Trustmark Corp (TRMK) Tops Q3 EPS by 1c

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Trustmark Corporation Announces Third Quarter 2016 Financial Results

October 25, 2016 4:30 PM EDT

JACKSON, Miss.--(BUSINESS WIRE)-- Trustmark Corporation (NASDAQ: TRMK) reported net income of $31.0 million in the third quarter of 2016, which represented diluted earnings per share of $0.46. This level of earnings resulted in a return on average tangible common equity of 11.16% and a return on average assets of 0.95%. Diluted earnings per share in the third quarter of 2016 increased 9.5% relative to the same period in the prior year and 15.0% from the prior quarter when a one-time charge related to a voluntary early retirement program (ERP) in that quarter is excluded. Trustmarks Board of Directors... More