Trustmark (TRMK) to Release Quarterly Earnings on Tuesday

Trustmark (NASDAQ:TRMK - Get Free Report) is anticipated to announce its Q2 2025 earnings results after the market closes on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.86 per share and revenue of $200.35 million for the quarter.

Trustmark (NASDAQ:TRMK - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.06. Trustmark had a return on equity of 10.29% and a net margin of 20.73%. The firm had revenue of $231.83 million for the quarter, compared to analyst estimates of $195.38 million. On average, analysts expect Trustmark to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Trustmark Stock Performance

NASDAQ TRMK traded up $0.13 on Friday, reaching $38.43. The stock had a trading volume of 154,488 shares, compared to its average volume of 317,215. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.87 and a quick ratio of 0.86. The firm has a fifty day moving average of $35.87 and a two-hundred day moving average of $35.20. Trustmark has a 1-year low of $29.77 and a 1-year high of $40.73. The company has a market cap of $2.32 billion, a P/E ratio of 9.98 and a beta of 0.66.

Trustmark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, June 15th. Shareholders of record on Sunday, June 1st were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend was Friday, May 30th. Trustmark's dividend payout ratio is 25.00%.

Analyst Ratings Changes

A number of research firms have commented on TRMK. Hovde Group raised their price objective on Trustmark from $36.00 to $37.00 and gave the stock a "market perform" rating in a research note on Monday, April 28th. Keefe, Bruyette & Woods lowered their price objective on Trustmark from $45.00 to $43.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Finally, Wall Street Zen lowered Trustmark from a "buy" rating to a "hold" rating in a research note on Saturday, June 7th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Trustmark presently has an average rating of "Hold" and an average target price of $39.80.

Hedge Funds Weigh In On Trustmark

Several hedge funds and other institutional investors have recently modified their holdings of TRMK. Royal Bank of Canada increased its stake in shares of Trustmark by 27.0% in the 1st quarter. Royal Bank of Canada now owns 22,127 shares of the financial services provider's stock valued at $764,000 after purchasing an additional 4,701 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Trustmark by 230.8% in the 1st quarter. AQR Capital Management LLC now owns 97,234 shares of the financial services provider's stock valued at $3,327,000 after buying an additional 67,841 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Trustmark by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,217 shares of the financial services provider's stock valued at $1,249,000 after purchasing an additional 1,592 shares during the period. Millennium Management LLC lifted its stake in shares of Trustmark by 12.4% in the 1st quarter. Millennium Management LLC now owns 197,652 shares of the financial services provider's stock valued at $6,817,000 after purchasing an additional 21,866 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Trustmark by 17.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 470,756 shares of the financial services provider's stock valued at $16,236,000 after purchasing an additional 69,110 shares during the period. Institutional investors own 67.64% of the company's stock.

Trustmark Company Profile

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.