TRMK Stock Recent News

Trustmark Corporation has seen its deposits grow, but its share price has not recovered significantly. The company offers a wide array of banking services, including commercial and consumer banking, mortgages, insurance, and wealth management. Trustmark's financial performance has improved, with net interest income and net profits rising compared to the previous year.

Trustmark (TRMK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

While the top- and bottom-line numbers for Trustmark (TRMK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Trustmark (TRMK) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.56 per share a year ago.

A solid loan and deposit balance, higher rates and a focus on improving fee income are likely to continue to support Trustmark Corporation's (TRMK) financials going forward.

Trustmark (TRMK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

The headline numbers for Trustmark (TRMK) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Trustmark (TRMK) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.47 per share a year ago.

Trustmark Corporation [TRMK] Q4 2022 Earnings Conference Call January 25, 2023 9:30 AM ET Company Participants Duane Dewey - President & CEO Barry Harvey - CCO Tom Owens - CFO Tom Chambers - Chief Accounting Officer Joey Rein - SVP & Director Corporate Strategy Conference Call Participants Catherine Mealor - KBW Kevin Fitzsimmons - D.A. Davidson Dave Bishop - Hovde Group Carl Doirin - Raymond James Operator Good morning, ladies and gentlemen, and welcome to Trustmark Corporation's Fourth Quarter Earnings Conference Call.

Trustmark (TRMK) delivered earnings and revenue surprises of -17.07% and 0.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?