MidSouth: 1Q Earnings Snapshot
LAFAYETTE, La. (AP) _ MidSouth Bancorp Inc. (MSL) on Tuesday reported a loss of $5.8 million in its first quarter.
The bank, based in Lafayette, Louisiana, said it had a loss of 40 cents per share.
The bank holding company posted revenue of $23.7 million in the period. Its revenue net of interest expense was $21.7 million, topping Street forecasts.
MidSouth shares have increased 12% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.87, a drop of 15% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSL at https://www.zacks.com/ap/MSL