Trustmark traded at $40.85 this Friday March 13th, decreasing $0.31 or 0.75 percent since the previous trading session. Looking back, over the last four weeks, Trustmark lost 8.86 percent. Over the last 12 months, its price rose by 19.76 percent. Looking ahead, we forecast Trustmark to be priced at 39.62 by the end of this quarter and at 36.13 in one year, according to Trading Economics global macro models projections and analysts expectations.
Trustmark Corporation is a bank holding company. The Company's principal subsidiary is Trustmark National Bank (TNB). Through TNB and its subsidiaries, the Company operates as a financial services company providing banking and other financial solutions. It operates through three segments: General Banking, Wealth Management and Insurance. The General Banking Segment is responsible for all traditional banking products and services, including loans and deposits. The Wealth Management Segment provides customized solutions for customers by integrating financial services with traditional banking products and services, such as money management, full-service brokerage, financial planning, personal and institutional trust and retirement services. Through Fisher Brown Bottrell Insurance, Inc. (FBBI), a subsidiary of TNB, the Insurance Segment provides a range of retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage.