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Private company

BANCPLUS CORP

BANCPLUS CORP is a bank holding company headquartered in Ridgeland.2

Last updated Oct 21, 2026.

Overview

  • IndustryState Commercial Banks2
  • HeadquartersRidgeland, United States2
  • Incorporated inMS3
  • Business address1068 Highland Colony Parkway, Suite 200, Ridgeland, Ms 391573
  • Filer categoryNon-accelerated filer3
  • Legal formBusiness Corporation2
  • LEI549300YJJOQT8XONCK192
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O JASON P VARNADO, 39157 Ridgeland, United States2
  • Registered withBusiness Services, Office of the Secretary of State, 6120332

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BancPlus is a bank holding company headquartered in Ridgeland, Mississippi. BancPlus’ wholly-owned bank subsidiary, BankPlus, offers a full suite of products and services to a broad spectrum of customers, including individuals, businesses and public entities. As of December 31, 2025, we operated 74 branch offices across Mississippi, Alabama, Louisiana, and Florida. BancPlus’ franchise is built on a community banking approach focused on personalized, relationship-driven service combined with local market management and expertise. As of December 31, 2025, BancPlus had total assets of $8.08 billion, gross loans of $6.29 billion, total deposits of $6.99 billion and total shareholders’ equity (before adjustment for redeemable common stock owned by ESOP) of $852.0 million.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

235.5%Net margin6
12.5%Revenue growth, 20256
11.0%Return on equity6
$69.4MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Income tax21¢$22.4M
  • Profit79¢$82.4M

Out of $35.0M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending19¢$16.0M
  • Dividends paid28¢$23.5M
  • Share buybacks6¢$4.8M
  • Kept or used elsewhere48¢$41.0M

Out of $85.4M of cash from operations.6

Financial statements

Revenue789106$35.0M in 2025+86% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $18.8M$18.8M20192020: $26.4M$26.4M2020+41%2021: $30.1M$30.1M2021+14%2022: $23.6M$23.6M2022−22%2023: $30.3M$30.3M2023+29%2024: $31.1M$31.1M2024+2%2025: $35.0M$35.0M2025+13%
Net income789106$82.4M in 2025+126% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $36.4M$36.4M20192020: $39.2M$39.2M2020+8%2021: $56.5M$56.5M2021+44%2022: $60.8M$60.8M2022+8%2023: $60.1M$60.1M2023−1%2024: $64.8M$64.8M2024+8%2025: $82.4M$82.4M2025+27%
Fiscal year2019202020212022202320242025
Revenue$18.8M7$26.4M8$30.1M9$23.6M10$30.3M6$31.1M6$35.0M6
Interest$21.1M7$18.5M8$13.1M9$26.6M9$135.2M9
Income before tax$69.9M9$77.4M10$76.2M6$81.2M6$104.7M6
Income tax$9.0M7$9.2M8$13.4M9$16.6M10$16.1M6$16.4M6$22.4M6
Net income$36.4M7$39.2M8$56.5M9$60.8M10$60.1M6$64.8M6$82.4M6
Earnings per share$4.837$4.198$5.689$5.4310$5.276$5.426$6.766
Earnings per share (diluted)$4.787$4.148$5.629$5.4110$5.256$5.416$6.736
Shares (weighted, basic)9.9M shares911.2M shares1011.4M shares611.5M shares611.5M shares6
Shares (weighted, diluted)10.0M shares911.2M shares1011.4M shares611.5M shares611.6M shares6

Compare BANCPLUS CORP with another company

Corporate structure

BANCPLUS CORP sits at the top of its group. 12 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • BANCPLUS CORP Ridgeland, Mississippi, United States
    • BancPlus Statutory Trust II Subsidiary · Delaware, United States
    • BancPlus Statutory Trust III Subsidiary · Delaware, United States
    • BankPlus Subsidiary · Mississippi, United States
    • BankPlus Insurance Agency, Inc. Subsidiary · Mississippi, United States
    • BankPlus Wealth Management, LLC Subsidiary · Mississippi, United States
    • First Bancshares of Baton Rouge Statutory Trust I Subsidiary · Delaware, United States
    • Gooden Lake Catfish, LLC Subsidiary · Mississippi, United States
    • Oakhurst Development, Inc. Subsidiary · Mississippi, United States
    • SBT Financial Services, Inc. Subsidiary · Mississippi, United States
    • State Capital Master Trust Subsidiary · Delaware, United States
    • State Capital Statutory Trust IV Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

What it owns

What BANCPLUS CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$224.1M6 Dec 31, 2025$243.4M6 Dec 31, 2024−7.9%
Accumulated depreciation$80.4M6 Dec 31, 2025$102.4M6 Dec 31, 2024−21.5%
Property and equipment, net$143.8M6 Dec 31, 2025$141.0M6 Dec 31, 2024+2.0%
Operating-lease assets (leased space)$30.6M6 Dec 31, 2025$29.5M6 Dec 31, 2024+3.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$348.2M6 Dec 31, 2025$409.6M6 Dec 31, 2024−15.0%
Debt securities held to maturity$23.3M6 Dec 31, 2025$41.3M6 Dec 31, 2024−43.7%
Loans, net of allowance$6.2B6 Dec 31, 2025$6.1B6 Dec 31, 2024+2.6%
Deposits held (banks)$7.0B6 Dec 31, 2025$6.8B6 Dec 31, 2024+3.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$62.8M6 Dec 31, 2025$62.8M6 Dec 31, 20240%
Finite-lived intangibles, gross$16.1M6 Dec 31, 2025$16.1M6 Dec 31, 20240%
Accumulated amortization$9.3M6 Dec 31, 2025$7.8M6 Dec 31, 2024+19.1%
Finite-lived intangibles, net$6.9M6 Dec 31, 2025$8.4M6 Dec 31, 2024−17.8%

Properties, in its own words

BancPlus’ executive offices and those of BankPlus are located at 1068 Highland Colony Parkway, Ridgeland, Mississippi 39157 and, as of December 31, 2025, we operated 74 branch offices in Mississippi, Alabama, Louisiana, and Florida.

As of December 31, 2025, BankPlus owned 65 of its branch offices. The other facilities are occupied under lease agreements, the terms of which range from 1 to 95 years. BancPlus believes that its banking and other facilities are in good condition and are suitable and adequate to meet its needs.

Item 2 of the 10-K filed Mar 9, 2026.5

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • BancPlus Statutory Trust II Delaware4
  • BancPlus Statutory Trust III Delaware4
  • BankPlus Mississippi4
  • BankPlus Insurance Agency, Inc. Mississippi4
  • BankPlus Wealth Management, LLC Mississippi4
  • First Bancshares of Baton Rouge Statutory Trust I Delaware4
  • Gooden Lake Catfish, LLC Mississippi4
  • Oakhurst Development, Inc. Mississippi4
  • SBT Financial Services, Inc. Mississippi4
  • State Capital Master Trust Delaware4
  • State Capital Statutory Trust IV Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 18, 20268-K Regulation FD disclosure14
  2. Jul 29, 20268-K Other events15
  3. May 21, 20268-K Regulation FD disclosure16
  4. May 1, 20268-K Bylaws or fiscal year changed; Shareholder vote; Other events17
  5. Feb 19, 20268-K Regulation FD disclosure18
  6. Jan 28, 20268-K Other events19
  7. Dec 22, 20258-K Executive or director change20
  8. Dec 19, 20258-K Executive or director change21
  9. Nov 20, 20258-K Regulation FD disclosure22
  10. Oct 24, 20258-K Other events23
  11. Aug 22, 20258-K Regulation FD disclosure24
  12. Aug 21, 20258-K Executive or director change; Regulation FD disclosure25
  13. May 25, 1981Founded BANCPLUS CORP is founded2

Filings

92 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 59 major events, 13 other. The latest 20:

  1. Aug 18, 20268-K EDGAR
  2. Aug 7, 202610-Q EDGAR
  3. Jul 29, 20268-K EDGAR
  4. Jun 18, 202611-K EDGAR
  5. May 21, 20268-K EDGAR
  6. May 8, 202610-Q EDGAR
  7. May 1, 20268-K EDGAR
  8. Mar 9, 202610-K EDGAR
  9. Feb 19, 20268-K EDGAR
  10. Jan 28, 20268-K EDGAR
  11. Dec 22, 20258-K EDGAR
  12. Dec 19, 20258-K/A EDGAR
  13. Nov 20, 20258-K EDGAR
  14. Nov 7, 202510-Q EDGAR
  15. Oct 24, 20258-K EDGAR
  16. Aug 22, 20258-K EDGAR
  17. Aug 21, 20258-K EDGAR
  18. Aug 8, 202510-Q EDGAR
  19. Jul 25, 20258-K EDGAR
  20. Jun 20, 202511-K EDGAR

The 92 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How BANCPLUS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBANCPLUS CORP1
  • CIK0001118004
  • Employer ID (EIN)64-06553125
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inMississippi5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6022 State Commercial Banks1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address1068 Highland Colony Parkway, Suite 200, Ridgeland, MS 391571
  • Phone601-898-83001
  • Shares outstanding11,679,197 as of Aug 3, 202612
  • Public float$0 as of Jun 30, 20256
  • AuditorForvis Mazars, LLP, Jackson, Mississippi PCAOB ID 686; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceNov 26, 20191
  • Filings142 in all: 8-K (78), 10-Q (20), 10-K (7), 11-K (7), CORRESP (4), S-4/A (4), UPLOAD (4), 425 (3)1
    All 17 form types

    S-8 (3), 424B3 (2), 8-K/A (2), EFFECT (2), S-4 (2), D (1), DRS (1), DRS/A (1), DRSLTR (1)

  • Latest filingsAnnual report (10-K) Mar 9, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Latest 8-K (8-K) Aug 18, 2026

Risk factors and legal proceedings

The risks BANCPLUS CORP names in Item 1A of its 10-K filed Mar 9, 2026: 48 risks under these headings, as written.5

  • Market Risks
  • BancPlus’ business, financial condition or results of operations may be adversely affected by conditions in the financial markets and economic conditions in general.
  • BancPlus may be adversely affected by the soundness of other financial institutions.
  • The geographic concentration of BancPlus’ markets in Mississippi, Alabama, Louisiana, and Florida makes BancPlus more susceptible to adverse changes in the local economy and natural disasters such as tornadoes and flooding and other catastrophic events, including climate change.
  • Risks Related to Our Business
  • The concentration of small to medium-sized businesses to which BancPlus lends may be more vulnerable to adverse business developments, which may impair BancPlus’ borrowers’ ability to repay loans.
  • BancPlus’ loan portfolio contains a number of large loans to certain borrowers, and a deterioration in the financial condition of any of these borrowers could have a significant adverse impact on its asset quality.
  • BancPlus faces significant competition to attract and retain customers, which could impair its growth, decrease its profitability or result in loss of market share.
  • Credit, Liquidity and Capital Risks
  • BancPlus is subject to credit risk, and may not be able to adequately measure and limit its credit risk, which could lead to unexpected losses.
  • A lack of liquidity could impair BancPlus’ ability to fund operations.
  • Interest rate shifts could reduce net interest income.
The other 39 risks
  • Because a significant portion of BancPlus’ loan portfolio is comprised of real estate loans, negative changes in the economy affecting real estate values and liquidity could impair the value of collateral securing BancPlus’ real estate loans and result in loan and other losses.
  • BancPlus may be required to repurchase mortgage loans in some circumstances, which could diminish its liquidity.
  • BancPlus’ allowance for credit losses may prove to be insufficient to absorb losses inherent in its loan portfolio, which could have an adverse effect on its business, financial condition or results of operations.
  • BancPlus is dependent upon significant noninterest income, including deposit fees, some of which are under continual review by federal regulators and Congress.
  • If BancPlus were to lose its status as a Community Development Financial Institution (“CDFI”), or the CDFI Fund curtails its activities, BancPlus' ability to obtain grants and awards as a CDFI like those it has received in the past may be diminished or lost.
  • The fair value of BancPlus’ investment securities can fluctuate due to factors outside of its control.
  • Operational Risks
  • BancPlus’ risk management framework may not be effective in mitigating risks associated with new or existing lines of business and/or losses to BancPlus.
  • BancPlus is dependent on the use of data and modeling in its management’s decision-making, and faulty data or modeling approaches could negatively impact its decision-making ability or possibly subject it to regulatory scrutiny in the future.
  • The financial services industry is undergoing rapid technological change, and BancPlus may not have the resources to effectively implement new technology, or it may experience operational challenges when implementing new technology.
  • BancPlus relies on third parties to provide key components of its business infrastructure, and a failure of these parties to perform for any reason could disrupt its operations or create liability exposure.
  • BancPlus could be subject to losses, regulatory action or reputational harm due to fraudulent and negligent acts on the part of loan applicants, its employees and vendors.
  • BancPlus’ financial results depend on management’s selection of accounting methods and certain assumptions and estimates.
  • Changes in accounting standards by the Financial Accounting Standards Board (“FASB”) or other standard-setting bodies may affect our financial statements.
  • Appraisals and other valuation techniques BancPlus uses in evaluating and monitoring loans secured by real property, OREO and repossessed personal property may not accurately describe the net value of the asset.
  • Compliance and Regulatory Risks
  • BancPlus is subject to environmental liability risk associated with its lending activities.
  • If BancPlus fails to maintain an effective system of disclosure controls and procedures and internal control over financial reporting, it may not be able to accurately report its financial results or prevent fraud.
  • BancPlus’ use of third-party vendors and its other ongoing third-party business relationships are subject to increasing regulatory requirements and attention.
  • BancPlus’ industry is highly regulated, and the regulatory framework, together with any future legislative or regulatory changes, may have an adverse effect on its business, financial condition or results of operations.
  • BancPlus is subject to stringent capital requirements, which may result in lower returns on equity, require BancPlus to raise additional capital, limit growth opportunities or result in regulatory restrictions.
  • BancPlus is subject to numerous laws designed to protect consumers, including fair lending laws, and failure to comply with these laws could lead to a wide variety of sanctions.
  • Federal and state banking agencies periodically conduct examinations of BancPlus’ business, including compliance with laws and regulations, and its failure to comply with any supervisory actions to which it is or becomes subject as a result of such examinations could result in regulatory action or penalties.
  • New activities and expansion require regulatory approvals, and failure to obtain them, or failure by BankPlus to perform satisfactorily on its CRA evaluations may restrict BancPlus’ growth.
  • Federal, state and local consumer lending laws may restrict BancPlus’ ability to originate certain mortgage loans, increase BancPlus’ risk of liability with respect to such loans, or increase the time and expense associated with the foreclosure process or prevent BancPlus from foreclosing at all.
  • An expansion of federal, state and local regulations and/or changes in the licensing of loan servicing, collections or other aspects of BancPlus’ business and sales of loans to third parties may increase the cost of compliance and the risks of noncompliance and subject BancPlus to litigation.
  • Increases in FDIC insurance premiums could adversely affect BancPlus’ business, financial condition or results of operations.
  • Monetary policies and regulations of the Federal Reserve could adversely affect BancPlus’ business, financial condition or results of operations.
  • BancPlus is subject to commercial real estate lending guidance issued by the federal banking regulators that impacts BancPlus’ operations and capital requirements.
  • Risks Related to Our Common Stock
  • There is no organized public trading market for BancPlus common stock, and there can be no assurance that a public market will develop.
  • BancPlus’ dividend policy may change without notice, and its future ability to pay dividends is subject to restrictions.
  • BancPlus’ corporate governance documents, and certain corporate and banking laws applicable to BancPlus, could make a takeover more difficult, which could adversely affect the value of BancPlus common stock.
  • The BancPlus bylaws designate the Madison County Chancery Court of the State of Mississippi as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by BancPlus shareholders, which could limit BancPlus shareholders’ ability to obtain a favorable judicial forum for disputes with BancPlus or its directors, officers or employees.
  • There are substantial regulatory limitations on changes of control of bank holding companies that may discourage investors from purchasing shares of BancPlus common stock.
  • As of December 31, 2025, BancPlus no longer qualifies as an emerging growth company. As such, BancPlus will incur additional costs in the future that it was not subject to when it was an emerging growth company.
  • General Risk Factors
  • BancPlus’ business strategy includes growth, and our business, financial condition or results of operations could be negatively affected if BancPlus fails to grow or fails to manage growth effectively.
  • BancPlus may pursue acquisitions in the future, which could expose it to financial, execution and operational risks.
  • BancPlus relies heavily on its executive management team and other key personnel, and the loss of any of these individuals could adversely impact its business or reputation.
  • BancPlus’ ability to maintain its reputation is critical to the success of its business.
  • BancPlus is subject to claims, litigation, and regulatory actions in the ordinary course of banking and lending.
  • Unauthorized access, cyber-crime and other threats to data security may subject BancPlus to regulatory action or penalties, require significant resources, harm BancPlus’ reputation, and otherwise cause harm to its business.

Legal proceedings

For information about our legal proceedings refer to Note 17 Commitments and Contingencies in our Notes to Consolidated Financial Statements for the year ended December 31, 2025 contained in Part II, Item 8 of this Annual Report on Form 10-K.

In addition to the above, the Company, including its subsidiaries, is party to various legal proceedings arising in the ordinary course of business. We do not believe that loss contingencies, if any, arising from pending litigation and regulatory matters will have a material adverse effect on our consolidated financial position or liquidity.

The opening of Item 3, Legal Proceedings.5

Sources

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    SEC EDGAROther events
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    SEC EDGAROther events
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