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Trustmark: Q4 Earnings Insights


Benzinga | Jan 26, 2021 04:52PM EST

Trustmark: Q4 Earnings Insights

Shares of Trustmark (NASDAQ:TRMK) decreased in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 44.64% year over year to $0.81, which beat the estimate of $0.67.

Revenue of $180,434,000 rose by 15.43% from the same period last year, which beat the estimate of $173,800,000.

Outlook

Trustmark hasn't issued any earnings guidance for the time being.

Trustmark hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $33.98

Company's 52-week low was at $20.08

Price action over last quarter: Up 31.43%

Company Profile

Trustmark Corp with over $12 billion in assets and more than 200 branches, Trustmark provides banking, insurance, and wealth management services in Mississippi, Alabama, Memphis, Houston, and the Florida Panhandle. Roughly 65% of its loans are in Mississippi, 12% in Houston, 10% in Alabama, and the rest are split between Memphis and Florida. Around three-fourths of its revenue comes from general banking, while insurance and wealth management services combine for roughly 10%.






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