Trustmark (bank)

Last updated
Trustmark National Bank
Company type Public company
Nasdaq:  TRMK
S&P 600 component
Russell 2000 component
Industry Banking
Financial services
PredecessorsThe Jackson Bank
Jackson State National Bank
First National Bank
First Capital Corporation
FoundedNovember 14, 1889;134 years ago (1889-11-14) (as The Jackson Bank)
1949;75 years ago (1949) (as First National Bank of Jackson)
1968;56 years ago (1968) (as First Capital Corporation)
September 17, 1985;38 years ago (1985-09-17) (as Trustmark National Bank)
FounderP.W. Peeples [1]
Headquarters
Area served
Mississippi
Alabama
Florida
Tennessee
Texas
Key people
Gerard R. Host, President and CEO
Duane A Dewey, COO
William G. Yates, Director
[2]
Products Retail banking
Commercial bank
Credit cards
Mortgage loans [3]
RevenueIncrease2.svg $189.782 million (2020) [2]
Increase2.svg $160.125 million (2020) [2]
Total assets Increase2.svg $16.609 billion (2020) [2]
Total equity Increase2.svg $1.741 billion (2020) [2]
Number of employees
2,797 (2020) [2]
Website trustmark.com

Trustmark is an American commercial bank and financial services company headquartered in Jackson, Mississippi, United States, with subsidiaries Trustmark National Bank, Trustmark Investment Advisors, and Fisher Brown Bottrell Insurance. The bank's initial predecessor, The Jackson Bank, was chartered by the State of Mississippi in 1889. Through numerous acquisitions and name changes, the Trustmark brand began in 1971, and the bank now serves Mississippi, Alabama, the Florida Panhandle, Memphis, and Houston. In 2017, the bank was named the "best regional bank" in the South, by Kiplinger's, [4] and named a "best-in-state" bank by Forbes in 2021. [5]

Contents

Financial condition

As of September 2021, the bank had $17.36 billion in assets and $15.03 billion in deposits. [6]

See also

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References

  1. Goodspeed’s (c. 1935). Memoirs of Mississippi. Pelican. ISBN   9781455601196.
  2. 1 2 3 4 5 6 "TRMK - Trustmark Corp. Company Profile & Executives - WSJ". Wall Street Journal. Dow Jones & Company.
  3. "Trustmark Corporation Form 10-K Annual Report 2020". U.S. Securities and Exchange Commission.
  4. Gerstner, Lisa. "Best Regional Banks, 2017". Kiplinger. Dennis Publishing Ltd. Retrieved 13 December 2021.
  5. Prewett, Nathan (29 July 2021). "Trustmark named to 2021 Best-In-State Banks list by Forbes". Selma Sun. Retrieved 13 December 2021.
  6. "Trustmark National Bank". FDIC Institution Directory. Retrieved 2021-12-05.