Mississippi-Based BancorpSouth Bank to Acquire National United Bancshares

On December 2, Tupelo, Mississippi-based BancorpSouth Bank announced the signing of a definitive merger agreement with National United Bancshares Inc., the parent company of Gatesville-based National United, pursuant to which National United will be merged with and into BancorpSouth. The merger is anticipated to close during the first half of 2021. National United, established in 1889, … Read more

Bank Mergers and Acquisitions: Outlook and Review in the Middle of Uncertainty

The spread of the coronavirus presents considerable risks to the world economy in general and the banking industry specifically. By some estimates, China saw economic activity cut in half as it worked to treat those infected by the virus and control its spread. World economic activity may rebound quickly if the virus is effectively contained, … Read more