Regional banking company Trustmark (NASDAQ: TRMK) will be reporting results this Tuesday after market close. Here’s what to look for.
Trustmark met analysts’ revenue expectations last quarter, reporting revenues of $198.6 million, up 77,394% year on year. It was a satisfactory quarter for the company, with a decent beat of analysts’ net interest income estimates.
Is Trustmark a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Trustmark’s revenue to grow 4.5% year on year to $201 million, slowing from the 9.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.93 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Trustmark has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Trustmark’s peers in the regional banks segment, some have already reported their Q3 results, giving us a hint as to what we can expect. SouthState delivered year-on-year revenue growth of 63.9%, beating analysts’ expectations by 6.5%, and Atlantic Union Bankshares reported revenues up 75%, topping estimates by 1.6%. SouthState traded down 4.3% following the results while Atlantic Union Bankshares’s stock price was unchanged.
Read our full analysis of SouthState’s results here and Atlantic Union Bankshares’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the regional banks stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.7% on average over the last month. Trustmark is down 2.5% during the same time and is heading into earnings with an average analyst price target of $44 (compared to the current share price of $38.74).
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