The wealth management and insurance businesses of Trustmark Corp. added shine to the companys third-quarter performance, the Jackson, Miss.-based financial services company announced after the close of the market on Tuesday.
Wealth management services generated $7.5 million in revenue, up nearly $2 million, or 34%, from $5.6 million in the same quarter last year. Meanwhile insurance commissions rose to $8.2 million, a 9.2% increase year-over-year. Revenue from both wealth management and insurance commissions were up 8.4% and 2.7%, respectively, from the previous quarter.
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