Trustmark reports Q3 EPS 94c, consensus 93c

Reports Q3 revenue $202.4M, consensus $206.12M. Duane A. Dewey, President and CEO, stated, “Our momentum continues to build as reflected in Trustmark’s (TRMK) solid financial performance in the third quarter. Diversified loan growth and stable credit quality continued along with cost-effective core deposit growth. Our wealth management business performed well while our mortgage business continued to execute well in a challenging operating environment. We continued to implement organic growth initiatives and make investments to capitalize on opportunities in our marketplace. During the quarter, we added established relationship managers and production talent to accelerate profitable growth in key markets across our franchise. We will continue to add seasoned professionals with proven performance records to supplement our teams and expand and deepen customer relationships. These investments are designed to further enhance our financial performance and create long-term value for our shareholders.”