Trustmark loss of CADENCE stings but it’s not permanent
by Ted Carter
Published: October 17,2010
Tags: Cadence Bank, Community Bancorp, Jerry Host, Kevin Fitzsimmons, Melanie Morgan, Trustmark National Bank
Getting jilted by Cadence Bank will cost Jackson’s Trustmark National Bank 7 cents in earnings per share for 2011, banking analyst Kevin Fitzsimmons of Sandler O’Neil & Partners estimates. The 7 cents reduction puts the earnings per share for next year back to pre-acquisition estimate of $1.52, said Fitzsimmons, managing partner of the New York-based [...]
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