Welcome to our dedicated page for Trustmark news (Ticker: TRMK), a resource for investors and traders seeking the latest updates and insights on Trustmark stock.
Trustmark Corp (TRMK) provides banking, wealth management, and insurance services across the Southern United States. This page serves as the definitive source for all Trustmark-related news, offering investors and stakeholders timely access to official updates.
Find curated press releases covering earnings reports, regulatory filings, product launches, and leadership announcements. Our collection includes updates on community initiatives reflecting Trustmark's regional focus and corporate responsibility efforts.
Bookmark this page for streamlined tracking of TRMK's financial developments, merger/acquisition activity, and strategic partnerships. All content is sourced directly from company disclosures to ensure accuracy and compliance with financial reporting standards.
Trustmark Corporation (NASDAQ: TRMK) is set to release its fourth quarter 2021 financial results on January 25, 2022, after market close. CEO Duane A. Dewey will host a conference call for analysts on January 26, 2022, at 8:30 a.m. CT to discuss these results. The call can be accessed by calling (877) 317-3051 or through the Investor Relations section of their website. A replay will be available until February 9, 2022. Trustmark operates 180 offices across Alabama, Florida, Mississippi, Tennessee, and Texas.
Trustmark Corporation (TRMK) reported a net income of $21.2 million for Q3 2021, equating to a diluted earnings per share of $0.34. The results were impacted by a $4.3 million charge from a voluntary early retirement program and a $5.0 million regulatory settlement. Notably, loans held for investment grew by $22.0 million, while total deposits surged by $290.8 million. Despite these challenges, Trustmark declared a cash dividend of $0.23 per share, underscoring its commitment to returning value to shareholders.
Trustmark Corporation (NASDAQ: TRMK) announced settlements with the DOJ, OCC, and CFPB regarding Fair Housing Act violations in the Memphis area. The company will pay a $5 million civil penalty, invest $3.85 million over five years to enhance mortgage lending for minority communities, and commit $200,000 annually for outreach and education. Trustmark aims to improve access to mortgage products through various initiatives, including specialized lending programs. The settlements aim to expedite resolutions and foster equitable lending practices.
Trustmark Corporation (NASDAQ: TRMK) will announce its Q3 2021 financial results on October 26, 2021, after market close. CEO Duane A. Dewey will discuss the results in a conference call on October 27, 2021, at 8:30 a.m. Central Time. Interested parties can access the call by dialing (877) 317-3051 or visiting the Investor Relations section of their website. A replay will be available until November 10, 2021. Trustmark operates 180 offices across Alabama, Florida, Mississippi, Tennessee, and Texas.
Trustmark Corporation (NASDAQ: TRMK) announced a $60 million allocation under the New Markets Tax Credit Program through its subsidiary, Southern Community Capital, LLC. This funding will support community projects in low-income areas across Alabama, Florida, Mississippi, Tennessee, and Texas. Previously, SCC received $100 million in NMTC allocation awards. The NMTC program incentivizes private investment in economically distressed communities by providing tax credits. Trustmark aims to enhance community development and workforce training initiatives through this financial support.
Trustmark National Bank has announced a strategic collaboration with Commonwealth National Bank as part of the Project REACh Initiative aimed at enhancing economic access for Minority Depository Institutions.
The partnership will see Trustmark provide up to $2.5 million in loans and advisory services to Commonwealth, benefiting the Mobile, Alabama community. This effort seeks to support underserved populations through investment and technical assistance, reinforcing Trustmark's commitment to community service and economic empowerment.
Trustmark Corporation (TRMK) reported a net income of $48.0 million for Q2 2021, equating to diluted earnings per share of $0.76. The return on average tangible equity was 13.96%, and return on average assets was 1.13%. The company declared a quarterly cash dividend of $0.23 per share, payable on September 15, 2021. Significant highlights include a 38.2% increase in pre-provision net revenue and a decline of 17.9% in nonperforming assets. The total revenue increased 7.9% quarter-over-quarter, attributed to net interest income growth of 16.3%.
Trustmark Corporation (Nasdaq:TRMK) is set to release its second quarter 2021 financial results on July 27, 2021, after market close. CEO Duane A. Dewey will host a conference call on July 28, 2021, at 8:30 a.m. Central Time to discuss the results. Interested parties can join the call by dialing (877) 317-3051 or through the Investor Relations section on Trustmark's website. A replay of the call will be available until August 11, 2021. Trustmark operates 180 offices across Alabama, Florida, Mississippi, Tennessee, and Texas, providing various banking and financial services.
Trustmark Corporation (Nasdaq: TRMK) reported a net income of $52.0 million for Q1 2021, achieving diluted earnings per share of $0.82 and a return on average tangible equity of 15.56%. The company declared a quarterly cash dividend of $0.23 per share. Loan production from the Paycheck Protection Program reached $301.5 million, while total mortgage loan production was $766.6 million, a 67.7% increase year-over-year. Trustmark's total deposits rose 24.3% year-over-year, reaching $14.4 billion.
Trustmark Corporation (Nasdaq: TRMK) will release its Q1 2021 financial results on April 27, 2021, after market closure. CEO Duane A. Dewey will hold a conference call on April 28, 2021, at 8:30 a.m. CT to discuss these results. Interested listeners can access the call by dialing (877) 317-3051 or via the Investor Relations section on www.trustmark.com. The call will also be available for replay until May 12, 2021. Trustmark operates 181 offices across five states: Alabama, Florida, Mississippi, Tennessee, and Texas.
