Trustmark Future Growth

Future criteria checks 1/6

Trustmark is forecast to grow earnings and revenue by 3.2% and 4.7% per annum respectively while EPS is expected to grow by 3.8% per annum.

Key information

3.2%

Earnings growth rate

3.8%

EPS growth rate

Banks earnings growth	7.8%
Revenue growth rate	4.7%
Future return on equity	n/a
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NasdaqGS:TRMK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	791	177	N/A	N/A	6
12/31/2024	764	317	N/A	N/A	6
3/31/2024	728	157	N/A	N/A	N/A
12/31/2023	735	165	148	197	N/A
9/30/2023	735	95	152	201	N/A
6/30/2023	730	104	125	172	N/A
3/31/2023	710	93	191	237	N/A
12/31/2022	677	72	263	297	N/A
9/30/2022	648	132	295	330	N/A
6/30/2022	627	111	279	311	N/A
3/31/2022	637	125	297	327	N/A
12/31/2021	665	147	318	349	N/A
9/30/2021	697	172	310	342	N/A
6/30/2021	722	206	203	238	N/A
3/31/2021	697	190	194	228	N/A
12/31/2020	656	160	35	65	N/A
9/30/2020	623	143	74	105	N/A
6/30/2020	595	129	108	135	N/A
3/31/2020	600	139	-6	22	N/A
12/31/2019	603	150	86	116	N/A
9/30/2019	600	153	52	79	N/A
6/30/2019	592	148	129	158	N/A
3/31/2019	587	146	164	196	N/A
12/31/2018	587	150	211	239	N/A
9/30/2018	584	129	187	213	N/A
6/30/2018	585	127	200	222	N/A
3/31/2018	587	111	209	224	N/A
12/31/2017	585	106	N/A	207	N/A
9/30/2017	578	119	N/A	242	N/A
6/30/2017	569	115	N/A	193	N/A
3/31/2017	555	113	N/A	186	N/A
12/31/2016	547	108	N/A	148	N/A
9/30/2016	544	107	N/A	120	N/A
6/30/2016	547	105	N/A	133	N/A
3/31/2016	550	114	N/A	177	N/A
12/31/2015	553	116	N/A	173	N/A
9/30/2015	559	116	N/A	145	N/A
6/30/2015	564	121	N/A	176	N/A
3/31/2015	569	124	N/A	151	N/A
12/31/2014	571	124	N/A	211	N/A
9/30/2014	568	124	N/A	197	N/A
6/30/2014	569	123	N/A	287	N/A
3/31/2014	573	121	N/A	369	N/A
12/31/2013	570	117	N/A	301	N/A
9/30/2013	555	117	N/A	355	N/A
6/30/2013	534	114	N/A	192	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRMK's forecast earnings growth (3.2% per year) is above the savings rate (2.4%).

Earnings vs Market: TRMK's earnings (3.2% per year) are forecast to grow slower than the US market (14% per year).

High Growth Earnings: TRMK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TRMK's revenue (4.7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: TRMK's revenue (4.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TRMK's Return on Equity is forecast to be high in 3 years time

Trustmark Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 9.4% to US$32.60

Consensus EPS estimates increase by 88%

Price target increased by 7.2% to US$29.80

Consensus EPS estimates increase by 11%

Price target increased by 15% to US$25.55

Price target decreased by 7.1% to US$23.55

Recent updates

Price target increased by 9.4% to US$32.60

Consensus EPS estimates increase by 88%

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

First quarter dividend of US$0.23 announced

Investor sentiment improves as stock rises 16%

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Trustmark Corporation Declares a Quarterly Cash Dividend, Payable on June 15, 2024

Trustmark Corporation to Report Q1, 2024 Results on Apr 23, 2024

Price target increased by 7.2% to US$29.80

Trustmark Reportedly Puts Insurance Broking Unit Up for Sale

Trustmark Corporation, Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.23 per share

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

Consensus EPS estimates increase by 11%

Fourth quarter dividend of US$0.23 announced

Trustmark Corporation Announced Net Charge Off Result for the Fourth Quarter of Fiscal Year 2023

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on March 15, 2024

Trustmark Corporation to Report Q4, 2023 Results on Jan 23, 2024

Price target increased by 15% to US$25.55

Trustmark Corporation (NasdaqGS:TRMK) announces an Equity Buyback for $50 million worth of its shares.

Upcoming dividend of US$0.23 per share at 4.0% yield

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

Price target decreased by 7.1% to US$23.55

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2023

Trustmark Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.23 per share at 3.9% yield

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

Consensus EPS estimates increase by 17%

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

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Trustmark Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Now 21% undervalued after recent price drop

Price target decreased by 7.0% to US$25.20

Trustmark Corporation to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of US$0.23 per share at 4.2% yield

Independent Lead Director recently bought US$83k worth of stock

Insufficient new directors

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

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Price target decreased by 8.5% to US$28.83

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.23 per share at 3.1% yield

Consensus EPS estimates fall by 20%

Full year 2022 earnings: EPS misses analyst expectations

Trustmark Corporation Declares Quarterly Cash Dividend, Payable March 15, 2023

Consensus forecasts updated

Trustmark Corporation to Report Q4, 2022 Results on Jan 24, 2023

Trustmark Corporation (NasdaqGS:TRMK) announces an Equity Buyback for $50 million worth of its shares.

Upcoming dividend of US$0.23 per share

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

Price target increased to US$37.00

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

Price target increased to US$36.25

Trustmark Corporation Announces Income Guidance for 2022

Price target increased to US$35.25

Trustmark Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Trustmark Corporation to Report Q3, 2022 Results on Oct 25, 2022

Trustmark goes ex-dividend tomorrow

Upcoming dividend of US$0.23 per share

Consensus EPS estimates increase by 11%

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

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on September 15, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Trustmark Corporation to Report Q2, 2022 Results on Jul 26, 2022

Upcoming dividend of US$0.23 per share