Home Sectors Financial Services Valuation Today: Trustmark Corporation (NASDAQ: TRMK)

Valuation Today: Trustmark Corporation (NASDAQ: TRMK)


Trustmark Corporation is part of the banking industry and trades as part of the financial services sector. The company CEO is Gerard R. Host. Trustmark Corp is a bank holding company. It operates through Trustmark National Bank providing financial services including Commercial Banking, Consumer Banking, Insurance, Wealth Management and Trust Services, and New Market Tax Credits.

Previous Intraday Trading Performance:

The TRMK stock showed a previous change of 3.14% with an open at 32.55 and a close of 33.16. It reached an intraday high of 33.25 and a low of 32.50.

SeekingAlpha:  Trustmark Corporation 2019 Q1 – Results – Earnings Call Slides


The stock has a market cap of $2.1b with 64.7m shares outstanding, of which the float is 62.6m shares. Trading volume reached 241,070 shares compared to its average volume of 279,487 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Trustmark Corporation shares returned 0.79% and in the past 30 trading days it returned -3.21%. Over three months, it changed -5.78%. In one year it has changed 3.03% and within that year its 52-week high was 36.64 and its 52-week low was 26.84. TRMK stock is 23.55% above its 52 Week Low.

Our calculations show a 200 day moving average of 32.52 and a 50 day moving average of 34.03. Currently TRMK stock is trading 1.96% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Trustmark Corporation (TRMK) CEO Jerry Host on Q1 2019 Results – Earnings Call Transcript


The last annual fiscal EPS for the company was reported at 2.21 that ended on 31st of December 2018, which according to the previous close, that is a PE of 15.00. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.53. The TTM EPS is 2.22, which comes to a TTM PE of 14.94. Historically, the PE high was 23.30 and the PE low was 11.40. If the stock reached its PE low, that would represent a price of 25.30, which is a decrease of -23.69%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/23/2019): 0.51
4thQtr of 2018 (Reported on 01/23/2019): 0.55
3rdQtr of 2018 (Reported on 10/23/2018): 0.54
2ndQtr of 2018 (Reported on 07/24/2018): 0.59
1stQtr of 2018 (Reported on 04/24/2018): 0.54

The dividend per share is currently 0.92, which is a dividend yield of 2.77%. Also, the payout ratio is 41.44%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 34.14, which means it is possibly undervalued and has a margin of safety of 2.87%.

Indicators to Watch:

The current calculated beta is 1.12.

SeekingAlpha:  Trustmark Corporation (TRMK) CEO Jerry Host on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.68%, return on assets is 1.14%, profit margin is 23.78%, price-to-sales is 3.36 and price-to-book is 1.31.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.