BancorpSouth History
BancorpSouth Company History Timeline
BancorpSouth Bank was founded on March 1, 1876 and has been serving the financial needs of their customers for over 146 years.
In 1876, in the back of a hardware store in Verona, Mississippi, a new approach to banking was born – an approach built on longevity and the principle that neighbors should help neighbors.
In 1987, the bank acquired First Mississippi National Bank.
In 1992, the bank acquired Volunteer Bank of Jackson.
In 1998, the bank acquired Alabama Bancorp.
In April 2000, the bank acquired First United Bancshares of El Dorado, Arkansas.
In 2002, the bank acquired Pinnacle Bancshares.
In 2004, the bank acquired Business Bank of Baton Rouge, Louisiana, and Premier Bank of Brentwood, Tennessee.
In 2005, the bank acquired American State Bank of Jonesboro, Arkansas.
In October 2006, the bank acquired City Bancorp of Springfield, Missouri for $170 million with half consisting of BancorpSouth stock and the remainder in cash.
In January 2014, the bank acquired Ouachita Bancshares Corp. of Monroe, Louisiana and Central Community Corporation of Temple, Texas.
In July 2017, the bank reorganized to eliminate redundant corporate infrastructure and activities.
Both mergers were completed effective January 15, 2018.
In November 2018, the bank acquired Casey Bancorp, Inc. of Grand Prairie, Texas and its wholly owned subsidiary, Grand Bank of Texas.
Both mergers were completed effective April 1, 2019.
In September 2019, the bank acquired Texas First Bancshares, Inc. of Waco, Texas and its wholly owned subsidiary, Texas First State Bank for 1,065,000 shares of BancorpSouth's common stock plus $13.0 million in cash.
The merger was completed on January 1, 2020.
In April 2021, BancorpSouth Bank entered into a merger agreement with Cadence Bancorporation; the merged entity will use the Cadence Bank name.
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| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| IBERIABANK | 1887 | $1.2B | 3,441 | - |
| Avenue Financial Holdings | 2006 | - | 176 | - |
| can not find info | 1839 | $1.1B | 2,204 | - |
| First Merchants | 1893 | $556.0M | 1,918 | 199 |
| First Horizon Bank | 1864 | $50.0M | 5,577 | 424 |
| Euronet Worldwide | 1994 | $3.0B | 8,100 | 4 |
| Stifel Financial | 1890 | $3.7B | 7,100 | 125 |
| Raymond James Financial | 1962 | $8.0B | 18,910 | 806 |
| Trustmark | 1889 | $569.2M | 2,680 | 182 |
| TCF Financial | 1923 | $2.1B | 10,000 | - |
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BancorpSouth may also be known as or be related to BANCORPSOUTH INC, BancorpSouth, BancorpSouth Bank, BancorpSouth Inc, BancorpSouth, Inc. (Asset Management) and Bancorpsouth.