Bankster Crime

Exposing Fraud in the Banking System

Coffee Bean Direct

Keeley Teton Advisors LLC trimmed its position in Bancorpsouth Bank (NYSE:BXS) by 7.3% during the first quarter

Featured Story

When one knows the truth and refuses to obey it, he is subject to any lie, any deception, any untruth that man can conjure up. “For although they knew God, they neither glorified Him nor gave thanks to Him, but their thinking became futile and their foolish hearts were darkened. Although they claimed to be wise, they became fools” (Romans 1:21-22). Paul goes on in the next few verses to describe the mindset and behaviors of those who disbelieve (see Romans 1:29-31). As a result of man’s foolishness and his arrogant disdain of the things of God, “God gave them over to a depraved mind, to do what ought not to be done” (Romans 1:28). And correspondingly, “Although they know God’s righteous decree that those who do such things deserve death, they not only continue to do these very things, but also approve of those who practice them” (Romans 1:32).

Isaiah puts it succinctly: “They have chosen their own ways, and their souls delight in their abominations; so I [God] also will choose harsh treatment for them and bring upon them what they dread. For when I called, no one answered, when I spoke, no one listened. They did evil in My sight and chose what displeases Me” (Isaiah 66:3-4).

When men know the truth and refuse to receive it, when they refuse to obey it and hold it in unrighteousness, “they will be condemned for enjoying evil rather than believing the truth” (2 Thessalonians 2:12 NLT).

Keeley Teton Advisors LLC trimmed its position in Bancorpsouth Bank (NYSE:BXS) by 7.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 352,508 shares of the bank’s stock after selling 27,737 shares during the period. Keeley Teton Advisors LLC owned approximately 0.39% of Bancorpsouth Bank worth $9,948,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BXS. Founders Capital Management acquired a new stake in shares of Bancorpsouth Bank in the 4th quarter valued at approximately $26,000. Oregon Public Employees Retirement Fund raised its position in shares of Bancorpsouth Bank by 2,755.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 928,911 shares of the bank’s stock valued at $36,000 after acquiring an additional 896,376 shares during the period. Buffington Mohr McNeal acquired a new stake in shares of Bancorpsouth Bank in the 1st quarter valued at approximately $42,000. Toronto Dominion Bank acquired a new stake in shares of Bancorpsouth Bank in the 4th quarter valued at approximately $43,000. Finally, NumerixS Investment Technologies Inc raised its holdings in Bancorpsouth Bank by 480.0% during the 4th quarter. NumerixS Investment Technologies Inc now owns 2,900 shares of the bank’s stock worth $75,000 after buying an additional 2,400 shares during the period. Institutional investors and hedge funds own 72.74% of the company’s stock.Get Bancorpsouth Bank alerts: 

Shares of NYSE BXS traded up $0.10 during midday trading on Thursday, reaching $30.23. The company’s stock had a trading volume of 3,218 shares, compared to its average volume of 412,008. Bancorpsouth Bank has a fifty-two week low of $24.31 and a fifty-two week high of $35.45. The company has a market capitalization of $2.75 billion, a PE ratio of 13.59 and a beta of 1.46.

Bancorpsouth Bank (NYSE:BXS) last posted its quarterly earnings data on Wednesday, April 17th. The bank reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.02. Bancorpsouth Bank had a net margin of 23.10% and a return on equity of 10.34%. The company had revenue of $216.77 million for the quarter, compared to the consensus estimate of $221.20 million. During the same period last year, the company earned $0.54 earnings per share. On average, sell-side analysts predict that Bancorpsouth Bank will post 2.38 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.25%. Bancorpsouth Bank’s dividend payout ratio (DPR) is presently 30.49%.

Several brokerages have commented on BXS. Zacks Investment Researchdowngraded shares of Bancorpsouth Bank from a “buy” rating to a “hold” rating in a report on Monday, January 21st. Stephens restated a “hold” rating and set a $33.00 target price on shares of Bancorpsouth Bank in a report on Thursday, March 21st. Brean Capital restated a “hold” rating on shares of Bancorpsouth Bank in a report on Friday, January 25th. Finally, ValuEngine downgraded shares of Bancorpsouth Bank from a “hold” rating to a “sell” rating in a report on Thursday, January 10th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $32.50.

Bancorpsouth Bank Company Profile

BancorpSouth Bank provides commercial banking and financial services to individuals and small-to-medium size businesses. It offers various deposit products, including interest and noninterest bearing demand deposits, and saving and other time deposits. The company also provides commercial loans, including term loans, lines of credit, equipment and receivable financing, and agricultural loans; a range of short-to-medium term secured and unsecured commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential subdivisions. Source

Reflection on this principle will confirm that it is true. Greed causes people to do all sorts of things they wouldn’t normally do. Watch any number of TV courtroom dramas, and the crime under consideration is usually motivated by jealousy or greed, or both. The love of money is what motivates people to lie, steal, cheat, gamble, embezzle, and even murder. People who have a love for money lack the godliness and contentment that is true gain in God’s eyes.

But the Bible makes an even stronger statement about the love of money. What we have discussed thus far simply describes the horizontal level of the love of money. In other words, we have only mentioned how the love of money can lead one to commit greater sins against his fellow man. But the Bible makes quite clear that all sin is ultimately against God’s holy character (Psalm 51:5). We need to consider the vertical dimension to the love of money.

In the Sermon on the Mount, Jesus said, “No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money” (Matthew 6:24). This verse comes at the end of a passage in which Jesus tells us to “lay up treasures in heaven” (v. 19). Here, Jesus likens a “love of money” to idolatry. He refers to money as a “master” we serve at the expense of serving God. We are commanded by God to have “no other gods” before the only true and living God (Exodus 20:3; the first commandment). Anything that takes first place in our lives other than our Creator God is an idol and makes us guilty of breaking the first commandment.

StevieRay Hansen
Editor, Bankster Crime


#Fraud #Banks #Money #Corruption #Bankers

“Have I therefore become your enemy by telling you the truth?”

Don't Miss

By BanksterCrime

HNewsWire: Crypto Just Got Exponentially More Dangerous: Meet Fairshake By Pam Martens and Russ Martens, The first thing you need to know about crypto is that…

Read More

By BanksterCrime

Nvidia Hit a $3 Trillion Market Cap Last Week; Dark Pools Are Making Over 300,000 Trades in the Stock Weekly BanksterCrime: y Pam Martens and…

Read More

By BanksterCrime

BanksterCrime: A Former Exec at Citibank Raises Alarm Bells in Federal Court Over Failed Risk Controls Inside the Bank By Pam Martens and Russ Martens,…

Read More

By BanksterCrime

BanksterCrime: By Pam Martens and Russ Martens: April 2, 2024 ~ Jamie Dimon, Chairman and CEO of JPMorgan Chase, Shows Off Presidential Cuff Links While…

Read More

By BanksterCrime

BanksterCrime: Freakonomics and Frankenbanks: JPMorgan Chase Sucked Up 18 Percent of All Profits of 4,568 FDIC-Insured Banks in the First Quarter By Pam Martens and Russ…

Read More

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.


Your email address will not be published. Required fields are marked *