Trustmark (TRMK) Tops Q3 Earnings and Revenue Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 22 2024
0mins
Source: NASDAQ.COM
Earnings Performance: Trustmark (TRMK) reported quarterly earnings of $0.84 per share, exceeding estimates and showing a year-over-year increase from $0.64. The company also surpassed revenue expectations with $195.58 million for the quarter.
Market Outlook: Despite recent earnings success, Trustmark's stock has underperformed compared to the S&P 500 this year, and its future performance will depend on management's commentary and industry trends, currently holding a Zacks Rank #3 (Hold).
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Analyst Views on TRMK
Wall Street analysts forecast TRMK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRMK is 42.33 USD with a low forecast of 39.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 42.110
Low
39.00
Averages
42.33
High
45.00
Current: 42.110
Low
39.00
Averages
42.33
High
45.00
About TRMK
Trustmark Corporation is a bank holding company. Its principal subsidiary is Trustmark National Bank (TNB). Through TNB and its subsidiaries, the Company operates as a financial services company providing banking and other financial solutions through offices and approximately 2,500 full-time equivalent associates located in the states of Alabama, Florida, Georgia, Mississippi, Tennessee, and Texas. Its segments include General Banking and Wealth Management. The General Banking Segment is responsible for all traditional banking products and services, including loans and deposits. The Wealth Management Segment provides customized solutions for customers by integrating financial services with traditional banking products and services, such as money management, full-service brokerage, financial planning, personal and institutional trust and retirement services. It provides mortgage banking services, including construction financing, secondary marketing and mortgage servicing, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Trustmark Corporation Reports Record Earnings in Q4 2025
- Record Net Income: Trustmark reported a net income of $57.9 million in Q4 2025, with diluted EPS of $0.97, reflecting strong performance in traditional banking and solid credit quality, marking a significant year-over-year improvement.
- Loan and Deposit Growth: Loans held for investment increased by $126 million quarter-over-quarter and $584 million year-over-year, while deposits grew by $392 million year-over-year despite a $131 million decline linked-quarter, indicating ongoing expansion in customer base and market share.
- Stock Buyback Program: The company repurchased $43 million worth of stock in Q4, with the board authorizing up to $100 million in buybacks for 2026, demonstrating confidence in future market conditions and flexibility in capital management.
- 2026 Outlook: Management anticipates mid-single-digit growth in loans and deposits for 2026, with a net interest margin forecasted between 3.8% and 3.85%, emphasizing a continued focus on organic expansion and capital deployment.
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Trustmark Reports Q4 2025 Net Income of $57.9 Million
- Quarterly Net Income Growth: Trustmark reported a net income of $57.9 million in Q4 2025, with diluted earnings per share of $0.97, showcasing significant achievements across its diverse financial services, which is expected to bolster investor confidence.
- Strong Annual Performance: The company achieved a total net income of $224.1 million for 2025, reflecting a 42.6% increase compared to 2024, driven by continued loan and deposit growth in its traditional banking business, enhancing its market competitiveness.
- Dividend Increase: The Board announced a quarterly dividend increase from $0.24 to $0.25 per share, raising the indicated annual dividend rate to $1.00, demonstrating strong profitability and financial health, which is likely to attract more long-term investors.
- Capital Structure Optimization: In Q4, Trustmark issued $175 million of fixed-to-floating rate subordinated notes, using the proceeds to repay existing debt, further strengthening its capital adequacy ratio, which is expected to enhance financial flexibility and risk resilience.
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