Trustmark (TRMK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Trustmark

NasdaqGS•Financial Services•Banks - Regional

$47.17-0.35(-0.01%)Pre-market

Market Cap

$2.73B

P/E

11.7x

P/S

3.3x

P/B

1.3x

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. It operates through General Banking and Wealth Management segments. The company offers checking, savings and money market accounts, and certificates of deposit, as well as certificates of deposit and individual retirement accounts; and treasury management services. It also provides loans comprising 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. In addition, the company offers mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing; wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and institutional custody for large governmental entities and foundations, financial and estate planning, and retirement plan services. Further, it provides an intermediary vehicle for the provision of loans or investments in low-income communities. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.

How this company scores

GoodMetricSide Score: 69/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability23/25

Growth19/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality14/25

Strengths

Strong marginsLow leverageConsistent free cash flowProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.7x5y range 8.9x – 29.6x

Currently near its 20-quarter median.

P/S · 3.3x5y range 1.7x – 3.9x

Currently near its 20-quarter median.

P/B · 1.3x5y range 0.8x – 1.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Leverage Risk

Watch

Debt-to-equity has risen 34.3% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $2.73B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $817.60M
Q. Revenue: $208.20M
TTM EBITDA: $349.94M
TTM Op. Income: $288.65M
Q. Op. Income: $74.52M
TTM Net Income: $234.30M
Q. Net Income: $63.52M
EPS: $1.09
Shares Out.: $58.47M

$817.60M in TTM revenue grew 6.7% YoY, reaching $208.20M last quarter. TTM EBITDA of $349.94M and TTM operating income of $288.65M show growth is flowing through to the bottom line. TTM net income of $234.30M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 65.5%
EBITDA Margin: 40.8%
Op. Margin: 35.8%
Net Margin: 30.5%

Op. margin of 35.8% is down 1.2% YoY — costs are rising relative to revenue. Net margin at 30.5% and gross margin of 65.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 3% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.7x
P/S Ratio: 3.3x
P/B Ratio: 1.3x

At 11.7x P/E, the stock trades below typical market levels. P/S of 3.3x and P/B of 1.3x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $19.19B
Cash: $669.89M
Long-Term Debt: $172.12M
Book Value: $2.14B
D/E Ratio: 0.1
Debt/EBITDA: 2.0

With $19.19B in assets and $172.12M in long-term debt, D/E is 0.1and book value is $2.14B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $56.77M
TTM Free Cash Flow: $186.91M
FCF Margin: 22.9%
FCF / Net Income: 0.8

TTM FCF of $186.91M on $56.77M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 29% — an improving trend.