As at Jul 25, 2024, the TRMK stock has a PE ratio of 13.35. This is based on the current EPS of $2.57 and the stock price of $34.3 per share. An increase of 12% has been recorded in the PE ratio compared to the average of 11.9 of the last four quarters.
The mean historical PE ratio of Trustmark over the last ten years is 14.94. The current 13.35 P/E ratio is 11% lower than the historical average. In the past ten years, TRMK's PE ratio peaked in the Dec 2022 quarter at 29.84, with a price of $34.91 and an EPS of $1.17. The Jun 2021 quarter marked the lowest point at 9.48, with a price of $30.8 and an EPS of $3.25.
Maximum annual increase: 116.08% in 2022
Maximum annual decrease: -65.52% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.29 | -65.52% |
| 2022 | 29.84 | 116.08% |
| 2021 | 13.81 | 27.4% |
| 2020 | 10.84 | -26.81% |
| 2019 | 14.81 | 15.61% |
| 2018 | 12.81 | -37.27% |
| 2017 | 20.42 | -8.35% |
| 2016 | 22.28 | 66.27% |
| 2015 | 13.4 | -0.07% |
| 2014 | 13.41 | -12.58% |
The current PE ratio of TRMK is lower than the 3, 5 and 10-year averages.
In comparison to its peers PNFP and RNST, TRMK's PE ratio is lower, but it is higher than RF's and FHN's. Trustmark is presently trading at a higher PE ratio (13.35) than its peer group average of 12.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FHN First Horizon Corp | 11.65 | $9.37B |
| FBMS First Bancshares Inc | 12.03 | $961.54M |
| RF Regions Financial Corp | 12.37 | $20.84B |
| TRMK Trustmark Corp | 13.77 | $2.17B |
| PNFP Pinnacle Financial Partners Inc | 13.92 | $7.55B |
| RNST Renasant Corp | 15.08 | $2.09B |
As of Jul 25, 2024, TRMK stock has a price to earnings ratio of 13.35.
The average PE ratio for TRMK stock over the past 3 years is 15.01.
The average PE ratio for TRMK stock over the past 5 years is 13.6.
In the last ten years, the Dec 2022 quarter recorded the highest quarterly PE ratio at 29.84.
TRMK's current price to earnings ratio is 11% below its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Trustmark's stock price is $34.3. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.57. Therefore, Trustmark's PE ratio for today is 13.35. PE RATIO(13.35) = STOCK PRICE($34.3) / TTM EPS($2.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.