How to Buy Trustmark Stock
Trustmark Corp
Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States.
Trustmark stock last closed at $30.58, up 1.8% from the previous day, and has increased 36.58% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.12 percentage points. Trustmark stock is currently +61.29% from its 52-week low of $18.96, and -0.16% from its 52-week high of $30.63.
At the moment, there are 61.08M shares of TRMK outstanding. The market capitalization of TRMK is $1.87B. In the last 24 hours, 301,616 TRMK shares were traded.
How to Buy Trustmark Stock
Wondering how to invest in Trustmark stock? Here's how.
- Decide where to buy Trustmark stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Trustmark stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Trustmark stock: The Trustmark ticker symbol is TRMK. Is Trustmark stock a good investment? Should you buy shares of TRMK? How do TRMK's underlying business fundamentals look? Do top analysts think Trustmark is a good buy? Why has TRMK's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if TRMK is a good stock to buy).
- Make your TRMK buy order: Decide if you will purchase TRMK shares at the current market price or use a limit order to buy TRMK stock at a particular price.
- Keep tabs on your investment in TRMK: Create a watchlist to important notifications about your position in Trustmark shares.
Step 1: Decide where to buy Trustmark stock
You will need a brokerage account to access the NASDAQ market and buy TRMK stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you can buy TRMK stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing money into your new investment account.
Step 4: Research Trustmark stock
After you have selected the best place to buy Trustmark stock, it's very important to evaluate their stock prior to buying, so you can understand the risk as well as the opportunity.
Trustmark Numbers
TRMK Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on TRMK's stock page.
How is TRMK stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TRMK's true value.
Using relative valuations metrics:
- TRMK could be undervalued based on its P/E ratio of 11.28x, relative to Banks - Regional industry P/E ratio of -9.72x
- TRMK may be overvalued based on its P/B ratio of 1.12x, relative to Banks - Regional industry P/B ratio of 0.99x
- TRMK could be overvalued based on its PEG ratio of 3.8x
You can do more valuation analysis on TRMK's stock here.
TRMK Financial Overview
Pros:
- TRMK profit margin has gone up from 10.6% to 22.5% in the past year.
- TRMK earnings of $197.34M is not enough to cover its interest payments.
Cons:
- Total TRMK debt is higher than 5 years ago, relative to shareholder equity.
- TRMK's operating cash flow of $196.89M allows it to safely service it's debt of $1.15B.
- TRMK has a relatively high debt to equity ratio of 10.27.
Do analysts think it's a good time to buy TRMK stock
Out of 4 Wall Street analysts who monitor TRMK, the consensus analyst rating on TRMK is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Trustmark stock forecast page.
Metrics for Advanced TRMK Traders
Is TRMK Making Money?
Last year, TRMK earnings were $165.49M. During the last five year, TRMK's earnings have grown by 4.07% per year. This was slower than the Banks - Regional industry average of 16.14%.
Last year, TRMK revenue was $735.26M. During the last five year, TRMK's revenue has gone up by 4.6% per year. This was slower than the Banks - Regional industry average of 7.57%.
Learn more about TRMK's earnings and revenue performance here.
Are TRMK executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at TRMK have sold more shares than they have bought.
Thomas C. Owens, Treasurer of TRMK, was the latest TRMK insider to sell. They sold $25,106.84 worth of TRMK shares on Mar 1, 2024.
Research more about who owns TRMK stock here.
Does TRMK stock generate passive income?
Trustmark pays a dividend of 3.01%, compared to the Banks - Regional industry's average dividend yield of 3.8%. If you owned $1,000 of TRMK stock, you would have received $30.09 last year.
Trustmark dividend payments have not consistently grown over the past decade but have remained stable.
Dig into more data about Trustmark dividend yield and history here.
What do other investors have to say about TRMK?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your TRMK buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and your broker will execute the order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in TRMK
Now that you own some shares in TRMK, you'll want to keep up with your new investment.
Start a watchlist to track your TRMK stock.
TRMK Feed
How to Buy Stock in Trustmark
To summarize, here are the 6 steps to buy stock in Trustmark:
- Decide where to buy Trustmark stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Trustmark stock
- Make your TRMK buy order
- Keep tabs on your investment in TRMK
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Trustmark, create your watchlist below.
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