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Trustmark Corp. - TRMK STOCK NEWS

Welcome to our dedicated news page for Trustmark (Ticker: TRMK), a resource for investors and traders seeking the latest updates and insights on Trustmark.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Trustmark's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Trustmark's position in the market.

Rhea-AI Summary
Trustmark (TRMK) to Release First Quarter 2024 Financial Results; CEO to Host Conference Call
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Rhea-AI Summary
Trustmark Corporation (NASDAQGS:TRMK) reported net income of $36.1 million in Q4 2023, with a full-year net income of $165.5 million. The company also declared a quarterly cash dividend of $0.23 per share. Loans held for investment increased by 6.1% in 2023, and deposits increased by 7.8%. Trustmark's net interest income increased by 11.7% in 2023, and noninterest income represented 27.2% of total revenue. The company has maintained a strong capital position and a solid liquidity position. However, the net interest margin decreased by 4 basis points in the fourth quarter, and noninterest expense increased by 5.9% from the prior year.
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Rhea-AI Summary
Trustmark Corporation (TRMK) will announce its Q4 2023 financial results on January 23, 2024. President and CEO Duane A. Dewey will conduct a conference call on January 24, 2024, to discuss the results. Trustmark is a financial services company operating in 6 states. For more information, visit trustmark.com.
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Trustmark Corporation reports net income of $34.0 million in Q3 2023, with diluted earnings per share of $0.56. Excluding a litigation settlement expense, net income totaled $38.9 million, or $0.64 per share. Loans held for investment increased by 1.6% to $12.8 billion, while deposits expanded by 1.3% to $15.1 billion. Net interest income totaled $141.9 million, down $1.4 million linked-quarter. Noninterest income was $52.2 million, representing 27.4% of total revenue. Credit quality remained solid with net charge-offs totaling $3.6 million. Trustmark's Board of Directors declared a quarterly cash dividend of $0.23 per share.
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Trustmark Corporation (NASDAQGS:TRMK) will announce its Q3 2023 financial results on October 24, 2023. Duane A. Dewey, President and CEO, will conduct a conference call on October 25, 2023, to discuss the results.
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Trustmark Corp.

Nasdaq:TRMK

TRMK Rankings

TRMK Stock Data

1.60B
59.29M
8.72%
69.04%
2.68%
Commercial Banking
Finance and Insurance
Link
US
Jackson

About TRMK

trustmark is one of the south’s most respected banks, with $12 billion in assets and over 200 locations in alabama, florida, mississippi, tennessee and texas. we provide banking, wealth management and insurance solutions through our subsidiaries, including trustmark national bank, trustmark investment advisors, inc. and fisher brown bottrell insurance, inc. for 125 years, trustmark has been serving families, businesses and communities with a sound and conservative banking philosophy. we are solid, profitable, well-capitalized and ready to assist in meeting your financial needs. "people you trust. advice that works." that is how we define ourselves at trustmark. we believe in building strong customer relationships, and we work hard to know and understand our customers. we realize the trust you place in your financial institution, and we look forward to demonstrating the value behind our name when you join the trustmark family. equal housing lender | member fdic privacy policy: www