Trustmark Corp (TRMK) Misses Q3 EPS by 13c

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Trustmark Corporation Announces Third Quarter 2021 Financial Results

October 26, 2021 4:30 PM EDT

Performance Reflects Continued Balance Sheet Growth, Strong Credit Quality and Disciplined Expense Management

JACKSON, Miss.--(BUSINESS WIRE)-- Trustmark Corporation (NASDAQGS: TRMK) reported net income of $21.2 million in the third quarter of 2021, representing diluted earnings per share of $0.34. Third quarter results include costs of a previously announced voluntary early retirement program, which reduced net income by $4.3 million, or approximately $0.07 per diluted share. Results for the quarter also include a previously disclosed charge to resolve allegations by regulatory authorities regarding fair lending matters, which reduced net income by $5.0 million, or... More