BancorpSouth, Inc. (BXS) Monday reported first-quarter net income of $20.8 million or $0.22 per share, down from $22.8 million or $0.25 per share in the comparable quarter last year.
On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.21 per share for the quarter. Analysts' estimates typically excludes special items.
Net interest revenue for the latest first quarter decreased 7.1 percent to $98.1 million from $105.6 million a year ago, while non-interest revenue for the quarter was $71.3 million, down slightly from $72.4 million in the same period prior year.
Nine analysts expected the company to report revenues of $173.30 million for the quarter.
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