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Trustmark Corporation (TRMK)

NEUTRAL
Financial ServicesBanks - RegionalUnited States

Fundamental

67

Price

$46.26

Market Cap

$2.72B

Part 1 · What the company is worth

Overview

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. It operates through General Banking and Wealth Management segments. The company offers checking, savings and money market accounts, and certificates of deposit, as well as certificates of deposit and individual retirement accounts; and treasury management services. It also provides loans comprising 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. In addition, the company offers mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing; 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 institutional custody for large governmental entities and foundations, financial and estate planning, and retirement plan services. Further, it provides an intermediary vehicle for the provision of loans or investments in low-income communities. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.

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Direct competitors

Who this company fights with for the same customers

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Balance Sheet & Liquidity

Revenue

$818M

Trailing 12 months (through 6/30/2026)

Net Income

$234M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$232M

Total Equity

$2.12B

Total Liabilities

$16.80B

Current Ratio

-

Interest Coverage

0.44

Debt/EBITDA

-

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

Growth grid

Growth — Revenue

Fair Value Estimation

BankFairly Valued

Fair Value

$49.34

Current Price

$46.26

Margin of Safety

+6.2%

Fair Value Range

$36.75 - $61.93

Estimation Methods

Analyst price target:$49.25
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$46.27
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):Not applicable to this type of company
Justified P/B:$60.61
Dividend discount (Gordon):$24.36
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Buy (6B / 6H / 0S)
Last Earnings Surprise:+10.02%

Valuation Metrics

P/E Ratio

11.82

ROE

10.6%

P/B Ratio

1.26

P/FCF

14.44

Gross Margin

-

ROIC

-

Profitability Radar

Value Creation (Economic Moat)

ROIC

-

WACC

9.7%

ROIC − WACC

-

Fundamental Analysis Criteria

Passed (17)

  • EPS shows upward trend
  • EPS CAGR 5.09%
  • P/FCF 14.44
  • P/B Ratio 1.26
  • Operating Margin 35.0%
  • Positive Free Cash Flow
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • ROE 11.0%
  • Analyst Consensus 50% Buy
  • Earnings Surprise avg 4.8%
  • PEG Ratio 1.49
  • Earnings Quality (OCF/NI) 0.89
  • Share Dilution -1.4%
  • Net Margin Trend 28.7% vs 27.8%
  • Piotroski F-Score 6/9

Failed (6)

  • Price CAGR 2.70%
  • Debt/Equity ratio
  • Interest Coverage
  • Return on Tangible Assets
  • DCF valuation (Fairly valued)
  • Revenue Growth 5Y 3.8%

Unavailable (5)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Current Ratio
  • Debt/EBITDA

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

0.89

Moderate: some gap between profits and cash

Share Dilution

-1.4%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Duane Arthur Dewey CFP, M.A.President, CEO & Director66
Mr. Granville Tate Jr.Chief Administrative Officer & Secretary68
Mr. Joseph E. BondPrincipal Financial Officer, Treasurer & Director62
Mr. George T. Chambers Jr.Principal Accounting Officer64
Mr. F. Joseph Rein Jr.Executive VP, Assistant Secretary & Director of Corporate Strategy-
Ms. Melanie A. MorganExecutive VP and Director of Corporate Communications & Marketing-

Audit Risk

6

Board Risk

5

Compensation Risk

1

Shareholder Rights Risk

1

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for TRMK, sourced from Markets Gazette.

No recent news for TRMK.