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Trustmark NasdaqGS:TRMK Stock Report

Last Price

US$37.50

Market Cap

US$2.3b

7D

5.1%

1Y

38.1%

Updated

31 Jan, 2025

Data

Company Financials +

Trustmark Corporation

NasdaqGS:TRMK Stock Report

Market Cap: US$2.3b

TRMK Stock Overview

Operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. More details

TRMK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends4/6

Rewards

Earnings are forecast to grow 53.77% per year

Risk Analysis

Profit margins (8.5%) are lower than last year (22.5%)

Dividend of 2.56% is either not well covered by earnings currently or not forecast to be covered

Significant insider selling over the past 3 months


Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 5 Analysts

Expansion Into Equipment Finance And Mortgages Will Support Future Profitability

Key Takeaways Restructuring and strategic deposit pricing are boosting net interest income and stabilizing costs, potentially enhancing revenue and net margins. Expansion in Equipment Finance and mortgages, alongside disciplined expense management, could drive revenue growth and increase profitability.
View narrative
US$41.75
FV
10.2% undervalued intrinsic discount
17.76%
Revenue growth p.a.
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0users have followed this narrative
2 days ago author updated this narrative

My Notes

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Trustmark Corporation Competitors

WesBanco

NasdaqGS:WSBC

US$2.3b

Banner

NasdaqGS:BANR

US$2.4b

Renasant

NYSE:RNST

US$2.5b

NBT Bancorp

NasdaqGS:NBTB

US$2.3b

Price History & Performance

Summary of share price highs, lows and changes for Trustmark
Historical stock prices
Current Share PriceUS$37.50
52 Week HighUS$40.73
52 Week LowUS$25.24
Beta0.76
1 Month Change6.02%
3 Month Change9.62%
1 Year Change38.12%
3 Year Change14.78%
5 Year Change16.50%
Change since IPO997.56%

Recent News & Updates

Recent updates

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Oct 26
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Aug 22
Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

Jul 27
Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

Trustmark: A Low Yield At A Large Premium

May 23

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Apr 27
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Feb 06
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23

Oct 28
Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Aug 21
Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Jul 29
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Apr 29
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Nov 17
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Trustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23

Nov 01
Trustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23

Shareholder Returns

TRMKUS BanksUS Market
7D5.1%1.4%-0.5%
1Y38.1%42.2%24.3%

Return vs Industry: TRMK underperformed the US Banks industry which returned 42.2% over the past year.

Return vs Market: TRMK exceeded the US Market which returned 24.3% over the past year.

Price Volatility

Is TRMK's price volatile compared to industry and market?
TRMK volatility
TRMK Average Weekly Movement5.4%
Banks Industry Average Movement5.1%
Market Average Movement6.5%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: TRMK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TRMK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18892,500Duane Deweywww.trustmark.com

Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; financing for commercial and industrial projects, income-producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit, as well as treasury management services.

Trustmark Corporation Fundamentals Summary

How do Trustmark's earnings and revenue compare to its market cap?
TRMK fundamental statistics
Market capUS$2.29b
Earnings (TTM)US$45.21m
Revenue (TTM)US$532.32m

50.7x

P/E Ratio

1.2x

P/B Ratio

Is TRMK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRMK income statement (TTM)
RevenueUS$532.32m
Cost of RevenueUS$0
Gross ProfitUS$532.32m
Other ExpensesUS$487.11m
EarningsUS$45.21m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.74
Gross Margin100.00%
Net Profit Margin8.49%
Debt/Equity Ratio41.3%

How did TRMK perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

124%

Payout Ratio

Does TRMK pay a reliable dividends?

See TRMK dividend history and benchmarks
When do you need to buy TRMK by to receive an upcoming dividend?
Trustmark dividend dates
Ex Dividend DateFeb 28 2025
Dividend Pay DateMar 15 2025
Days until Ex dividend27 days
Days until Dividend pay date42 days

Does TRMK pay a reliable dividends?

See TRMK dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 00:19
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Trustmark Corporation is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew StappB. Riley Securities, Inc.
Gary TennerD.A. Davidson & Co.
Barry SineDrexel Hamilton