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Trustmark ( (TRMK) ) has shared an announcement.
On November 17, 2025, Trustmark Corporation announced an agreement to issue and sell $175 million of 6.00% Fixed-to-Floating Rate Subordinated Notes due 2035. The offering, underwritten by Keefe, Bruyette & Woods and Goldman Sachs, aims to raise approximately $173.1 million after underwriting discounts. The proceeds will be used to repay $125 million of existing notes due 2030 and for general corporate purposes. The issuance is expected to close on November 20, 2025, subject to customary conditions, and will impact Trustmark’s financial structure by refinancing existing debt and potentially improving liquidity.
The most recent analyst rating on (TRMK) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on Trustmark stock, see the TRMK Stock Forecast page.
Spark’s Take on TRMK Stock
According to Spark, TipRanks’ AI Analyst, TRMK is a Neutral.
Trustmark’s strong financial performance, characterized by robust revenue growth and improved leverage, is a major positive factor. The stock’s valuation is attractive with a low P/E ratio and decent dividend yield. However, technical indicators suggest a neutral trend, which tempers the overall score.
To see Spark’s full report on TRMK stock, click here.
More about Trustmark
Average Trading Volume: 294,195
Technical Sentiment Signal: Buy
Current Market Cap: $2.26B
Find detailed analytics on TRMK stock on TipRanks’ Stock Analysis page.