TRMK - Trustmark Corp Stock Price, Fair Value and News

30.20USD-0.48 (-1.56%)Market Closed

Market Summary

USD30.20-0.48

Market Closed

-1.56%

TRMK Stock Price

View Fullscreen

TRMK RSI Chart

TRMK Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

11.79

Price/Sales (Trailing)

2.03

EV/EBITDA

2.29

Price/Free Cashflow

17.15

TRMK Price/Sales (Trailing)

TRMK Profitability

EBT Margin

20.58%

Return on Equity

9.31%

Return on Assets

0.85%

Free Cashflow Yield

5.83%

TRMK Fundamentals

TRMK Revenue

Revenue (TTM)

909.8M

Rev. Growth (Yr)

15.56%

Rev. Growth (Qtr)

-1.31%

TRMK Earnings

Earnings (TTM)

156.7M

Earnings Growth (Yr)

-17.43%

Earnings Growth (Qtr)

14.98%

Breaking Down TRMK Revenue

Last 7 days

-1.7%

Last 30 days

15.3%

Last 90 days

14.5%

Trailing 12 Months

46.1%

How does TRMK drawdown profile look like?

TRMK Financial Health

TRMK Investor Care

Dividend Yield

3.05%

Dividend/Share (TTM)

0.92

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

2.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	909.8M	0	0	0
2023	637.0M	738.4M	822.5M	878.8M
2022	436.8M	428.0M	468.7M	541.8M
2021	457.4M	468.7M	458.1M	442.5M
2020	505.4M	489.9M	474.0M	468.3M
2019	495.5M	505.3M	510.8M	510.5M
2018	460.5M	469.0M	477.7M	485.6M
2017	416.4M	425.8M	438.2M	449.8M
2016	410.4M	410.8M	411.8M	412.1M
2015	428.6M	419.8M	411.1M	412.2M
2014	419.6M	424.4M	431.0M	426.9M
2013	371.2M	382.7M	395.1M	414.3M
2012	389.9M	384.9M	381.2M	371.7M
2011	403.1M	399.3M	394.4M	392.0M
2010	431.4M	422.4M	414.1M	408.2M
2009	0	469.5M	455.8M	442.1M
2008	0	0	0	483.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Trustmark Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 23, 2024	eduardo marcelo l	acquired	-	-	2,092	-
Apr 23, 2024	yates william g iii	acquired	-	-	2,092	-
Apr 23, 2024	puckett richard h	acquired	-	-	2,092	-
Apr 23, 2024	conerly tracy t	acquired	-	-	2,092	-
Apr 23, 2024	baker adolphus b	acquired	-	-	2,092	-
Apr 23, 2024	collins augustus l	acquired	-	-	2,092	-
Apr 23, 2024	hays james clay jr	acquired	-	-	2,092	-
Apr 23, 2024	morrissette harris v	acquired	-	-	2,092	-
Apr 23, 2024	host gerard r	acquired	-	-	2,092	-
Apr 23, 2024	brown william a	acquired	-	-	2,092	-

Which funds bought or sold TRMK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Argent Trust Co	unchanged	-	2,931	358,234	0.02%
May 10, 2024	BlackRock Inc.	added	1.64	6,096,620	252,526,000	0.01%
May 10, 2024	JPMORGAN CHASE & CO	reduced	-49.73	-2,383,160	2,448,890	-%
May 10, 2024	CITIGROUP INC	added	13.74	316,847	2,476,010	-%
May 10, 2024	LPL Financial LLC	reduced	-21.44	-370,604	1,412,100	-%
May 10, 2024	CREDIT SUISSE AG/	added	9.67	220,088	2,300,550	-%
May 10, 2024	TRUSTMARK NATIONAL BANK TRUST DEPARTMENT	reduced	-0.78	1,461	3,826,990	0.31%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	0.44	55,044	4,402,090	-%
May 10, 2024	PNC Financial Services Group, Inc.	reduced	-3.79	-8,829	286,244	-%
May 10, 2024	Covestor Ltd	added	550	1,000	1,000	-%

Are Funds Buying or Selling TRMK?

Are funds buying TRMK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TRMK

No. of Funds

Unveiling Trustmark Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	earnest partners llc	5.6%	3,410,883	SC 13G/A
Feb 13, 2024	vanguard group inc	10.99%	6,712,905	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.3%	3,830,152	SC 13G/A
Jan 23, 2024	blackrock inc.	14.5%	8,838,920	SC 13G/A
Feb 15, 2023	robert m hearin support foundation	6.54%	3,983,560	SC 13D/A
Feb 14, 2023	earnest partners llc	6.1%	3,689,701	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.5%	3,946,176	SC 13G/A
Feb 09, 2023	vanguard group inc	10.91%	6,648,706	SC 13G/A
Jan 23, 2023	blackrock inc.	14.2%	8,628,385	SC 13G/A
Feb 11, 2022	robert m hearin support foundation	6.7%	4,157,323	SC 13D/A

Recent SEC filings of Trustmark Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	4	Insider Trading

Peers (Alternatives to Trustmark Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	570.5B	174.7B	8.69%	48.16%	11.33	3.27	53.11%	19.83%
BAC	299.1B	137.9B	6.85%	41.16%	11.95	2.17	56.12%	-12.56%
WFC	213.6B	85.8B	8.52%	63.46%	11.38	2.49	35.02%	26.14%
C	120.9B	125.0B	6.23%	39.49%	15.13	0.97	37.85%	-
CFG	16.4B	10.4B	8.48%	44.96%	11.43	1.57	26.22%	-33.87%
KEY	14.0B	8.1B	1.78%	65.41%	16.04	1.72	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	3.79%	66.34%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	4.1B	8.06%	95.94%	10.32	1.59	32.93%	-30.73%
ABCB	3.4B	1.3B	9.68%	70.56%	12.1	2.6	30.60%	-12.99%
ASB	3.3B	2.0B	8.96%	50.51%	20.76	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	406.0M	152.4M	2.65%	46.43%	40.84	2.66	16.94%	-73.84%
AROW	395.4M	173.1M	7.98%	20.88%	13.55	2.28	26.54%	-34.86%
ACNB	294.5M	98.7M	5.64%	21.02%	10.01	2.98	6.27%	-22.90%
ASRV	46.0M	62.5M	12.13%	-6.62%	-15.54	0.74	18.83%	-145.18%

Trustmark Corp News

Latest updates

Trustmark Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.3%	230	233	229	219	199	177	144	117	104	103	104	126	109	119	114	115	120	125	130	130	125
EBITDA Margin	-5.1%	0.85*	0.89*	0.85*	0.96*	1.05*	1.12*	1.38*	1.37*	1.39*	1.45*	1.49*	1.55*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.9%	133	137	139	140	138	147	136	113	99.00	98.00	98.00	119	102	111	106	105	104	106	108	108	105
Income Taxes	9.4%	8.00	7.00	7.00	8.00	9.00	-17.53	8.00	7.00	5.00	5.00	5.00	9.00	9.00	12.00	10.00	6.00	3.00	6.00	6.00	7.00	5.00
Earnings Before Taxes	14.0%	50.00	43.00	41.00	53.00	60.00	-51.59	50.00	41.00	34.00	31.00	26.00	57.00	61.00	63.00	64.00	38.00	25.00	39.00	47.00	49.00	39.00
EBT Margin	-8.4%	0.21*	0.22*	0.12*	0.15*	0.16*	0.14*	0.33*	0.31*	0.34*	0.40*	0.45*	0.52*	-	-	-	-	-	-	-	-	-
Net Income	15.0%	42.00	36.00	34.00	45.00	50.00	-34.06	42.00	34.00	29.00	26.00	21.00	48.00	52.00	51.00	54.00	32.00	22.00	34.00	41.00	42.00	33.00
Net Income Margin	-8.5%	0.17*	0.19*	0.12*	0.14*	0.15*	0.13*	0.28*	0.26*	0.29*	0.33*	0.38*	0.44*	-	-	-	-	-	-	-	-	-
Free Cashflow	-211.2%	-63.59	57.00	99.00	15.00	-14.54	62.00	71.00	81.00	56.00	94.00	54.00	266	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.8%	18,377	18,722	18,391	18,423	18,877	18,015	17,191	16,952	17,442	17,596	17,365	17,098	16,878	16,552	15,558	15,692	14,020	13,498	13,585	13,549	13,478
Cash Equivalents	-100.0%	-	78.00	-	-	-	76.00	-	-	-	76.00	-	-	-	158	-	-	-	16.00	-	404	454
Net PPE	0.2%	233	233	231	228	224	212	211	208	207	206	202	201	199	194	193	191	190	190	188	190	190
Goodwill	0%	384	384	384	384	384	384	384	384	384	384	384	384	384	385	385	385	382	380	380	380	380
Liabilities	-2.1%	16,694	17,060	16,820	16,851	17,315	16,523	15,682	15,365	15,810	15,854	15,596	15,319	15,119	14,811	13,848	14,018	12,367	11,837	11,939	11,930	11,891
Shareholder's Equity	1.2%	1,683	1,662	1,570	1,571	1,562	1,492	1,509	1,587	1,631	1,741	1,769	1,779	1,760	1,741	1,710	1,674	1,652	1,661	1,645	1,619	1,587
Retained Earnings	1.6%	1,736	1,709	1,687	1,667	1,636	1,600	1,649	1,620	1,600	1,585	1,573	1,566	1,533	1,496	1,459	1,420	1,402	1,415	1,395	1,369	1,342
Additional Paid-In Capital	0.5%	161	160	158	157	155	155	154	161	167	176	202	210	230	233	232	231	229	256	257	261	272
Shares Outstanding	0.2%	61.00	61.00	61.00	61.00	61.00	61.00	61.00	-	61.00	62.00	62.00	63.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	699	-	-	-	1,065	-	-	-	1,228	-	-	-	920	-	-	-	1,217	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-191.2%	-58,543	64,185	106,366	23,777	2,559	68,050	77,797	88,801	61,868	101,571	59,082	271,461	-83,343	94,373	-44,579	94,715	-79,163	134,447	-14,630	-18,242	14,872
Share Based Compensation	61.8%	2,238	1,383	1,494	1,563	1,715	1,169	1,229	1,240	1,245	1,090	1,116	1,214	2,181	1,290	1,239	1,274	1,394	-	-	-	-
Cashflow From Investing	0.7%	-51,309	-51,646	-97,291	-12,927	-249,310	-540,495	-597,037	-798,342	-344,528	-224,447	-392,122	179,331	-567,776	352,459	-203,082	-1,039,539	-327,553	-115,123	103,741	-39,821	-23,036
Cashflow From Financing	-222.1%	-259,430	212,512	-90,635	-475,942	809,108	176,093	807,918	-465,562	-66,605	214,647	240,874	208,577	306,470	941,084	-214,391	1,567,123	452,141	-146,671	-7,261	8,429	112,650
Dividend Payments	-100.0%	-	14,165	14,169	14,161	14,158	14,123	14,158	14,212	14,186	14,285	14,475	14,640	14,685	14,690	14,686	14,687	14,706	14,880	14,904	14,987	15,033
Buy Backs	-	-	-	-	-	-	-	8,005	7,505	9,094	27,141	9,668	20,805	4,185	-	-	-	27,538	2,199	4,515	13,008	36,893

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

TRMK Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Interest and fees on LHFS & LHFI	$ 206,092	$ 175,509
Interest on securities:
Taxable	15,634	16,761
Tax exempt	3	73
Interest on federal funds sold and securities purchased under reverse repurchase agreements	1	30
Other interest income	8,110	6,527
Total Interest Income	229,840	198,900
Interest Expense
Interest on deposits	83,716	40,898
Interest on federal funds purchased and securities sold under repurchase agreements	5,591	4,832
Other interest expense	7,703	15,575
Total Interest Expense	97,010	61,305
Net Interest Income	132,830	137,595
Provision for credit losses (PCL), LHFI	7,708	3,244
PCL, off-balance sheet credit exposures	(192)	(2,242)
Net Interest Income After PCL	125,314	136,593
Noninterest Income
Service charges on deposit accounts	10,958	10,336
Bank card and other fees	7,428	7,803
Mortgage banking, net	8,915	7,639
Insurance commissions	15,464	14,305
Wealth management	8,952	8,780
Other, net	3,632	2,514
Total Noninterest Income	55,349	51,377
Noninterest Expense
Salaries and employee benefits	75,458	74,056
Services and fees	24,839	25,426
Net occupancy - premises	7,496	7,629
Equipment expense	6,385	6,405
Other expense	16,968	14,811
Total Noninterest Expense	131,146	128,327
Income Before Income Taxes	49,517	59,643
Income taxes	7,982	9,343
Net Income	$ 41,535	$ 50,300
Earnings Per Share
Basic	$ 0.68	$ 0.82
Diluted	$ 0.68	$ 0.82

TRMK Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 606,261	$ 975,543
Securities available for sale, at fair value (amortized cost: $1,900,980 - 2024 $1,959,007-2023; allowance for credit losses (ACL): $0)	1,702,299	1,762,878
Securities held to maturity, net of ACL of $0 (fair value: $1,333,014 - 2024; $1,355,504-2023)	1,415,025	1,426,279
Loans held for sale (LHFS)	172,937	184,812
Loans held for investment (LHFI)	13,057,943	12,950,524
Less ACL, LHFI	142,998	139,367
Net LHFI	12,914,945	12,811,157
Premises and equipment, net	232,924	232,537
Mortgage servicing rights (MSR)	138,044	131,870
Goodwill	384,237	384,237
Identifiable intangible assets, net	2,845	2,965
Other real estate, net	7,620	6,867
Operating lease right-of-use assets	36,659	38,142
Other assets	762,816	764,902
Total Assets	18,376,612	18,722,189
Deposits:
Noninterest-bearing	3,039,652	3,197,620
Interest-bearing	12,298,905	12,372,143
Total deposits	15,338,557	15,569,763
Federal funds purchased and securities sold under repurchase agreements	393,215	405,745
Other borrowings	482,027	483,230
Subordinated notes	123,537	123,482
Junior subordinated debt securities	61,856	61,856
ACL on off-balance sheet credit exposures	33,865	34,057
Operating lease liabilities	40,185	41,584
Other liabilities	220,771	340,625
Total Liabilities	16,694,013	17,060,342
Shareholders' Equity
Authorized: 250,000,000 Issued and outstanding: 61,178,366 shares - 2024; 61,071,173 shares - 2023	12,747	12,725
Capital surplus	160,521	159,688
Retained earnings	1,736,485	1,709,157
Accumulated other comprehensive income (loss), net of tax	(227,154)	(219,723)
Total Shareholders' Equity	1,682,599	1,661,847
Total Liabilities and Shareholders' Equity	$ 18,376,612	$ 18,722,189

About Trustmark Corp

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. The company also provides mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing. In addition, it provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. Further, 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. The company was founded in 1889 and is headquartered in Jackson, Mississippi.

CEO	Mr. Duane Arthur Dewey CFP, CFP, M.A.
WEBSITE	trustmark.com
INDUSTRY	Banks Diversified
EMPLOYEES	2761

Trustmark Corp Frequently Asked Questions

What is the ticker symbol for Trustmark Corp? What does TRMK stand for in stocks?

TRMK is the stock ticker symbol of Trustmark Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Trustmark Corp (TRMK)?

As of Mon May 13 2024, market cap of Trustmark Corp is 1.85 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TRMK stock?

You can check TRMK's fair value in chart for subscribers.

What is the fair value of TRMK stock?

You can check TRMK's fair value in chart for subscribers. The fair value of Trustmark Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Trustmark Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TRMK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Trustmark Corp a good stock to buy?

The fair value guage provides a quick view whether TRMK is over valued or under valued. Whether Trustmark Corp is cheap or expensive depends on the assumptions which impact Trustmark Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TRMK.

What is Trustmark Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, TRMK's PE ratio (Price to Earnings) is 11.79 and Price to Sales (PS) ratio is 2.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TRMK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Trustmark Corp's stock?

In the past 10 years, Trustmark Corp has provided 0.055 (multiply by 100 for percentage) rate of return.