TRUSTMARK CORP (TRMK)
US8984021027 - Common Stock
Overall TRMK gets a fundamental rating of 3 out of 10. We evaluated TRMK against 411 industry peers in the Banks industry. TRMK may be in some trouble as it scores bad on both profitability and health. TRMK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TRMK was profitable.
In the past year TRMK had a positive cash flow from operations.
Each year in the past 5 years TRMK has been profitable.
TRMK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.88%, TRMK perfoms like the industry average, outperforming 51.58% of the companies in the same industry.
TRMK has a Return On Equity of 9.95%. This is comparable to the rest of the industry: TRMK outperforms 58.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 9.95% | ||
| ROIC | N/A |
ROA(3y)0.71%
ROA(5y)0.84%
ROE(3y)7.75%
ROE(5y)8.3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 21.84%, TRMK perfoms like the industry average, outperforming 40.39% of the companies in the same industry.
TRMK's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for TRMK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 21.84% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.06%
PM growth 5Y-2.24%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
TRMK does not have a ROIC to compare to the WACC, probably because it is not profitable.
TRMK has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for TRMK has been reduced compared to 5 years ago.
Compared to 1 year ago, TRMK has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of TRMK is 4.55, which is a neutral value as it means it would take TRMK, 4.55 years of fcf income to pay off all of its debts.
TRMK has a Debt to FCF ratio of 4.55. This is in the lower half of the industry: TRMK underperforms 66.18% of its industry peers.
TRMK has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TRMK (0.41) is worse than 65.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 4.55 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC15.62%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
TRMK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 133.62%, which is quite impressive.
The Earnings Per Share has been growing slightly by 4.07% on average over the past years.
Looking at the last year, TRMK shows a quite strong growth in Revenue. The Revenue has grown by 8.22% in the last year.
Measured over the past years, TRMK shows a small growth in Revenue. The Revenue has been growing by 4.38% on average per year.
EPS 1Y (TTM)133.62%
EPS 3Y2.32%
EPS 5Y4.07%
EPS growth Q2Q205.36%
Revenue 1Y (TTM)8.22%
Revenue growth 3Y2.21%
Revenue growth 5Y4.38%
Revenue growth Q2Q-3.98%
3.2 Future
TRMK is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.64% yearly.
TRMK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.53% yearly.
EPS Next Y-7.91%
EPS Next 2Y-2.64%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.34%
Revenue Next 2Y2.53%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.09 indicates a reasonable valuation of TRMK.
TRMK's Price/Earnings ratio is a bit more expensive when compared to the industry. TRMK is more expensive than 60.10% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.92, TRMK is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.04, the valuation of TRMK can be described as correct.
TRMK's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TRMK is more expensive than 60.10% of the companies in the same industry.
TRMK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.09 | ||
| Fwd PE | 12.04 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TRMK is valued a bit more expensive than the industry average as 67.15% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.38 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as TRMK's earnings are expected to decrease with -2.64% in the coming years.
PEG (NY)N/A
PEG (5Y)2.72
EPS Next 2Y-2.64%
EPS Next 3YN/A
5. Dividend
5.1 Amount
TRMK has a Yearly Dividend Yield of 3.13%.
Compared to an average industry Dividend Yield of 3.81, TRMK has a dividend in line with its industry peers.
TRMK's Dividend Yield is a higher than the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
5.2 History
The dividend of TRMK decreases each year by -0.07%.
TRMK has paid a dividend for at least 10 years, which is a reliable track record.
TRMK has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.07%
Div Incr Years0
Div Non Decr Years19
5.3 Sustainability
34.25% of the earnings are spent on dividend by TRMK. This is a low number and sustainable payout ratio.
The Dividend Rate of TRMK has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP34.25%
EPS Next 2Y-2.64%
EPS Next 3YN/A
TRUSTMARK CORP
NASDAQ:TRMK (4/26/2024, 7:20:31 PM)
After market: 30.05 0 (0%)30.05
+0.23 (+0.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.84B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.09 | ||
| Fwd PE | 12.04 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 9.95% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 21.84% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)133.62%
EPS 3Y2.32%
EPS 5Y
EPS growth Q2Q
EPS Next Y-7.91%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)8.22%
Revenue growth 3Y2.21%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y