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Trustmark Q2 Profit Declines

Trustmark Corp. (TRMK) reported net income for the second quarter of $29.3 million or $0.45 per share, compared to $31.6 million or $0.49 per share for the year-ago quarter.

Net interest income for the second quarter declined to $89.9 million from $91.5 million a year earlier, while non-interest income for the quarter fell to $43.8 million from $46.4 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.44 per share on revenue of $132.40 million for the second quarter.

Trustmark declared a quarterly cash dividend of $0.23 per share, payable on September 15 to shareholders of record on September 1.

by RTTNews Staff Writer

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