Trustmark (TRMK)

Financial Services · Banks - Regional
$44.21 -0.76% on the day Market cap $2.6B 52-week range $36.33 to $49.00 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
-2% a year for 10 years

At a market value of $2.6B, Trustmark's free cash flow of $224M (fiscal 2025) would need to grow about -2% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Trustmark's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price-2.0% a year
Free cash flow, last 9 years6.2% a year
Revenue, same period4.0% a year
Price to free cash flow11.8x

Fundamental grade

C

Five factors scored 1 to 9 from TRMK's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability6
Growth5
Financial health1
Cash efficiency9

Results from SEC filings

Fiscal years, from Trustmark's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$640M$646M$701M$561M$800M
Net income$147M$72M$165M$223M$224M
Free cash flow$318M$263M$148M$88M$224M
EPS (diluted)$2.34$1.17$2.70$3.63$3.70
Operating margin—————

Superinvestors who own TRMK

From each investor's latest 13F filing (what a 13F shows). 2 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Trimmed $8M0.00%Q2 2026
Mario Gabelli
GAMCO Investors
Held $552,1200.00%Q2 2026

Insider buying

Open-market purchases by Trustmark's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of TRMK in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Trustmark's stock price imply?

At a market value of $2.6B, Trustmark would need its free cash flow to grow about -2% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 6% a year.

Are Trustmark insiders buying the stock?

No open-market insider purchases of TRMK in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Trustmark?

2 of the superinvestors Investingly tracks hold TRMK in their latest 13F, including Cliff Asness, Mario Gabelli.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.