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Trustmark National Bank Joins Federal Reserve System

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Trustmark National Bank Joins Federal Reserve System

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Trustmark ( (TRMK) ) has shared an update.

On July 24, 2025, Trustmark Corporation’s principal subsidiary, Trustmark National Bank (TNB), received approval from the Federal Reserve to become a member of the Federal Reserve System. This approval is part of TNB’s ongoing application to convert from a national banking association to a Mississippi-chartered banking corporation, which is still pending with the Mississippi Department of Banking and Consumer Finance.

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

Average Trading Volume: 307,316

Technical Sentiment Signal: Buy

Current Market Cap: $2.34B

Learn more about TRMK stock on TipRanks’ Stock Analysis page.

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