UPDATE: Stifel Nicolaus Initiates Trustmark Corporation with Hold as Valuation is Full

Stifel Nicolaus initiates its coverage on Trustmark Corporation

with a Hold rating. Stifel Nicolaus notes, "While enviably positioned from a capital deployment potential, the share's valuation appropriately reflects the above-peer profitability of this steady franchise and we look for more attractive entry points to become more constructive in our rating, all else being equal. Our 2012 and 2013 EPS estimates are $1.81 and $1.84, respectively." TRMK closed at $24.20 on Wednesday.