Trustmark Management
Management criteria checks 4/4
Trustmark's CEO is Duane Dewey, appointed in Jan 2021, has a tenure of 5.33 years. total yearly compensation is $3.64M, comprised of 24.6% salary and 75.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth $7.55M. The average tenure of the management team and the board of directors is 5.2 years and 9.6 years respectively.
Key information
Duane Dewey
Chief executive officer
US$3.6m
Total compensation
| CEO salary percentage | 24.64% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.2yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
TRMK: Dividend Increase And Buybacks Will Support Steady Forward Outlook
Analysts have maintained their price target for Trustmark at $45.20. This reflects unchanged views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.TRMK: Dividend Lift And Buybacks Will Support Steady Forward Outlook
Analysts have kept Trustmark's fair value estimate steady at $45.20. This reflects only minor adjustments to assumptions around revenue growth, profit margin and future P/E that do not materially change their overall price target view.TRMK: Dividend Increase And Buybacks Will Support Steady Forward Outlook
Analysts have kept Trustmark's fair value target steady at $45.20, reflecting unchanged assumptions on discount rate, revenue growth, profit margin and future P/E, despite the latest review of their pricing model. What's in the News The Board of Directors approved a 4.2% increase in the regular quarterly dividend to $0.25 per share from $0.24 per share, payable March 15, 2026, to shareholders of record on March 1, 2026.TRMK: Dividend Increase And Buybacks Will Support A Balanced Outlook
Analysts have nudged their price target on Trustmark up to $45.20 from $44.60, reflecting updated assumptions around slightly higher revenue expectations, a modestly lower discount rate, a small adjustment to profit margins, and a marginally higher future P/E multiple. What's in the News The Board of Directors approved a 4.2% increase in the regular quarterly dividend to $0.25 per share from $0.24.Trustmark's (NASDAQ:TRMK) Shareholders Will Receive A Bigger Dividend Than Last Year
Trustmark Corporation ( NASDAQ:TRMK ) will increase its dividend from last year's comparable payment on the 15th of...TRMK: Dividend Increase And Buybacks Will Support A Steady Outlook
Analysts now see Trustmark's fair value at $44.60, up $1.00 from $43.60, reflecting revised assumptions around a slightly higher discount rate, more moderate revenue growth, a higher profit margin, and a lower future P/E multiple. What's in the News The Board of Directors approved a 4.2% increase in the regular quarterly dividend to $0.25 per share from $0.24, raising the indicated annual dividend rate to $1.00 per share from $0.96, payable March 15, 2026, to shareholders of record on March 1, 2026 (Key Developments).Trustmark Still Has Upside After A Great Run Higher
Summary Trustmark Corporation continues to demonstrate high asset quality and improving financial performance, despite a modestly higher valuation than ideal. Management's strategic shift away from brokered deposits and securities aims to boost long-term profitability and net interest margin. Loan growth remains healthy, with limited exposure to riskier office assets, and returns on assets and equity exceed industry benchmarks. While the stock is no longer a deep value, solid fundamentals and ongoing progress justify maintaining a soft 'buy' rating. Read the full article on Seeking AlphaTrustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.24
The board of Trustmark Corporation ( NASDAQ:TRMK ) has announced that it will pay a dividend of $0.24 per share on the...Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.24
Trustmark Corporation's ( NASDAQ:TRMK ) investors are due to receive a payment of $0.24 per share on 15th of March. The...Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23
Trustmark Corporation ( NASDAQ:TRMK ) has announced that it will pay a dividend of $0.23 per share on the 15th of...
Calculated Moves And Growth Forecasts Paint A Bright Future Amid Challenges
Trustmark's restructuring and sale of non-performing assets are poised to enhance profitability and reduce credit risk, improving loan quality.Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23
The board of Trustmark Corporation ( NASDAQ:TRMK ) has announced that it will pay a dividend of $0.23 per share on the...Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23
The board of Trustmark Corporation ( NASDAQ:TRMK ) has announced that it will pay a dividend on the 15th of September...Trustmark: A Low Yield At A Large Premium
Summary Trustmark Corporation offers banking and financial solutions in Alabama, Florida, Mississippi, and Texas. The bank has a strong capital position and a long history, but the performance is not very attractive thus far. Most importantly, the shares are trading at a premium to tangible book value and the yield is too low to offset a potential opportunity cost. Read the full article on Seeking AlphaTrustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23
Trustmark Corporation ( NASDAQ:TRMK ) will pay a dividend of $0.23 on the 15th of June. This means that the annual...Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23
The board of Trustmark Corporation ( NASDAQ:TRMK ) has announced that it will pay a dividend on the 15th of March, with...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$227m |
| Dec 31 2025 | US$4m | US$896k | US$224m |
| Sep 30 2025 | n/a | n/a | US$223m |
| Jun 30 2025 | n/a | n/a | US$217m |
| Mar 31 2025 | n/a | n/a | US$61m |
| Dec 31 2024 | US$3m | US$859k | US$45m |
| Sep 30 2024 | n/a | n/a | US$23m |
| Jun 30 2024 | n/a | n/a | US$2m |
| Mar 31 2024 | n/a | n/a | US$144m |
| Dec 31 2023 | US$3m | US$842k | US$153m |
| 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$61m |
| 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$150m |
Compensation vs Market: Duane's total compensation ($USD3.64M) is below average for companies of similar size in the US market ($USD7.18M).
Compensation vs Earnings: Duane's compensation has been consistent with company performance over the past year.
CEO
Duane Dewey (66 yo)
Mr. Duane Arthur Dewey, CFP, M.A., has been President and Chief Executive Officer of Trustmark Corporation and Trustmark Bank (formerly known as Trustmark National Bank) since January 1, 2021. He has serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$3.64m | 0.29% $ 7.6m | |
| Chief Administrative Officer & Secretary | 10.4yrs | US$1.29m | 0.10% $ 2.8m | |
| Principal Financial Officer | no data | no data | 0.0076% $ 201.2k | |
| Principal Accounting Officer | 5.2yrs | no data | 0.041% $ 1.1m | |
| Executive VP | less than a year | no data | no data | |
| Executive VP and Director of Corporate Communications & Marketing | no data | no data | no data |
Experienced Management: TRMK's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$3.64m | 0.29% $ 7.6m | |
| Principal Financial Officer | no data | no data | 0.0076% $ 201.2k | |
| Independent Chairman | 16yrs | US$250.91k | 0.27% $ 7.1m | |
| Independent Director | 19yrs | US$144.77k | 0.10% $ 2.7m | |
| Independent Director | 10.1yrs | US$128.07k | 0.064% $ 1.7m | |
| Independent Lead Director | 31.3yrs | US$170.07k | 0.39% $ 10.4m | |
| Independent Director | 11.1yrs | US$125.57k | 0.028% $ 738.3k | |
| Independent Director | 17yrs | US$120.07k | 0.059% $ 1.6m | |
| Independent Director | 6.1yrs | US$145.07k | 0.026% $ 695.4k | |
| Independent Director | 9.1yrs | US$142.57k | 0.039% $ 1.0m | |
| Independent Director | 6.1yrs | US$145.07k | 0.020% $ 523.8k | |
| Independent Director | 1.3yrs | US$121.45k | 0.0012% $ 30.7k |
Experienced Board: TRMK's board of directors are considered experienced (9.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 03:34 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Trustmark Corporation is covered by 19 analysts. 6 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 |
|---|---|
| Christopher Marinac | Brean Capital Historical (Janney Montgomery) |
| Andrew Stapp | B. Riley Securities, Inc. |
| Gary Tenner | D.A. Davidson & Co. |