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Trustmark ( (TRMK) ) has provided an update.
On August 4, 2025, Trustmark Corporation’s subsidiary, Trustmark National Bank, converted to a Mississippi-chartered banking corporation and changed its name to Trustmark Bank after receiving regulatory approvals. This charter conversion will not impact customers’ daily interactions with the bank, and their deposits remain insured by the Federal Deposit Insurance Corporation.
The most recent analyst rating on (TRMK) stock is a Hold with a $38.00 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 Outperform.
Trustmark’s strong financial performance, positive technical indicators, and favorable earnings call contribute significantly to its overall score. The company’s stable valuation, alongside a positive regulatory event, further supports the stock’s attractiveness. However, challenges in revenue growth and rising noninterest expenses are areas to monitor.
To see Spark’s full report on TRMK stock, click here.
More about Trustmark
Trustmark Corporation operates in the banking industry, primarily offering financial services through its subsidiary, Trustmark National Bank, which is now known as Trustmark Bank. The bank is a member of the Federal Reserve System and is supervised by the Federal Reserve Bank of Atlanta and the Mississippi Department of Banking and Consumer Finance.
Average Trading Volume: 307,309
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.21B
See more insights into TRMK stock on TipRanks’ Stock Analysis page.