Trustmark Management
Management criteria checks 4/4
Trustmark's CEO is Duane Dewey, appointed in Jan 2021, has a tenure of 3.92 years. total yearly compensation is $2.84M, comprised of 29.6% salary and 70.4% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $4.28M. The average tenure of the management team and the board of directors is 3.8 years and 8.7 years respectively.
Key information
Duane Dewey
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 29.6% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23
Oct 26
Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23
Aug 22Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23
Jul 27Trustmark: A Low Yield At A Large Premium
May 23Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23
Apr 27Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23
Feb 06Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23
Oct 28Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23
Aug 21Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23
Jul 29Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23
Apr 29Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23
Nov 17Trustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23
Nov 01Trustmark goes ex-dividend tomorrow
Aug 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$35m |
| Jun 30 2024 | n/a | n/a | US$14m |
| Mar 31 2024 | n/a | n/a | US$156m |
| Dec 31 2023 | US$3m | US$842k | US$165m |
| Sep 30 2023 | n/a | n/a | US$85m |
| Jun 30 2023 | n/a | n/a | US$97m |
| Mar 31 2023 | n/a | n/a | US$90m |
| Dec 31 2022 | US$3m | US$783k | US$72m |
| Sep 30 2022 | n/a | n/a | US$132m |
| Jun 30 2022 | n/a | n/a | US$111m |
| Mar 31 2022 | n/a | n/a | US$125m |
| Dec 31 2021 | US$2m | US$700k | US$147m |
| Sep 30 2021 | n/a | n/a | US$172m |
| Jun 30 2021 | n/a | n/a | US$206m |
| Mar 31 2021 | n/a | n/a | US$190m |
| Dec 31 2020 | US$2m | US$500k | US$160m |
| Sep 30 2020 | n/a | n/a | US$143m |
| Jun 30 2020 | n/a | n/a | US$129m |
| Mar 31 2020 | n/a | n/a | US$139m |
| Dec 31 2019 | US$1m | US$450k | US$150m |
| Sep 30 2019 | n/a | n/a | US$153m |
| Jun 30 2019 | n/a | n/a | US$148m |
| Mar 31 2019 | n/a | n/a | US$146m |
| Dec 31 2018 | US$796k | US$369k | US$150m |
| Sep 30 2018 | n/a | n/a | US$129m |
| Jun 30 2018 | n/a | n/a | US$127m |
| Mar 31 2018 | n/a | n/a | US$111m |
| Dec 31 2017 | US$805k | US$362k | US$106m |
Compensation vs Market: Duane's total compensation ($USD2.84M) is below average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Duane's compensation has been consistent with company performance over the past year.
CEO
Duane Dewey (65 yo)
3.9yrs
Tenure
US$2,840,046
Compensation
Mr. Duane Arthur Dewey, CFP, has been President and Chief Executive Officer of Trustmark Corporation and Trustmark National Bank since January 1, 2021. He has served as Director at Trustmark Corporation an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$2.84m | 0.20% $ 4.3m | |
| Principal Financial Officer & Treasurer | 3.8yrs | US$999.17k | 0.066% $ 1.5m | |
| Secretary | 9yrs | US$1.07m | 0.076% $ 1.7m | |
| Principal Accounting Officer | 3.8yrs | no data | 0.027% $ 583.2k | |
| Executive VP & Director of Corporate Strategy | no data | no data | no data | |
| Senior VP & Director of Corporate Communications & Marketing | no data | no data | no data |
3.8yrs
Average Tenure
64yo
Average Age
Experienced Management: TRMK's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.9yrs | US$2.84m | 0.20% $ 4.3m | |
| Chairman | 14.6yrs | US$205.53k | 0.29% $ 6.4m | |
| Independent Director | 17.6yrs | US$123.03k | 0.087% $ 1.9m | |
| Independent Director | 8.7yrs | US$111.03k | 0.049% $ 1.1m | |
| Independent Lead Director | 29.9yrs | US$153.03k | 0.37% $ 8.2m | |
| Independent Director | 9.7yrs | US$127.53k | 0.034% $ 748.0k | |
| Director | 15.6yrs | US$103.03k | 0.049% $ 1.1m | |
| Independent Director | 4.7yrs | US$108.03k | 0.020% $ 430.9k | |
| Independent Director | 7.7yrs | US$125.53k | 0.031% $ 671.0k | |
| Independent Director | 7.7yrs | US$105.53k | 0.038% $ 839.6k | |
| Independent Director | 4.7yrs | US$128.03k | 0.014% $ 316.3k |
8.7yrs
Average Tenure
65yo
Average Age
Experienced Board: TRMK's board of directors are considered experienced (8.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 02:52 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Trustmark Corporation is covered by 25 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.
| Analyst | Institution |
|---|---|
| Blair Brantley | BB&T Capital Markets |
| Andrew Stapp | B. Riley Securities, Inc. |
| null null | D.A. Davidson & Co. |