BancorpSouth Q1 Profit Meets Estimate - Quick Facts

(RTTNews) - BancorpSouth, Inc. (BXS) said its first-quarter net income was $28.4 million, or $0.30 per share, compared to $20.8 million, or $0.22 per share, prior year. The company said its earnings for the quarter reflected no recorded provision for credit losses compared to $4.0 million for the first quarter of 2013.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.30 for the quarter. Analysts' estimates typically exclude special items.

Net interest revenue was $101.5 million, up 3.5% from $98.1 million, last year. Non-interest revenue was $66.5 million, compared to $71.3 million in the comparable quarter last year. Analysts expected revenue of $172.98 million for the quarter.