(TRMK) Trustmark - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 2.526m USD | Total Return: 31.1% in 12m
Avg Turnover: 15.5M
EPS Trend: 84.8%
Qual. Beats: 2
Rev. Trend: 71.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Trustmark Corporation (TRMK) is a regional financial services holding company headquartered in Jackson, Mississippi. Operating primarily through its subsidiary, Trustmark National Bank, the firm provides a diversified suite of services including commercial and retail banking, mortgage origination, and wealth management. Its lending portfolio is broad, covering commercial and industrial projects, real estate development, and consumer installment loans.
As a regional bank, Trustmark relies on the net interest margin-the spread between interest earned on loans and interest paid on deposits-as a primary revenue driver. Unlike larger money-center banks, regional institutions like Trustmark often maintain a concentrated geographic footprint, which ties their performance closely to the economic health of specific Southeastern markets. The company also generates non-interest income through its specialized segments, such as institutional custody and secondary mortgage marketing.
Examining the latest financial metrics on ValueRay can provide deeper insight into the companys current valuation. Trustmark continues to serve individual and corporate clients through its established infrastructure dating back to 1889.
- Net interest margin sensitivity to Federal Reserve monetary policy shifts
- Commercial and industrial loan growth in core Southeastern markets
- Non-interest income performance from mortgage banking and wealth management
- Credit quality stability within the commercial real estate loan portfolio
- Efficiency ratio improvements through digital banking and branch optimization
| Net Income: 226.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.14 > 1.0 |
| NWC/Revenue: -247.8% < 20% (prev -1.58k%; Δ 1.33k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 188.6m > Net Income 226.6m |
| Net Debt (461.4m) to EBITDA (326.0m): 1.42 < 3 |
| Current Ratio: 0.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (59.1m) vs 12m ago -3.25% < -2% |
| Gross Margin: 66.38% > 18% (prev 0.53%; Δ 6.59k% > 0.5%) |
| Asset Turnover: 6.40% > 50% (prev 4.55%; Δ 1.85% > 0%) |
| Interest Coverage Ratio: 0.78 > 6 (EBITDA TTM 326.0m / Interest Expense TTM 366.7m) |
| A: -0.16 (Total Current Assets 526.6m - Total Current Liabilities 3.48b) / Total Assets 19.0b |
| B: 0.11 (Retained Earnings 2.08b / Total Assets 19.0b) |
| C: 0.02 (EBIT TTM 286.0m / Avg Total Assets 18.6b) |
| D: 0.12 (Book Value of Equity 2.07b / Total Liabilities 16.9b) |
| Altman-Z'' = -0.43 = B |
As of May 24, 2026, the stock is trading at USD 44.46 with a total of 301,484 shares traded.
Over the past week, the price has changed by +3.02%,
over one month by -0.27%,
over three months by +3.79% and
over the past year by +31.11%.
Trustmark has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold TRMK.
- StrongBuy: 1
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 47.5 | 6.7% |
P/E Forward = 11.8906
P/S = 3.1664
P/B = 1.2309
P/EG = 2.2868
Revenue TTM = 1.19b USD
EBIT TTM = 286.0m USD
EBITDA TTM = 326.0m USD
Long Term Debt = 458.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 385.0m USD (from shortTermDebt, last quarter)
Debt = 988.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 39.7m
Net Debt = 461.4m USD (calculated: Debt 988.0m - CCE 526.6m)
Enterprise Value = 2.99b USD (2.53b + Debt 988.0m - CCE 526.6m)
Interest Coverage Ratio = 0.78 (Ebit TTM 286.0m / Interest Expense TTM 366.7m)
EV/FCF = 12.71x (Enterprise Value 2.99b / FCF TTM 235.0m)
FCF Yield = 7.87% (FCF TTM 235.0m / Enterprise Value 2.99b)
FCF Margin = 19.70% (FCF TTM 235.0m / Revenue TTM 1.19b)
Net Margin = 19.00% (Net Income TTM 226.6m / Revenue TTM 1.19b)
Gross Margin = 66.38% ((Revenue TTM 1.19b - Cost of Revenue TTM 401.0m) / Revenue TTM)
Gross Margin QoQ = 73.21% (prev 72.56%)
Tobins Q-Ratio = 0.16 (Enterprise Value 2.99b / Total Assets 19.0b)
Interest Expense / Debt = 37.12% (Interest Expense 366.7m / Debt 988.0m)
Taxrate = 20.94% (14.9m / 71.0m)
NOPAT = 226.1m (EBIT 286.0m * (1 - 20.94%))
Current Ratio = 0.03 (Total Current Assets 526.6m / Total Current Liabilities 17.9b)
Debt / Equity = 0.46 (Debt 988.0m / totalStockholderEquity, last quarter 2.13b)
Debt / EBITDA = 1.42 (Net Debt 461.4m / EBITDA 326.0m)
Debt / FCF = 1.96 (Net Debt 461.4m / FCF TTM 235.0m)
Total Stockholder Equity = 2.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.22% (Net Income 226.6m / Total Assets 19.0b)
RoE = 10.75% (Net Income TTM 226.6m / Total Stockholder Equity 2.11b)
RoCE = 11.14% (EBIT 286.0m / Capital Employed (Equity 2.11b + L.T.Debt 458.8m))
RoIC = 1.20% (NOPAT 226.1m / Invested Capital 18.9b)
WACC = 14.79% (E(2.53b)/V(3.51b) * Re(9.10%) + D(988.0m)/V(3.51b) * Rd(37.12%) * (1-Tc(0.21)))
Discount Rate = 9.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -64.44 | Cagr: -1.63%
[DCF] Terminal Value 54.89% ; FCFF base≈242.0m ; Y1≈228.8m ; Y5≈214.8m
[DCF] Fair Price = 20.06 (EV 1.64b - Net Debt 461.4m = Equity 1.18b / Shares 58.6m; r=14.79% [WACC]; 5y FCF grow -6.98% → 2.50% )
EPS Correlation: 84.85 | EPS CAGR: 13.73% | SUE: 2.60 | # QB: 2
Revenue Correlation: 71.65 | Revenue CAGR: 12.27% | SUE: 0.56 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.96 | Chg30d=+1.06% | Revisions=+33% | Analysts=6
EPS next Quarter (2026-09-30): EPS=1.00 | Chg30d=+1.69% | Revisions=+25% | Analysts=6
EPS current Year (2026-12-31): EPS=3.90 | Chg30d=+2.58% | Revisions=+56% | GrowthEPS=+5.5% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=4.10 | Chg30d=+0.78% | Revisions=+33% | GrowthEPS=+5.0% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +56%