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Trustmark in Jackson, Miss., says it is starting to realize the benefits of its acquisition of BancTrust Financial Group.
July 24 -
ACH Alert announced Thursday that Trustmark National Bank of Jackson, Miss. has chosen it for its automated clearing house network fraud prevention services.
February 28 -
Trustmark (TRMK) in Jackson, Miss., posted double-digit quarterly earnings growth because of increased mortgage-banking activity and higher fee income.
January 23 -
Trustmark National Bank has purchased a web-based check capture and processing product from Fiserv.
November 1
Trustmark (TRMK) in Jackson, Miss.,
The $11.8 billion-asset company's earnings edged up 1% from a year earlier, to $28 million. At 42 cents, Trustmark's earnings per share missed the average estimate of analysts polled by Bloomberg by 4 cents.
Noninterest income fell 10% from a year earlier, to $38.7 million. Mortgage banking revenue fell 54% from a year earlier.
Net interest income rose 23% from a year earlier, to $105.6 million. The net interest margin expanded 16 basis points from a year earlier, to 4.10%.
Noninterest expense rose 20% from a year earlier, to $104.9 million. The company had a $2 million loan-loss recovery. Net chargeoffs totaled just $201,000 in the fourth quarter.
