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BancorpSouth Bank Jan 12 Product Image

BancorpSouth Bank Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
Strong market position in Mississippi Solid capital levels Good revenue diversification Consistent pre-provision earnings profile High exposure to real estate-related loans Geographic concentration in Mississippi Elevated nonperforming asset levels from asset quality deterioration The stable outlook reflects our expectation BancorpSouth Bank's credit quality, capital adequacy as measured by Standard & Poor's Ratings Services' RAC ratio, and profitability will remain stable throughout 2011 and into 2012. If credit quality were to deteriorate such that NPAs (including other real estate owned assets) approach 7% of gross loans leading to higher credit costs and reduced profitability, or if the bank's RAC ratio falls below 7%, we could revise the outlook to negative and/or lower the ratings. On the other hand, if asset quality...

Companies mentioned in this report are: BancorpSouth Bank,BancorpSouth Inc.,BancorpSouth Capital Trust I
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress READ MORE >

BancorpSouth Bank,BancorpSouth Inc.,BancorpSouth Capital Trust I

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