Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Trustmark Corporation (TRMK)
Last trustmark corporation earnings: 4/28 04:30 pm
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/100464
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Source: Business Wire
Record Loan Growth, Solid Credit Quality, Expanded Net Interest Margin JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQGS:TRMK) reported a loss of $34.1 million, or $0.56 per diluted share, in the fourth quarter of 2022. As previously disclosed, Trustmark agreed to a settlement that, pending court approval, will resolve all current and potential future claims relating to litigation involving the Stanford Financial Group that began in 2009. In the fourth quarter, Trustmark recognized litigation settlement expense of $100.0 million as well as an additional $750 thousand in legal fees, which are included in noninterest expense. The litigation settlement expense reduced fourth quarter net income by $75.6 million, or $1.24 per diluted share. Excluding this expense, Trustmark’s fourth quarter net income totaled $41.5 million, or $0.68 per diluted share. For the full year, Trustmark’s net income totaled $71.9 million, representing diluted earnings per share of $1.17. Excludi
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News
- Trustmark Corporation (NASDAQ:TRMK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Trustmark Co. (NASDAQ: TRMK) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $36.00 price target on the stock, up previously from $30.00.MarketBeat
- Compared to Estimates, Trustmark (TRMK) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Trustmark (TRMK) Surpasses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Trustmark to sell Fisher Brown Bottrell Insurance to Marsh & McLennan Agency [Seeking Alpha]Seeking Alpha
TRMK
Earnings
- 4/23/24 - Beat
TRMK
Sec Filings
- 4/24/24 - Form 8-K
- 4/23/24 - Form 8-K
- 3/13/24 - Form DEFA14A
- TRMK's page on the SEC website