TRMK stock icon

Trustmark
TRMK

$34.18
1.97%

Market Cap: 2.09B

 

About: Trustmark Corp is a s a bank holding company. Through its subsidiaries, the company operates as a financial services organization providing banking and other financial solutions in Alabama, Florida, Mississippi, Tennessee and Texas. Its principal products and services include, Commercial Banking, Consumer Banking, Mortgage Banking, Insurance, Wealth Management and Trust Services and others. The company is managed along three operating segments; General Banking, Wealth Management and Insurance. The General Banking segment which generates the majority of the revenue provides all traditional banking products and services, including loans, deposits and also consists of internal operations.

Employees: 2,757

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 7 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

713% more call options, than puts

Call options by funds: $1.03M | Put options by funds: $126K

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

4% more funds holding

Funds holding: 198 [Q4 2023] → 206 (+8) [Q1 2024]

1.44% more ownership

Funds ownership: 67.68% [Q4 2023] → 69.12% (+1.44%) [Q1 2024]

3% more capital invested

Capital invested by funds: $1.15B [Q4 2023] → $1.19B (+$33.7M) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 72

Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$29
15%
downside
Avg. target
$32
7%
downside
High target
$36
5%
upside

7 analyst ratings

positive
14%
neutral
86%
negative
0%
Truist Securities
Brandon King
9%downside
$31
Hold
Maintained
8 Jul 2024
Truist Securities
Brandon King
6%downside
$32
Hold
Maintained
26 Apr 2024
DA Davidson
Kevin Fitzsimmons
1%downside
$34
Neutral
Maintained
25 Apr 2024
Keefe, Bruyette & Woods
Catherine Mealor
5%upside
$36
Outperform
Upgraded
25 Apr 2024
Truist Securities
Brandon King
12%downside
$30
Hold
Maintained
1 Apr 2024

Financial journalist opinion

Based on 5 articles about TRMK published over the past 30 days