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Is BancorpSouth's Persistent Margin Pressure a Major Concern?
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On Mar 15, we issued an updated research report on BancorpSouth, Inc. . The company has witnessed a decline in net interest margin (NIM) in the last few years and stringent regulations continue to affect its business.
Though the company’s shares have gained 32.0% in the last six months, it compares unfavorably with the 33.5% growth for the Zacks categorized Banks-Southeast industry.
Moreover, the company’s current year earnings estimates have been revised 3% downward over the last 60 days. As a result, BancorpSouth currently carries a Zacks rank #4 (Sell).
Despite the interest rate hike in Dec 2016, the company’s margins remain under pressure. The main reason for the decline in NIM is lower yields from earning assets than interest bearing liabilities.
Further, strict regulations in the finance industry have marred the company’s loan growth.
However, the company has seen improvement in credit quality over the last few quarters. Also, its involvement in capital deployment activities, such as dividend hike in Jul 2017, raise optimism.
1st Constitution has seen share price growth of 49.4% over the last one year. Also, its earnings estimates have been revised 4.5% upward for the last 60 days.
County Bancorp’s earnings estimate have witnessed 5.8% upward revision for the last 60 days. However, its shares have grown 81.1% in the last one year period.
Sandy Spring has witnessed 6.3% upward earnings estimate for the last 60 days. Its shares have increased 52.6% over the last one year.
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Is BancorpSouth's Persistent Margin Pressure a Major Concern?
On Mar 15, we issued an updated research report on BancorpSouth, Inc. . The company has witnessed a decline in net interest margin (NIM) in the last few years and stringent regulations continue to affect its business.
Though the company’s shares have gained 32.0% in the last six months, it compares unfavorably with the 33.5% growth for the Zacks categorized Banks-Southeast industry.
Moreover, the company’s current year earnings estimates have been revised 3% downward over the last 60 days. As a result, BancorpSouth currently carries a Zacks rank #4 (Sell).
Despite the interest rate hike in Dec 2016, the company’s margins remain under pressure. The main reason for the decline in NIM is lower yields from earning assets than interest bearing liabilities.
Further, strict regulations in the finance industry have marred the company’s loan growth.
However, the company has seen improvement in credit quality over the last few quarters. Also, its involvement in capital deployment activities, such as dividend hike in Jul 2017, raise optimism.
Some better-ranked financial stocks include 1st Constitution Bancorp , County Bancorp, Inc. and Sandy Spring Bancorp, Inc. (SASR - Free Report) . All three stocks carry Zacks rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
1st Constitution has seen share price growth of 49.4% over the last one year. Also, its earnings estimates have been revised 4.5% upward for the last 60 days.
County Bancorp’s earnings estimate have witnessed 5.8% upward revision for the last 60 days. However, its shares have grown 81.1% in the last one year period.
Sandy Spring has witnessed 6.3% upward earnings estimate for the last 60 days. Its shares have increased 52.6% over the last one year.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>