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State Coverage: Mississippi

Hancock in Mississippi Reports Earnings Hit From Merger Costs

American Banker | Jan 27

Hancock Holding Co.'s fourth-quarter results included hefty costs associated with buying Whitney Holding Corp.

Revenue Dip Hurts Trustmark's Quarterly Results

American Banker | Jan 25

Trustmark Corp. in Jackson, Miss., said late Tuesday that fourth-quarter net income fell 10% from a quarter earlier, to $24.3 million.

BancorpSouth Beats Estimates, Plans Capital Raise

American Banker | Jan 17

BancorpSouth Inc. in Tupelo, Miss., on Tuesday reported better-than-expected earnings for the fourth quarter and hopes to parlay the good news into a successful capital-raising effort.

Trustmark in Mississippi to Acquire Bay Bank in Florida

American Banker | Nov 30

Trustmark Corp. in Jackson, Miss., said late Wednesday that it will pay $22 million for Bay Bank & Trust Co. in Panama City, Fla., representing about 85% of the seller's tangible book value at Sept. 30.

Trustmark Opens Alabama Loan Office to Support Growing Mortgage Business

American Banker | Oct 26

Trustmark National Bank in Jackson, Miss., has set up a mortgage lending shop in Birmingham, Ala., to serve its growing retail and wholesale customer base in the state.

Credit Quality Concerns Sink BancorpSouth's Shares

American Banker | Oct 25

BancorpSouth Inc.'s shares plunged Tuesday after the Tupelo, Miss., company reported an increase in problem loans and Moody's Corp. downgraded its credit rating.

First Bancshares in Mississippi Buys Eight Former Whitney Branches

American Banker | Sep 19

First Bancshares Inc. in Hattiesburg, Miss., said Monday that it had expanded along the Gulf Coast after buying eight branches that had belonged to Whitney National Bank.

First M&F in Mississippi to Sell or Close Six Branches

American Banker | Sep 16

First M&F Corp. in Kosciusko, Miss., is looking to shed six branches, or roughly 14% of its offices.

Trustmark Reports 21% Jump in 2Q Earnings

American Banker | Jul 26

Trustmark Corp. in Jackson, Miss., said Tuesday that its second-quarter earnings jumped 21% from the same period last year, to $31.6 million.

BancorpSouth's Shares Surge on Earnings News

American Banker | Jul 26

Shares of BancorpSouth were up sharply Tuesday after the company rebounded from a surprisingly weak first quarter to report a second-quarter profit that beat analysts' estimates.

Renasant's Results Benefit from Margin Expansion

American Banker | Jul 20

Renasant in Tupelo, Miss., said its second-quarter earnings jumped 51.7% from a year earlier, to $5.8 million, due to a wider net interest margin.

Acquisitive Renasant to Buy RBC Bank's Ala. Trust Operations

American Banker | Jun 29

Renasant Corp. in Tupelo, Miss., said the deal will increase its wealth management and trust assets under management and advisement to about $1.5 billion.

Hancock, PacWest to Swap S&P Spots

American Banker | May 27

Hancock Holding Co. in Gulfport, Miss., and PacWest Bancorp in Los Angeles are scheduled to exchange Standard & Poor's indexes.

First Bancshares Wins Bidding for Divested Whitney Branches

American Banker | May 18

First Bancshares in Hattiesburg, Miss., is buying seven Whitney National Bank branches in a deal that would move it into a new market in Louisiana.

BancorpSouth Identifies Cities Slated for Branch Closures

American Banker | May 18

The $13.5 billion-asset company said this week that it will shutter nine branches in Arkansas, eight in Mississippi three in Tennessee, and one each in Texas, Alabama and Missouri.

Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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