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TRMK

TRMK - Trustmark Corp Stock Price, Fair Value and News

27.34USD+0.20 (+0.74%)Market Closed

Market Summary

TRMK
USD27.34+0.20
Market Closed
0.74%

TRMK Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

TRMK Stock Price

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TRMK RSI Chart

TRMK Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

10.09

Price/Sales (Trailing)

1.9

EV/EBITDA

2.03

Price/Free Cashflow

10.65

TRMK Price/Sales (Trailing)

TRMK Profitability

EBT Margin

22.45%

Return on Equity

9.96%

Return on Assets

0.88%

Free Cashflow Yield

9.39%

TRMK Fundamentals

TRMK Revenue

Revenue (TTM)

878.8M

Rev. Growth (Yr)

31.93%

Rev. Growth (Qtr)

1.91%

TRMK Earnings

Earnings (TTM)

165.5M

Earnings Growth (Yr)

206.05%

Earnings Growth (Qtr)

6.15%

Breaking Down TRMK Revenue

Last 7 days

-0.6%

Last 30 days

1.2%

Last 90 days

1.5%

Trailing 12 Months

13.4%

How does TRMK drawdown profile look like?

TRMK Financial Health

TRMK Investor Care

Dividend Yield

3.37%

Dividend/Share (TTM)

0.92

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

2.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023637.0M738.4M822.5M878.8M
2022436.8M428.0M468.7M541.8M
2021457.4M468.7M458.1M442.5M
2020505.4M489.9M474.0M468.3M
2019495.5M505.3M510.8M510.5M
2018460.5M469.0M477.7M485.6M
2017416.4M425.8M438.2M449.8M
2016410.4M410.8M411.8M412.1M
2015428.6M419.8M411.1M412.2M
2014419.6M424.4M431.0M426.9M
2013371.2M382.7M395.1M414.3M
2012389.9M384.9M381.2M371.7M
2011403.1M399.3M394.4M392.0M
2010431.4M422.4M414.1M408.2M
20090469.5M455.8M442.1M
2008000483.3M
GRUFITY'S FAIR VALUE MODEL

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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>

PurpleZone


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
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Tracking the Latest Insider Buys and Sells of Trustmark Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 01, 2024
owens thomas c
sold (taxes)
-25,106
26.54
-946
treasurer
Feb 16, 2024
harvey robert b
sold (taxes)
-26,871
27.17
-989
executive officer
Feb 16, 2024
day monica a
sold (taxes)
-26,979
27.17
-993
executive officer
Feb 16, 2024
chambers george t. jr.
sold (taxes)
-18,937
27.17
-697
principal accounting officer
Feb 16, 2024
tate granville jr
sold (taxes)
-26,708
27.17
-983
secretary
Feb 16, 2024
stevens wayne a
sold (taxes)
-26,952
27.17
-992
executive officer
Feb 16, 2024
sugay maria luisa
sold (taxes)
-18,937
27.17
-697
executive officer
Feb 16, 2024
dewey duane a
sold (taxes)
-80,097
27.17
-2,948
president & ceo
Feb 16, 2024
owens thomas c
sold (taxes)
-26,952
27.17
-992
treasurer
Feb 14, 2024
chambers george t. jr.
acquired
-
-
2,790
principal accounting officer

1–10 of 50

Which funds bought or sold TRMK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 05, 2024
GAMMA Investing LLC
added
26.4
3,817
15,882
-%
Apr 05, 2024
CWM, LLC
reduced
-0.5
-
117,000
-%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
7.00
843
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-14.52
26,004
295,073
-%
Mar 11, 2024
VANGUARD GROUP INC
added
0.76
42,388,100
187,156,000
-%
Mar 05, 2024
Fisher Asset Management, LLC
reduced
-3.47
2,223,860
11,546,800
0.01%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
85.79
6,648,700
11,453,800
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.83
197,746
923,832
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
122,000
554,000
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
3.83
305,000
1,226,000
-%

1–10 of 46

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 13, 2024
DEF 14A
DEF 14A
Mar 13, 2024
DEFA14A
DEFA14A
Mar 13, 2024
DEFA14A
DEFA14A
Mar 05, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading

Peers (Alternatives to Trustmark Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
572.0B
171.1B
5.51% 55.79%
11.54
3.34
60.72% 31.52%
295.4B
130.3B
5.39% 34.77%
11.14
2.27
79.51% -3.68%
206.8B
85.7B
1.31% 52.56%
10.81
2.41
41.49% 39.96%
118.0B
133.3B
7.36% 34.63%
12.79
0.89
79.09% -
16.0B
10.2B
1.86% 20.26%
9.97
1.57
44.53% -22.43%
14.4B
7.9B
3.55% 29.72%
14.92
1.82
46.47% -49.56%
MID-CAP
7.2B
4.2B
2.52% 30.86%
8.12
1.71
56.25% -23.46%
6.4B
3.9B
1.82% 46.34%
9.37
1.61
45.91% -25.03%
3.3B
1.3B
0.21% 38.37%
12.21
2.57
43.24% -22.35%
3.2B
2.0B
1.51% 21.87%
17.71
1.66
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
25.23% -24.02%
412.7M
164.9M
-5.47% 30.12%
35.29
2.5
42.66% -70.76%
389.8M
162.6M
-5.42% 0.94%
12.96
2.4
25.39% -38.37%
295.6M
96.6M
-0.71% 14.05%
9.33
3.06
11.02% -11.37%
39.8M
60.9M
-11.45% -27.27%
-11.89
0.65
24.06% -144.92%

Trustmark Corp News

Latest updates
Yahoo Movies UK06 Apr 202404:01 am
Defense World01 Apr 202410:03 am
Yahoo Canada Finance26 Mar 202401:40 pm

Trustmark Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.9%233229219199177144117104103104126109119114115120125130130125125
EBITDA Margin5.0%0.89*0.85*0.96*1.05*1.12*1.38*1.37*1.39*1.45*1.49*1.55*1.52*---------
Interest Expenses-1.4%13713914013814713611399.0098.0098.00119102111106105104106108108105105
Income Taxes-2.2%7.007.008.009.00-17.538.007.005.005.005.009.009.0012.0010.006.003.006.006.007.005.006.00
Earnings Before Taxes4.7%43.0041.0053.0060.00-51.5950.0041.0034.0031.0026.0057.0061.0063.0064.0038.0025.0039.0047.0049.0039.0043.00
EBT Margin80.5%0.22*0.12*0.15*0.16*0.14*0.33*0.31*0.34*0.40*0.45*0.52*0.49*---------
Net Income6.2%36.0034.0045.0050.00-34.0642.0034.0029.0026.0021.0048.0052.0051.0054.0032.0022.0034.0041.0042.0033.0037.00
Net Income Margin62.5%0.19*0.12*0.14*0.15*0.13*0.28*0.26*0.29*0.33*0.38*0.44*0.41*---------
Free Cashflow-42.1%57.0099.0015.00-14.5462.0071.0081.0056.0094.0054.00266-91.49---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.8%18,72218,39118,42318,87718,01517,19116,95217,44217,59617,36517,09816,87816,55215,55815,69214,02013,49813,58513,54913,47813,286
    Cash Equivalents-78.00---76.00---76.00---158---16.00-40445416.00
  Net PPE0.8%233231228224212211208207206202201199194193191190190188190190179
  Goodwill0%384384384384384384384384384384384384385385385382380380380380380
Liabilities1.4%17,06016,82016,85117,31516,52315,68215,36515,81015,85415,59615,31915,11914,81113,84814,01812,36711,83711,93911,93011,89111,695
  Short Term Borrowings---------------------79.00
Shareholder's Equity5.8%1,6621,5701,5711,5621,4921,5091,5871,6311,7411,7691,7791,7601,7411,7101,6741,6521,6611,6451,6191,5871,591
  Retained Earnings1.3%1,7091,6871,6671,6361,6001,6491,6201,6001,5851,5731,5661,5331,4961,4591,4201,4021,4151,3951,3691,3421,324
  Additional Paid-In Capital0.9%160158157155155154161167176202210230233232231229256257261272310
Shares Outstanding0.0%61.0061.0061.0061.0061.0061.00-61.0062.0062.0063.0063.00---------
Float---699---1,065---1,228---920---1,217--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-39.7%64,185106,36623,7772,55968,05077,79788,80161,868101,57159,082271,461-83,34394,373-44,57994,715-79,163134,447-14,630-18,24214,87297,485
  Share Based Compensation-7.4%1,3831,4941,5631,7151,1691,2291,2401,2451,0901,1161,2142,1811,2901,2391,2741,394-----
Cashflow From Investing46.9%-51,646-97,291-12,927-249,310-540,495-597,037-798,342-344,528-224,447-392,122179,331-567,776352,459-203,082-1,039,539-327,553-115,123103,741-39,821-23,03643,259
Cashflow From Financing334.5%212,512-90,635-475,942809,108176,093807,918-465,562-66,605214,647240,874208,577306,470941,084-214,3911,567,123452,141-146,671-7,2618,429112,650-223,654
  Dividend Payments0.0%14,16514,16914,16114,15814,12314,15814,21214,18614,28514,47514,64014,68514,69014,68614,68714,70614,88014,90414,98715,03315,411
  Buy Backs------8,0057,5059,09427,1419,66820,8054,185---27,5382,1994,51513,00836,89354,544

TRMK Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest Income   
Interest and fees on LHFS & LHFI$ 775,309$ 472,990$ 363,772
Interest and fees on PPP loans063936,726
Interest on securities:   
Taxable66,10059,71738,698
Tax exempt208333548
Interest on federal funds sold and securities purchased under reverse repurchase agreements80740
Other interest income37,1358,0802,767
Total Interest Income878,832541,833442,511
Interest Expense   
Interest on deposits245,95129,06916,945
Interest on federal funds purchased and securities sold under repurchase agreements20,4196,127232
Other interest expense59,58411,9296,983
Total Interest Expense325,95447,12524,160
Net Interest Income552,878494,708418,351
Provision for credit losses (PCL), LHFI27,36221,677(21,499)
PCL, off-balance sheet credit exposures(2,781)1,215(2,949)
Net Interest Income After PCL528,297471,816442,799
Noninterest Income   
Service charges on deposit accounts43,41642,15733,246
Bank card and other fees33,43936,10534,662
Mortgage banking, net26,21628,30663,750
Insurance commissions57,56953,72148,511
Wealth management35,09235,01335,190
Other, net11,1879,8426,551
Securities (gains) losses, net3900
Total Noninterest Income206,958205,144221,910
Noninterest Expense   
Salaries and employee benefits304,665287,440284,158
Services and fees[1]109,478105,46992,282
Net occupancy - premises29,48229,26427,043
Equipment expense26,14224,44824,337
Litigation settlement expense6,500100,7500
Other expense[1],[2]61,65255,84261,476
Total Noninterest Expense537,919603,213489,296
Income Before Income Taxes197,33673,747175,413
Income taxes31,8471,86028,048
Net Income$ 165,489$ 71,887$ 147,365
Earnings Per Share   
Basic$ 2.71$ 1.17$ 2.35
Diluted$ 2.7$ 1.17$ 2.34
[1]During the first quarter of 2023, Trustmark reclassified its debit card transaction fees from other expense to services and fees. The prior periods have been reclassified accordingly.
[2]During the first quarter of 2022, Trustmark reclassified its other real estate expense, net to other expense. The prior periods have been reclassified accordingly.

TRMK Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 975,543$ 734,787
Federal funds sold and securities purchased under reverse repurchase agreements04,000
Securities available for sale, at fair value (amortized cost: $1,959,007-2023; $2,270,709-2022; allowance for credit losses (ACL): $0)1,762,8782,024,082
Securities held to maturity, net of ACL of $0 (fair value: $1,355,504-2023; $1,406,589-2022)1,426,2791,494,514
Loans held for sale (LHFS)184,812135,226
Loans held for investment (LHFI)12,950,52412,204,039
Less ACL, LHFI139,367120,214
Net LHFI12,811,15712,083,825
Premises and equipment, net232,537212,365
Mortgage servicing rights (MSR)131,870129,677
Goodwill384,237384,237
Identifiable intangible assets, net2,9653,640
Other real estate, net6,8671,986
Operating lease right-of-use assets38,14236,301
Other assets764,902770,838
Total Assets18,722,18918,015,478
Deposits:  
Noninterest-bearing3,197,6204,093,771
Interest-bearing12,372,14310,343,877
Total deposits15,569,76314,437,648
Federal funds purchased and securities sold under repurchase agreements405,745449,331
Other borrowings483,2301,050,938
Subordinated notes123,482123,262
Junior subordinated debt securities61,85661,856
ACL on off-balance sheet credit exposures34,05736,838
Operating lease liabilities41,58438,932
Other liabilities340,625324,405
Total Liabilities17,060,34216,523,210
Shareholders' Equity  
Common stock, no par value: Authorized: 250,000,000 shares Issued and outstanding: 61,071,173 shares - 2023; 60,977,686 shares - 202212,72512,705
Capital surplus159,688154,645
Retained earnings1,709,1571,600,321
Accumulated other comprehensive income (loss), net of tax(219,723)(275,403)
Total Shareholders' Equity1,661,8471,492,268
Total Liabilities and Shareholders' Equity$ 18,722,189$ 18,015,478
TRMK
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
 WEBSITEtrustmark.com
 INDUSTRYBanks Diversified
 EMPLOYEES2761

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 Apr 08 2024, market cap of Trustmark Corp is 1.67 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 Apr 08 2024, TRMK's PE ratio (Price to Earnings) is 10.09 and Price to Sales (PS) ratio is 1.9. 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 0.04 (multiply by 100 for percentage) rate of return.