Posts Tagged ‘new income’

First M&F reports hefty jump in net income

by MBJ Staff Published: January 28,2013

Tags: asset, bank, banker, banking, deposit, finance, financial institution, financial statement, loan, new income, publicly traded company

KOSCUISKO — First M&F Corp. reported 2012 net income of $6.985 million as compared to a net income of $4.373 million for 2011, a 59.7 percent increase. Earnings allocated to common shareholders were $4.919 million, or $0.54 basic and diluted earnings per share, compared to earnings of $2.584 million, or $.28 basic and diluted earnings [...] [...]

Trustmark’s profits soar on fewer bad loans, Florida acquisition

by Associated Press Published: April 25,2012

Tags: acquisitions, banking, Banks, earnings, finance, financial institutions, loan provisions, loans, mergers, new income, profits, publicly traded company

JACKSON — Trustmark Corp. said profits rose strongly in the first quarter as the bank set aside less for bad loans and earned a windfall on buying a Florida bank. The bank said it earned $30.3 million, or 47 cents per share, in the quarter that ended March 31. That’s 26 percent higher than the [...] [...]

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