Financial Services - Banks - Regional - NASDAQ - US
$ 38.15
-0.235 %
$ 2.33 B
Market Cap
66.93
P/E
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.[ Read More ]
The intrinsic value of one TRMK stock under the base case scenario is HIDDEN Compared to the current market price of 38.1 USD, Trustmark Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart TRMK
FINANCIALS
735 M
REVENUE
375 M
OPERATING INCOME
165 M
NET INCOME
197 M
OPERATING CASH FLOW
-411 M
INVESTING CASH FLOW
455 M
FINANCING CASH FLOW
166 M
REVENUE
0
OPERATING INCOME
51.3 M
NET INCOME
57 M
OPERATING CASH FLOW
11 M
INVESTING CASH FLOW
-84.8 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Trustmark Corporation
| Current Assets | 976 M |
| Cash & Short-Term Investments | 976 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 17.7 B |
| Long-Term Investments | 3.19 B |
| PP&E | 271 M |
| Other Non-Current Assets | 14.3 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 17.1 B |
| Long-Term Debt | 631 M |
| Other Non-Current Liabilities | 16.4 B |
EFFICIENCY
Earnings Waterfall
Trustmark Corporation
| Revenue | 735 M |
| Cost Of Revenue | 0 |
| Gross Profit | 735 M |
| Operating Expenses | 360 M |
| Operating Income | 375 M |
| Other Expenses | 209 M |
| Net Income | 165 M |
RATIOS
100.00%
GROSS MARGIN
51.00%
OPERATING MARGIN
22.51%
NET MARGIN
9.96%
ROE
0.88%
ROA
13.99%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Trustmark Corporation
| Net Income | 165 M |
| Depreciation & Amortization | 35.8 M |
| Capital Expenditures | -48.7 M |
| Stock-Based Compensation | 6.16 M |
| Change in Working Capital | 9.21 M |
| Others | -5.71 M |
| Free Cash Flow | 148 M |
Wall Street Analysts Price Targets
Trustmark Corporation
Wall Street analysts predict an average 1-year price target for TRMK of $36.3 , with forecasts ranging from a low of $34 to a high of $38 .
TRMK Lowest Price Target
Wall Street Target
34 USD
-10.88%
TRMK Average Price Target
Wall Street Target
36.3 USD
-4.76%
TRMK Highest Price Target
Wall Street Target
38 USD
-0.39%
4. DIVIDEND ANALYSIS
0.73%
DIVIDEND YIELD
0.23 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Trustmark Corporation
Sold
0-3 MONTHS
823 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
84 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 days ago
Nov 12, 2024
|
Sell 525 K USD
|
HOST GERARD R
Director |
- 13208
|
39.73 USD |
|
4 days ago
Nov 13, 2024
|
Sell 270 K USD
|
HOST GERARD R
Director |
- 6792
|
39.74 USD |
|
2 weeks ago
Oct 30, 2024
|
Sell 28.4 K USD
|
Eduardo Marcelo L
Director |
- 790
|
35.89 USD |
|
10 months ago
Dec 19, 2023
|
Sell 55.9 K USD
|
PUCKETT RICHARD H
Director |
- 2015
|
27.72 USD |
|
10 months ago
Dec 19, 2023
|
Sell 28.1 K USD
|
PUCKETT RICHARD H
Director |
- 1018
|
27.63 USD |
|
1 year ago
Nov 08, 2023
|
Sell 22.5 K USD
|
Eduardo Marcelo L
Director |
- 1060
|
21.198 USD |
|
1 year ago
May 15, 2023
|
Bought 42.2 K USD
|
PUCKETT RICHARD H
Director |
+ 2000
|
21.11 USD |
|
1 year ago
May 12, 2023
|
Bought 40.8 K USD
|
PUCKETT RICHARD H
Director |
+ 2000
|
20.4 USD |
|
1 year ago
May 15, 2023
|
Bought 21 K USD
|
BAKER ADOLPHUS B
Director |
+ 1000
|
21 USD |
|
1 year ago
May 12, 2023
|
Bought 20.5 K USD
|
BAKER ADOLPHUS B
Director |
+ 1000
|
20.51 USD |
|
1 year ago
Jan 27, 2023
|
Bought 42.4 K USD
|
Conerly Tracy T
Director |
+ 1500
|
28.24 USD |
|
2 years ago
Jul 28, 2022
|
Sell 24.9 K USD
|
Eduardo Marcelo L
director: |
- 780
|
31.92 USD |
|
2 years ago
Dec 10, 2021
|
Sell 19.2 K USD
|
Eduardo Marcelo L
Director |
- 605
|
31.69 USD |
|
2 years ago
Nov 22, 2021
|
Sell 48.5 K USD
|
Conerly Tracy T
Director |
- 1451
|
33.45 USD |
|
3 years ago
Jun 02, 2021
|
Sell 202 K USD
|
Stevens Wayne A
Executive Officer |
- 6000
|
33.59 USD |
|
3 years ago
Mar 09, 2021
|
Sell 341 K USD
|
HOST GERARD R
Executive Chairman |
- 10000
|
34.06 USD |
|
3 years ago
Mar 09, 2021
|
Sell 341 K USD
|
HOST GERARD R
Executive Chairman |
- 10000
|
34.07 USD |
|
3 years ago
Jan 29, 2021
|
Sell 115 K USD
|
WALKER HARRY M
Director |
- 4107
|
27.92 USD |
|
4 years ago
May 19, 2020
|
Bought 56.1 K USD
|
PUCKETT RICHARD H
Director |
+ 2500
|
22.42 USD |
|
4 years ago
May 19, 2020
|
Bought 57.5 K USD
|
PUCKETT RICHARD H
Director |
+ 2500
|
22.99 USD |
|
4 years ago
May 14, 2020
|
Bought 20.5 K USD
|
BAKER ADOLPHUS B
Director |
+ 1000
|
20.52 USD |
|
5 years ago
Aug 21, 2019
|
Sell 654 K USD
|
Tyler Breck W
Executive Officer of |
- 19398
|
33.7019 USD |
|
5 years ago
May 02, 2019
|
Sell 1.61 K USD
|
Tyler Breck W
Executive Officer of |
- 45
|
35.85 USD |
|
5 years ago
May 02, 2019
|
Sell 1.61 K USD
|
Tyler Breck W
Executive Officer of |
- 45
|
35.85 USD |
|
5 years ago
May 01, 2019
|
Sell 67.9 K USD
|
Tyler Breck W
Executive Officer of |
- 1900
|
35.74 USD |
|
5 years ago
May 01, 2019
|
Sell 17.8 K USD
|
Tyler Breck W
Executive Officer of |
- 500
|
35.69 USD |
|
5 years ago
Apr 29, 2019
|
Sell 36 K USD
|
Woods Charles Scott
Executive Officer of |
- 1000
|
35.96 USD |
|
5 years ago
Apr 29, 2019
|
Sell 36 K USD
|
Woods Charles Scott
Executive Officer of |
- 1000
|
35.96 USD |
|
5 years ago
Apr 26, 2019
|
Sell 176 K USD
|
Harvey Robert B
Executive Officer of |
- 4941
|
35.59 USD |
|
5 years ago
Apr 26, 2019
|
Sell 54.1 K USD
|
Harvey Robert B
Executive Officer of |
- 1520
|
35.61 USD |
|
5 years ago
Mar 04, 2019
|
Sell 66.9 K USD
|
WALKER HARRY M
|
- 1880
|
35.57 USD |
|
5 years ago
Feb 01, 2019
|
Sell 78.8 K USD
|
Woods Charles Scott
Executive Officer of |
- 2500
|
31.503 USD |
|
5 years ago
Dec 10, 2018
|
Sell 54.3 K USD
|
WALKER LEROY G JR
Director |
- 1789
|
30.35 USD |
|
5 years ago
Dec 07, 2018
|
Sell 61.9 K USD
|
WALKER LEROY G JR
Director |
- 2000
|
30.95 USD |
|
5 years ago
Nov 26, 2018
|
Sell 44.3 K USD
|
Woods Charles Scott
Executive Officer of |
- 1400
|
31.6541 USD |
|
5 years ago
Nov 26, 2018
|
Sell 3.17 K USD
|
Woods Charles Scott
Executive Officer of |
- 100
|
31.66 USD |
|
6 years ago
Jul 27, 2018
|
Sell 57.4 K USD
|
WALKER HARRY M
|
- 1626
|
35.305 USD |
|
6 years ago
Jul 27, 2018
|
Sell 7.06 K USD
|
WALKER HARRY M
|
- 200
|
35.301 USD |
|
6 years ago
Jul 27, 2018
|
Sell 63.7 K USD
|
Woods Charles Scott
Executive Officer of |
- 1800
|
35.415 USD |
|
6 years ago
Jul 27, 2018
|
Sell 7.08 K USD
|
Woods Charles Scott
Executive Officer of |
- 200
|
35.411 USD |
|
6 years ago
Dec 07, 2017
|
Sell 20 K USD
|
Woods Charles Scott
Executive Officer of |
- 600
|
33.32 USD |
|
7 years ago
Jul 28, 2017
|
Sell 1.12 K USD
|
Woods Charles Scott
Executive Officer of |
- 35
|
32.02 USD |
|
7 years ago
Jul 28, 2017
|
Sell 18.1 K USD
|
Woods Charles Scott
Executive Officer of |
- 565
|
31.98 USD |
|
7 years ago
Jul 28, 2017
|
Sell 12.8 K USD
|
Woods Charles Scott
Executive Officer of |
- 400
|
32.03 USD |
|
7 years ago
Jun 01, 2017
|
Sell 174 K USD
|
DEWEY DUANE A
|
- 5648
|
30.85 USD |
|
7 years ago
Jun 01, 2017
|
Sell 3.09 K USD
|
DEWEY DUANE A
|
- 100
|
30.88 USD |
|
7 years ago
Apr 28, 2017
|
Sell 300 K USD
|
Ingram Donald Glynn
Executive Officer of |
- 9000
|
33.31 USD |
|
7 years ago
Apr 27, 2017
|
Sell 336 USD
|
WALKER HARRY M
|
- 10
|
33.55 USD |
|
7 years ago
Apr 27, 2017
|
Sell 146 K USD
|
WALKER HARRY M
|
- 4362
|
33.53 USD |
|
7 years ago
Apr 27, 2017
|
Sell 101 K USD
|
WALKER HARRY M
|
- 3009
|
33.54 USD |
|
7 years ago
Apr 27, 2017
|
Sell 336 USD
|
WALKER HARRY M
|
- 10
|
33.55 USD |
|
7 years ago
Apr 27, 2017
|
Sell 146 K USD
|
WALKER HARRY M
|
- 4362
|
33.53 USD |
|
7 years ago
Apr 27, 2017
|
Sell 101 K USD
|
WALKER HARRY M
|
- 3009
|
33.54 USD |
|
8 years ago
Nov 15, 2016
|
Sell 1.28 K USD
|
Gunn George C III
Director |
- 40
|
31.971 USD |
|
8 years ago
Nov 15, 2016
|
Sell 286 K USD
|
Gunn George C III
Director |
- 8960
|
31.9365 USD |
|
8 years ago
Jan 29, 2016
|
Bought 17.8 K USD
|
Ingram Donald Glynn
Executive Officer of |
+ 836
|
21.3 USD |
7. News
Trustmark Corporation (TRMK) Q3 2024 Earnings Call Transcript
Trustmark Corporation (NASDAQ:TRMK ) Q3 2024 Earnings Conference Call October 23, 2024 9:30 AM ET Company Participants Joey Rein - Investor Relations Duane Dewey - President and Chief Executive Officer Tom Owens - Chief Financial Officer Barry Harvey - Chief Credit and Operations Officer Tom Chambers - Chief Accounting Officer Conference Call Participants Will Jones - KBW Tim Mitchell - Raymond James Gary Tenner - D.A. Davidson Christopher Marinac - Janney Operator Good morning, ladies and gentlemen, and welcome to Trustmark Corporation's Third Quarter Earnings Conference Call.
seekingalpha.com
- 3 weeks ago
Trustmark (TRMK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Trustmark (TRMK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 weeks ago
Trustmark (TRMK) Tops Q3 Earnings and Revenue Estimates
Trustmark (TRMK) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.64 per share a year ago.
zacks.com
- 3 weeks ago
Trustmark (TRMK) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Trustmark (TRMK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
zacks.com
- 3 weeks ago
Trustmark (TRMK) Earnings Expected to Grow: Should You Buy?
Trustmark (TRMK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Why Trustmark (TRMK) is Poised to Beat Earnings Estimates Again
Trustmark (TRMK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 1 month ago
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
zacks.com
- 1 month ago
These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
zacks.com
- 1 month ago
Trustmark Corporation to Announce Third Quarter Financial Results October 22 and Conduct Earnings Conference Call October 23
JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Third Quarter Financial Results October 22 and Conduct Earnings Conference Call October 23.
businesswire.com
- 1 month ago
Trustmark Mutual Holding Company Announces Promotion of John Anderson to President
LAKE FOREST, Ill.--(BUSINESS WIRE)--Trustmark Mutual Holding Company is pleased to announce the promotion of John Anderson to President.
businesswire.com
- 2 months ago
Here's What Key Metrics Tell Us About Trustmark (TRMK) Q2 Earnings
While the top- and bottom-line numbers for Trustmark (TRMK) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 months ago
Trustmark (TRMK) Surpasses Q2 Earnings Estimates
Trustmark (TRMK) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.74 per share a year ago.
zacks.com
- 3 months ago
8. Profile Summary
Trustmark Corporation TRMK
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.33 B
Dividend Yield
0.73%
Description
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. As of December 31, 2021, it operated 167 full-service branches and 13 limited service branches; and 198 automated teller machines and 69 interactive teller machines. The company was founded in 1889 and is headquartered in Jackson, Mississippi.
Contact
248 East Capitol Street, Jackson, MS, 39201
https://www.trustmark.com
IPO Date
March 17, 1980
Employees
2500
Officers
Mr. F. Joseph Rein Jr.
Executive Vice President & Director of Corporate Strategy
Mr. Duane Arthur Dewey CFP, M.A.
President, Chief Executive Officer & Director
Mr. George T. Chambers Jr.
Principal Accounting Officer
Ms. Melanie A. Morgan
Senior Vice President & Director of Corporate Communications & Marketing
Mr. Thomas C. Owens
Principal Financial Officer & Treasurer
Mr. Granville Tate Jr.
Secretary