Trustmark (TRMK) Expected to Announce Earnings on Tuesday

Trustmark (NASDAQ:TRMK) will likely be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 22nd. Analysts expect Trustmark to post earnings of $0.86 per share and revenue of $200.35 million for the quarter.

Trustmark (NASDAQ:TRMK) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.82 by $0.06. The firm had revenue of $231.83 million for the quarter, compared to the consensus estimate of $195.38 million. Trustmark had a net margin of 20.73% and a return on equity of 10.29%. On average, analysts expect Trustmark to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Trustmark Trading Up 1.0%

Trustmark stock opened at $38.70 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.87 and a quick ratio of 0.86. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 10.08 and a beta of 0.66. Trustmark has a one year low of $29.77 and a one year high of $40.73. The company’s fifty day moving average price is $35.60 and its two-hundred day moving average price is $35.12.

Trustmark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, June 15th. Stockholders of record on Sunday, June 1st were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.48%. The ex-dividend date was Friday, May 30th. Trustmark’s dividend payout ratio is currently 25.00%.

Hedge Funds Weigh In On Trustmark

Several hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its holdings in Trustmark by 17.2% during the first quarter. Goldman Sachs Group Inc. now owns 470,756 shares of the financial services provider’s stock worth $16,236,000 after purchasing an additional 69,110 shares during the period. Millennium Management LLC grew its holdings in Trustmark by 12.4% during the first quarter. Millennium Management LLC now owns 197,652 shares of the financial services provider’s stock worth $6,817,000 after purchasing an additional 21,866 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Trustmark by 9.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 138,357 shares of the financial services provider’s stock worth $4,772,000 after purchasing an additional 11,805 shares during the period. Jane Street Group LLC grew its holdings in Trustmark by 297.4% during the first quarter. Jane Street Group LLC now owns 124,875 shares of the financial services provider’s stock worth $4,307,000 after purchasing an additional 93,449 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Trustmark by 230.8% during the first quarter. AQR Capital Management LLC now owns 97,234 shares of the financial services provider’s stock worth $3,327,000 after purchasing an additional 67,841 shares during the period. Institutional investors own 67.64% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on TRMK shares. Keefe, Bruyette & Woods cut their price target on shares of Trustmark from $45.00 to $43.00 and set an “outperform” rating for the company in a research note on Thursday, April 24th. Wall Street Zen cut shares of Trustmark from a “buy” rating to a “hold” rating in a research note on Saturday, June 7th. Finally, Hovde Group raised their price target on shares of Trustmark from $36.00 to $37.00 and gave the stock a “market perform” rating in a research note on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $39.80.

Trustmark Company Profile

Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; financing for commercial and industrial projects, income-producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit, as well as treasury management services.