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BANCORPSOUTH INC (BXS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  440.7419.8404.6396.4425.6461.1496.8517.0
        Interest income on investments  11.613.114.515.516.716.613.712.2
        Interest income on repurchase agreements      0.00.20.60.1
       483.2464.4450.3449.5486.4537.9582.8615.4
    Interest expense:  
        Interest on borrowings  3.12.32.51.81.43.5  
       29.728.733.650.671.8102.9141.6170.5
Net interest income  453.5435.7416.7398.9414.6434.9441.1444.9
Provision for loan losses  4.0-13.0 7.528.0130.1204.0117.3
Net interest income after provision for loan losses  449.5448.7416.7391.4386.6304.8237.1327.6
        Deposit and loan fees  43.346.850.652.956.966.770.772.9
        Credit and debit card fees  37.036.535.333.031.742.437.734.2
        Gain on sale of investments, net    0.00.00.00.32.10.3
        Other non-interest income  198.7194.7183.2189.1191.5161.5153.7167.9
Total non-interest income  279.0278.0269.1275.1280.1270.8264.1275.3
Non-interest expenses  532.0539.9518.4534.8549.2533.6487.0490.0
Pre-tax income before non-recurring items  205.0217.1177.2152.1126.951.220.3121.4
Non-recurring items  8.530.39.820.49.39.26.18.6
Pre-tax income  196.4186.7167.4131.7117.542.014.2112.8
Income taxes  63.759.250.737.633.34.5-8.730.1
            Tax rate  32.4%31.7%30.3%28.5%28.3%10.6% 26.7%
Net income  132.7127.5116.894.184.337.622.982.7
            Net margin  18.2%17.5%14.6%14.1%12.6%6.5%4.6%13.7%
   
Basic EPS  $1.41$1.33$1.22$0.99$0.90$0.45$0.28$0.99
Diluted EPS  $1.41$1.33$1.21$0.99$0.90$0.45$0.27$0.99
   
Shares outstanding (basic)  94.295.896.095.093.883.583.483.3
Shares outstanding (diluted)  94.596.196.395.393.983.583.583.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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