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.

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Information from: The Clarion-Ledger, http://www.clarionledger.com

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


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