Trustmark (NASDAQ:TRMK) Shares Break Below 50 Day Moving Average – Should You Sell?

Trustmark Corporation (NASDAQ:TRMK) shares passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $45.81 and traded as low as $44.60. Trustmark shares last traded at $45.00, with a volume of 850,752 shares trading hands.

Key Trustmark News

Here are the key news stories impacting Trustmark this week:

• Positive Sentiment: Trustmark forecast full-year 2026 net interest margin of 3.83% to 3.87%, with fourth-quarter NIM expected to approach 4% following portfolio repositioning. The outlook suggests potential support for future net interest income and profitability. Trustmark forecasts full-year 2026 net interest margin
• Positive Sentiment: The board declared a quarterly cash dividend of $0.25 per share, payable December 15 to shareholders of record December 1. The dividend implies $1.00 in annualized payments and a yield of roughly 2.2%, reinforcing the stock’s income appeal. Trustmark declares quarterly cash dividend
• Positive Sentiment: Trustmark repurchased approximately $20.1 million of common stock during the quarter, adding to the benefit of the dividend for shareholders. Deposits increased 2.7% year over year, while loans held for investment rose 2.4%. Trustmark posts third-quarter 2026 net income
• Neutral Sentiment: Third-quarter EPS was $1.00, matching consensus and increasing from $0.94 a year earlier. Net income reached $58.1 million, up year over year but below the prior quarter’s $63.5 million. Net interest margin was stable at 3.84%. Trustmark third-quarter earnings match estimates
• Negative Sentiment: Revenue of approximately $212.3 million came in below analysts’ $215.0 million estimate, despite rising 2.3% year over year. The revenue shortfall and sequential decline in net income likely contributed to the weaker investor reaction. Trustmark third-quarter earnings and revenue report

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TRMK. Wall Street Zen raised Trustmark from a “sell” rating to a “hold” rating in a research report on Sunday, August 9th. DA Davidson lifted their price objective on Trustmark from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Keefe, Bruyette & Woods boosted their price objective on Trustmark from $48.00 to $50.00 and gave the company a “market perform” rating in a research note on Wednesday, September 16th. Weiss Ratings raised shares of Trustmark from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, August 14th. Finally, Piper Sandler upped their price target on shares of Trustmark from $45.50 to $47.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

Trustmark Stock Down 2.4%

The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.11. The company has a market cap of $2.61 billion, a PE ratio of 11.42 and a beta of 0.66. The stock has a 50-day moving average of $45.81 and a 200-day moving average of $44.69.

Trustmark (NASDAQ:TRMK) last posted its earnings results on Tuesday, October 27th. The financial services provider reported $1.00 EPS for the quarter, hitting the consensus estimate of $1.00. Trustmark had a return on equity of 10.69% and a net margin of 20.75%. The business had revenue of $212.26 million during the quarter, compared to analysts’ expectations of $215.04 million. During the same period in the previous year, the business earned $0.94 earnings per share. The firm’s revenue was up 2.3% on a year-over-year basis. Sell-side analysts predict that Trustmark Corporation will post 3.97 earnings per share for the current fiscal year.

Trustmark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.2%. Trustmark’s payout ratio is presently 25.38%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Trustmark during the 2nd quarter valued at about $395,920,000. Dimensional Fund Advisors LP boosted its holdings in Trustmark by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,897,556 shares of the financial services provider’s stock valued at $164,244,000 after acquiring an additional 20,628 shares during the period. North Reef Capital Management LP bought a new position in shares of Trustmark in the first quarter worth approximately $82,296,000. Bank of New York Mellon Corp bought a new stake in Trustmark in the 2nd quarter worth $22,676,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Trustmark by 8.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 379,965 shares of the financial services provider’s stock worth $16,012,000 after purchasing an additional 29,092 shares during the last quarter. Institutional investors own 67.64% of the company’s stock.

About Trustmark

Trustmark Corporation (NASDAQ: TRMK) is a financial services company headquartered in Jackson, Mississippi. Through its principal subsidiary, Trustmark National Bank, the company provides banking, wealth management and insurance services to individuals, businesses and institutional clients.

Trustmark’s banking activities include deposit accounts, consumer and commercial lending, mortgages, treasury management and other financial services. Its wealth management business offers trust, investment management, financial planning and related services, while its insurance operations provide personal and commercial insurance products.

Founded in 1889, Trustmark serves customers through banking and financial services operations in Mississippi, Alabama, Florida, Tennessee and Texas.