The Board of Directors of BancorpSouth Bank has declared a quarterly cash dividend of 18.5 cents per common share. The dividend is payable January 2, 2020, to shareholders of record at the close of business on December 13, 2019.
BancorpSouth has many branches in South Arkansas, including Magnolia, Taylor, El Dorado and Lewisville.
BancorpSouth earlier reported record financial results for the third quarter of 2019. Net income was $63.8 million, or 63 cents per diluted share. Net operating income – excluding MSR – was $69.7 million, or 69 cents per diluted share.