TrustmarkTRMK
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
14,158% more call options, than puts
Call options by funds: $8.56M | Put options by funds: $60K
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
5% more funds holding
Funds holding: 223 [Q2] → 235 (+12) [Q3]
5% more capital invested
Capital invested by funds: $1.32B [Q2] → $1.38B (+$60.2M) [Q3]
0.96% less ownership
Funds ownership: 71.65% [Q2] → 70.69% (-0.96%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 83
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Brandon King 93% 1-year accuracy 51 / 55 met price target | 1%upside $36 | Hold Maintained | 25 Oct 2024 |
DA Davidson Gary Tenner 85% 1-year accuracy 35 / 41 met price target | 6%upside $38 | Neutral Maintained | 24 Oct 2024 |
Financial journalist opinion
