Trustmark's earnings dip for quarter, year

JACKSON, Miss. (AP) -- Jackson-based Trustmark Corp. has reported that earnings fell 16 percent to $91.1 million, or $1.59 per basic share, in 2008 from $108.6 million, or $1.88 per basic share, a year earlier.

For the quarter ended Dec. 31, Trustmark earned $24 million compared to $23.8 million a year earlier.

Trustmark chairman and CEO Richard G. Hickson said Wednesday that the bank is pleased with its report considering the present economic conditions.

The company's board also declared a quarterly dividend of 23 cents per share payable March 15 to shareholders of record March 1.

Trustmark Bank operates more than 150 offices in Florida, Mississippi, Tennessee and Texas.


Information from: The Clarion-Ledger,

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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