Trustmark Corp (TRMK) is Upgraded by Keefe Bruyette to Mkt Perform

Trustmark Corp (TRMK) was Upgraded by Keefe Bruyette to ” Mkt Perform”. Earlier the firm had a rating of “Underperform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Jul 28, 2016.

On the company’s financial health, Trustmark Corp reported $0.40 EPS for the quarter, based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus estimate of $0.40.Analysts expectations of $ 145.84.During the same quarter in the previous year, the company posted $0.45 EPS.

Trustmark Corp opened for trading at $26.55 and hit $26.62 on the upside on Thursday, eventually ending the session at $26.27, with a gain of 0.92% or 0.24 points. The heightened volatility saw the trading volume jump to 3,76,061 shares. Company has a market cap of $1,776 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

Leave a Reply

Trustmark Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Trustmark Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.