Trustmark Corporation (NASDAQ:TRMK) Given Consensus Recommendation of “Hold” by Brokerages

Trustmark Corporation (NASDAQ:TRMK) has earned an average recommendation of “Hold” from the five research firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $42.3333.

Several analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Trustmark in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of Trustmark from a “hold” rating to a “sell” rating in a research note on Saturday, January 17th.

Trustmark News Summary

Here are the key news stories impacting Trustmark this week:

• Positive Sentiment: Reported Q4 results beat expectations: EPS $0.97 vs. $0.91 consensus and reported revenue of $209.4M (above consensus). Company also showed solid margins and ROE, supporting near-term earnings confidence. Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2025 Financial Results
• Positive Sentiment: Board raised the quarterly dividend to $0.25 (4.2% increase), implying a ~2.4% yield and an ex-dividend date of Feb. 27 — a shareholder-friendly move that supports income-focused investor demand.
• Neutral Sentiment: Analysts and outlets are parsing underlying metrics (loan/deposit trends, fees, margin drivers) to assess sustainability of the beat; deeper metric analysis may influence guidance revisions and analyst estimates. Compared to Estimates, Trustmark (TRMK) Q4 Earnings: A Look at Key Metrics
• Neutral Sentiment: Earnings call / transcript and company slide deck are available for details on management commentary and any updated outlook; investors should review comments on credit, net interest margin, and capital deployment. Trustmark (TRMK) Q3 2024 Earnings Call Transcript
• Negative Sentiment: Some outlets reported a negative market reaction (intraday share weakness) citing concerns about revenue/mix or other items despite the EPS beat — this suggests investors are focused on quality of earnings and forward guidance, which could pressure the stock if unresolved. Trustmark shares tumble as revenue misses estimates despite earnings beat

Institutional Trading of Trustmark

Institutional investors and hedge funds have recently modified their holdings of the stock. M&T Bank Corp bought a new position in shares of Trustmark in the fourth quarter valued at approximately $319,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Trustmark by 6.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,965 shares of the financial services provider’s stock valued at $739,000 after buying an additional 1,138 shares during the last quarter. Blue Trust Inc. bought a new position in Trustmark during the 4th quarter valued at $31,000. Wedge Capital Management L L P NC boosted its holdings in Trustmark by 0.9% during the 4th quarter. Wedge Capital Management L L P NC now owns 29,552 shares of the financial services provider’s stock worth $1,151,000 after acquiring an additional 269 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in Trustmark during the 4th quarter worth $76,000. 67.64% of the stock is owned by hedge funds and other institutional investors.

Trustmark Stock Performance

Shares of Trustmark stock opened at $42.11 on Thursday. The business has a 50-day simple moving average of $40.09 and a 200 day simple moving average of $39.25. Trustmark has a one year low of $29.77 and a one year high of $43.29. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 11.51 and a beta of 0.69.

Trustmark (NASDAQ:TRMK) last announced its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.06. The firm had revenue of $209.44 million during the quarter, compared to analysts’ expectations of $207.05 million. Trustmark had a return on equity of 10.83% and a net margin of 19.95%.During the same quarter last year, the firm posted $0.92 earnings per share. On average, research analysts anticipate that Trustmark will post 3.42 earnings per share for the current fiscal year.

Trustmark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 15th. Investors of record on Sunday, March 1st will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, February 27th. This is a positive change from Trustmark’s previous quarterly dividend of $0.24. Trustmark’s payout ratio is 26.23%.

Trustmark Company Profile

Trustmark Corporation is a financial services holding company headquartered in Jackson, Mississippi. Through its principal subsidiary, Trustmark National Bank, the company provides a broad spectrum of commercial and consumer banking services. Trustmark’s offerings include deposit accounts, lending solutions, cash management services, residential and commercial mortgage financing, and credit card processing.

In addition to traditional banking, Trustmark offers trust and wealth management services designed to meet the needs of high-net-worth individuals, families and institutional clients.