Trustmark Corporation (TRMK)

NASDAQ: TRMK · IEX Real-Time Price · USD
30.33
-0.47 (-1.53%)
Feb 6, 2023, 2:21 PM EST - Market open
-1.53%
Market Cap 1.85B
Revenue (ttm) 647.99M
Net Income (ttm) 132.17M
Shares Out 60.95M
EPS (ttm) 2.14
PE Ratio 14.39
Forward PE n/a
Dividend $0.92 (3.03%)
Ex-Dividend Date Nov 30, 2022
Volume 77,455
Open 30.71
Previous Close 30.80
Day's Range 30.05 - 30.83
52-Week Range 26.67 - 38.47
Beta 0.87
Analysts Sell
Price Target 37.94 (+25.09%)
Earnings Date Jan 25, 2023

About TRMK

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 constructio... [Read more]

Sector Financials
IPO Date Oct 20, 1987
Employees 2,717
Stock Exchange NASDAQ
Ticker Symbol TRMK
Full Company Profile

Financial Performance

In 2021, Trustmark's revenue was $664.71 million, an increase of 1.31% compared to the previous year's $656.08 million. Earnings were $147.37 million, a decrease of -7.91%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for TRMK stock is "Sell." The 12-month stock price forecast is $37.94, which is an increase of 25.09% from the latest price.

Price Target
$37.94
(25.09% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Trustmark (TRMK) Misses Q4 Earnings and Revenue Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of -17.07% and 0.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2022 Financial Results

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQGS:TRMK) reported a loss of $34.1 million, or $0.56 per diluted share, in the fourth quarter of 2022. As previously disclosed, Trustmark...

1 week ago - Business Wire

Trustmark Corporation to Announce Fourth Quarter Financial Results January 24 and Conduct Earnings Conference Call January 25

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQGS:TRMK) will announce its fourth quarter 2022 financial results in a news release on Tuesday, January 24, 2023, after close of the mark...

1 month ago - Business Wire

Can Trustmark (TRMK) Run Higher on Rising Earnings Estimates?

Trustmark (TRMK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

New Strong Buy Stocks for October 31st

WIRE, ETD, ACA, RMK and ABNB have been added to the Zacks Rank #1 (Strong Buy) List on October 31, 2022.

Other symbols: ABNBACAETDWIRE
3 months ago - Zacks Investment Research

Trustmark (TRMK) Q3 Earnings and Revenues Surpass Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of 7.81% and 8.18%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Trustmark (TRMK) Reports Next Week: Wall Street Expects Earnings Growth

Trustmark (TRMK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Trustmark Corporation to Announce Third Quarter Financial Results October 25 and Conduct Earnings Conference Call October 26

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Third Quarter Financial Results October 25 and Conduct Earnings Conference Call October 26

4 months ago - Business Wire

New Strong Buy Stocks for September 6th

KLBAY, ESEA, WABC, OROVY and TRMK have been added to the Zacks Rank #1 (Strong Buy) List on September 6, 2022.

Other symbols: ESEAWABC
5 months ago - Zacks Investment Research

Best Income Stocks to Buy for September 6th

ESEA, WABC and TRMK made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 6, 2022.

Other symbols: ESEAWABC
5 months ago - Zacks Investment Research

Trustmark Names New Chief Audit Executive

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Names New Chief Audit Executive

5 months ago - Business Wire

Trustmark Announces New Equipment Finance Line of Business

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Announces New Equipment Finance Line of Business

5 months ago - Business Wire

Trustmark (TRMK) Up on Divestiture of Corporate Trust Unit

Trustmark (TRMK) wraps up the divestiture of its Corporate Trust business to The Peoples Bank. This will enable the company to focus on its core operations.

6 months ago - Zacks Investment Research

Trustmark Completes Sale of Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

JACKSON, Miss. & BILOXI, Miss.--(BUSINESS WIRE)--Trustmark Completes Sale of Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

6 months ago - Business Wire

Will Trustmark (TRMK) Gain on Rising Earnings Estimates?

Trustmark (TRMK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research

Trustmark (TRMK) Q2 Earnings and Revenues Surpass Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of 24.44% and 6.73%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Trustmark Corporation Announces Second Quarter 2022 Financial Results

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation Announces Second Quarter 2022 Financial Results

6 months ago - Business Wire

Trustmark (TRMK) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Trustmark (TRMK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Trustmark Corporation to Announce Second Quarter Financial Results July 26 and Conduct Earnings Conference Call July 27

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Second Quarter Financial Results July 26 and Conduct Earnings Conference Call July 27

7 months ago - Business Wire

Duke Hinds Joins Trustmark as Director of Commercial Banking

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Duke Hinds Joins Trustmark as Director of Commercial Banking

8 months ago - Business Wire

Bears are Losing Control Over Trustmark (TRMK), Here's Why It's a 'Buy' Now

Trustmark (TRMK) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a t...

9 months ago - Zacks Investment Research

Is Trustmark (TRMK) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

9 months ago - Zacks Investment Research

All You Need to Know About Trustmark (TRMK) Rating Upgrade to Strong Buy

Trustmark (TRMK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

10 months ago - Zacks Investment Research

Trustmark (TRMK) Beats Q1 Earnings and Revenue Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of 20.51% and 3.73%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research