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Trustmark Corporation offers banking and financial solutions in Alabama, Florida, Mississippi, and Texas.
The bank has a strong capital position and a long history, but the performance is not very attractive thus far.
Most importantly, the shares are trading at a premium to tangible book value and the yield is too low to offset a potential opportunity cost.
Trustmark Corporation ( TRMK ), incorporated in 1968 and headquartered in Jackson, Mississippi, offers banking and other financial solutions in Alabama, Florida, Mississippi, and Texas. ...