DBRS Withdraws Ratings on Trustmark Corporation

DBRS, Inc. (DBRS) has today withdrawn its ratings on Trustmark Corporation (Trustmark or the Company) and its primary banking subsidiary, Trustmark National Bank. The decision to withdraw the ratings was made at DBRS’s discretion. The last rating action on these ratings was undertaken on September 5, 2014, when the Issuer & Senior Debt ratings of Trustmark were confirmed at BBB (high) with a Stable trend.

Notes:
The principal applicable methodology is the Global Methodology for Rating Banks and Banking Organisations (June 2014). Other applicable methodologies include the DBRS Criteria – Support Assessments for Banks and Banking Organisations (January 2014) and DBRS Criteria: Rating Bank Capital Securities – Subordinated, Hybrid, Preferred & Contingent Capital Securities (December 2013). These can be found at: http://www.dbrs.com/about/methodologies.

The primary sources of information used for this rating include company documents and SNL Financial. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

This is an unsolicited rating. This rating did not include participation by the rated entity or any related third party, and is based solely on publicly available information.

Lead Analyst: John Mackerey
Rating Committee Chair: William Schwartz
Initial Rating Date: 17 November 2011
Most recent rating update: 5 September 2014

For additional information on this rating, please refer to the linking document under Related Research.