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Servicing a Winner For BancorpSouth.(sales and earnings)(Brief article)
TUPELO, MS -- BancorpSouth's earnings per share rose 36.4% from a year earlier to $0.45 in the second quarter of 2006, with a gain in the value of mortgage servicing rights contributing to the bank's strength.
The company's net interest margin was 3.75%, a nine basis point increase from the year-earlier period. Net income rose 37.6% to $35.5 million in the quarter.
Aubrey Patterson, chairman and CEO, said in a news release that the company achieved its third consecutive quarterly increase in net interest income due to solid loan and deposit growth, focused asset ...
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