BNET Industries
Market Cap:$1.0B
Last Fiscal Year Sales:$660.5M
- Public
- US
Dow Jones Description
Trustmark Corporation (Trustmark), a Mississippi business corporation incorporated in 1968, is a bank holding company headquartered in Jackson, Mississippi. Trustmark's principal subsidiary is Trustmark National Bank (TNB), initially chartered by the State of Mississippi in 1889. TNB represents in excess of 98% of the assets and revenue of Trustmark. Through TNB and its other subsidiaries, Trustmark operates as a financial services organization providing banking and other financial solutions through approximately 150 offices and 2,600 associates located in the states of Mississippi, Tennessee (in Memphis and the Northern Mississippi region, which is collectively referred to herein as Trustmark's Tennessee market), Florida (primarily in the northwest or "Panhandle" region of that state) and Texas (primarily in Houston, which is referred to herein as Trustmark's Texas market). The principal products produced and services rendered by TNB are as follows: Commercial Banking TNB provides a full range of commercial banking services to corporations and other business clients. Loans are provided for a variety of general corporate purposes, including financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate and construction and land development. TNB also provides deposit services, including checking, savings and money market accounts and certificates of deposit as well as treasury management services.
Number of Employees 2,607
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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TrustMark Auto closes $134,750 financing
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Trustmark Q3 Profits Rises - Update
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Trustmark Corporation Announces Second Quarter 2009 Financial Results and Declares $0.23 Quarterly Cash Dividend
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B. Riley & Co. LLC raises Trustmark to 'neutral'
News & Analysis
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Trustmark Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Kevin Fitzsimmons – Sandler O'Neill. Kevin Fitzsimmons – Sandler O'Neill & Partners Richard, I was wondering given your comments that it seems like the movement into OREO is kind of freed up in Florida and you've been able...
Trustmark Corporation Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions We’ll take our first question from Kevin Fitzsimmons with Sandler O'Neil Kevin Fitzsimmons – Sandler O'Neil Good morning Richard. Richard Hickson Good morning Kevin, how are you? Kevin Fitzsimmons – Sandler O'Neil Good, thanks for having me. A couple of questions; first I know you...
Trustmark Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Ladies and gentlemen, our question-and-answer session will be conducted electronically. Operator instructions And for our first question we go to Kevin Fitzsimmons with Sandler O'Neill. Kevin Fitzsimmons – Sandler O'Neill Good morning everyone. Richard Hickson Good morning, Kevin. Thank you for calling in. Kevin...
Trustmark Corp. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you, sir. The Question and Answer session will be conducted electronically. (Operator instructions.) Well go first to John Pancari with J.P. Morgan. John Pancari - J.P. Morgan Good morning. Richard Hickson Morning, John. John Pancari - J.P. Morgan Can...
Dividend Investment Myths
Dividend Inc. submits: There is a commonly told myth that says that companies that pay a dividend misallocate funds that could be used to generate new revenue or grow the company. According to this myth the lack of growth in the company will keep the stock's price low...
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