Trustmark Corporation (TRMK) Q2 2024 Earnings Call Transcript

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Q2: 2024-07-23 Earnings Summary

EPS of $0.66 beats by $0.04
 | Revenue of $179.28M (-8.92% Y/Y) misses by $7.97M

Trustmark Corporation (NASDAQ:TRMK) Q2 2024 Earnings Call July 24, 2024 9:30 AM ET

Company Participants

Joey Rein - Investor Relations
Duane Dewey - President and Chief Executive Officer
Tom Owens - Chief Financial Officer
Barry Harvey - Chief Credit and Operations Officer
Tom Chambers - Chief Accounting Officer

Conference Call Participants

Catherine Mealor - KBW
Gary Tenner - D.A. Davidson

Operator

Good morning, ladies and gentlemen and welcome to Trustmark Corporation’s Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded. It is now my pleasure to introduce Mr. Joey Rein, Director of Corporate Strategy at Trustmark. Please go ahead sir.

Joey Rein

Good morning. I’d like to remind everyone that a copy of our second quarter earnings release as well as the slide presentation that will be discussed on our call this morning is available on the Investor Relations section of our website at trustmark.com.

During the call, management may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and we would like to caution you that these forward-looking statements may differ materially from actual results due to a number of risks and uncertainties, which are outlined in our earnings release and our other filings with the Securities and Exchange Commission.

At this time, I’d like to introduce Duane Dewey, President and CEO of Trustmark Corporation.

Duane Dewey

Thank you, Joey and good morning everyone. Thank you for joining us this morning. With me are Tom Owens, our Chief Financial Officer; Barry Harvey, our Chief Credit and Operations Officer; and Tom Chambers, our Chief Accounting Officer.

The second quarter was a very active quarter and productive for Trustmark. So we have a lot to share with you this morning on multiple fronts. During the quarter, we completed significant actions to increase

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