Trustmark Balance Sheet Health

Financial Health criteria checks 6/6

Trustmark has total assets of $18.7B and total equity of $1.7B. Total deposits are $15.6B, and total loans are $12.8B. It earns a Net Interest Margin of 3.3%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $998.9M.

Key information

11.3x

Asset to equity ratio

3.3%

Net interest margin

Total deposits	US$15.57b
Loan to deposit ratio	Appropriate
Bad loans	0.8%
Allowance for bad loans	Sufficient
Current ratio	Low
Cash & equivalents	US$998.86m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: TRMK's Assets to Equity ratio (11.3x) is moderate.

Allowance for Bad Loans: TRMK has a sufficient allowance for bad loans (139%).

Low Risk Liabilities: 91% of TRMK's liabilities are made up of primarily low risk sources of funding.

Loan Level: TRMK has an appropriate level of Loans to Assets ratio (68%).

Low Risk Deposits: TRMK's Loans to Deposits ratio (82%) is appropriate.

Level of Bad Loans: TRMK has an appropriate level of bad loans (0.8%).

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Trustmark Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

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

Price target decreased to US$31.75

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

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Trustmark Corporation to Report Q1, 2022 Results on Apr 26, 2022

Upcoming dividend of US$0.23 per share

Now 21% undervalued after recent price drop

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

Full year 2021 earnings: EPS misses analyst expectations

Trustmark Corporation (NasdaqGS:TRMK) announces an Equity Buyback for $100 million worth of its shares.

Upcoming dividend of US$0.23 per share

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

Third quarter 2021 earnings released: EPS US$0.34 (vs US$0.86 in 3Q 2020)