NYSE:BXS

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with acceptable track record.


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.0%

BXS

1.2%

US Banks

-1.3%

US Market


1 Year Return

-24.8%

BXS

-28.5%

US Banks

18.5%

US Market

Return vs Industry: BXS exceeded the US Banks industry which returned -28.5% over the past year.

Return vs Market: BXS underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

BXSIndustryMarket
7 Day6.0%1.2%-1.3%
30 Day18.2%3.5%5.3%
90 Day1.6%-0.05%7.5%
1 Year-22.3%-24.8%-25.9%-28.5%21.3%18.5%
3 Year-23.6%-29.0%-18.6%-25.4%42.4%32.9%
5 Year-1.7%-11.9%16.1%1.6%84.2%63.5%

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?

10.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BXS ($22.72) is trading above our estimate of fair value ($22.43)

Significantly Below Fair Value: BXS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BXS is poor value based on its PE Ratio (10.8x) compared to the US Banks industry average (10x).

PE vs Market: BXS is good value based on its PE Ratio (10.8x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: BXS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BXS's PB Ratio (0.9x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is BancorpSouth Bank forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-5.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BXS's earnings are forecast to decline over the next 3 years (-5% per year).

Earnings vs Market: BXS's earnings are forecast to decline over the next 3 years (-5% per year).

High Growth Earnings: BXS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BXS's revenue is expected to decline over the next 3 years (-1.4% per year).

High Growth Revenue: BXS's revenue is forecast to decline over the next 3 years (-1.4% 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 (6.3%).


Next Steps

Past Performance

How has BancorpSouth Bank performed over the past 5 years?

14.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BXS has high quality earnings.

Growing Profit Margin: BXS's current net profit margins (23.3%) are lower than last year (24.2%).


Past Earnings Growth Analysis

Earnings Trend: BXS's earnings have grown by 14.3% per year over the past 5 years.

Accelerating Growth: BXS's earnings growth over the past year (1.1%) is below its 5-year average (14.3% per year).

Earnings vs Industry: BXS earnings growth over the past year (1.1%) exceeded the Banks industry -3%.


Return on Equity

High ROE: BXS's Return on Equity (8.1%) is considered low.


Next Steps

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 (8.5x) is low.

Allowance for Bad Loans: BXS has a sufficient allowance for bad loans (166%).

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 (64%).

Low Risk Deposits: BXS's Loans to Deposits ratio (78%) is appropriate.

Level of Bad Loans: BXS has an appropriate level of bad loans (1%).


Next Steps

Dividend

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

3.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BXS's dividend (3.26%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: BXS's dividend (3.26%) is low compared to the top 25% of dividend payers in the US market (4.68%).


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 (34.9%), 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 (43.7% payout ratio).


Next Steps

Management

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

6.0yrs

Average management tenure


CEO

Dan Rollins (61 yo)

7.92yrs

Tenure

US$4,587,855

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD4.59M) is about average for companies of similar size in the US market ($USD4.48M).

Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Rollins
Chairman & CEO7.92yrsUS$4.59m0.30%
$ 7.0m
Christopher Bagley
President & COO6.17yrsUS$2.15m0.19%
$ 4.4m
John Copeland
Senior EVP3.42yrsUS$1.32m0.042%
$ 969.1k
Jeffrey Jaggers
Senior EVP & Chief Information Officerno dataUS$1.31m0.083%
$ 1.9m
Charles Pignuolo
Senior EVP & General Counsel6yrsUS$1.13m0.063%
$ 1.5m
Will Fisackerly
Senior VP & Director of Corporate Financeno datano datano data
Cathy Freeman
Senior EVPno dataUS$773.05k0.065%
$ 1.5m
Morgan Files
Head of Corporate Communicationsno datano datano data
Sam Jones
Market President6.08yrsno datano data
Ty Warren
President of North-West Region4.83yrsno datano data
Michael Meyer
Senior EVP5.92yrsno data0.050%
$ 1.2m
Ty Lambert
Senior EVP & Chief Risk Officer2.17yrsno datano data

6.0yrs

Average Tenure

61yo

Average Age

Experienced Management: BXS's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Rollins
Chairman & CEO7.92yrsUS$4.59m0.30%
$ 7.0m
Aubrey Patterson
Chairman Emeritus6.5yrsUS$33.66kno data
Larry Kirk
Independent Director24.75yrsUS$142.62k0.057%
$ 1.3m
Thomas Stanton
Independent Director5yrsUS$124.62k0.0070%
$ 162.4k
Alan Perry
Independent Director29.75yrsUS$134.62k0.11%
$ 2.4m
Gus Blass
Independent Director16.75yrsUS$149.62k0.14%
$ 3.2m
Warren Hood
Independent Director13.17yrsUS$130.12k0.027%
$ 627.0k
Guy Mitchell
Independent Lead Director3.5yrsUS$157.12k0.065%
$ 1.5m
James Campbell
Independent Director28.75yrsUS$144.12k0.15%
$ 3.5m
Shannon Brown
Independent Director4.5yrsUS$136.62k0.0070%
$ 164.3k
Deborah Cannon
Independent Director5.5yrsUS$149.62k0.013%
$ 304.3k
Keith Jackson
Independent Director13.17yrsUS$136.62k0.028%
$ 652.2k

9.8yrs

Average Tenure

68yo

Average Age

Experienced Board: BXS's board of directors are considered experienced (9.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BXS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


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$2.330b
  • Shares outstanding: 102.56m
  • Website: https://www.bancorpsouth.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BTODB (Deutsche Boerse AG)YesNew Common StockDEEUROct 1985
BXSNYSE (New York Stock Exchange)YesNew Common StockUSUSDOct 1985
BXS.PRANYSE (New York Stock Exchange)5.5% NCUM PFD AUSUSDNov 2019

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 Analysis2020/10/21 00:30
End of Day Share Price2020/10/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.