TRMK Stock Overview
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.
No risks detected for TRMK from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$27.81|
|52 Week High||US$35.30|
|52 Week Low||US$26.67|
|1 Month Change||-5.28%|
|3 Month Change||-13.26%|
|1 Year Change||-18.18%|
|3 Year Change||-16.44%|
|5 Year Change||-11.18%|
|Change since IPO||713.95%|
Recent News & Updates
Trustmark's (NASDAQ:TRMK) Dividend Will Be US$0.23
Trustmark Corporation ( NASDAQ:TRMK ) has announced that it will pay a dividend of US$0.23 per share on the 15th of...
|TRMK||US Banks||US Market|
Return vs Industry: TRMK exceeded the US Banks industry which returned -19.9% over the past year.
Return vs Market: TRMK underperformed the US Market which returned -12.9% over the past year.
|TRMK Average Weekly Movement||3.6%|
|Banks Industry Average Movement||4.0%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: TRMK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TRMK's weekly volatility (4%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|TRMK fundamental statistics|
Is TRMK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRMK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.03|
|Net Profit Margin||19.55%|
How did TRMK perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Does TRMK pay a reliable dividends?See TRMK dividend history and benchmarks
|Trustmark dividend dates|
|Ex Dividend Date||May 31 2022|
|Dividend Pay Date||Jun 15 2022|
|Days until Ex dividend||8 days|
|Days until Dividend pay date||23 days|
Does TRMK pay a reliable dividends?See TRMK dividend history and benchmarks
Is Trustmark undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRMK ($27.81) is trading below our estimate of fair value ($53.71)
Significantly Below Fair Value: TRMK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRMK is poor value based on its PE Ratio (13.7x) compared to the US Banks industry average (9.7x).
PE vs Market: TRMK is good value based on its PE Ratio (13.7x) compared to the US market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: TRMK is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: TRMK's PB Ratio (1x) is in line with the US Banks industry average.
How is Trustmark forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRMK's forecast earnings growth (10% per year) is above the savings rate (1.9%).
Earnings vs Market: TRMK's earnings (10% per year) are forecast to grow slower than the US market (12.5% per year).
High Growth Earnings: TRMK's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRMK's revenue (6.6% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: TRMK's revenue (6.6% 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
How has Trustmark performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRMK has high quality earnings.
Growing Profit Margin: TRMK's current net profit margins (19.6%) are lower than last year (27.2%).
Past Earnings Growth Analysis
Earnings Trend: TRMK's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: TRMK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TRMK had negative earnings growth (-34.3%) over the past year, making it difficult to compare to the Banks industry average (20.9%).
Return on Equity
High ROE: TRMK's Return on Equity (7.6%) is considered low.
How is Trustmark's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TRMK's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: TRMK has a sufficient allowance for bad loans (153%).
Low Risk Liabilities: 96% 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 (59%).
Low Risk Deposits: TRMK's Loans to Deposits ratio (68%) is appropriate.
Level of Bad Loans: TRMK has an appropriate level of bad loans (0.6%).
What is Trustmark current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TRMK's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: TRMK's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: TRMK's dividends per share have been stable in the past 10 years.
Growing Dividend: TRMK's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), TRMK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Duane Dewey (62 yo)
Mr. Duane Arthur Dewey, CFP, has been President and Chief Executive Officer of Trustmark Corporation since January 1, 2021. Mr. Dewey has served as President at Trustmark National Bank since January 1, 202...
CEO Compensation Analysis
Compensation vs Market: Duane's total compensation ($USD2.47M) is below average for companies of similar size in the US market ($USD5.44M).
Compensation vs Earnings: Duane's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: TRMK's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: TRMK's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trustmark Corporation's employee growth, exchange listings and data sources
- Name: Trustmark Corporation
- Ticker: TRMK
- Exchange: NasdaqGS
- Founded: 1889
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$1.709b
- Shares outstanding: 61.46m
- Website: https://www.trustmark.com
Number of Employees
- Trustmark Corporation
- 248 East Capitol Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.