D.A. Davidson analyst Kevin Fitzsimmons maintained a Hold rating on Trustmark (TRMK – Research Report) today. The company’s shares closed yesterday at $23.08.
According to TipRanks, Fitzsimmons is a 3-star analyst with an average return of 4.4% and a 45.26% success rate. Fitzsimmons covers the Financial sector, focusing on stocks such as Investar Holding, Cadence Bank, and First Citizens BancShares.
Trustmark has an analyst consensus of Hold, with a price target consensus of $28.00.
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TRMK market cap is currently $1.45B and has a P/E ratio of 19.83.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TRMK in relation to earlier this year.
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Trustmark Corp. is a bank holding company. The firm engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management and Insurance. The General Banking segment offers traditional banking products & services, including commercial and consumer banking services, such as checking accounts, savings programs, overdraft facilities, commercial, installment & real estate loans, home equity loans, lines of credit, drive-in & night deposit services and safe deposit facilities. The Wealth Management segment provides integrating financial services and traditional banking products & services, such as private banking, money management, full-service brokerage, financial planning, personal & institutional trust and retirement services. The Insurance segment supplies retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage services. The company was founded in 1968 and is headquartered in Jackson, MS.
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