Trustmark Corporation (TRMK)
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]
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 StatementsAnalyst 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.
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?

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...

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...

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.

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.

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?

Trustmark Corporation Announces Third Quarter 2022 Financial Results
JACKSON, Miss.

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.

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

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.

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.

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

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

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.

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

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.

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?

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

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.

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

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

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...

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...

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).

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?