Trustmark director Conerly sells $297k in stock

Published 06/11/2025, 19:58
Trustmark director Conerly sells $297k in stock

Director Tracy T Conerly of TRUSTMARK CORP (NASDAQ:TRMK) sold 8,000 shares of common stock on November 4, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The regional bank, currently valued at $2.3 billion, trades at a P/E ratio of 10.34, which InvestingPro identifies as low relative to its near-term earnings growth potential.

The shares were sold at a weighted average price of $37.215, for a total value of $297,720. Prices for the sales ranged from $37.17 to $37.27. TRMK stock currently trades at $38.13, slightly below its Fair Value according to InvestingPro analysis. The company offers a 2.51% dividend yield ($0.96 per share) and has maintained dividend payments for 53 consecutive years. Following the transaction, Conerly directly owns 13,421 shares of Trustmark common stock, which includes 32 shares acquired through TRMK Employee and Director Stock Purchase Plan and 2 shares acquired through dividend reinvestment plan as of November 1, 2025, and indirectly owns 1,500 shares by spouse. Discover more insights in TRMK’s comprehensive Pro Research Report, available along with 1,400+ other US equities on InvestingPro.

In other recent news, Trustmark Corporation announced its third-quarter 2025 financial results, showing mixed outcomes. The company reported earnings per share (EPS) of $0.94, slightly exceeding the forecast of $0.93. However, Trustmark’s revenue fell short of expectations, coming in at $202.4 million against the anticipated $205.86 million. These figures highlight a revenue miss despite the EPS beat. No updates on mergers or acquisitions have been reported. Additionally, there have been no recent analyst upgrades or downgrades for Trustmark. These developments provide investors with insights into the company’s recent financial performance.

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