BancorpSouth profits drop, company to sell stock
TUPELO — BancorpSouth Inc. said Tuesday that fourth-quarter profit dropped even as it cut loan losses.
The regional bank, with $13 billion in assets, posted a profit of $13.3 million, or 16 cents per share, in the last three months of 2011. That’s down 16 percent from $15.8 million, or 19 cents per share, in 2010’s fourth quarter.
Renasant Corp.’s fourth quarter profit rises
TUPELO — Renasant Corp. says fourth-quarter profit rose on the strength of its expansion.