NYSE:BXS

Stock Analysis Report

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Market Cap

US$2.8b

Last Updated

2021/08/01 22:12 UTC

Data Sources

Company Financials +

Executive Summary

BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. More Details


Snowflake Analysis

Very undervalued with flawless balance sheet.


Similar Companies

Share Price & News

How has BancorpSouth Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BXS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BXS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.6%

BXS

0.9%

US Banks

-0.4%

US Market


1 Year Return

23.3%

BXS

59.1%

US Banks

35.9%

US Market

Return vs Industry: BXS underperformed the US Banks industry which returned 59.1% over the past year.

Return vs Market: BXS underperformed the US Market which returned 35.9% over the past year.


Shareholder returns

BXSIndustryMarket
7 Day1.6%0.9%-0.4%
30 Day-8.3%-3.6%-0.3%
90 Day-15.0%-4.6%3.1%
1 Year26.7%23.3%63.5%59.1%38.0%35.9%
3 Year-15.8%-22.3%17.3%7.2%62.9%52.7%
5 Year16.3%3.7%89.5%65.8%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is BancorpSouth Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BancorpSouth Bank undervalued compared to its fair value and its price relative to the market?

25.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BXS ($25.8) is trading below our estimate of fair value ($34.42)

Significantly Below Fair Value: BXS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BXS is good value based on its PE Ratio (9.2x) compared to the US Banks industry average (10.7x).

PE vs Market: BXS is good value based on its PE Ratio (9.2x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: BXS is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: BXS is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.1x).


Future Growth

How is BancorpSouth Bank forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

48.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BXS's forecast earnings growth (48.2% per year) is above the savings rate (2%).

Earnings vs Market: BXS's earnings (48.2% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BXS's revenue (23.8% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: BXS's revenue (23.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BXS's Return on Equity is forecast to be low in 3 years time (9.3%).


Past Performance

How has BancorpSouth Bank performed over the past 5 years?

14.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BXS has high quality earnings.

Growing Profit Margin: BXS's current net profit margins (28.1%) are higher than last year (22.7%).


Past Earnings Growth Analysis

Earnings Trend: BXS's earnings have grown by 14.9% per year over the past 5 years.

Accelerating Growth: BXS's earnings growth over the past year (38%) exceeds its 5-year average (14.9% per year).

Earnings vs Industry: BXS earnings growth over the past year (38%) exceeded the Banks industry 35%.


Return on Equity

High ROE: BXS's Return on Equity (9.8%) is considered low.


Financial Health

How is BancorpSouth Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BXS's Assets to Equity ratio (9x) is low.

Allowance for Bad Loans: BXS has a sufficient allowance for bad loans (315%).

Low Risk Liabilities: 93% of BXS's liabilities are made up of primarily low risk sources of funding.

Loan Level: BXS has an appropriate level of Loans to Assets ratio (53%).

Low Risk Deposits: BXS's Loans to Deposits ratio (65%) is appropriate.

Level of Bad Loans: BXS has an appropriate level of bad loans (0.6%).


Dividend

What is BancorpSouth Bank current dividend yield, its reliability and sustainability?

3.10%

Current Dividend Yield


Upcoming Dividend Payment

TodayAug 02 2021Ex Dividend DateSep 14 2021Dividend Pay DateOct 01 202117 days from Ex DividendBuy in the next 42 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BXS's dividend (3.1%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: BXS's dividend (3.1%) is low compared to the top 25% of dividend payers in the US market (3.55%).


Stability and Growth of Payments

Stable Dividend: BXS's dividend payments have been volatile in the past 10 years.

Growing Dividend: BXS's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.9%), BXS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BXS's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average management tenure


CEO

Dan Rollins (62 yo)

8.67yrs

Tenure

US$4,395,720

Compensation

Mr. James D. Rollins, III, also known as Dan, has been the Chief Executive Officer of BancorpSouth Bank since November 27, 2012. Mr. Rollins had been Chief Executive Officer of BancorpSouth, Inc. since Nov...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD4.40M) is about average for companies of similar size in the US market ($USD5.32M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BXS's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: BXS's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

BancorpSouth Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BancorpSouth Bank
  • Ticker: BXS
  • Exchange: NYSE
  • Founded: 1876
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.802b
  • Shares outstanding: 108.61m
  • Website: https://www.bancorpsouth.com

Number of Employees


Location

  • BancorpSouth Bank
  • One Mississippi Plaza
  • 201 South Spring Street
  • Tupelo
  • Mississippi
  • 38804
  • United States

Listings


Biography

BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. The company operates through Banking Services Group, Mortgage, Insurance Agencies, W...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:12
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.