BXS - BancorpSouth On Track With More Growth Opportunities Ahead
Since my last update on BancorpSouth (BXS), this Mississippi-based regional bank has managed to close three significant M&A transactions and meaningfully expand its lending franchise in Texas. At the same time, the bank still maintains an uncommonly good mix of low-cost core deposits and solid credit quality, as well as meaningful fee-generating businesses.
At the time of that last article, I didn’t think the valuation of BancorpSouth shares was all that exciting or likely to lead to outsized gains. Since then, the shares have basically tracked the performance of regional banks in