BancorpSouth Bank – Consensus indicates potential rise of 13.1%
BancorpSouth Bank with the stock code (BXS) now have 9 analysts covering the stock with the consensus suggesting a “Hold” rating. The target price is between 37 and 34 with an average TP of 35.11. Since the previous close for shares was 31.03, this indicates that there is a potential upside of 13.1%. The 50-day moving average is 32.25 and the 200-day MA is 27.42. The company’s market capitalization is $ 3,257 million. Visit the company’s website at: http://www.bancorpsouth.com
BancorpSouth Bank provides commercial and financial banking services to individuals and small and medium-sized businesses. The company operates through the group’s segments of banking, mortgage, insurance agency, wealth management, and general business and others. It accepts a variety of deposit products, including interest-free and interest-free demand deposits, as well as savings and other term deposits. The company also provides commercial loans, including term loans, lines of credit, equipment and receivables financing, and agricultural loans; a range of short- and medium-term secured and unsecured commercial loans to businesses for working capital, business expansion and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development and construction of residential subdivisions. In addition, it offers residential mortgages at fixed and adjustable rates guaranteed by an owner-occupied property; construction loans; second mortgage loans; and home equity lines of credit, as well as non-residential consumer loans which include secured loans for automobiles, recreational vehicles, boats, individuals and deposit accounts, as well as credit card issuance. credit. In addition, the company operates as an agent for the sale of commercial insurance lines; and offers a range of property, casualty, life, health and employee insurance products and services. In addition, it offers credit-related products, trust and investment management, asset management, retirement and savings solutions, as well as estate and annuity planning products. As of March 4, 2021, the company operated 305 full-service branches, as well as mortgage, insurance and loan production offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee. and Texas; and an insurance branch in Illinois. The company was formerly known as BancorpSouth and changed its name to BancorpSouth Bank in October 2017. BancorpSouth Bank was founded in 1876 and is headquartered in Tupelo, Mississippi.