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Trustmark Corporation Reports Q4 EPS of $.39

Trustmark Corporation (NASDAQ: TRMK) announced net income available to common shareholders of $25.2 million in the fourth quarter of 2010, which represented basic earnings per common share of $0.39. For the year ended December 31, 2010, Trustmark's net income available to common shareholders totaled $100.6 million, which represented basic earnings per common share of $1.58, an increase of 25.4% compared to figures one year earlier.

Trustmark's performance during 2010 produced a return on average tangible common equity of 12.31% and a return on average assets of 1.08%. Trustmark's Board of Directors declared a quarterly cash dividend of $0.23 per common share. The dividend is payable March 15, 2011, to shareholders of record on March 1, 2011.

Posted-In: Earnings News

 

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