Trustmark Corporation
In the published model solve dated 2026-Q2, anchored at $46.27, Trustmark Corporation (TRMK) is priced for 10.8% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.
• Trustmark is a Southeast regional bank doing the quiet things well: a 10.6% return on equity, a net interest margin holding at 3.81% on falling deposit costs, and net charge-offs of just 0.04% of average loans. [Source: Q1 2026 earnings, April 2026] • The price asks for slightly more than the bank delivers: at about 1.3x book the market assumes a sustained return on equity near 11.2% against the roughly 10.6% recently earned, and 2025 earnings got help from provisions falling to $12.9 million
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258 institutional managers reported holding TRMK in 13F filings for the quarter ended 2026-03-31. Together they hold about 78% of the company; the top 10 hold 56%. 37 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 3.1M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (9.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TRMK has cut its share count 6.9% over the past five years, spending $168.75M on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting); the current rate is $0.96 a share annually. Cash returned over the past three years: $158.45M in dividends and $107.34M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at TRMK over the trailing three years. Absence is a fact about the company, not a signal. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TRMK's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-08 | +6.5% | -16.3% |
| 2023-11-08 | -6.6% | +27.1% |
| 2024-02-16 | -1.6% | -1.6% |
| 2024-05-08 | +8.2% | -1.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TRMK's latest 8-K filings: 2026-07-28 (items 2.02, 9.01); 2026-05-19 (items 5.02, 9.01); 2026-04-29 (items 5.07); 2026-04-28 (items 2.02, 9.01); 2026-03-30 (items 5.02, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.