BancorpSouth, Inc. Declares Quarterly Dividend

Jan 27, 2010, 18:10 ET from BancorpSouth, Inc.

TUPELO, Miss., Jan. 27 /PRNewswire-FirstCall/ -- At their regular quarterly meeting on January 27, 2010, the Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.22 per common share.  The dividend is payable April 1, 2010 to shareholders of record at the close of business on March 15, 2010.

BancorpSouth previously reported net income of $19.4 million or $0.23 per diluted share for the fourth quarter of 2009.  Net income for the twelve months ended December 31, 2009 was $104.3 million or $1.25 per diluted share.

BancorpSouth, Inc. is a financial holding company headquartered in Tupelo, Mississippi, with approximately $13.2 billion in assets.  BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc., operates approximately 318 commercial banking, mortgage, insurance, trust and broker/dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas.  BancorpSouth Bank also operates an insurance location in Illinois.

SOURCE BancorpSouth, Inc.