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Trustmark Corp announces 3Q earnings, $0.23 quarterly cash dividend

Source: Business Wire

JACKSON –Trustmark Corporation (NASDAQ:TRMK) announced net income available to common shareholders of $25.9 million in the third quarter of 2010, which represented basic earnings per common share of $0.40.

Trustmark’s third quarter net income produced a return on average tangible common equity of 12.38%.

During the first nine months of 2010, Trustmark’s net income available to common shareholders totaled $75.5 million, which represented basic earnings per common share of $1.18.

Trustmark’s performance during the first nine months of 2010 resulted in a return on average tangible common equity of 12.43%.

Trustmark’s Board of Directors declared a quarterly cash dividend of $0.23 per common share. The dividend is payable December 15, 2010, to shareholders of record on December 1, 2010.

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About Amy McCullough

One comment

  1. It seems like Trustmark is doing pretty well. It will be interesting to see how they finish up in the final months of the year. With the current state of the economy it is good to see a company with good earnings and income thus far. I think a lot of our markets problems lie within the unemployment rate.

    About a year ago I was thinking about laying off several employees from my business. I knew the decisions I was going to make were going to have a huge impact on my future as well as the future of the company. I decided to call Action Coach, a professional business coaching firm and they really helped me restructure my business. I ended up hiring several new employees and my business has really turned around. If you want more info on them go to http://www.coachmybusiness.net

    Basically what I am getting at is that the decisions we make today are really going to have an impact in the future. Our government is doing many things to try and boost the economy but we will see their true impacts soon. I just hope our leaders realize their decisions impact the entire world, not just a few people.

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