Trustmark Corp director sells $24,186 in company stock

Eduardo Marcelo L, a director at Trustmark Corp (NASDAQ:TRMK), sold 530 shares of the company’s common stock on September 2, 2026. The transaction totaled $24,186, with shares sold at a price of $45.635 each. The stock currently trades at $45.82, and according to InvestingPro analysis, appears undervalued relative to its Fair Value.

Following this transaction, Mr. Marcelo L directly holds 9,610 shares of Trustmark Corp common stock. This total includes 48 shares acquired through a dividend reinvestment plan as of June 15, 2026. Additionally, 1,543 shares are beneficially owned indirectly by his spouse, which includes 8 shares acquired through a dividend reinvestment plan on the same date. Notably, Trustmark has maintained dividend payments for 54 consecutive years, according to InvestingPro data, which tracks over 1,400 US stocks with comprehensive Pro Research Reports.

In other recent news, Trustmark Corp. reported its second-quarter earnings, surpassing Wall Street expectations. The company achieved operating earnings of $0.97 per share, slightly above the forecasted $0.96, and reported revenue of $211.13 million, exceeding the anticipated $210.22 million. Trustmark successfully completed a significant core-system conversion, marking a crucial operational milestone for the bank. The company also noted a 6.3% increase in deposits from the previous year, with the cost of total deposits declining to 1.59%. Additionally, non-performing assets saw a substantial reduction, which improved credit metrics and alleviated concerns about loan quality. Management reaffirmed their full-year guidance for mid-single-digit loan and deposit growth. This quarter’s performance was achieved despite the challenges posed by the system conversion, which involved transitioning to vendor-supported platforms from a 45-year-old legacy system.