Trustmark (TRMK) Stock Price, News & Analysis

Company Overview

Trustmark Corporation (NASDAQ: TRMK) is a financial holding company headquartered in Jackson, Mississippi, with a history dating back to 1889. Through its primary subsidiary, Trustmark National Bank, the company provides a broad array of banking and wealth management services across the southeastern United States, including Mississippi, Alabama, Tennessee, Florida and selected markets in Texas. Over the decades, Trustmark has grown through a combination of organic expansion and strategic acquisitions, establishing a reputation for stability and community focus.

In its commercial banking segment, Trustmark offers a full suite of products designed to meet the needs of businesses of all sizes. These include commercial lending, treasury management, equipment financing, international trade services and industry-specific banking solutions. The bank’s relationship managers work closely with middle-market companies, small businesses and agricultural enterprises to structure financing arrangements and manage liquidity, while its capital markets team provides guidance on interest-rate risk, hedging strategies and debt issuance.

On the consumer side, Trustmark delivers traditional banking products such as checking and savings accounts, home mortgage loans, personal lines of credit and auto financing. The company has placed significant emphasis on digital and mobile banking platforms to enhance customer convenience and engagement. In addition, Trustmark’s wealth management division offers trust administration, estate planning, investment advisory services and brokerage, while its insurance subsidiary underwrites a range of life and property coverage.

Trustmark is led by Chairman, President and Chief Executive Officer W. Russell Hammond, supported by an experienced executive team and board of directors. The company emphasizes sound corporate governance, risk management and community reinvestment, maintaining an active role in philanthropic initiatives across its service areas. Through ongoing investment in technology and talent, Trustmark seeks to balance traditional banking values with innovative solutions for clients and shareholders alike.

Key Stats

• Today's Range: $37.93 to $38.69
• 50-Day Range: $33.64 to $38.70
• 52-Week Range: $29.77 to $40.73
• Volume: 378,382 shs
• Average Volume: 306,374 shs
• Market Capitalization: $2.33 billion
• P/E Ratio: 10.04
• Dividend Yield: 2.49%
• Price Target: $39.80
• Consensus Rating: Hold

Trustmark Stock Analysis - MarketRank™

Trustmark scored higher than 36% of companies evaluated by MarketBeat, and ranked 748th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Trustmark has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Trustmark has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.63%

Earnings Growth

Earnings for Trustmark are expected to grow by 2.63% in the coming year, from $3.42 to $3.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Trustmark is 10.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trustmark is 10.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.17.

Price to Book Value per Share Ratio

Trustmark has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.39% of the float of Trustmark has been sold short.

Short Interest Ratio / Days to Cover

Trustmark has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in Trustmark has recently increased by 2.16%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Trustmark pays a meaningful dividend of 2.53%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Trustmark has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Trustmark is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Trustmark will have a dividend payout ratio of 27.35% next year. This indicates that Trustmark will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.39% of the float of Trustmark has been sold short.

Short Interest Ratio / Days to Cover

Trustmark has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in Trustmark has recently increased by 2.16%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.99

News Sentiment

Trustmark has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Trustmark this week, compared to 4 articles on an average week.

MarketBeat Follows

Only 1 people have added Trustmark to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Trustmark insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.50% of the stock of Trustmark is held by insiders.

Percentage Held by Institutions

67.64% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TRMK Stock Analysis - Frequently Asked Questions

How have TRMK shares performed this year?

Trustmark's stock was trading at $35.37 on January 1st, 2025. Since then, TRMK stock has increased by 9.0% and is now trading at $38.55.

How were Trustmark's earnings last quarter?

Trustmark Corporation (NASDAQ:TRMK) released 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. The financial services provider had revenue of $231.83 million for the quarter, compared to analysts' expectations of $195.38 million. Trustmark had a net margin of 20.73% and a trailing twelve-month return on equity of 10.29%.
Read the conference call transcript.

Does Trustmark have any subsidiaries?

Trustmark subsidiaries include these companies: CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions.

Who are Trustmark's major shareholders?

Top institutional investors of Trustmark include State of Alaska Department of Revenue (0.06%), BankPlus Wealth Management LLC (0.02%), HB Wealth Management LLC (0.02%) and Counterpoint Mutual Funds LLC (0.01%). Insiders that own company stock include Richard H Puckett, Gerard R Host, Marcelo L Eduardo and Tracy T Conerly.
View institutional ownership trends.

How do I buy shares of Trustmark?

Shares of TRMK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Trustmark own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trustmark investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 4/22/2025
• Ex-Dividend for 6/15 Dividend: 5/30/2025
• Record date for 6/15 Dividend: 6/01/2025
• Dividend Payable: 6/15/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:TRMK
• CIK: 36146
• Web: www.trustmark.com
• Phone: (601) 208-5111
• Fax: 601-961-6016
• Employees: 2,500
• Year Founded: 1913

Price Target and Rating

• Average Price Target for Trustmark: $39.80
• High Price Target: $43.00
• Low Price Target: $36.00
• Potential Upside/Downside: +3.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.84
• Trailing P/E Ratio: 10.04
• Forward P/E Ratio: 11.27
• P/E Growth: N/A
• Net Income: $223.01 million
• Net Margins: 20.73%
• Pretax Margin: 4.80%
• Return on Equity: 10.29%
• Return on Assets: 1.10%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 0.87
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $949.48 million
• Price / Sales: 2.46
• Cash Flow: $3.52 per share
• Price / Cash Flow: 10.95
• Book Value: $32.09 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 60,480,000
• Free Float: 59,571,000
• Market Cap: $2.33 billion
• Optionable: Optionable
• Beta: 0.66