Trustmark Corporation (TRMK) Stock Price & How to Invest

Trustmark Corporation (NASDAQ: TRMK) is a regional financial holding company headquartered in Jackson, Mississippi, whose principal subsidiary, Trustmark National Bank, traces back to an 1889 Mississippi charter. The company runs three operating segments: a General Banking Division (checking, savings, mortgages, commercial and consumer lending, and treasury services), a Wealth Management Division (trust, private banking, and investment advisory), and an Insurance Division (commercial and personal insurance agency operations). Its branch footprint spans Alabama, Florida (primarily the Panhandle), Georgia, Mississippi, Tennessee (Memphis), and Texas (Houston), operating well over 150 full-service branches. Like most banks, Trustmark makes money in two broad ways: net interest income, the spread between what it earns on loans and securities and what it pays on deposits, and noninterest fee income from wealth management, insurance, service charges, and mortgage banking.

In full-year 2025 Trustmark earned net income of about $224.1 million, or $3.70 in diluted EPS, producing a return on average tangible common equity of roughly 12.97% and a return on average assets of about 1.21%. Net interest income on a fully taxable-equivalent basis rose about 8.4% to roughly $647.2 million, lifting the net interest margin to about 3.80%, up 29 basis points year over year, a key driver of the improved profitability. Momentum carried into early 2026, with first-quarter net income of about $56.1 million ($0.95 diluted EPS), total assets near $19 billion, deposits around $15.7 billion, and loans held for investment near $13.9 billion. The company raised its quarterly dividend about 4.2% to $0.25 per share (a $1.00 annual rate) and carries a market capitalization of roughly $2.6 billion (about $45 a share on October 16, 2026), positioning it as a diversified, dividend-paying community bank rather than a high-growth story.

The second quarter of 2026 was the strongest of the past year: revenue of about $211 million and net income of about $63.5 million, with EPS of $1.08 against a consensus near $0.96, the fourth straight quarter above estimates. Trailing twelve-month net income is about $234 million on roughly $815 million of revenue. In September 2026 Blue Owl Capital completed a sale-leaseback of 34 Trustmark branch properties across Mississippi, Florida, Tennessee, Alabama and Texas, with Trustmark leasing them back on 15-year triple-net terms. The stock closed near $45.01 on October 16, 2026, up about 15% year to date and 23% over twelve months, and third-quarter results are scheduled for October 27, 2026, with consensus EPS near $1.00.

As a regional bank, Trustmark is highly sensitive to interest rates: net interest income is its largest revenue source, so falling rates or deposit repricing could compress the net interest margin that recently expanded to about 3.80%. It is exposed to the credit cycle, where a regional or national downturn, rising unemployment, or stress in commercial real estate could increase loan losses given its concentration in the Deep South and Texas. Deposit competition and any renewed flight to higher-yielding accounts could raise funding costs. Its geographic concentration means local economic shocks (energy prices in Texas, weather events on the Gulf Coast, or weakness in Mississippi and Alabama) carry outsized weight. Finally, it competes against much larger national banks and fast-growing Southeastern regionals, and its modest growth profile leaves less room to offset margin or credit setbacks. The branch sale-leaseback also adds long-term rent obligations on 34 locations.

5 analysts publish price targets on TRMK, averaging $50.50 against a $44.90 price as of October 2026, or +12.5%. The published targets run from $48.00 to $55.50, a narrow spread, and the ratings split 1 buy, 5 hold, 0 sell. Over the last six months there have been 4 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full TRMK forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Trustmark Corporation. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Expanding net interest margin. Trustmark's net interest margin widened to about 3.80% in 2025, up 29 basis points from the prior year, and net interest income (FTE) grew roughly 8.4% to about $647.2 million. The most optimistic published target, $55.50, assumes this works close to its best case.

The case against. As a regional bank, Trustmark is highly sensitive to interest rates: net interest income is its largest revenue source, so falling rates or deposit repricing could compress the net interest margin that recently expanded to about 3.80%. The most pessimistic target, $48.00, is roughly what TRMK is worth if this bites instead.

Read the full bull and bear case on TRMK, including what would have to change to break either one. Walnut is not an investment adviser.

No. Trustmark Corporation (TRMK) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Trustmark Corporation's investor relations page or your broker.

• Revenue (TTM): ~$815 million, up ~9% YoY in Q2 2026
• Net Income (TTM): ~$234 million (EPS ~$3.94)
• Q2 2026 EPS: ~$1.08 vs ~$0.96 consensus
• Net Interest Margin (FY2025): ~3.80% (NII FTE up ~8.4%)
• P/E (trailing / forward): ~11.4x / ~10.4x
• Dividend Yield: ~2.2% ($1.00/yr)
• Price to Book: ~1.2x
• Market Capitalization: ~$2.6 billion

At about $45 on October 16, 2026, Trustmark trades near 11.4 times trailing earnings, about 10.4 times forward estimates and roughly 1.2 times book value, a moderate valuation typical of a profitable but slower-growth regional bank. Earnings have risen through 2026 with four straight quarters above consensus, and the stock is up about 15% year to date. The dividend, at a $1.00 annual rate, carries a payout ratio near 25%, leaving room for reinvestment and capital return.

Other names that sit close to TRMK: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get TRMK exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so TRMK sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where TRMK fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Trustmark is a mid-cap Southeastern regional bank with roughly $19 billion in assets, an expanding net interest margin, and a low-teens return on tangible equity, trading at about 11 times earnings with a dividend yield near 2.2% as of October 2026, so it moves with the rate cycle, regional credit conditions, and its own margin and deposit trends.

Whether TRMK is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is TRMK a buy or a sell?, and where the stock could go from here in the TRMK stock forecast.

For income investors, whether TRMK pays a dividend and how the payout looks is covered in does TRMK pay a dividend? And to weigh TRMK against a peer, read the full side-by-side comparisons: TRMK vs HWC and TRMK vs RNST.