|Day's Range||11.15 - 11.30|
|52 Week Range||9.05 - 16.60|
|PE Ratio (TTM)||19.91|
|Earnings Date||Jul 25, 2017 - Jul 31, 2017|
|Dividend & Yield||0.36 (3.23%)|
|1y Target Est||14.50|
MidSouth Bancorp, Inc. (MSL) has witnessed a significant price decline in the past four weeks and it has seen negative earnings estimate revisions for the current quarter and the current year.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing MidSouth Bancorp, Inc. with the following peers – IBERIABANK Corporation, Southwest Bancorp, Inc., Cullen/Frost Bankers, Inc., BOK Financial Corporation, First Financial Bankshares, Inc., Simmons First National Corporation Class A, First NBC Bank Holding Co., BancFirst Corporation, Hancock Holding Company and Prosperity Bancshares, Inc.(R) (IBKC-US, OKSB-US, ... Read more (Read more...)
LAFAYETTE, La., June 13, 2017 /PRNewswire/ -- MidSouth Bancorp, Inc. (the "Company") (MSL) announced today that it has completed its previously announced underwritten public offering of 4,583,334 shares of its common stock at a price of $12.00 per share. The offering resulted in gross proceeds of approximately $55.0 million and net proceeds of approximately $51.4 million. Subject to receipt of required regulatory approvals, the Company intends to use approximately $32.0 million of the net proceeds of the offering to redeem all of its outstanding Series B Preferred Stock issued to the U.S. Treasury as a result of its participation in the Small Business Lending Fund and to use the remaining portion of the net proceeds from this offering to enhance its capital structure, to fund future organic growth, for working capital, and other general corporate purposes.