Trustmark boosts 2Q profit - - Jackson, MS

Trustmark boosts 2Q profit


JACKSON, Miss. (AP) - Regional banker Trustmark Corp. says it nearly doubled its second-quarter profit through the combination of more revenue and reductions in problem loans.

For the three months ending June 30, Trustmark earned $26.2 million, or 41 cents per share, compared with year-ago earnings in the second quarter of $13.4 million, or 23 cents per share.

Analysts surveyed by Thomson Reuters, on average, had forecast per-share earnings of 35 cents for the latest quarter.

Trustmark operates in Mississippi, Florida, Tennessee and Texas.

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