Trustmark Corporation

Company Profile

Trustmark Corporation had its IPO on 1987-10-20 under the ticker symbol TRMK.

The company operates in the Financial Services sector and Banks-Regional industry. Trustmark Corporation has a staff strength of 2,761 employees.

Stock update

Shares of Trustmark Corporation opened at $22.16 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $21.99 - $22.37, and closed at $22.21.

This is a +0.59% increase from the previous day's closing price.

A total volume of 158,621 shares were traded at the close of the day’s session.

In the last one week, shares of Trustmark Corporation have slipped by -6.29%.

Trustmark Corporation's Key Ratios

Trustmark Corporation has a market cap of $1.35 billion, indicating a price to book ratio of 1.242 and a price to sales ratio of 3.1333.

In the last 12-months Trustmark Corporation’s revenue was $729.72 million with a gross profit of $676.96 million and an EBITDA of $0. The EBITDA ratio measures Trustmark Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Trustmark Corporation’s operating margin was 29.11% while its return on assets stood at 0.59% with a return of equity of 6.57%.

In Q2, Trustmark Corporation’s quarterly earnings growth was a positive 32% while revenue growth was a positive 12.3%.

Trustmark Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

12.9882

PEG

2.73

Its diluted EPS in the last 12-months stands at $1.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.73. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Trustmark Corporation’s profitability.

Trustmark Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1333.

Trustmark Corporation stock pays annual dividends of $0.92 per share, indicating a yield of 4.17% and a payout ratio of 54.44%.

Balance sheet and cash flow metrics

Total Assets

$18.42 billion

Total Liabilities

$40.85 million

Operating Cash Flow

$-12927000.00

Capital Expenditure

$10.74 million

Dividend Payout Ratio

54.44%

Trustmark Corporation ended 2023 with $18.42 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $18.42 billion while shareholder equity stood at $1.57 billion.

Trustmark Corporation ended 2023 with $0 in deferred long-term liabilities, $40.85 million in other current liabilities, 12724000.00 in common stock, $1.67 billion in retained earnings and $384.24 million in goodwill. Its cash balance stood at $832.05 million and cash and short-term investments were $2.70 billion. The company’s total short-term debt was $40,845,000 while long-term debt stood at $1.24 billion.

Trustmark Corporation’s total current assets stands at $2.70 billion while long-term investments were $3.33 billion and short-term investments were $1.87 billion. Its net receivables were $12.62 billion compared to accounts payable of $0 and inventory worth $0.

In 2023, Trustmark Corporation's operating cash flow was $-12927000.00 while its capital expenditure stood at $10.74 million.

Comparatively, Trustmark Corporation paid $0.54 in dividends in 2023.

Other key metrics

Current Trading Price

$22.21

52-Week High

$37.1599

52-Week Low

$19.8678

Analyst Target Price

$27.2

Trustmark Corporation stock is currently trading at $22.21 per share. It touched a 52-week high of $37.1599 and a 52-week low of $37.1599. Analysts tracking the stock have a 12-month average target price of $27.2.

Its 50-day moving average was $23.49 and 200-day moving average was $26.1 The short ratio stood at 4.9 indicating a short percent outstanding of 0%.

Around 895.8% of the company’s stock are held by insiders while 6862.1% are held by institutions.