BancorpSouth Bank / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2020	€884.84M +10.4%	€196.39M -2.7%	22.2% -0.030 pp	€243.24M -4.1%	27.5% -0.042 pp
2019	€801.43M +8.6%	€201.74M +5.8%	25.2% -0.0064 pp	€253.68M +12.0%	31.7% +0.0098 pp
2018	€738.25M +15.5%	€190.59M +44.6%	25.8% +0.052 pp	€226.41M +21.4%	30.7% +0.015 pp
2017	€639.05M +1.3%	€131.79M +15.3%	20.6% +0.025 pp	€186.52M +28.5%	29.2% +0.062 pp
2016	€630.80M +2.6%	€114.30M +4.1%	18.1% +0.0026 pp	€145.18M +3.0%	23.0% +0.00076 pp
2015	€614.58M +4.1%	€109.79M +9.2%	17.9% +0.0084 pp	€140.98M +2.7%	22.9% -0.0029 pp
2014	€590.60M +1.7%	€100.54M +24.1%	17.0% +0.031 pp	€137.22M -30.5%	23.2% -0.11 pp
2013	€580.45M -3.0%	€81.05M +11.6%	14.0% +0.018 pp	€197.37M +45.0%	34.0% +0.11 pp
2012	€598.29M -1.6%	€72.59M +124.4%	12.1% +0.068 pp	€136.08M -42.9%	22.7% -0.16 pp
2011	€607.78M +0.1%	€32.35M +63.8%	5.3% +0.021 pp	€238.46M +13.7%	39.2% +0.047 pp
2010	€607.38M -2.1%	€19.76M -72.3%	3.3% -0.082 pp	€209.79M -20.2%	34.5% -0.079 pp
2009	€620.20M +5.4%	€71.24M -31.3%	11.5% -0.061 pp	€262.94M +62.0%	42.4% +0.15 pp
2008	€588.37M +4.4%	€103.70M -12.7%	17.6% -0.034 pp	€162.35M +25.0%	27.6% +0.046 pp
2007	€563.81M +10.6%	€118.79M +10.2%	21.1% -0.00082 pp	€129.89M -14.1%	23.0% -0.066 pp
2006	€509.73M +6.8%	€107.81M +8.7%	21.2% +0.0037 pp	€151.25M -26.4%	29.7% -0.13 pp
2005	€477.41M +7.2%	€99.21M +4.1%	20.8% -0.0060 pp	€205.44M +62.6%	43.0% +0.15 pp
2004	€445.50M -4.4%	€95.26M -15.6%	21.4% -0.028 pp	€126.38M -45.6%	28.4% -0.21 pp
2003	€466.06M +7.4%	€112.93M +17.1%	24.2% +0.020 pp	€232.39M +37.6%	49.9% +0.11 pp
2002	€433.83M +8.7%	€96.47M +13.8%	22.2% +0.0099 pp	€168.88M +39.9%	38.9% +0.087 pp
2001	€399.05M +12.3%	€84.79M +32.3%	21.2% +0.032 pp	€120.70M -25.8%	30.2% -0.16 pp
2000	€355.43M +39.1%	€64.07M +7.8%	18.0% -0.052 pp	€162.74M +36.1%	45.8% -0.010 pp
1999	€255.60M +19.1%	€59.42M +26.6%	23.2% +0.014 pp	€119.62M +95.9%	46.8% +0.18 pp
1998	€214.52M +20.5%	€46.93M +20.0%	21.9% -0.00085 pp	€61.06M +6.8%	28.5% -0.037 pp
1997	€178.01M +7.6%	€39.10M +5.8%	22.0% -0.0037 pp	€57.18M -11.0%	32.1% -0.067 pp
1996	€165.43M +13.5%	€36.94M +20.8%	22.3% +0.014 pp	€64.24M +31.3%	38.8% +0.053 pp
1995	€145.71M +32.9%	€30.57M +39.8%	21.0% +0.010 pp	€48.91M -56.8%	33.6% -0.70 pp
1994	€109.63M +6.9%	€21.87M -4.5%	20.0% -0.024 pp	€113.16M +7,629.4%	103.2% +1.0 pp
1993	€102.57M +4.6%	€22.91M +43.0%	22.3% +0.060 pp	€1.46M -96.6%	1.4% -0.42 pp
1992	€98.09M +32.9%	€16.02M +23.2%	16.3% -0.013 pp	€42.54M +168.5%	43.4% +0.22 pp
1991	€73.80M +13.4%	€13.00M +4.9%	17.6% -0.014 pp	€15.85M -24.9%	21.5% -0.11 pp
1990	€65.11M +9.2%	€12.40M +9.1%	19.0% -0.00028 pp	€21.10M +69.0%	32.4% +0.11 pp
1989	€59.59M	€11.37M	19.1%	€12.49M	21.0%