Trustmark

Trustmark Corp. is a bank holding company. The firm engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management and Insurance. The General Banking segment offers traditional banking products & services, including commercial and consumer banking services, such as checking accounts, savings programs, overdraft facilities, commercial, installment & real estate loans, home equity loans, lines of credit, drive-in & night deposit services and safe deposit facilities. The Wealth Management segment provides integrating financial services and traditional banking products & services, such as private banking, money management, full-service brokerage, financial planning, personal & institutional trust and retirement services. The Insurance segment supplies retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage services. The company was founded on August 5, 1968 and is headquartered in Jackson, MS.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Trustmark reports solid Q4 performance amidst deposit challenges

Trustmark delivered a strong performance in Q4 despite a settlement expense.
The company's focus on loan growth and credit quality bodes well for the future.
Opportunities lie in projected loan and net interest income growth.
Challenges include deposit fluctuations and managing provision for credit losses.

Trustmark reports solid Q1 earnings, eyes growth amid challenges

Trustmark's Q1 performance showcased strong financial results, solid credit quality, and strategic initiatives for growth and value creation.
While the company faces challenges in a dynamic market environment, opportunities in deposit growth and strategic capital deployment are key focus areas.
Investors can look forward to Trustmark's continued emphasis on prudent risk management, sustainable growth strategies, and shareholder value enhancement.

Trustmark reports solid Q2 earnings, eyes growth amid challenges

Trustmark's Q2 performance reflects strong financial metrics and a focus on sustainable growth strategies.
While facing challenges from the macroeconomic environment, the bank is well-positioned to capitalize on opportunities in loan growth and technology investments.
Overall, Trustmark's solid performance, diversified portfolio, and strategic initiatives set a positive trajectory for future growth and efficiency.

Trustmark reports solid Q3 earnings, eyes efficiency and shareholder value

Trustmark's Q3 performance showcased growth in key areas, solid credit quality, and a focus on efficiency and shareholder value.
Challenges include a decrease in noninterest income and potential impact of rising deposit costs on margins.
Opportunities lie in leveraging technology, supporting lending growth, and exploring potential buyback strategies.

Trustmark Corporation reports robust earnings and optimistic growth outlook

Trustmark's Q4 2023 earnings call showcased strong financial performance, with notable growth in net income, loans, and deposits. The company's focus on maintaining credit quality and increasing noninterest income positions it well for future growth. While managing expenses remains a challenge, Trustmark's positive outlook for 2024 presents opportunities for continued expansion.

Trustmark reports strong Q1 earnings, sells insurance agency for growth

Trustmark's Q1 2024 performance showcased strength in financial metrics and strategic decision-making.
While facing challenges in credit risk and operational adjustments, the company is well-positioned for growth.
Opportunities from the sale of the insurance agency and growth projections signal a positive outlook for Trustmark.
Investors can be optimistic about Trustmark's financial health, growth prospects, and shareholder value enhancement.

Trustmark boosts earnings and capital strength, eyes disciplined growth strategies

Trustmark's Q2 performance reflected proactive measures to enhance financial metrics and risk management. While facing challenges in meeting growth targets, the company has opportunities to optimize capital deployment and strengthen its loan and deposit portfolios.

Trustmark reports solid Q3 earnings, eyes growth through strategic initiatives

Trustmark's Q3 performance reflects a stable financial position with a focus on growth. Despite challenges in expenses and credit quality, the company's strategic initiatives and opportunities for capital deployment present avenues for future success.

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Trustmark Corp. is a bank holding company, which engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management, and Insurance. The General Banking segment offers traditional banking products and service. The Wealth Management segment provides integrated financial services and traditional banking products and services, such as private banking, money management, full-service brokerage, financial planning, personal and institutional trust, and retirement services. The Insurance segment supplies retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage services. The company was founded on August 5, 1968 and is headquartered in Jackson, MS.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Trustmark (TRMK) Stock Undervalued Right Now?

Trustmark Corporation has seen its deposits grow, but its share price has not recovered significantly. The company offers a wide array of banking services, including commercial and consumer banking, mortgages, insurance, and wealth management. Trustmark's financial performance has improved, with net interest income and net profits rising compared to the previous year.

Trustmark Corporation: An Opportunity To Be Cautious About

Trustmark (TRMK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Trustmark (TRMK): Time to Buy?

While the top- and bottom-line numbers for Trustmark (TRMK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Trustmark (TRMK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Trustmark (TRMK) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.56 per share a year ago.

Trustmark (TRMK) Surpasses Q2 Earnings and Revenue Estimates

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation Announces Second Quarter 2023 Financial Results.

Trustmark Corporation Announces Second Quarter 2023 Financial Results

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Second Quarter Financial Results July 25 and Conduct Earnings Conference Call July 26.

Trustmark Corporation to Announce Second Quarter Financial Results July 25 and Conduct Earnings Conference Call July 26

A solid loan and deposit balance, higher rates and a focus on improving fee income are likely to continue to support Trustmark Corporation's (TRMK) financials going forward.

5 Reasons Why Trustmark Corporation (TRMK) Stock Is a Must Buy

Trustmark (TRMK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Trustmark (TRMK) Rating Upgrade to Strong Buy

Trustmark Corporation (TRMK) Q1 2023 Earnings Call Transcript.

Trustmark Corporation (TRMK) Q1 2023 Earnings Call Transcript

Trustmark (TRMK) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.47 per share a year ago.

Trustmark (TRMK) Beats Q1 Earnings and Revenue Estimates

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation Announces First Quarter 2023 Financial Results.

Trustmark Corporation Announces First Quarter 2023 Financial Results

Trustmark (TRMK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Trustmark (TRMK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Trustmark Corporation to Announce First Quarter Financial Results April 25 and Conduct Earnings Conference Call April 26

Trustmark Corporation [TRMK] Q4 2022 Earnings Conference Call January 25, 2023 9:30 AM ET Company Participants Duane Dewey - President & CEO Barry Harvey - CCO Tom Owens - CFO Tom Chambers - Chief Accounting Officer Joey Rein - SVP & Director Corporate Strategy Conference Call Participants Catherine Mealor - KBW Kevin Fitzsimmons - D.A. Davidson Dave Bishop - Hovde Group Carl Doirin - Raymond James Operator Good morning, ladies and gentlemen, and welcome to Trustmark Corporation's Fourth Quarter Earnings Conference Call.

Trustmark Corporation (TRMK) Q4 2022 Earnings Call Transcript

Trustmark (TRMK) delivered earnings and revenue surprises of -17.07% and 0.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Trustmark (TRMK) Misses Q4 Earnings and Revenue Estimates

JACKSON, Miss.--( BUSINESS WIRE )--Trustmark Corporation (NASDAQGS:TRMK) reported a loss of $34.1 million, or $0.56 per diluted share, in the fourth quarter of 2022. As previously disclosed, Trustmark agreed to a settlement that, pending court approval, will resolve all current and potential future claims relating to litigation involving the Stanford Financial Group that began in 2009. In the fourth quarter, Trustmark recognized litigation settlement expense of $100.0 million as well as an additional $750 thousand in legal fees, which are included in noninterest expense. The litigation settlement expense reduced fourth quarter net income by $75.6 million, or $1.24 per diluted share. Excluding this expense, Trustmark's fourth quarter net income totaled $41.5 million, or $0.68 per diluted share. For the full year, Trustmark's net income totaled $71.9 million, representing diluted earnings per share of $1.17. Excluding the litigation settlement expense, Trustmark's net income in 2022 totaled $147.5 million, representing diluted earnings per share of $2.40. Please refer to the Consolidated Financial Information, Note 1 – Litigation Settlement and Note 7 – Non-GAAP Financial Measures. Trustmark's Board of Directors declared a quarterly cash dividend of $0.23 per share payable March 15, 2023, to shareholders of record on March 1, 2023.

Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2022 Financial Results

JACKSON, Miss.--( BUSINESS WIRE )--Trustmark Corporation (NASDAQGS:TRMK) will announce its fourth quarter 2022 financial results in a news release on Tuesday, January 24, 2023, after close of the market. Duane A. Dewey, President and Chief Executive Officer, will conduct a conference call with analysts on Wednesday, January 25, 2023, at 8:30 a.m. Central Time to discuss the Corporation's financial results. Interested parties may listen to the conference call by dialing (877) 317-3051 or by clicking on the link provided under the Investor Relations section of our website at www.trustmark.com. A replay of the conference call will also be available through Wednesday, February 8, 2023, in archived format at the same web address or by calling (877) 344-7529, passcode 3725903.

Trustmark Corporation to Announce Fourth Quarter Financial Results January 24 and Conduct Earnings Conference Call January 25

Can Trustmark (TRMK) Run Higher on Rising Earnings Estimates?

Trustmark Corporation (NASDAQ:TRMK ) Q3 2022 Earnings Conference Call October 26, 2022 9:30 AM ET Company Participants Joey Rein - Director of Corporate Strategy Duane Dewey - President & Chief Executive Officer Barry Harvey - Chief Credit & Operations Officer Tom Owens - Chief Financial Officer Tom Chambers - Chief Accounting Officer Conference Call Participants Graham Dick - Piper Sandler Jennifer Demba - Truist Securities Catherine Mealor - KBW Joe Yanchunis - Raymond James Operator Good morning, ladies and gentlemen, and welcome to the Trustmark Corporation's Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

Trustmark Corporation (TRMK) Q3 2022 Earnings Call Transcript

Trustmark (TRMK) delivered earnings and revenue surprises of 7.81% and 8.18%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Trustmark (TRMK) Q3 Earnings and Revenues Surpass Estimates

Trustmark Corporation Announces Third Quarter 2022 Financial Results

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.

Trustmark (TRMK) Reports Next Week: Wall Street Expects Earnings Growth

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Third Quarter Financial Results October 25 and Conduct Earnings Conference Call October 26

News for Trustmark Stock (TRMK)