Trustmark Corp (TRMK) Releases Earnings Results, Beats Expectations By $0.03 EPS

Trustmark Corp (TRMK) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.40 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.37. Analysts expectations of $142.03 million. During the same quarter in the previous year, the company posted $0.43 EPS.

Trustmark Corp opened for trading at $24.29 and hit $24.5639 on the upside on Friday, eventually ending the session at $24.42, with a gain of 0.87% or 0.21 points. The heightened volatility saw the trading volume jump to 4,11,810 shares. Company has a market cap of $1,651 M.

In a different news, on Feb 2, 2016, Donald Glynn Ingram (Executive Officer of) purchased 836 shares at $21.30 per share price. According to the SEC, on Nov 2, 2015, T Harris Iii Collier (Sec. of) sold 15,038 shares at $24.67 per share price. On Jan 30, 2015, Gerard R Host (President) purchased 10,000 shares at $21.29 per share price, according to the Form-4 filing with the securities and exchange commission.

Trustmark Corporation (Trustmark) is a bank holding company. Trustmark’s principal subsidiary is Trustmark National Bank (TNB). Through TNB and other subsidiaries Trustmark operates as a financial services organization providing banking and other financial solutions through approximately 205 offices in Alabama Florida Mississippi Tennessee and Texas. The Company operates through three segments: General Banking Insurance and Wealth Management. TNB provides a range of commercial banking services to corporations and other business customers. TNB also provides deposit services including checking savings and money market accounts and certificates of deposit as well as treasury management services. In addition TNB provides customers with installment and real estate loans and lines of credit. TNB provides mortgage banking services including construction financing production of conventional and government insured mortgages secondary marketing and mortgage servicing.

Trustmark Corp

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