TRMK - トラストマ―ク （Trustmark Corporation）

Credit rating agency Fitch Ratings on Thursday said it downgraded its long-term issuer default ratings for PacWest Bancorp PACW to BB+ from BBB-. Fitch also cut its rating on Western Alliance Bancorp WAL to BBB- from BBB+, and also downgraded the debt of Trustmark Corp. TRMK to BBB from BBB+. All told, Fitch said it reviewed the debt on 14 small and mid-sized banks. The downgrades were largely limited to a subset of banks that experienced either deposit outflows notably in excess of peers or low tangible capital levels,” Fitch said. Overall, banks are expected to face greater headwinds from the tightening liquidity environment, although results will differ depending on each bank’s geography and business model, Fitch said. When companies receive a debt downgrade, the cost of interest payments on their debt may rise. PacWest stock is up 10.3% in its second straight day of big gains, while Western Alliance Bancorp is up by 1.1% and Trustmark is down 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

https://www.investing.com/news/pro/trustmark-corp-receives-investment-bank-analyst-rating-update-3067855

Trustmark Corporation (NASDAQ:NASDAQ:TRMK) Q1 2023 Earnings Conference Call April 26, 2023 9:30 AM ETCompany ParticipantsJoey Rein - Senior Vice President & Director Corporate…

JACKSON, Miss. (AP) — JACKSON, Miss. (AP) — Trustmark Corp. (TRMK) on Tuesday reported first-quarter profit of $50.3 million. The…

Trustmark press release (TRMK): Q1 GAAP EPS of $0.82 beats by $0.15.Revenue of $192.45M (+23.0% Y/Y) beats by $2.69M.Nonaccrual loans totaled $72.4 million at March 31, 2023, up…

https://www.investing.com/news/pro/trustmark-corp-receives-investment-bank-analyst-rating-update-3037954

Ziegler, a national boutique investment bank, is pleased to announce the successful closing of $76,000,000 Series 2023 Bank Bonds for Brazos Presbyterian Homes, Inc. (BPH). The Series 2023 Bank Bonds are tax-exempt draw-down bonds supported by a three-bank syndicate comprised of Amegy Bank, Hancock Whitney and Trustmark. CHICAGO , March 16, 2023 /PRNewswire-PRWeb/ -- Ziegler, a national boutique investment bank, is pleased to announce the successful closing of $76,000,000 Series 2023 Bank Bonds for Brazos Presbyterian Homes, Inc. (BPH). The Series 2023 Bank Bonds are tax-exempt draw-down bonds supported by a three-bank syndicate comprised of Amegy Bank, Hancock Whitney and Trustmark. Organized on October 27, 1960 , BPH is a non-profit corporation that ranks as the 129th largest multi-site non-profit senior living provider in the LeadingAge Ziegler which is a ranking of the nation''s 200 largest not-for-profit senior living organizations across the country. BPH owns and operates three continuing care retirement communities in Texas : Brazos Towers at Bayou Manor, The Hallmark and Longhorn Village (LHV).

Trustmark (NASDAQ:TRMK) declares $0.23/share quarterly dividend, in line with previous.Forward yield 3.08%Payable March 15; for shareholders of record March 1; ex-div Feb.

https://www.investing.com/news/pro/trustmark-pt-lowered-to-33-at-da-davidson-432SI-3014028

Upgrades According to BMO Capital, the prior rating for Focus Financial Partners Inc (NASDAQ: FOCS ) was changed from Market Perform to Outperform. Focus Finl Partners earned $0.99 in the fourth quarter, compared to $0.94 in the year-ago quarter. The stock has a 52-week-high of $53.53 and a 52-week-low of $30.27. At the end of the last trading period, Focus Finl Partners closed at $50.12. Guggenheim upgraded the previous rating for Alliant Energy Corp (NASDAQ: LNT ) from Sell to Neutral. In the third quarter, Alliant Energy showed an EPS of $0.93, compared to $1.02 from the year-ago quarter. The stock has a 52-week-high of $65.37 and a 52-week-low of $47.19. At the end of the last trading period, Alliant Energy closed at $53.97. According to Janney Montgomery Scott, the prior rating for HomeTrust Bancshares Inc (NASDAQ: HTBI ) was changed from Neutral to Buy. For the second quarter, HomeTrust Bancshares had an EPS of $0.90, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $31.11 and a 52-week-low of $21.55.

Trustmark (NASDAQ:TRMK) declares $0.23/share quarterly dividend, in line with previous.Forward yield 3.08%Payable March 15; for shareholders of record March 1; ex-div Feb.

https://www.investing.com/news/pro/trustmark-pt-lowered-to-33-at-da-davidson-432SI-3014028

Upgrades According to BMO Capital, the prior rating for Focus Financial Partners Inc (NASDAQ: FOCS ) was changed from Market Perform to Outperform. Focus Finl Partners earned $0.99 in the fourth quarter, compared to $0.94 in the year-ago quarter. The stock has a 52-week-high of $53.53 and a 52-week-low of $30.27. At the end of the last trading period, Focus Finl Partners closed at $50.12. Guggenheim upgraded the previous rating for Alliant Energy Corp (NASDAQ: LNT ) from Sell to Neutral. In the third quarter, Alliant Energy showed an EPS of $0.93, compared to $1.02 from the year-ago quarter. The stock has a 52-week-high of $65.37 and a 52-week-low of $47.19. At the end of the last trading period, Alliant Energy closed at $53.97. According to Janney Montgomery Scott, the prior rating for HomeTrust Bancshares Inc (NASDAQ: HTBI ) was changed from Neutral to Buy. For the second quarter, HomeTrust Bancshares had an EPS of $0.90, compared to year-ago quarter EPS of $0.68. The stock has a 52-week-high of $31.11 and a 52-week-low of $21.55.

https://www.investing.com/news/pro/trustmark-pt-lowered-to-31-at-piper-sandler-432SI-2988655

NEW YORK - Stocks that traded heavily or had substantial price changes Wednesday: Boeing Co., up 70 cents to $212.68. The aerospace-defense giant reported a big fourth-quarter…