BancorpSouth Bank – Consensus indicates potential rise of 15.9%

BancorpSouth Bank with the ticker code (BXS) now have 10 analysts covering the stock with the consensus suggesting a rating of “Buy”. The target price varies between 37 and 33 by calculating the average target price that we have 34.9. Now with the previous closing price of 30.1 this now indicates that there is a potential upside of 15.9%. The 50 day moving average is 30.55 and the 200 moving average is now moving to 30.16. The company has a market capitalization of $ 3,115 million. Company website: http://www.bancorpsouth.com

BancorpSouth Bank provides commercial and financial banking services to individuals and small and medium-sized businesses. The company operates its business through the banking, mortgage, insurance agency, wealth management and general and other industries group. It accepts various deposit products, including interest-bearing and non-interest bearing 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 owner-occupied properties; construction loans; second mortgage loans; and home equity lines of credit, as well as non-residential consumer loans which consist of secured loans for automobiles, recreational vehicles, boats, individuals and deposit accounts, as well as the issuance of securities. credit card. In addition, the company operates as an agent for the sale of commercial insurance lines; and offers a range of P&C, life, health and benefits products and services. In addition, it provides products related to credit, 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.


Source link

About Mallory Brown

Check Also

Mortgage rates as of December 29, 2021: Interest rates go up, but you can still get a good rate

Education Images / Getty Some major mortgage rates are higher today. Average 15-year fixed mortgage …

Leave a Reply

Your email address will not be published. Required fields are marked *