Bancorp South (BXS +10.4%) soars after swinging to a Q2 profit on better-than-expected credit quality improvements, with more juice provided by analysts at Stephens who say the regional bank should now be considered a “legitimate takeout candidate.” While profitability likely will remain below peers near-term, Stephens says the takeout appeal offsets the discount.
Bancorp South (BXS +10.4%) soars after swinging to a Q2 profit on better-than-expected credit...
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