(Previous story erroneously attributed quarterly results from BancTrust Financial Group (BTFG: Quote) to Trustmark Corporation (TRMK: Quote). Trustmark released its quarterly results on July 24. Those results can be found here. BancTrust is in the process of being acquired by Trustmark, in a merger deal announced in May. The transaction is expected to close in the fourth quarter)
BancTrust Financial Group reported that its second-quarter net loss available to common shareholders was $12.8 million or $0.71 per share, compared to a net income of $35,000 or $0.00 per share in the comparable quarter last year.
Net interest revenue for the second quarter of 2012 was $14.4 million, compared to $15.8 million in the second quarter of 2011, while total non-interest revenue for the period dropped to $4.7 million from $5.1 million in the year-ago quarter.
Click here to receive FREE breaking news email alerts for TRUSTMARK CORP and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News