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; 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. 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, and investment management services. As of December 31, 2018, the company operated 181 full-service branches and 14 limited-service branches; 178 ATMs and 4 interactive teller machines (ITMs) at on-premise locations; and 61 ATMs and 3 ITMs at off-premise 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
Phone601-208-5111
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$683.25 million
Profitability
Miscellaneous
Employees2,856
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable
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 Thursday, January 24th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.23 per share on Friday, March 15th. This represents a $0.92 annualized dividend and a yield of 2.79%. The ex-dividend date is Thursday, February 28th. View Trustmark's Dividend History.
How were Trustmark's earnings last quarter?
Trustmark Corp (NASDAQ:TRMK) announced its earnings results on Wednesday, January, 23rd. The financial services provider reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The financial services provider had revenue of $151.97 million for the quarter, compared to analyst estimates of $152 million. Trustmark had a return on equity of 9.43% and a net margin of 21.89%. During the same quarter last year, the company earned $0.48 EPS. View Trustmark's Earnings History.
When is Trustmark's next earnings date?
What price target have analysts set for TRMK?
6 brokerages have issued 12-month target prices for Trustmark's shares. Their forecasts range from $31.00 to $35.00. On average, they expect Trustmark's share price to reach $33.40 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Price Targets for Trustmark.
What is the consensus analysts' recommendation for Trustmark?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trustmark.
Has Trustmark been receiving favorable news coverage?
Media coverage about TRMK stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trustmark earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future.
Who are some of Trustmark's key competitors?
Some companies that are related to Trustmark include Cullen/Frost Bankers (CFR), Synovus Financial (SNV), BOK Financial (BOKF), Webster Financial (WBS), CIT Group (CIT), Akbank T.A.S. (AKBTY), PacWest Bancorp (PACW), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL), MB Financial (MBFI), F.N.B. (FNB), Valley National Bancorp (VLY), TCF Financial (TCF) and UMB Financial (UMBF).
What other stocks do shareholders of Trustmark own?
Who are Trustmark's key executives?
Trustmark's management team includes the folowing people:
- Mr. Gerard R. Host, Pres, CEO & Director (Age 64)
- Mr. Louis E. Greer, Treasurer & Principal Financial Officer (Age 64)
- Mr. William G. Yates III, Director (Age 46)
- Mr. F. Joseph Rein Jr., Sr. VP & Assistant Sec.
- Ms. Melanie A. Morgan, Sr. VP & Director of Corp. Communications & Marketing
Who are Trustmark's major shareholders?
Trustmark's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.27%), Dimensional Fund Advisors LP (8.40%), Northern Trust Corp (2.96%), FMR LLC (1.65%), Bank of New York Mellon Corp (1.34%) and Norges Bank (1.20%). Company insiders that own Trustmark stock include Charles Scott Woods, Duane A Dewey, Harry M Walker and Leroy G Walker Jr. View Institutional Ownership Trends for Trustmark.
Which institutional investors are selling Trustmark stock?
TRMK stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Barclays PLC, SG Americas Securities LLC, Bank of America Corp DE, First Trust Advisors LP, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc. and MetLife Investment Advisors LLC. Company insiders that have sold Trustmark company stock in the last year include Charles Scott Woods, Harry M Walker and Leroy G Walker Jr. View Insider Buying and Selling for Trustmark.
Which institutional investors are buying Trustmark stock?
TRMK stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, FMR LLC, BlackRock Inc., Acadian Asset Management LLC, Rhumbline Advisers, Principal Financial Group Inc. and Geode Capital Management 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 $32.99.
How big of a company is Trustmark?
Trustmark has a market capitalization of $2.16 billion and generates $683.25 million in revenue each year. The financial services provider earns $149.58 million in net income (profit) each year or $2.21 on an earnings per share basis. Trustmark employs 2,856 workers across the globe.
What is Trustmark's official website?
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 (NASDAQ 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.
