Trustmark (TRMK) and Its Peers Financial Contrast

Trustmark (NASDAQ:TRMK) is one of 919 public companies in the “Banks” industry, but how does it weigh in compared to its peers? We will compare Trustmark to related companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, dividends and institutional ownership.

Risk & Volatility

Trustmark has a beta of 0.69, indicating that its share price is 31% less volatile than the S&P 500. Comparatively, Trustmark’s peers have a beta of 0.61, indicating that their average share price is 39% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Trustmark and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Trustmark	0	4	1	1	2.50
Trustmark Competitors	7494	30254	27863	1490	2.35

Trustmark presently has a consensus price target of $47.38, suggesting a potential downside of 0.97%. As a group, “Banks” companies have a potential upside of 14.57%. Given Trustmark’s peers higher probable upside, analysts plainly believe Trustmark has less favorable growth aspects than its peers.

Institutional and Insider Ownership

67.6% of Trustmark shares are held by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are held by institutional investors. 1.7% of Trustmark shares are held by insiders. Comparatively, 9.7% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Trustmark and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Trustmark	20.90%	10.78%	1.20%
Trustmark Competitors	15.62%	9.43%	0.93%

Dividends

Trustmark pays an annual dividend of $1.00 per share and has a dividend yield of 2.1%. Trustmark pays out 25.0% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend. Trustmark has increased its dividend for 1 consecutive years.

Valuation & Earnings

This table compares Trustmark and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Trustmark	$1.12 billion	$224.13 million	11.96
Trustmark Competitors	$9.95 billion	$2.42 billion	21.05

Trustmark’s peers have higher revenue and earnings than Trustmark. Trustmark is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Trustmark beats its peers on 8 of the 15 factors compared.

Trustmark Company Profile

Trustmark Corporation is a bank holding company headquartered in Jackson, Mississippi. Through its subsidiary, Trustmark National Bank, the company provides commercial and consumer banking services, including deposit accounts, lending, cash management and digital banking. Trustmark also offers wealth management and insurance services to individuals and businesses. Its insurance operations provide services such as employee benefits and risk management. Founded in 1889, Trustmark serves customers across the southeastern United States, with a presence in Mississippi, Alabama, Florida, Tennessee and Texas.