Trustmark Corporation (TRMK)

NASDAQ: TRMK · IEX Real-Time Price · USD
28.43
0.00 (0.00%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap1.75B
Revenue (ttm)637.35M
Net Income (ttm)124.61M
Shares Out61.46M
EPS (ttm)1.99
PE Ratio14.30
Forward PEn/a
Dividend$0.92 (3.24%)
Ex-Dividend DateMay 31, 2022
Volume198,260
Open28.44
Previous Close28.43
Day's Range28.16 - 28.82
52-Week Range26.67 - 35.30
Beta0.90
AnalystsSell
Price Target32.39 (+13.9%)
Earnings DateApr 26, 2022

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...

IndustryBanks
IPO DateOct 20, 1987
CEOGerard Host
Employees2,725
Stock ExchangeNASDAQ
Ticker SymbolTRMK
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 11 analysts, the average rating for TRMK stock is "Sell." The 12-month stock price forecast is 32.39, which is an increase of 13.93% from the latest price.

Price Target
$32.39
(13.93% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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 tre...

1 week 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 v...

2 weeks 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).

3 weeks 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?

4 weeks ago - Zacks Investment Research

Trustmark Corporation Announces First Quarter 2022 Financial Results

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

4 weeks ago - Business Wire

Trustmark Corporation to Announce First Quarter Financial Results April 26 and Conduct Earnings Conference Call April 27

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

1 month ago - Business Wire

Trustmark (TRMK) Enters Deal to Sell Corporate Trust Business

Trustmark (TRMK) agrees to sell its corporate trust business to The Peoples Bank, the subsidiary of Peoples Financial.

2 months ago - Zacks Investment Research

Trustmark National Bank Enters Agreement to Sell Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

JACKSON & BILOXI, Miss.--(BUSINESS WIRE)--Trustmark National Bank Enters Agreement to Sell Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

2 months ago - Business Wire

Trustmark (TRMK) to Remove Overdraft, NSF Fees by 2022-End

Trustmark (TRMK) announces an initiative to provide its customers with more financial stability. The bank will eliminate non-sufficient funds fees for all consumer checking accounts by year-end.

2 months ago - Zacks Investment Research

Trustmark Announces Changes to Overdraft Services and Elimination of Non-Sufficient Funds Fees

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Announces Changes to Overdraft Services and Elimination of Non-Sufficient Funds Fees

2 months ago - Business Wire

Trustmark Names Michael A. King General Counsel

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Names Michael A. King General Counsel

3 months ago - Business Wire

Trustmark National Bank and Agility Bank (in organization) Enter Strategic Collaboration Agreement

HOUSTON & JACKSON, Miss.--(BUSINESS WIRE)--Trustmark National Bank and Agility Bank (in organization) Enter Strategic Collaboration Agreement

3 months ago - Business Wire

Trustmark (TRMK) Misses Q4 Earnings and Revenue Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of -10.64% and 0.68%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2021 Financial Results

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2021 Financial Results

4 months ago - Business Wire

Michael P. Carlson Joins Trustmark as Executive Vice President and Chief Risk Officer

JACKSON, Miss.--(BUSINESS WIRE)--Michael P. Carlson Joins Trustmark as Executive Vice President and Chief Risk Officer

4 months ago - Business Wire

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

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

4 months ago - Business Wire

Trustmark (TRMK) Meets Q3 Earnings Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of 0.00% and 0.58%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Trustmark Corporation Announces Third Quarter 2021 Financial Results

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation Announces Third Quarter 2021 Financial Results

6 months ago - Business Wire

Trustmark National Bank Announces Settlement of Claims Made by Federal Regulators

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark National Bank Announces Settlement of Claims Made by Federal Regulators

7 months ago - Business Wire

Earnings Preview: Trustmark (TRMK) Q3 Earnings Expected to Decline

Trustmark (TRMK) doesn't possess 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 Third Quarter Financial Results October 26 and Conduct Earnings Conference Call Oct...

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

7 months ago - Business Wire

Trustmark National Bank Announces $60 Million Allocation Award for Southern Community Capital, LLC

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark National Bank Announces $60 Million Allocation Award for Southern Community Capital, LLC

8 months ago - Business Wire

Trustmark (TRMK) Inks Alliance With Commonwealth National

Trustmark (TRMK) fraternizes with Commonwealth National, as part of Project REACh Initiative, in a bid to expand economic capabilities in minority and underserved communities.

9 months ago - Zacks Investment Research

Trustmark (TRMK) Q2 Earnings and Revenues Surpass Estimates

Trustmark (TRMK) delivered earnings and revenue surprises of 10.14% and 4.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Trustmark: Q2 Earnings Insights

Shares of Trustmark (NASDAQ:TRMK) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 49.02% over the past year to $0.76, which bea...

9 months ago - Benzinga