7 million to $103,000 after discovering certain securities were improperly classified.
2Q Earnings: Hancock, Trustmark Profits Dip
American Banker | Jul 19Mississippi banking companies Hancock Holding Co. and Trustmark Corp. reported lower second-quarter earnings, but investors were unfazed.
