Trustmark Corporation (NASDAQ:TRMK – Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Tuesday, December 1st will be given a dividend of $0.25 per share by the financial services provider on Tuesday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 1st.
Trustmark has a dividend payout ratio of 27.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Trustmark to earn $4.33 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 23.1%.
Trustmark Price Performance
NASDAQ TRMK opened at $45.00 on Thursday. The company has a market capitalization of $2.61 billion, a PE ratio of 11.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.87 and a current ratio of 0.89. The business’s fifty day moving average is $45.81 and its 200 day moving average is $44.69. Trustmark has a fifty-two week low of $36.41 and a fifty-two week high of $49.00.
Trustmark (NASDAQ:TRMK – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.00. Trustmark had a return on equity of 10.69% and a net margin of 20.75%. The company had revenue of $212.26 million during the quarter, compared to the consensus estimate of $215.04 million. During the same period in the previous year, the company posted $0.94 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. Sell-side analysts predict that Trustmark will post 3.97 earnings per share for the current year.
Key Headlines Impacting Trustmark
Here are the key news stories impacting Trustmark this week:
- Positive Sentiment: Trustmark forecast full-year 2026 net interest margin of 3.83% to 3.87%, with fourth-quarter NIM expected to approach 4% following portfolio repositioning. The outlook suggests potential support for future net interest income and profitability. Trustmark forecasts full-year 2026 net interest margin
- Positive Sentiment: The board declared a quarterly cash dividend of $0.25 per share, payable December 15 to shareholders of record December 1. The dividend implies $1.00 in annualized payments and a yield of roughly 2.2%, reinforcing the stock’s income appeal. Trustmark declares quarterly cash dividend
- Positive Sentiment: Trustmark repurchased approximately $20.1 million of common stock during the quarter, adding to the benefit of the dividend for shareholders. Deposits increased 2.7% year over year, while loans held for investment rose 2.4%. Trustmark posts third-quarter 2026 net income
- Neutral Sentiment: Third-quarter EPS was $1.00, matching consensus and increasing from $0.94 a year earlier. Net income reached $58.1 million, up year over year but below the prior quarter’s $63.5 million. Net interest margin was stable at 3.84%. Trustmark third-quarter earnings match estimates
- Negative Sentiment: Revenue of approximately $212.3 million came in below analysts’ $215.0 million estimate, despite rising 2.3% year over year. The revenue shortfall and sequential decline in net income likely contributed to the weaker investor reaction. Trustmark third-quarter earnings and revenue report
About Trustmark
Trustmark Corporation (NASDAQ: TRMK) is a financial services company headquartered in Jackson, Mississippi. Through its principal subsidiary, Trustmark National Bank, the company provides banking, wealth management and insurance services to individuals, businesses and institutional clients.
Trustmark’s banking activities include deposit accounts, consumer and commercial lending, mortgages, treasury management and other financial services. Its wealth management business offers trust, investment management, financial planning and related services, while its insurance operations provide personal and commercial insurance products.
Founded in 1889, Trustmark serves customers through banking and financial services operations in Mississippi, Alabama, Florida, Tennessee and Texas.
Recommended Stories
- Five stocks we like better than Trustmark
- Why Rising Rates Could Break the Bull Market Before AI Spending Can Save It
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
Receive News & Ratings for Trustmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trustmark and related companies with MarketBeat.com's FREE daily email newsletter.
