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MSL

MidSouth Bancorp

$14.90

0.1 (0.68%)

16:32
08/17/18
08/17
16:32
08/17/18
16:32

MidSouth Bancorp says 'will carefully review' letter sent by Jacobs Asset Mgt.

MidSouth Bancorp issued the following statement in response to the letter sent to the Board of Directors of MidSouth by Jacobs Asset Management dated August 15, 2018 and filed publicly with the SEC on Schedule 13D: "MidSouth's Board of Directors welcomes open communications with all of our shareholders and appreciates their views on enhancing shareholder value. The Board will carefully review with its legal and financial advisors the letter sent by Jacobs Asset Management and remains committed to act in the best interests of all MidSouth shareholders."

MSL MidSouth Bancorp
$14.90

0.1 (0.68%)

08/01/18
SDLR
08/01/18
DOWNGRADE
SDLR
Hold
MidSouth Bancorp downgraded to Hold from Buy at Sandler O'Neill
08/01/18
08/01/18
DOWNGRADE
Target $15

Hold
Sandler ONeill says MidSouth Bancorp still has work to do, downgrades to Hold
As previously reported, Sandler O'Neill analyst Stephen Scouten downgraded MidSouth Bancorp to Hold from Buy, stating that he is impressed with the progress made year-over-year but that the bank continues to work through its non-performing credits and its build-out associated with its regulatory remediation efforts. Scouten sees a longer timeline to ultimate resolution and thinks the "path will be bumpy." He has a $15 price target on MidSouth shares.
08/17/18
RAJA
08/17/18
UPGRADE
RAJA
Market Perform
MidSouth Bancorp upgraded to Market Perform from Underperform at Raymond James
08/17/18
RAJA
08/17/18
UPGRADE
RAJA
Market Perform
MidSouth Bancorp upgraded to Market Perform at Raymond James
Raymond James analyst William Wallace upgraded MidSouth Bancorp to Market Perform from Underperform following the 13D filing by Jacobs Asset Management. Wallace believes Jacobs' filing and letter to the board increases the probability the bank will sell.

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