Welcome to our dedicated page for Trustmark news (Ticker: TRMK), a resource for investors and traders seeking the latest updates and insights on Trustmark stock.
Trustmark Corp (TRMK) provides banking, wealth management, and insurance services across the Southern United States. This page serves as the definitive source for all Trustmark-related news, offering investors and stakeholders timely access to official updates.
Find curated press releases covering earnings reports, regulatory filings, product launches, and leadership announcements. Our collection includes updates on community initiatives reflecting Trustmark's regional focus and corporate responsibility efforts.
Bookmark this page for streamlined tracking of TRMK's financial developments, merger/acquisition activity, and strategic partnerships. All content is sourced directly from company disclosures to ensure accuracy and compliance with financial reporting standards.
Trustmark Corporation (NASDAQGS:TRMK) reported net income of $50.3 million for Q1 2023, equating to diluted earnings per share of $0.82. The company achieved a return on average tangible equity of 18.03% and a return on average assets of 1.10%. Loan and deposit growth were both up 2.4%, with loans held for investment totaling $12.5 billion and total deposits at $14.8 billion. Noninterest income saw a 13.7% increase linked-quarter to $51.4 million, although total revenue decreased 1.5% from the previous quarter to $189.0 million. The company remains focused on enhancing operational efficiency and managing expenses, evidenced by a 1.6% decrease in noninterest expenses.
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