NASDAQ: TRMK · Regional Banks
Trustmark (TRMK) fair value: undervalued or overvalued?
As of 27 Sep 2026, Faircurve's model values Trustmark (TRMK) at $42.71 a share. The stock last closed at $45.93, which puts the model's fair value 7.0% below the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 2 Oct 2026. Trustmark Corporation.
Faircurve Insights · 27 Sep 2026
Trustmark Corporation, the parent entity of Trustmark National Bank, delivers banking and financial services to individual consumers and corporate clients across the United States.
On 27 Sep 2026, Faircurve's model found a fair value of $42.71 a share, the midpoint of 2,000 simulations. This fair value moved -0.9% since the previous run, which gave $43.11 on 19 Sep 2026. The calibrated range over 63 trading days is $35.83 to $52.08, built from the fair value and calibrated weekly against realised prices, and the range held the price 60% of the time at this horizon. The model's evidence grade for this valuation is High.
The model compares Trustmark Corporation with NBT Bancorp Inc., FB Financial Corporation, First Bancorp, Customers Bancorp, Inc., Bank of Hawaii Corporation, Provident Financial Services, Inc., and Merchants Bancorp. Moves around the last 8 earnings reports range from +6.1% to -2.0%, with a median size of 2.0% ignoring direction.
Written from the figures on this page for the 27 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give TRMK?
The calibrated range for TRMK over 63 trading days is $35.83 to $52.08. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $33.64 to $53.28. In 40% of the simulations the fair value came out above the price the model ran on.
How does TRMK compare with similar companies?
The companies in regional banks closest to Trustmark in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| NBTB NBT Bancorp Inc. | $51.53 | $43.24 | -16.1% | Overvalued |
| FBK FB Financial Corporation | $53.42 | $46.37 | -13.2% | Fairly valued |
| BANC Banc of California, Inc. | $17.74 | $22.76 | +28.3% | Low evidence grade |
| FBNC First Bancorp | $62.33 | $41.85 | -32.9% | Overvalued |
| CUBI Customers Bancorp, Inc. | $75.47 | $108.67 | +44.0% | Undervalued |
| BOH Bank of Hawaii Corporation | $69.28 | $72.00 | +3.9% | Fairly valued |
| PFS Provident Financial Services, Inc. | $22.58 | $23.93 | +6.0% | Fairly valued |
| MBIN Merchants Bancorp | $49.95 | $78.77 | +57.7% | Undervalued |
When does TRMK report earnings, and how has the stock reacted?
Trustmark's next earnings report is scheduled for 27 Oct 2026. Companies can move their dates.
How TRMK moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 2.0%.
| Report date | Two session move |
|---|---|
| 28 Jul 2026 | +1.3% |
| 28 Apr 2026 | -1.8% |
| 27 Jan 2026 | +2.9% |
| 28 Oct 2025 | -2.0% |
| 22 Jul 2025 | -0.5% |
| 22 Apr 2025 | +6.1% |
| 28 Jan 2025 | +3.2% |
| 22 Oct 2024 | +2.0% |
Trustmark at a glance
Trustmark Corporation, the parent entity of Trustmark National Bank, delivers a comprehensive suite of banking and financial services to both individual consumers and corporate clients across the United States.
- Market value
- $2.7B
- Sector
- Financial Services
- Industry
- Regional Banks
- Consensus revenue growth, next fiscal year
- -24.1%
- Analysts with estimates
- 5
- Beta to the US market
- 0.58
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Trustmark on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for TRMK was $43.11. As of 27 Sep 2026 it is $42.71, a change of -0.9%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Trustmark's valuation
Is Trustmark stock undervalued or overvalued?
On Faircurve's model, TRMK reads as Fairly valued as of 27 Sep 2026. The model's fair value is $42.71 a share against a last close of $45.93, a gap of -7.0%.
What is TRMK's fair value?
$42.71 a share as of 27 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $33.64 to $53.28.
What price range does the model give TRMK?
$35.83 to $52.08 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Trustmark report earnings next?
The next report is scheduled for 27 Oct 2026. Companies can move their dates.
How much has TRMK moved on past earnings reports?
Across its last 8 reports the median two session move was 2.0%, ignoring direction. The largest was +6.1% around the report of 22 Apr 2025.
How confident is the model in this valuation?
The model's evidence grade for TRMK is high. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.