Farm Credit Bank sees increase in earnings, loans
AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) reported increased earnings and loan volume in the third quarter. The cooperatively owned funding bank reported net income of $43.5 million for the...
View ArticleRenasant sees rise in post-M&F merger profits
TUPELO — Renasant Corp. says profit in 2013′s fourth quarter rose 55 percent in the first reporting period following its takeover of First M&F Corp. Yesterday, Renasant posted quarterly profit of...
View ArticleTrustmark Corp. sees gain in quarterly profit
JACKSON — Regional bank Trustmark Corp. says profit in 2013′s fourth quarter rose 1 percent from the same three months of 2012, as the company worked to increase efficiency after its takeover of the...
View ArticleWholesale bank reports record earnings — again
AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale bank that provides funding for rural retail lenders, has released preliminary unaudited financial highlights and...
View ArticleTrustmark sees higher quarterly net income; declares dividend
JACKSON — Trustmark Corporation (NASDAQ:TRMK) reported net income of $29.0 million in the first quarter of 2014, which represented diluted earnings per share of $0.43, an increase of 2.4 percent from...
View ArticlePeoples records weaker quarter-over-quarter net income
BILOXI — Peoples Financial Corporation (NASDAQ Capital Market: PFBX), parent of The Peoples Bank, reported net income of $579,000 for the first quarter of 2014. First quarter earnings this year were...
View ArticleRenasant reports much higher net income after First M&F buy
TUPELO — During the second quarter of 2014, Renasant Corporation saw net income increase 85 percent to $14,853,000, or basic and diluted earnings per share (EPS) of $0.47, compared to $8,019,000, or...
View ArticleCitizens Holding records steep increase in net income
PHILADELPHIA — Citizens Holding Company (NASDAQ: CIZN) has released results of operations for the three and six months ended June 30, 2014. Net income for the three months ended June 30, 2014, was...
View ArticleFitch Ratings gives Trustmark a ‘stable’ outlook
JACKSON — Fitch Ratings has affirmed Trustmark Corp.’s (TRMK) ratings at “BBB+”/”F2”. The rating outlook remains “stable”. Fitch wrote: “TRMK’s ‘BBB+’ ratings reflect its good asset quality and the...
View ArticleRenasant records highest quarterly earnings in 110-year history
TUPELO — Renasant Corporation saw net income for the third quarter of 2014 increase to $15,535,000, or basic and diluted earnings per share (EPS) of $0.49, as compared to $6,637,000, or basic and...
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