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Tag Archives: Trustmark Corp

Fitch Ratings gives Trustmark a 'stable' outlook

JACKSON — Fitch Ratings has affirmed Trustmark Corp.’s (TRMK) ratings at “BBB+”/”F2”. The rating outlook remains “stable”. Fitch wrote: “TRMK’s ‘BBB+’ ratings reflect its good asset quality and the leading market share in TRMK’s home state of Mississippi and growing market share in other parts of the southeastern U.S. Furthermore, Fitch positively views the company’s risk appetite measured by relatively ...

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Trustmark Corp. sees gain in quarterly profit

JACKSON — Regional bank Trustmark Corp. says profit in 2013’s fourth quarter rose 1 percent from the same three months of 2012, as the company worked to increase efficiency after its takeover of the former BancTrust Financial Group. Trustmark posted quarterly profit yesterday of $28 million, or 42 cents per share. That compares to $27.7 million, or 43 cents per ...

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Trustmark declares 23-cent dividend for 3rd quarter

Special to The MBJ JACKSON, Mississippi — Trustmark Corp. has announced a net income available to common shareholders of $33.0 million in the third quarter, which resulted in diluted earnings per common share of 49 cents, an increase of 6.5 percent from the prior quarter as well as from levels one year earlier. Trustmark’s performance during the quarter produced a ...

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Trustmark declares 23-cent dividend for 3rd quarter

JACKSON, Mississippi — Trustmark Corp. has announced a net income available to common shareholders of $33.0 million in the third quarter, which resulted in diluted earnings per common share of 49 cents, an increase of 6.5 percent from the prior quarter as well as from levels one year earlier. Trustmark’s performance during the quarter produced a return on average tangible ...

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Trustmark 2Q earnings get boost from wealth management, insurance gains

JACKSON, Mississippi — The wealth management and insurance businesses of $11.7 billion Trustmark Corp. turned in a solid financial performance in the second quarter, the Jackson.-based financial services company announced Wednesday. The website Bank Investment Consultant reports that wealth management services generated $6.9 million in revenue for Trustmark, up 20.4 percent year-over-year. Revenue from insurance commissions rose 11.6% to $8.0 ...

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Host elected to board

Gerard R. Host, president and CEO of Trustmark Corp., has been elected to the Federal Reserve Bank of Atlanta’s board of directors. His term runs through Dec. 31, 2015. Host joined Trustmark in 1984 and has served as COO, executive vice president and CFO; chairman of the board of Trustmark Financial Services Inc.; executive vice president of the company’s consumer ...

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Trustmark chooses Walker

Chip Walker has been named trust officer at Trustmark Corp. He is the real estate specialist for the Trust Department. Walker, a native of Laurel, earned a bachelor of arts degree from the University of Mississippi. He is a certified commercial investment member, registered landman and holds a Mississippi real estate broker license. Walker is married to the former, Liz ...

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Trustmark reports strong 3Q earnings

Jackson-based regional bank says its capital strength gives it ‘offensive’ options Coming off the disappointment of losing the acquisition of Cadence Bank in early October, Trustmark Corp. got a lift last week with third quarter earnings that paid 40 cents per common share, two cents higher than the analysts’ consensus estimate. The quarter’s showing gives a green light to Jackson’s Trustmark ...

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