BancorpSouth, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company announced total interest revenue of $118,050,000 compared to $114,237,000 for the same period a year ago. Net interest revenue was $111,230,000 compared to $106,445,000 for the same period a year ago. Income before income taxes was $30,265,000 compared to $39,912,000 for the same period a year ago. Net income was $21,169,000 or $0.22 per basic and diluted share compared to $28,660,000 or $0.30 per basic and diluted share for the same period a year ago. Net operating income was $31,423,000 compared to $28,662,000 for the same period a year ago. Fourth quarter results were impacted by elevated non-interest expense, particularly related to the legal settlement. Return on average assets was 0.61% compared to 0.87% for the same period a year ago. Return on average shareholders' equity was 5.09% compared to 7.05% for the same period a year ago. Return on tangible equity was 6.25% compared to 8.81% for the same period a year ago. Book value per share was $17.58 compared to $16.69 for the same period a year ago. Tangible book value per share was $14.27 compared to $13.40 for the same period a year ago.

For the full year, the company announced total interest revenue of $464,378,000 compared to $450,257,000 for the same period a year ago. Net interest revenue was $435,682,000 compared to $416,662,000 for the same period a year ago. Income before income taxes was $186,739,000 compared to $167,402,000 for the same period a year ago. Net income was $127,491,000 or $1.33 per basic and diluted share compared to $116,750,000 or $1.21 per diluted share for the same period a year ago.

For the fourth quarter ended December 31, 2015, the company announced net charge-offs of $6,551,000 compared to $1,507,000 for the same period a year ago.