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Trustmark Corporation (TRMK)

Stock Price: $24.48 USD 0.48 (2.00%)
Updated Aug 10, 2020 2:36 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 1.55B
Revenue (ttm) 608.37M
Net Income (ttm) 129.35M
Shares Out 63.42M
EPS (ttm) 2.02
PE Ratio 12.12
Forward PE n/a
Dividend $0.92
Dividend Yield 3.76%

Stock Quote

Trading Day Aug 10, 2020
Last Price $24.48
Previous Close $24.00
Change ($) 0.48
Change (%) 2.00%
Day's Open 24.12
Day's Range 23.47 - 25.10
Day's Volume 202,640
52-Week Range 20.26 - 35.82

More Stats

Market Cap 1.55B
Enterprise Value 884.65M
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date May 29, 2020
Shares Outstanding 63.42M
Float 60.77M
EPS (basic) 2.03
EPS (diluted) 2.02
FCF / Share 1.72
Dividend $0.92
Dividend Yield 3.76%
Earnings Yield 8.25%
FCF Yield 7.02%
Payout Ratio 45.30%
Shares Short 1.86M
Short Ratio 3.51
Short % of Float 3.34%
Beta 1.04
PE Ratio 12.12
Forward PE n/a
P/FCF Ratio 14.25
PS Ratio 2.55
PB Ratio 0.88
Revenue 608.37M
Operating Income 149.03M
Net Income 129.35M
Free Cash Flow 108.92M
Net Cash 667.93M
Net Cash / Share 10.53
Gross Margin 99.08%
Operating Margin 24.50%
Profit Margin 21.30%
FCF Margin 17.90%
ROA 0.89%
ROE 7.86%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 0
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$25.75*
(5.19% upside)
Low
25.0
Current: $24.48
High
27.0
Target: 25.75
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue603587585547553571570504478468
Revenue Growth2.64%0.47%6.9%-1.15%-3.15%0.24%13.07%5.31%2.15%-
Gross Profit603587585547553571570504478468
Operating Income174172154139151162154159149143
Net Income150150106108116124117117107101
Shares Outstanding64.2667.0967.7467.6367.5667.4467.1964.7864.1263.89
Earnings Per Share2.322.211.561.601.711.831.751.811.661.57
EPS Growth4.98%41.67%-2.5%-6.43%-6.56%4.57%-3.31%9.04%5.73%-
Dividend Per Share0.920.920.920.920.920.920.920.920.920.92
Dividend Growth0%0%0%0%0%0%0%0%0%-
Operating Cash Flow116239207148173211301112174207
Capital Expenditures-27.49-27.07-10.34-11.43-18.44-7.75-11.82-17.17-11.65-6.54
Free Cash Flow88.9621219613715420428995.11162200
Cash & Equivalents359350336328278316346231203162
Total Debt4361921,5041,6231,4679824384878041,237
Net Cash / Debt-76.71157-1,168-1,295-1,189-666-92.43-256-601-1,076
Assets13,49813,28613,79813,35212,67912,25111,7909,8299,7279,554
Liabilities11,83711,69512,22611,83211,20610,83110,4358,5418,5128,404
Book Value1,6611,5911,5721,5201,4731,4201,3551,2871,2151,149
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Trustmark Corporation
Country United States
Employees 2,798
CEO Gerard R. Host

Stock Information

Ticker Symbol TRMK
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: TRMK
IPO Date October 20, 1987

Description

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 offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; 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. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; overdraft facilities; and treasury management services. In addition, the company provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management. Further, it offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. As of December 31, 2019, the company operated 178 full-service branches and 15 limited-service branches; and 236 automated teller machines and 14 interactive teller machines. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.