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BXS - BancorpSouth Bank: Acquisitions To Drive Earnings Recovery
February, 12 2021 09:07 AM
BancorpSouth Bank
The upcoming acquisitions of FNS Bancshares and National United Bancshares will drive earning assets growth. The acquisitions will likely lead to an improvement in the funding mix, which will lower the funding cost. The provision expense will likely decline because of a high reserve for loan losses and the economic recovery. The December 2021 target price suggests a limited upside from the current market price. For further details see:
BancorpSouth Bank: Acquisitions To Drive Earnings Recovery
Stock Information
Company Name:
BancorpSouth Bank
Stock Symbol:
BXS
Market:
NYSE
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