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Jun 30, 2021
Trustmark Q2 2021 Earnings Report
Performance reflected continued balance sheet growth, strong credit quality and disciplined expense management.
Key Takeaways
Trustmark Corporation reported a net income of $48.0 million for Q2 2021, resulting in diluted earnings per share of $0.76. The results reflect continued balance sheet growth, solid credit quality and disciplined expense management.
Pre-provision net revenue totaled $57.2 million, a linked-quarter increase of 38.2%.
Sale of $354.2 million of Paycheck Protection Program (PPP) loans originated in 2021 resulted in accelerated recognition of $18.6 million in origination fees, which is included in net interest income
Credit quality remained solid; nonperforming assets declined 17.9% linked-quarter
Noninterest expense declined 2.4% linked-quarter
Trustmark
Trustmark
Trustmark Revenue by Segment
Revenue by Segment
Wealth management Revenue
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