BancorpSouth Bank (NYSE:BXS), settled the day at a share price of $20.49 after seeing a rise of 6.77% that brought its market cap to $2.14 billion. It has been generating revenue of $795.9 million while net income posted by the company in last 12 months was $204.6 million. When looking at performance, we see the stock demonstrating a weekly performance of 12.27% while keeping a monthly performance of 2.19%. Quarterly performance saw a drop of -29.22% and continued the negative trend with a yearly performance of -28.98% while showing YTD performance of -34.77% which was -34.05% for last six months.
BancorpSouth Bank (NYSE: BXS) came announcing on January 2, 2020 that it has completed its previously announced merger with Texas First Bancshares, Inc., the parent company of Texas First State Bank (collectively referred to as “Texas First”), effective January 1, 2020. “We’re delighted to announce the completion of our merger with Texas First,” said BancorpSouth Chairman and Chief Executive Officer Dan Rollins. “Both of our banks share similar philosophies and a strong commitment to our customers and communities. This is a positive step in our growth strategy, and we’re excited to welcome Texas First’s customers and teammates to BancorpSouth and expand our geographic footprint.”
Customers will remain using their current branches, checks, debit/ATM cards, online banking and other banking services. Detailed communications will be provided to all Texas First customers prior to the system conversion. “We’re excited to join the BancorpSouth team and look forward to the opportunities and benefits this combination will bring to our customers, teammates and shareholders,” said BancorpSouth Waco, Texas Chairman Rodney Kroll, former chairman and chief executive officer of Texas First. “We’re confident this transaction will create long-term value and enhance our ability to deliver the best products and services from the same bankers our customers already know and trust.”
The 52-week range for the stock was 17.21 – 32.97 that put its current price at a premium of 19.06% to the 52-week low price whereas it is trading at a discount of -37.85% to the 52-week high price. The Banks – Regional company is currently upholding a net profit margin of 27.1%. Operating margin for the last 12 months remained 79.1%.
The company’s EPS for trailing 12 months is $1.99 and its annual dividend yield is 3.61% with a payout ratio of 31.6%. It is estimated to be posting an EPS of $0.41 for the current quarter. The Beta number showed the stock is subject to risk 48% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 1.1% while ROE for the same period is 9% and have seen an average of 23.3% return on investment (ROI).
The outstanding share count is 104.74 million shares but the size of available float is 83.66 million shares. The stock’s current price is lagging SMA-200 by -24.54% which is also 2.55% up from SMA-50. Reducing that period to a shorter term, we see the price is trailing 1.57% to the SMA-20. Volatility for the week was 5.65%, which was 5.19% in the previous month. The company closed the session with a trading volume of 479.15 thousand shares, below from its average daily trading volume of 726.43 thousand.