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 offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; life and health insurance, and personal line policies for individual customers; and an intermediary vehicle for the provision of loans or investments in low-income communities. Further, it engages in the administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and provision of corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, investment management, and commercial risk management services. As of December 31, 2017, the company operated 178 full-service branches and 20 limited-service branches; and 180 ATMs at on premise locations and 66 ATMs at off-premise sites. It also has six mortgage banking off-site locations; one wealth management off-site location; and five insurance off-site locations. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:TRMK
CUSIP89840210
Phone601-208-5111
Debt
Debt-to-Equity Ratio0.04
Current Ratio0.78
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio17.64
Forward P/E Ratio15.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$654.24 million
Price / Sales3.50
Cash Flow$2.6419 per share
Price / Cash12.79
Book Value$23.20 per share
Price / Book1.46
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$105.63 million
Net Margins16.75%
Return on Equity8.67%
Return on Assets0.99%
Miscellaneous
Employees2,893
Outstanding Shares67,780,000
Trustmark (NASDAQ:TRMK) Frequently Asked Questions
What is Trustmark's stock symbol?
Trustmark trades on the NASDAQ under the ticker symbol "TRMK."
How often does Trustmark pay dividends? What is the dividend yield for Trustmark?
Trustmark declared a quarterly dividend on Tuesday, April 24th. Investors of record on Friday, June 1st will be paid a dividend of $0.23 per share on Friday, June 15th. This represents a $0.92 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend is Thursday, May 31st. View Trustmark's Dividend History.
How were Trustmark's earnings last quarter?
Trustmark Corp (NASDAQ:TRMK) released its earnings results on Tuesday, April, 24th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.05. The financial services provider had revenue of $152.10 million for the quarter, compared to analysts' expectations of $148.64 million. Trustmark had a return on equity of 8.67% and a net margin of 16.75%. Trustmark's revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.46 EPS. View Trustmark's Earnings History.
When is Trustmark's next earnings date?
What price target have analysts set for TRMK?
5 equities research analysts have issued 1 year price objectives for Trustmark's stock. Their forecasts range from $33.00 to $36.00. On average, they anticipate Trustmark's share price to reach $33.80 in the next year. View Analyst Ratings for Trustmark.
Who are some of Trustmark's key competitors?
Some companies that are related to Trustmark include Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), Synovus Financial (SNV), CIT Group (CIT), BOK Financial (BOKF), First Horizon National (FHN), Webster Bank (WBS), Akbank T.A.S. (AKBTY), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), TCF Financial (TCF), Valley National Bancorp (VLY), MB Financial (MBFI) and UMB Financial (UMBF).
Who are Trustmark's key executives?
Trustmark's management team includes the folowing people:
- Mr. Gerard R. Host, Pres, CEO & Director (Age 63)
- Mr. Louis E. Greer, Treasurer & Principal Financial Officer (Age 63)
- Mr. Breck W. Tyler, Pres of Mortgage Services of Trustmark National Bank (Age 59)
- Mr. Duane Arthur Dewey CFP, Pres of Corp. Banking - Trustmark National Bank (Age 59)
- Mr. Wayne Arthur Stevens, Pres of Retail Banking of Trustmark National Bank (Age 53)
Has Trustmark been receiving favorable news coverage?
News coverage about TRMK stock has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Trustmark earned a coverage optimism score of 0.04 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 46.99 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Trustmark's major shareholders?
Trustmark's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.84%), Dimensional Fund Advisors LP (7.83%), Wells Fargo & Company MN (3.41%), Earnest Partners LLC (3.44%), Northern Trust Corp (3.01%) and JPMorgan Chase & Co. (1.12%). Company insiders that own Trustmark stock include Charles Scott Woods, Duane A Dewey, George C Gunn III and Harry M Walker. View Institutional Ownership Trends for Trustmark.
Which major investors are selling Trustmark stock?
TRMK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, BNP Paribas Arbitrage SA, Barrow Hanley Mewhinney & Strauss LLC, Teacher Retirement System of Texas, Rhumbline Advisers and The Manufacturers Life Insurance Company . View Insider Buying and Selling for Trustmark.
Which major investors are buying Trustmark stock?
TRMK stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Earnest Partners LLC, Millennium Management LLC, Wesbanco Bank Inc., Meeder Asset Management Inc., Victory Capital Management Inc., Schwab Charles Investment Management Inc. and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Trustmark.
How do I buy shares of Trustmark?
Shares of TRMK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Trustmark's stock price today?
One share of TRMK stock can currently be purchased for approximately $33.90.
How big of a company is Trustmark?
Trustmark has a market capitalization of $2.30 billion and generates $654.24 million in revenue each year. The financial services provider earns $105.63 million in net income (profit) each year or $1.92 on an earnings per share basis. Trustmark employs 2,893 workers across the globe.
How can I contact Trustmark?
Trustmark's mailing address is 248 E CAPITOL STREET, JACKSON MS, 39201. The financial services provider can be reached via phone at 601-208-5111 or via email at [email protected]
MarketBeat Community Rating for Trustmark (TRMK)
MarketBeat's community ratings are surveys of what our community members think about Trustmark and other stocks. Vote "Outperform" if you believe TRMK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRMK will underperform the S&P 500 over the long term. You may vote once every thirty days.
