TRMK Stock - Trustmark Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $831.37M | $916.33M | $583.32M | $567.82M | $649.63M |
| Gross Profit | $414.20M | $565.80M | $513.31M | $568.11M | $562.79M |
| Gross Margin | 49.8% | 61.7% | 88.0% | 100.1% | 86.6% |
| Operating Income | $34.06M | $181.03M | $59.10M | $175.41M | $189.78M |
| Net Income | $223.01M | $165.49M | $71.89M | $147.37M | $160.03M |
| Net Margin | 26.8% | 18.1% | 12.3% | 26.0% | 24.6% |
| EPS | $3.65 | $2.71 | $1.17 | $2.35 | $2.52 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 24th 2025 | Hovde Group | Reiterated | Market Perform | $41← $37 |
| April 28th 2025 | Hovde Group | Reiterated | Market Perform | $37← $36 |
| January 24th 2025 | Janney | Initiation | Buy | $42 |
| October 29th 2024 | Hovde Group | Reiterated | Market Perform | $37← $34 |
| April 25th 2024 | Keefe Bruyette | Upgrade | Outperform | $36← $30 |
| April 6th 2023 | Raymond James | Downgrade | Market Perform | - |
| February 21st 2023 | Raymond James | Upgrade | Outperform | $34 |
| January 9th 2023 | DA Davidson | Initiation | Neutral | $38 |
Earnings History & Surprises
TRMKEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 20, 2026 | — | — | — | — |
Q1 2026 | Jan 27, 2026 | $0.91 | — | — | — |
Q4 2025 | Oct 28, 2025 | $0.95 | $0.94 | -1.1% | ✗ MISS |
Q3 2025 | Jul 22, 2025 | $0.86 | $0.92 | +7.0% | ✓ BEAT |
Q2 2025 | Apr 22, 2025 | $0.82 | $0.88 | +7.3% | ✓ BEAT |
Q1 2025 | Jan 28, 2025 | $0.83 | $0.92 | +10.8% | ✓ BEAT |
Q4 2024 | Oct 22, 2024 | $0.82 | $0.84 | +2.4% | ✓ BEAT |
Q3 2024 | Jul 23, 2024 | $0.61 | $0.66 | +8.2% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $0.61 | $0.68 | +11.5% | ✓ BEAT |
Q1 2024 | Jan 23, 2024 | $0.57 | $0.59 | +3.5% | ✓ BEAT |
Q4 2023 | Oct 24, 2023 | $0.67 | $0.56 | -16.4% | ✗ MISS |
Q3 2023 | Jul 25, 2023 | $0.59 | $0.74 | +25.4% | ✓ BEAT |
Q2 2023 | Apr 25, 2023 | $0.67 | $0.82 | +22.4% | ✓ BEAT |
Q1 2023 | Jan 24, 2023 | $0.82 | $0.68 | -17.1% | ✗ MISS |
Q4 2022 | Oct 25, 2022 | $0.63 | $0.69 | +9.5% | ✓ BEAT |
Q3 2022 | Jul 26, 2022 | $0.47 | $0.56 | +19.1% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $0.40 | $0.47 | +17.5% | ✓ BEAT |
Q1 2022 | Jan 25, 2022 | $0.49 | $0.42 | -14.3% | ✗ MISS |
Q4 2021 | Oct 26, 2021 | $0.49 | $0.49 | 0.0% | = MET |
Q3 2021 | Jul 27, 2021 | $0.67 | $0.76 | +13.4% | ✓ BEAT |
Latest News
Trustmark Corp Files For Mixed Shelf; Size Not Disclosed
➖ NeutralCORRECTION: Trustmark Q3 Adj. EPS $0.94 Beats $0.93 Estimate, Sales $205.149M Miss $205.851M Estimate
➖ NeutralTrustmark Q3 Adj. EPS $0.92 Misses $0.93 Estimate, Sales $205.149M Miss $205.851M Estimate
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