Company profile

Ticker
MSL
Exchange
CEO
James R. McLemore
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
721020809

MSL stock data

(
)

Calendar

9 Aug 19
8 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Net income -2.9M -5.83M -22.31M -4.9M
Diluted EPS -0.22 -0.4 -1.39 -0.34
Net change in cash -97.43M 24.11M
Cash on hand 205.45M 302.89M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Net income -27.52M -11.76M 9.44M 11.02M
Diluted EPS -1.85 -1.06 0.58 0.9
Net change in cash 52.49M 70.74M -6.97M 2.33M
Cash on hand 205.45M 152.96M 82.23M 89.2M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 8,289 0 0
21 Sep 19 Davis John Arthur Common Stock Sale back to company Dispose D No 0 2,667 0 0
21 Sep 19 Davis John Arthur Common Stock Sale back to company Dispose D No 0 702 0 0
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 10,274 0 0
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 13,318 0 0
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 2,055 0 0
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 8,046 0 0
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 4,992 0 0
21 Sep 19 James R Mclemore JR Common Stock Sale back to company Dispose D No 0 2,150 0 0
21 Sep 19 Davis John Arthur Common Stock Sale back to company Dispose D No 0 9,100 0 0
13F holders
Current Prev Q Change
Total holders 2 3 -33.3%
Opened positions 0 0
Closed positions 1 50 -98.0%
Increased positions 0 0
Reduced positions 0 1 EXIT
13F shares
Current Prev Q Change
Total value 0 281K EXIT
Total shares 1 23.75K -100.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Huntington National Bank 1 $0 0.0%
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
California State Teachers Retirement System 0 -23.75K EXIT
Huntington National Bank 1 0 0.0%
Proequities 0 0

Financial report summary

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Risks
  • Because the market price of Hancock Whitney common stock will fluctuate, the value of the merger consideration to be received by our shareholders may change.
  • Regulatory approvals may not be received, may take longer than expected or may impose conditions that are not presently anticipated or cannot be met.
  • Failure of the merger to be completed, the termination of the Merger Agreement, or a significant delay in the consummation of the merger could negatively impact the Company.
  • The Company will be subject to business uncertainties and contractual restrictions while the merger is pending.
  • The Merger Agreement contains provisions that may discourage other companies from pursuing, announcing or submitting a business combination proposal to the Company that might result in greater value to Company shareholders.
Management Discussion
  • Net loss available to common shareholders totaled $3.7 million, or $0.22 per share, for the three months ended June 30, 2019, compared to net loss available to common shareholders of $1.5 million, or $0.09 per share, for the three months ended June 30, 2018. Provision for loan loss totaled $4.8 million and $440,000 for the three months ended June 30, 2019 and 2018, respectively. The loan loss provisions increased substantially during 2019 primarily due to a $3.4 million impairment charge for a shared national healthcare credit.
  • Fully taxable-equivalent ("FTE") net interest income was $16.0 million for the second quarter of 2019, a $1.0 million decrease compared to $17.0 million for the second quarter of 2018, resulting from a $821,000 decrease in interest income and a $216,000 increase in interest expense. Our net interest margin, on a FTE basis, increased 3 basis points in prior year quarterly comparison, from 3.97% for the second quarter of 2018 to 4.00% for the second quarter of 2019.
  • Excluding remediation expenses of $5.3 million for the second quarter of 2018 and merger-related expenses of $1.1 million for the second quarter 2019, noninterest expenses increased $480,000 in quarterly comparison.
Content analysis ?
Positive
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Constraining
Legalese
Litigous
Readability
H.S. sophomore Bad
New words: certification, comment, decided, eligible, expert, final, guide, job, newly, parallel, shock, slightly, specialty, tentatively, tracking, workbook
Removed: assistance, branch, centralized, occupancy, role, working