Trustmark (NASDAQ:TRMK) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Trustmark (NASDAQ:TRMK) issued its earnings results on Tuesday. The financial services provider reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01, FiscalAI reports. The firm had revenue of $213.38 million for the quarter, compared to the consensus estimate of $210.30 million. Trustmark had a return on equity of 10.72% and a net margin of 20.75%.The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.92 earnings per share.

Trustmark Trading Up 1.1%

Shares of NASDAQ:TRMK opened at $47.43 on Thursday. Trustmark has a 1 year low of $36.05 and a 1 year high of $48.00. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 12.04 and a beta of 0.65. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.89 and a quick ratio of 0.87. The business’s 50 day moving average price is $45.53 and its 200-day moving average price is $43.94.

Trustmark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 1st. Trustmark’s dividend payout ratio is presently 26.46%.

Hedge Funds Weigh In On Trustmark

A number of large investors have recently added to or reduced their stakes in TRMK. Meeder Asset Management Inc. acquired a new stake in shares of Trustmark in the fourth quarter valued at about $36,000. EverSource Wealth Advisors LLC raised its holdings in shares of Trustmark by 452.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,248 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 1,022 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Trustmark during the fourth quarter valued at approximately $55,000. Quadrant Capital Group LLC lifted its position in shares of Trustmark by 5,538.7% in the fourth quarter. Quadrant Capital Group LLC now owns 3,496 shares of the financial services provider’s stock valued at $136,000 after acquiring an additional 3,434 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of Trustmark in the second quarter valued at approximately $207,000. 67.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. DA Davidson reissued a “neutral” rating and issued a $44.00 price target on shares of Trustmark in a report on Wednesday, April 29th. Piper Sandler reaffirmed a “neutral” rating and set a $47.00 target price on shares of Trustmark in a report on Thursday. Wall Street Zen upgraded shares of Trustmark from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $45.00 price target on shares of Trustmark in a report on Thursday, April 9th. Finally, Weiss Ratings upgraded shares of Trustmark from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, June 1st. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $45.12.

Trustmark News Roundup

Here are the key news stories impacting Trustmark this week:

• Positive Sentiment: Second-quarter earnings modestly exceeded expectations. Trustmark reported earnings of $0.97 per share versus the $0.96 analyst consensus, while revenue reached $213.38 million compared with estimates of $210.30 million. Revenue increased 4.8% year over year, and EPS rose from $0.92 in the prior-year quarter. Trustmark Second-Quarter 2026 Financial Results
• Positive Sentiment: Core banking trends improved. Management highlighted loan and deposit growth, higher net interest income and better credit quality. Deposits increased by approximately $358.7 million from the prior quarter, while nonperforming assets declined 47.3% to $54.9 million. Trustmark Earnings Call Signals Strength Amid Transition
• Positive Sentiment: Capital returns remain supportive. Trustmark declared a $0.25-per-share quarterly dividend, payable September 15 to shareholders of record September 1. The company also repurchased $21.1 million of common stock during the quarter, supporting per-share value. Trustmark Quarterly Cash Dividend
• Neutral Sentiment: The outlook is cautiously constructive. The earnings call characterized Trustmark as performing well while navigating a broader transition. Investors will focus on whether deposit growth and net interest income can continue to offset changing interest-rate conditions and investment in the business. Trustmark Q2 2026 Earnings Call Transcript
• Negative Sentiment: Expense growth and the limited earnings beat could temper upside. Noninterest expense increased 1.2% sequentially, and the EPS outperformance was only one cent. With TRMK already near its 52-week high, investors may require further evidence of sustained margin and earnings improvement.

About Trustmark

Trustmark Corporation is a financial services holding company headquartered in Jackson, Mississippi. Through its principal subsidiary, Trustmark National Bank, the company provides a broad spectrum of commercial and consumer banking services. Trustmark’s offerings include deposit accounts, lending solutions, cash management services, residential and commercial mortgage financing, and credit card processing.

In addition to traditional banking, Trustmark offers trust and wealth management services designed to meet the needs of high-net-worth individuals, families and institutional clients.