TRMK
Trustmark Corporation
NASDAQ: TRMK · FINANCIAL SERVICES · BANKS - REGIONAL
$44.92
+0.35% today
Updated 2026-05-06
Market cap
$2.64B
P/E ratio
11.91
P/S ratio
3.30x
EPS (TTM)
$3.77
Dividend yield
2.19%
52W range
$33 – $46
Volume
0.4M
Trustmark Corporation (TRMK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $363.24M | $705.59M | $660.54M | $610.30M | $520.08M | $488.66M | $484.63M | $531.60M | $542.30M | $525.05M | $525.02M | $572.22M | $601.69M | $619.07M | $649.63M | $567.82M | $583.32M | $759.84M | $831.37M | $1.12B |
| Revenue growth (YoY) | — | +94.2% | -6.4% | -7.6% | -14.8% | -6.0% | -0.8% | +9.7% | +2.0% | -3.2% | -0.0% | +9.0% | +5.2% | +2.9% | +4.9% | -12.6% | +2.7% | +30.3% | +9.4% | +34.8% |
| Cost of revenue | $208.11M | $266.14M | $240.53M | $164.97M | $105.74M | $73.36M | $42.96M | $18.48M | $28.93M | $32.26M | $39.26M | $49.94M | $83.18M | $94.74M | $86.84M | $-288000.00 | $70.02M | $198.04M | $417.16M | $325.35M |
| Gross profit | $155.13M | $439.45M | $420.01M | $445.34M | $414.34M | $415.29M | $441.67M | $513.12M | $513.37M | $492.80M | $485.76M | $522.27M | $518.51M | $524.33M | $562.79M | $568.11M | $513.31M | $892.30M | $414.20M | $794.92M |
| Gross margin | 42.7% | 62.3% | 63.6% | 73.0% | 79.7% | 85.0% | 91.1% | 96.5% | 94.7% | 93.9% | 92.5% | 91.3% | 86.2% | 84.7% | 86.6% | 100.1% | 88.0% | 117.4% | 49.8% | 71.0% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $159.69M | $207.98M | $209.52M | $225.35M | $186.74M | $186.54M | $197.02M | $230.73M | $236.89M | $240.93M | $250.88M | $257.92M | $247.46M | $254.16M | $278.35M | $289.67M | $261.63M | $310.95M | $285.45M | $339.68M |
| Operating income | $181.16M | $163.00M | $136.29M | $137.08M | $142.75M | $148.62M | $159.38M | $154.00M | $162.09M | $151.45M | $139.46M | $154.34M | $171.85M | $173.79M | $189.78M | $175.41M | $59.10M | $210.80M | $34.06M | $285.73M |
| Operating margin | 49.9% | 23.1% | 20.6% | 22.5% | 27.4% | 30.4% | 32.9% | 29.0% | 29.9% | 28.8% | 26.6% | 27.0% | 28.6% | 28.1% | 29.2% | 30.9% | 10.1% | 27.7% | 4.1% | 25.5% |
| EBITDA | $207.85M | $190.76M | $163.20M | $163.57M | $168.40M | $173.89M | $188.66M | $191.15M | $198.16M | $188.51M | $176.08M | $192.82M | $210.79M | $213.21M | $231.11M | $221.23M | $98.99M | $210.80M | $72.12M | $325.73M |
| EBITDA margin | 57.2% | 27.0% | 24.7% | 26.8% | 32.4% | 35.6% | 38.9% | 36.0% | 36.5% | 35.9% | 33.5% | 33.7% | 35.0% | 34.4% | 35.6% | 39.0% | 17.0% | 27.7% | 8.7% | 29.1% |
| EBIT | $181.16M | $163.00M | $136.29M | $137.08M | $142.75M | $148.62M | $159.38M | $154.00M | $162.09M | $151.45M | $139.46M | $154.34M | $171.85M | $173.79M | $189.78M | $175.41M | $59.10M | $210.80M | $34.06M | $285.73M |
| Interest expense | $202.18M | $242.36M | $164.12M | $87.85M | $56.20M | $43.04M | $30.67M | $25.86M | $21.55M | $20.46M | $24.55M | $42.24M | $66.19M | $83.90M | $41.80M | $24.16M | $47.13M | $59.58M | $375.91M | $312.48M |
| Income tax | $61.88M | $54.40M | $43.87M | $44.03M | $42.12M | $41.78M | $42.10M | $36.94M | $38.53M | $35.41M | $31.05M | $48.72M | $22.27M | $23.33M | $29.76M | $28.05M | $-1.81M | $45.31M | $-11.15M | $61.60M |
| Effective tax rate | 34.2% | 33.4% | 32.2% | 32.1% | 29.5% | 28.1% | 26.4% | 24.0% | 23.8% | 23.4% | 22.3% | 31.6% | 13.0% | 13.4% | 15.7% | 16.0% | -2.6% | 21.5% | -5.3% | 21.6% |
| Net income | $119.27M | $108.59M | $92.42M | $93.05M | $100.64M | $106.84M | $117.28M | $117.06M | $123.56M | $116.04M | $108.41M | $105.63M | $149.58M | $150.46M | $160.03M | $147.37M | $71.89M | $165.49M | $223.01M | $224.13M |
| Net income growth (YoY) | — | -9.0% | -14.9% | +0.7% | +8.2% | +6.2% | +9.8% | -0.2% | +5.6% | -6.1% | -6.6% | -2.6% | +41.6% | +0.6% | +6.4% | -7.9% | -51.2% | +130.2% | +34.8% | +0.5% |
| Profit margin | 32.8% | 15.4% | 14.0% | 15.2% | 19.4% | 21.9% | 24.2% | 22.0% | 22.8% | 22.1% | 20.6% | 18.5% | 24.9% | 24.3% | 24.6% | 26.0% | 12.3% | 21.8% | 26.8% | 20.0% |