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BancorpSouth Announces First Quarter 2021 Results


BancorpSouth Announces First Quarter 2021 Results
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TUPELO, Miss., April 21, 2021 /PRNewswire/ BancorpSouth Bank (NYSE: BXS) (the Company ) today announced financial results for the quarter ended March 31, 2021.
Highlights for the first quarter of 2021 included:
Achieved record quarterly net income available to common shareholders of $79.2 million, or $0.77 per diluted common share, and record net operating income available to common shareholders – excluding MSR – of $74.8 million, or $0.73 per diluted common share.
Generated $99.1 million in pre-tax pre-provision net revenue (PPNR), or 1.64 percent of average assets on an annualized basis.
Credit quality indicators improved as evidenced by no recorded provision for credit losses for the quarter and a decline of $21.9 million, or 16.5 percent, in total non-performing assets. ....

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BancorpSouth Announces Fourth Quarter 2020 and Annual Financial Results


BancorpSouth Announces Fourth Quarter 2020 and Annual Financial Results
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TUPELO, Miss., Jan. 25, 2021 /PRNewswire/  BancorpSouth Bank (NYSE: BXS) (the Company ) today announced financial results for the quarter and year ended December 31, 2020.
Annual highlights for 2020 included:
Achieved net income available to common shareholders of $218.6 million, or $2.12 per diluted common share, and net operating income available to common shareholders – excluding mortgage servicing rights ( MSR ) – of $237.3 million, or $2.30 per diluted common share.
Recorded provision for credit losses of $86.0 million associated primarily with economic deterioration associated with the COVID-19 pandemic while net charge-offs totaled 0.18 percent of average loans and leases, 0.14 percent of which was related to previously acquired loans; adopted Accounting Standards Update 2016-13 Financial Instruments – Credit L ....

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10 Best U.S. Cities for Gen Z—and What It's Like to Live There During COVID-19


10 Best U.S. Cities for Gen Z and What It s Like to Live There During COVID-19
By
Ellen Dewitt, Stacker News
On 1/19/21 at 6:30 PM EST
COVID-19 has spared no generation, but has put a unique burden on Generation Z the roughly 67 million Americans born between 1997 and 2012 who are just entering the workforce, starting college, or graduating high school amid a pandemic.
Despite the coronavirus grinding everyday life as we know it to a halt, the Gen Z demographic is still charting its courses as these young adults choose cities to start building their lives, look for education and job opportunities, and enter into adulthood. To that end, certain American cities do better than others at courting budding entrepreneurs, advocates, artists, and experts in tech. Gen Z will become the main drivers of the economy, says Nestpick founder Omer Kucukdere. It s fair to say the cities to which Gen Z flock will benefit from the influx of new residents, adds Kucukdere, but N ....

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Best US cities for Gen Z—and what it's like to live there during COVID-19


Best US cities for Gen Z-and what it s like to live there during COVID-19
Ellen Dewitt, provided by
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Best US cities for Gen Z and what it s like to live there during COVID-19
COVID-19 has spared no generation, but has put a unique burden on Gen-Zers the roughly 67 million Americans born between 1997 and 2012 who are just entering the workforce, starting college, or graduating high school amid an international pandemic.
Despite the coronavirus grinding everyday life as we know it to a halt, the Gen Z demographic is still charting its courses as these young adults choose cities to start building their lives, look for education and job opportunities, and enter into adulthood. To that end, certain American cities do better than others at courting budding entrepreneurs, advocates, artists, and experts in tech. ....

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