BancorpSouth's wealth management business closed 2015 with a disappointing fourth quarter, according to the latest financial results released by the bank's parent on Monday evening.
The Tupelo, Miss.-based regional bank generated $5.4 million in fourth-quarter revenue from its wealth management operations, down 9.3% year-over-over and down 3.4% from the previous quarter. For the full year, wealth management revenue dropped 5.3% to $22.7 million from $23.9 million in 2014.
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