Equities analysts expect that Bancorpsouth Bank (NYSE:BXS) will post earnings of $0.56 per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Bancorpsouth Bank’s earnings, with estimates ranging from $0.55 to $0.57. Bancorpsouth Bank reported earnings of $0.43 per share in the same quarter last year, which would suggest a positive year over year growth rate of 30.2%. The business is scheduled to issue its next quarterly earnings report on Wednesday, October 17th.

On average, analysts expect that Bancorpsouth Bank will report full year earnings of $2.21 per share for the current year, with EPS estimates ranging from $2.20 to $2.24. For the next fiscal year, analysts forecast that the company will report earnings of $2.43 per share, with EPS estimates ranging from $2.38 to $2.45. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Bancorpsouth Bank.

Bancorpsouth Bank (NYSE:BXS) last announced its quarterly earnings data on Wednesday, July 18th. The bank reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.01. Bancorpsouth Bank had a return on equity of 9.90% and a net margin of 21.59%. The business had revenue of $214.58 million during the quarter, compared to analyst estimates of $214.20 million. During the same period last year, the company earned $0.42 earnings per share.

Several analysts recently issued reports on BXS shares. Zacks Investment Research lowered Bancorpsouth Bank from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. ValuEngine lowered Bancorpsouth Bank from a “buy” rating to a “hold” rating in a report on Friday, June 1st. Brean Capital reiterated a “hold” rating on shares of Bancorpsouth Bank in a report on Monday, August 6th. Finally, Stephens reiterated a “buy” rating and set a $37.00 price objective on shares of Bancorpsouth Bank in a report on Monday, August 27th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. Bancorpsouth Bank presently has an average rating of “Hold” and an average target price of $35.57.

Shares of NYSE:BXS traded up $0.40 during midday trading on Friday, hitting $34.15. 461,200 shares of the stock were exchanged, compared to its average volume of 648,453. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.02. Bancorpsouth Bank has a 52-week low of $29.55 and a 52-week high of $35.55. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 20.21 and a beta of 1.40.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 1st. Shareholders of record on Friday, September 14th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.99%. This is an increase from Bancorpsouth Bank’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Thursday, September 13th. Bancorpsouth Bank’s dividend payout ratio is presently 33.53%.

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its position in Bancorpsouth Bank by 9.8% during the second quarter. BlackRock Inc. now owns 10,322,893 shares of the bank’s stock worth $340,139,000 after buying an additional 920,056 shares during the last quarter. Silvercrest Asset Management Group LLC increased its position in Bancorpsouth Bank by 0.3% during the first quarter. Silvercrest Asset Management Group LLC now owns 5,239,383 shares of the bank’s stock worth $166,612,000 after buying an additional 14,391 shares during the last quarter. Victory Capital Management Inc. increased its position in Bancorpsouth Bank by 0.7% during the first quarter. Victory Capital Management Inc. now owns 1,209,208 shares of the bank’s stock worth $38,453,000 after buying an additional 7,919 shares during the last quarter. Bank of New York Mellon Corp increased its position in Bancorpsouth Bank by 1.5% during the second quarter. Bank of New York Mellon Corp now owns 1,186,363 shares of the bank’s stock worth $39,090,000 after buying an additional 17,027 shares during the last quarter. Finally, Federated Investors Inc. PA increased its position in Bancorpsouth Bank by 529.4% during the second quarter. Federated Investors Inc. PA now owns 561,159 shares of the bank’s stock worth $18,490,000 after buying an additional 472,001 shares during the last quarter. 73.74% of the stock is currently owned by hedge funds and other institutional investors.

Bancorpsouth Bank Company Profile

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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Earnings History and Estimates for Bancorpsouth Bank (NYSE:BXS)

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