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Tag Archives: Jerry Host

Trustmark CEO Gerard Host to address Gulf South Bank Conference

JACKSON — Trustmark Corporation (NASDAQ:TRMK) President and CEO Gerard R. Host will address analysts and investors attending the Gulf South Bank Conference at The Ritz-Carlton Hotel in New Orleans on Monday at 1 p.m. Trustmark Corporation is a financial services company providing banking and financial solutions through 202 offices in Alabama, Florida, Mississippi, Tennessee and Texas.  

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Trustmark in deal to acquire Panhandle’s Bay Bank

In a move that will return Jackson-based Trustmark Corp. to the scene of some its biggest commercial real estate loan troubles, the regional bank has signed a definitive agreement to acquire Bay Bank & Trust Co. of Panama City in a $22 million transaction. Trustmark CEO Jerry Host said the acquisition of the 76-year-old, $247 million bank gives the bank ...

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MEC elects officers

Tommy Dulaney, president and CEO of Structural Steel Services Inc., has been elected as the 2011-2012 Mississippi Economic Council chair. Jerry Host, president and CEO of Trustmark, was elected to serve as the 2012-13 MEC chair. Haley Fisackerly, president and CEO of Entergy Mississippi, was chosen as the 2013-14 MEC chair. Carl Chaney, president and CEO of Hancock Holding Company, ...

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Trustmark sees acquisition of Heritage as key to filling in Highway 16 gaps

With capital accumulating, Trustmark National Bank has been hunting for acquisitions to expand its footprint, but the regional bank didn’t go far from its Jackson headquarters for the prey it bagged April 15. At 6 p.m. that day, regulators shut down Carthage-based Heritage Banking Group’s nine locations and turned them over to Trustmark, a publicly held regional bank with operations ...

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National bankers group encouraged by bid to quash debit-fee cap

By Ted Carter The American Bankers Association says legislation introduced in the Senate Tuesday gives it hope that banks can avoid a pending cut in the fees they receive from merchants on debit card transactions. The so-called Durbin amendment, named after sponsor Sen. Dick Durbin of Illinois, mandates the Federal Reserve’s Board of Governors put a cap on the fees ...

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Trustmark says it put big dent in Florida loan woes, has Texas acquisitions on radar

JACKSON — Delivering his first quarterly earnings presentation as Trustmark CEO last Wednesday, Jerry Host said the regional banking company is on the verge of putting its single biggest headache behind it — the Florida loan portfolio — and is ready to pursue acquisitions, possibly in Texas. On the eve of the four quarter earnings conference, Trustmark announced net income ...

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Trustmark loss of CADENCE stings but it’s not permanent

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 investment banking firm. He noted ...

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Same office, new title

Host named president and chief executive officer of Trustmark Jerry Host sat in his roomy, comfortable office, sipping a cup of coffee while he reflected on his career at Trustmark National Bank, which began as the assistant manager of the bank’s investment department. “I started out right here in this very office,” said Host with a wry smile. “We had ...

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MEC elects new board officers

Jack Reed Jr., mayor of Tupelo, has been elected as the 2010-2011 chair of the Mississippi Economic Council – The State Chamber of Commerce. Reed, a Tupelo native, was elected mayor in 2009. He is also president of R.W. Reed Company, the parent company of Reed’s Department Store. His father, Jack Reed Sr., served as MEC chair in 1963-64. Tommy ...

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