Loading...

We've got a brand new version of Simply Wall St! Try it out

MidSouth Bancorp

NYSE:MSL
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MSL
NYSE
$178M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

MidSouth Bancorp, Inc., a bank holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking products and services to commercial and retail customers in the United States. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
MSL Share Price and Events
7 Day Returns
-3.8%
NYSE:MSL
-5.2%
US Banks
-3.1%
US Market
1 Year Returns
-28.6%
NYSE:MSL
-16.1%
US Banks
-1.7%
US Market
MSL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MidSouth Bancorp (MSL) -3.8% -10.5% -9.3% -28.6% 5.2% -44.2%
US Banks -5.2% -7.8% -5.8% -16.1% 29.4% 33.3%
US Market -3.1% -5.3% -1.2% -1.7% 28.2% 35%
1 Year Return vs Industry and Market
  • MSL underperformed the Banks industry which returned -16.1% over the past year.
  • MSL underperformed the Market in United States of America which returned -1.7% over the past year.
Price Volatility
MSL
Industry
5yr Volatility vs Market

MSL Value

 Is MidSouth Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for MidSouth Bancorp. This is due to cash flow or dividend data being unavailable. The share price is $10.61.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MidSouth Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MidSouth Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:MSL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-2.34
NYSE:MSL Share Price ** NYSE (2019-08-16) in USD $10.61
United States of America Banks Industry PE Ratio Median Figure of 598 Publicly-Listed Banks Companies 12.2x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MidSouth Bancorp.

NYSE:MSL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MSL Share Price ÷ EPS (both in USD)

= 10.61 ÷ -2.34

-4.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MidSouth Bancorp is loss making, we can't compare its value to the US Banks industry average.
  • MidSouth Bancorp is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does MidSouth Bancorp's expected growth come at a high price?
Raw Data
NYSE:MSL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
113.1%per year
United States of America Banks Industry PEG Ratio Median Figure of 272 Publicly-Listed Banks Companies 1.11x
United States of America Market PEG Ratio Median Figure of 2,115 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MidSouth Bancorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MidSouth Bancorp's assets?
Raw Data
NYSE:MSL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $10.76
NYSE:MSL Share Price * NYSE (2019-08-16) in USD $10.61
United States of America Banks Industry PB Ratio Median Figure of 599 Publicly-Listed Banks Companies 1.14x
United States of America Market PB Ratio Median Figure of 5,261 Publicly-Listed Companies 1.67x
NYSE:MSL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MSL Share Price ÷ Book Value per Share (both in USD)

= 10.61 ÷ 10.76

0.99x

* Primary Listing of MidSouth Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MidSouth Bancorp is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess MidSouth Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. MidSouth Bancorp has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MSL Future Performance

 How is MidSouth Bancorp expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
113.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MidSouth Bancorp expected to grow at an attractive rate?
  • MidSouth Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • MidSouth Bancorp's earnings growth is expected to exceed the United States of America market average.
  • MidSouth Bancorp's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:MSL Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:MSL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 113.1%
NYSE:MSL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 11.1%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 1.6%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:MSL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:MSL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 83 8 4
2019-12-31 82 4 4
NYSE:MSL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 57 27 -39
2019-03-31 63 27 -37
2018-12-31 71 23 -31
2018-09-30 75 29 -19
2018-06-30 78 35 -12
2018-03-31 67 37 -17
2017-12-31 65 25 -15
2017-09-30 72 28 -2
2017-06-30 72 22 -2
2017-03-31 82 28 6
2016-12-31 82 27 7
2016-09-30 81 27 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MidSouth Bancorp's earnings are expected to grow significantly at over 20% yearly.
  • MidSouth Bancorp's revenue is expected to grow by 11.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:MSL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from MidSouth Bancorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MSL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.49 0.60 0.42 3.00
2019-12-31 0.22 0.36 0.12 3.00
NYSE:MSL Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -2.34
2019-03-31 -2.22
2018-12-31 -1.85
2018-09-30 -1.15
2018-06-30 -0.75
2018-03-31 -1.11
2017-12-31 -1.06
2017-09-30 -0.18
2017-06-30 -0.14
2017-03-31 0.56
2016-12-31 0.58
2016-09-30 0.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MidSouth Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess MidSouth Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MidSouth Bancorp has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MSL Past Performance

  How has MidSouth Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MidSouth Bancorp's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MidSouth Bancorp does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare MidSouth Bancorp's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MidSouth Bancorp's 1-year growth to the US Banks industry average as it is not currently profitable.
Earnings and Revenue History
MidSouth Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MidSouth Bancorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MSL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 57.20 -39.18 50.97
2019-03-31 62.62 -36.95 49.88
2018-12-31 70.77 -30.76 47.01
2018-09-30 74.98 -18.95 51.27
2018-06-30 77.72 -12.39 50.16
2018-03-31 67.32 -17.13 51.41
2017-12-31 65.43 -15.00 51.77
2017-09-30 71.98 -2.30 52.00
2017-06-30 72.49 -1.57 52.54
2017-03-31 82.09 6.34 51.43
2016-12-31 81.85 6.58 50.66
2016-09-30 81.41 6.86 50.55
2016-06-30 81.02 7.69 50.11
2016-03-31 84.71 10.93 50.29
2015-12-31 82.74 10.33 50.18
2015-09-30 83.35 12.15 54.95
2015-06-30 87.54 14.03 53.96
2015-03-31 86.46 13.05 52.42
2014-12-31 91.62 18.41 51.99
2014-09-30 94.39 18.29 53.45
2014-06-30 93.58 17.06 53.84
2014-03-31 93.90 16.39 53.76
2013-12-31 92.44 12.84 53.14
2013-09-30 86.16 10.74 47.48
2013-06-30 80.01 9.92 44.20
2013-03-31 73.71 8.75 41.04
2012-12-31 68.08 8.10 38.70
2012-09-30 66.92 7.71 36.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MidSouth Bancorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MidSouth Bancorp has efficiently used its assets last year compared to the US Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MidSouth Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MidSouth Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MidSouth Bancorp has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MSL Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of MidSouth Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MidSouth Bancorp Company Filings, last reported 1 month ago.

NYSE:MSL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 220.99 55.12 232.83
2019-03-31 221.17 61.64 244.24
2018-12-31 221.99 61.67 206.44
2018-09-30 241.45 63.35 290.56
2018-06-30 248.67 74.56 269.78
2018-03-31 250.84 92.71 204.88
2017-12-31 254.02 140.12 154.04
2017-09-30 267.64 114.65 157.43
2017-06-30 261.57 138.18 124.91
2017-03-31 216.06 137.29 72.91
2016-12-31 214.38 142.05 76.55
2016-09-30 218.13 142.91 121.02
2016-06-30 217.94 133.59 91.66
2016-03-31 215.85 135.79 105.26
2015-12-31 213.14 158.98 80.68
2015-09-30 213.96 210.21 116.66
2015-06-30 212.04 172.78 73.48
2015-03-31 210.66 160.68 94.59
2014-12-31 209.01 135.54 76.85
2014-09-30 206.01 154.52 44.29
2014-06-30 202.42 158.95 54.21
2014-03-31 198.64 133.73 54.60
2013-12-31 190.75 136.00 50.19
2013-09-30 189.63 160.25 33.60
2013-06-30 187.43 134.51 51.28
2013-03-31 190.83 106.71 95.92
2012-12-31 189.24 99.96 60.37
2012-09-30 168.34 70.70 53.79
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • MidSouth Bancorp has an acceptable proportion of non-loan assets held.
  • MidSouth Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at MidSouth Bancorp are broadly funded by customer deposits.
  • MidSouth Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • MidSouth Bancorp has a sufficient allowance for bad loans.
  • MidSouth Bancorp has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess MidSouth Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MidSouth Bancorp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MSL Dividends

 What is MidSouth Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.38%
Current annual income from MidSouth Bancorp dividends. Estimated to be 0.38% next year.
If you bought $2,000 of MidSouth Bancorp shares you are expected to receive $8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • MidSouth Bancorp's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).
  • MidSouth Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.9%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:MSL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 480 Stocks 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:MSL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.04 4.00
2019-12-31 0.04 4.00
NYSE:MSL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-29 0.040 0.348
2019-02-28 0.040 0.342
2018-11-29 0.040 0.353
2018-08-31 0.040 0.278
2018-05-30 0.040 0.283
2018-02-27 0.040 0.295
2018-01-30 0.040 0.306
2017-11-09 0.040 0.291
2017-10-25 0.040 0.304
2017-06-07 0.360 3.028
2017-05-08 0.360 2.531
2017-04-27 0.360 2.410
2017-03-16 0.360 2.465
2017-01-31 0.360 2.497
2016-11-09 0.360 2.786
2016-10-26 0.360 3.547
2016-08-09 0.360 3.535
2016-07-27 0.360 3.444
2016-05-10 0.360 3.478
2016-04-27 0.360 3.848
2016-03-15 0.360 4.384
2015-11-06 0.360 4.258
2015-10-27 0.360 3.488
2015-08-07 0.360 2.909
2015-07-27 0.360 2.534
2015-05-08 0.360 2.497
2015-04-28 0.360 2.723
2014-10-28 0.360 2.283
2014-07-28 0.360 1.895
2014-05-22 0.360 1.882
2014-01-28 0.320 1.871
2013-10-29 0.320 1.914
2013-07-29 0.320 2.045
2013-05-22 0.320 2.078
2013-01-31 0.280 1.823
2012-07-30 0.280 1.863
2012-04-24 0.280 1.993
2012-01-31 0.280 2.077
2011-10-25 0.280 2.153
2011-07-27 0.280 2.398
2011-04-26 0.280 2.055
2011-01-25 0.280 1.971
2010-10-26 0.280 1.947
2010-07-27 0.280 2.092
2010-04-28 0.280 2.022
2010-01-29 0.280 1.760
2009-10-29 0.280 2.007
2009-07-17 0.320 2.105
2009-04-16 0.320 2.190
2009-01-22 0.320 3.283
2008-10-16 0.320 2.387

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MidSouth Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • MidSouth Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of MidSouth Bancorp's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of MidSouth Bancorp's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of MidSouth Bancorp's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess MidSouth Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MidSouth Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MidSouth Bancorp has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MSL Management

 What is the CEO of MidSouth Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim McLemore
COMPENSATION $584,065
AGE 60
TENURE AS CEO 2.3 years
CEO Bio

Mr. James R. McLemore, Jr., also known as Jim, CFA, has been Chief Executive Officer and President of Midsouth BanCorp, Inc. and MidSouth Bank, N.A. since May 24, 2017. Mr. McLemore served as an Interim Chief Executive Officer and Interim President of Midsouth BanCorp, Inc. and MidSouth Bank, NA from April 27, 2017 to May 24, 2017. He served as the Chief Financial Officer of MidSouth Bank, N.A. and Midsouth BanCorp, Inc. from July 16, 2009 to May 24, 2017 and served as its and Senior Executive Vice President until April 27, 2017. Mr. McLemore served as the Chief Financial Officer of Security Bank Corp. from December 3, 2002 to July 13, 2009 and also for its subsidiary, Security Bank of Bibb County from December 2002 to July 13, 2009. Jim served as an Executive Vice President of Security Bank Corp. from December 2002 to July 13, 2009 and Security Bank of Bibb County until July 13, 2009. He served as the Chief Accounting Officer of Security Bank Corp. until July 13, 2009. Mr. McLemore served as Senior Vice President of Financial Affairs of Security Bank Corp. since December 3, 2002. Jim also served as Senior Vice President and Chief Accounting Officer of Security Bank of Bibb County. He joined Security Bank Corp. in December 2, 2002. Mr. McLemore served as Secretary of Americorp, Inc. He served as the Vice President and Treasurer of Bank Corporation of Georgia from 1990 to 1997. Jim served as the Chief Financial Officer of The Independent Bankers Bank in Dallas, Texas from December 2000 to November 2002. From August 1998 to November 2000, he served as the Senior Vice President and Chief Financial Officer of IBERIABANK Corporation in Lafayette, Louisiana. Mr. McLemore served as the Staff Accountant of Securities and Exchange Commission from 1997 to 1998. He has been a Director of Midsouth BanCorp, Inc. and MidSouth Bank, N.A. since June 5, 2017. He is a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA).

CEO Compensation
  • Jim's compensation has increased whilst company is loss making.
  • Jim's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MidSouth Bancorp management team in years:

2.3
Average Tenure
55
Average Age
  • The tenure for the MidSouth Bancorp management team is about average.
Management Team

Jim McLemore

TITLE
President
COMPENSATION
$584K
AGE
60
TENURE
2.3 yrs

Lorraine Miller

TITLE
Executive VP
COMPENSATION
$325K
AGE
55
TENURE
2.3 yrs

Chris Mosteller

TITLE
Executive VP & Chief Banking Officer
COMPENSATION
$370K
AGE
38
TENURE
1.4 yrs

John Davis

TITLE
Executive VP & COO
AGE
56
TENURE
1 yrs

Shaleen Pellerin

TITLE
Assistant VP & Investor Relations Officer

Jay Angelle

TITLE
Legal Counsel

Dawn Bastarache

TITLE
Executive Vice President of Corporate Development & Strategic Planning
AGE
49
TENURE
1.2 yrs

Glenda Montet

TITLE
Senior Vice President and Risk Officer

Carolyn Lay

TITLE
Chief Retail Officer
AGE
59
TENURE
9.1 yrs

Clay Abington

TITLE
Executive Vice President of Corporate Efficiency
AGE
52
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the MidSouth Bancorp board of directors in years:

2.2
Average Tenure
64
Average Age
  • The average tenure for the MidSouth Bancorp board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jake Delhomme

TITLE
Chairman of the Board
COMPENSATION
$83K
AGE
44
TENURE
2.7 yrs

Jim McLemore

TITLE
President
COMPENSATION
$584K
AGE
60
TENURE
2.2 yrs

Mike Kramer

TITLE
Vice Chairman of the Board
COMPENSATION
$54K
AGE
61
TENURE
0.8 yrs

Andrew Hargroder

TITLE
Director
COMPENSATION
$56K
AGE
62
TENURE
2.1 yrs

Bill Grant

TITLE
Director
COMPENSATION
$2K
AGE
70
TENURE
0.7 yrs

James Davis

TITLE
Director
COMPENSATION
$111K
AGE
66

Milton Kidd

TITLE
Director
COMPENSATION
$46K
AGE
70
TENURE
23.6 yrs

Timothy Lemoine

TITLE
Director
COMPENSATION
$52K
AGE
68
TENURE
12.3 yrs

Pete Abington

TITLE
Director
COMPENSATION
$43K
AGE
81
TENURE
6.7 yrs

Ryan Medo

TITLE
Director
AGE
42
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
09. May 19 Sell Basswood Capital Management, L.L.C. Company 29. Mar 19 29. Mar 19 -410,679 $11.41 $-4,685,847
09. May 19 Buy Basswood Capital Management, L.L.C. Company 29. Mar 19 29. Mar 19 410,679 $11.41 $4,685,847
X
Management checks
We assess MidSouth Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MidSouth Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MSL News

Simply Wall St News

The MidSouth Bancorp (NYSE:MSL) Share Price Is Up 56% And Shareholders Are Holding On

Because MidSouth Bancorp is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. … In the last 3 years MidSouth Bancorp saw its revenue shrink by 6.3% per year.

Simply Wall St -

Why MidSouth Bancorp, Inc. (NYSE:MSL) May Be Riskier Than You Think

As a small cap company operating in a heavily regulated financial services sector, an investment in MidSouth Bancorp, Inc. … This is because bad debt is written off as an expense and impacts MidSouth Bancorp’s bottom line and shareholders’ value. … Today we will analyse MidSouth Bancorp’s level of bad debt and liabilities in order to understand the risk involved with investing in MidSouth Bancorp

Simply Wall St -

One Thing To Remember About The MidSouth Bancorp, Inc. (NYSE:MSL) Share Price

(NYSE:MSL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Is MidSouth Bancorp Inc (NYSE:MSL) Exposed To Too Much Risk?

MidSouth Bancorp Inc (NYSE:MSL) is a small cap stock with a market capitalisation of US$221m. … Since bad debt is written off as an expense, it impacts MidSouth Bancorp’s bottom line and shareholders’ value. … Today we’re going to assess the level of bad debt and liabilities MidSouth Bancorp currently has in order to properly analyse the risk involved with investing in MidSouth Bancorp.

Simply Wall St -

Can MidSouth Bancorp Inc (NYSE:MSL) Survive The Next Financial Crisis?

As a small-cap finance stock with a market capitalisation of US$232.45m, the risk and profitability of MidSouth Bancorp Inc (NYSE:MSL) are largely tied to the underlying economic growth of the region it operates in US. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like MidSouth Bancorp to vulnerabilities. … Low levels of leverage coupled with sufficient liquidity may place MidSouth Bancorp in a safe position in the face of adverse headwinds.

Simply Wall St -

Risk Factors To Consider Before Investing In MidSouth Bancorp Inc (NYSE:MSL)

MidSouth Bancorp Inc (NYSE:MSL) is a small cap stock with a market capitalisation of US$237.43m. … Since bad debt is written off as an expense, it impacts MidSouth Bancorp’s bottom line and shareholders’ value. … I will take you through some useful measures of bad debt and liabilities in order to properly analyse MidSouth Bancorp’s risk level before you invest in the stock.

Simply Wall St -

Is It Time To Buy MidSouth Bancorp Inc (NYSE:MSL)?

MidSouth Bancorp Inc (NYSE:MSL), operating in the financial services industry based in United States,. … A question to answer is whether MidSouth Bancorp's current trading price of $13.75 reflective of the actual value of the? … Let’s take a look at MidSouth Bancorp’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Does MidSouth Bancorp Inc's (NYSE:MSL) -133.56% Earnings Decline Reflect A Long-Term Trend?

When MidSouth Bancorp Inc (NYSE:MSL) released its most recent earnings update (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … View our latest analysis for MidSouth Bancorp Commentary On MSL's Past Performance For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … NYSE:MSL Income Statement Jan 30th 18 We can further assess MidSouth Bancorp's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

Real Risks You Need To Know Before Investing In MidSouth Bancorp Inc (MSL)

Today we’re going to assess the level of bad debt and liabilities MidSouth Bancorp currently has in order to properly analyse the risk involved with investing in MidSouth Bancorp. … If it writes off more than 100% of the bad debt it provisioned for, then it has inadequately estimated the factors that may have added to a higher bad loan level which begs the question – does MidSouth Bancorp understand its own risk? … Since MidSouth Bancorp’s total deposit to total liabilities is very high at 92.65% which is well-above the prudent level of 50% for banks, MidSouth Bancorp may be too cautious with its level of deposits and has plenty of headroom to take on risker forms of liability.Conclusion Although MidSouth Bancorp’s level of deposits to liabilities level is sufficient, it has taken on risk through high levels of bad debt and poor provisioning for their repayment.

Simply Wall St -

Is It The Right Time To Buy MidSouth Bancorp Inc (MSL)?

MidSouth Bancorp Inc (NYSE:MSL), operating in the financial services industry based in United States, saw a decent share price growth in the teens level on the NYSE over the last few months. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … Will you have enough confidence to invest in the company should the price drop below its fair value?

Simply Wall St -

MSL Company Info

Description

MidSouth Bancorp, Inc., a bank holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking products and services to commercial and retail customers in the United States. The company offers various deposit products, including interest-bearing and noninterest-bearing checking accounts, money market, savings accounts, investment accounts, and NOW account deposits, as well as time deposits, such as certificates of deposit; and commercial and industrial, commercial real estate, and consumer loans, as well as other loans secured by real estate. It also provides cash management services; and electronic banking services comprising remote deposit capturing services, Internet banking, and debit and credit cards. As of March 1, 2019, the company had 42 offices located in Louisiana and Texas, as well as a network of approximately 55,000 surcharge-free ATMs. MidSouth Bancorp, Inc. was incorporated in 1984 and is headquartered in Lafayette, Louisiana.

Details
Name: MidSouth Bancorp, Inc.
MSL
Exchange: NYSE
Founded: 1984
$177,528,100
16,732,149
Website: http://www.midsouthbank.com
Address: MidSouth Bancorp, Inc.
102 Versailles Boulevard,
Lafayette,
Louisiana, 70501,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MSL Common Stock New York Stock Exchange US USD 19. Apr 1993
OTCPK MSLX.P 4% CNV PFD SR C Pink Sheets LLC US USD 12. Aug 2013
Number of employees
Current staff
Staff numbers
474
MidSouth Bancorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/16 23:41
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/06/03
Last earnings filing: 2019/08/09
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.