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Dec 31, 2019
Trustmark Q4 2019 Earnings Report
Trustmark's financial performance reflected improved earning asset mix, continued loan growth, and solid credit quality.
Key Takeaways
Trustmark Corporation reported a net income of $33.9 million for Q4 2019, with diluted earnings per share of $0.53. The results were impacted by negative hedge ineffectiveness, which reduced net income by $2.2 million, or $0.03 per share. Loans held for investment increased by $112.0 million from the prior quarter.
Net income was $33.9 million, or $0.53 per share.
Loans held for investment increased $112.0 million from the prior quarter.
Cost of interest-bearing deposits declined 11 basis points to 0.85%.
Nonperforming loans decreased 9.8% from the prior quarter.
Revenue by Segment
Forward Guidance
Looking ahead to 2020, Trustmark will continue to provide financial services and advice, supporting investments to promote profitable revenue growth, reengineering processes to enhance operational efficiency, realigning delivery channels to support changing customer preferences and managing the franchise for the long-term.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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