Trustmark (NASDAQ:TRMK) Sets New 12-Month High on Better-Than-Expected Earnings

Trustmark Corporation (NASDAQ:TRMK) reached a new 52-week high on Tuesday following a stronger than expected earnings report. The company traded as high as $45.99 and last traded at $45.4550, with a volume of 26906 shares traded. The stock had previously closed at $45.08.

The financial services provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.08. Trustmark had a return on equity of 10.74% and a net margin of 20.12%.The business had revenue of $208.07 million for the quarter, compared to analysts’ expectations of $204.92 million. During the same quarter in the previous year, the firm earned $0.88 earnings per share.

Trustmark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, June 1st. Trustmark’s dividend payout ratio is currently 26.95%.

Key Headlines Impacting Trustmark

Here are the key news stories impacting Trustmark this week:

• Positive Sentiment: Q1 beat on earnings and revenue — TRMK reported $0.95 EPS vs. $0.87 expected and revenue of $208.1M vs. $204.9M consensus; profitability metrics remain solid (net margin ~20%, ROE ~10.7%). This quarterly beat is the primary near-term catalyst supporting the uptick. Trustmark Beats Q1 CY2026 Sales Expectations
• Positive Sentiment: Management affirmed 2026 net interest margin guidance of 3.80%–3.85% and set a $70M–$80M share repurchase target — both actions support EPS leverage and return of capital to shareholders, which investors typically view favorably for bank stocks. Trustmark affirms 2026 NIM & targets buybacks
• Positive Sentiment: Quarterly dividend declared: $0.25 per share (annualized yield ~2.2%), ex-dividend June 1, payable June 15 — steady dividend supports income-oriented investor interest and offsets low-volatility beta. (Company announcement)
• Neutral Sentiment: Earnings call materials and transcript provide detail on loan mix, deposit trends, and expense outlook — useful for modeling but no material surprise beyond the guidance and buyback plan. Q1 2026 Earnings Call Transcript Q1 Results Presentation
• Negative Sentiment: DA Davidson reaffirmed a “neutral” rating and set a $44.00 price target (slightly below current levels) — a sign some analysts see limited near-term upside absent stronger margin or revenue beats. DA Davidson rating/price target note

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Trustmark in a research report on Wednesday, January 21st. Hovde Group upped their price target on Trustmark from $42.00 to $44.50 and gave the company a “market perform” rating in a research report on Thursday, January 29th. Piper Sandler upped their price target on Trustmark from $44.00 to $45.50 and gave the company a “neutral” rating in a research report on Thursday. Brean Capital assumed coverage on Trustmark in a research report on Thursday, March 12th. They set a “buy” rating on the stock. Finally, DA Davidson reaffirmed a “neutral” rating and set a $44.00 price target on shares of Trustmark in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Trustmark presently has an average rating of “Hold” and an average target price of $44.75.

Institutional Trading of Trustmark

A number of institutional investors have recently added to or reduced their stakes in the stock. Abel Hall LLC purchased a new stake in Trustmark during the 1st quarter worth about $266,000. Praxis Investment Management Inc. purchased a new stake in Trustmark during the 1st quarter worth about $200,000. Janney Montgomery Scott LLC purchased a new stake in Trustmark during the 1st quarter worth about $332,000. Pictet Asset Management Holding SA lifted its holdings in Trustmark by 16.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 9,131 shares of the financial services provider’s stock worth $385,000 after purchasing an additional 1,280 shares in the last quarter. Finally, Louisiana State Employees Retirement System purchased a new stake in Trustmark during the 1st quarter worth about $1,104,000. Hedge funds and other institutional investors own 67.64% of the company’s stock.

Trustmark Price Performance

The business has a fifty day moving average of $43.15 and a 200-day moving average of $41.18. The firm has a market cap of $2.61 billion, a PE ratio of 11.74 and a beta of 0.65. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.11.

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.