Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TrustmarkTRMK +1.06%64 Return-on-Tangible-Equity is 13.55% as of Mar. 2026, which is 4% above its 10-year median of 13.01. GuruFocus rates TRMK with a GF Score™ of 64/100 and a GF Value™ of $45.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,518 Banks companies, Trustmark ranks better than 67.39% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Trustmark's annualized net income for the quarter that ended in Mar. 2026 was $224.5 Mil. Trustmark's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,656.8 Mil. Therefore, Trustmark's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.55%.
The historical rank and industry rank for Trustmark's Return-on-Tangible-Equity or its related term are showing as below:
TRMK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.42 Med: 13.01 Max: 16.62
Current: 13.96
During the past 13 years, Trustmark's highest Return-on-Tangible-Equity was 16.62%. The lowest was 6.42%. And the median was 13.01%.
TRMK's Return-on-Tangible-Equity is ranked better than 67.39% of 1518
companies
in the Banks industry
Industry Median: 11.27
vs TRMK: 13.96
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Trustmark Return-on-Tangible-Equity Related Terms
Trustmark Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Trustmark's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TRMK vs CUBI, FRME, WAFD: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Trustmark's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Trustmark Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Trustmark's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Trustmark's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.55% mean?
Trustmark (TRMK) has a Return-on-Tangible-Equity of 13.55% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Trustmark and its competitors. This is near median its historical median of 13.01. Over the past decade, Trustmark's Return-on-Tangible-Equity has ranged from 6.42 to 16.62. According to the industry distribution chart, Trustmark ranks #495 out of 1518 companies in the Banks industry, placing it in the top 32.6%.
Is Trustmark's Return-on-Tangible-Equity too high?
Trustmark's current Return-on-Tangible-Equity of 13.55% is near median its 10-year median of 13.01. Over the past 10 years, this metric has ranged from a low of 6.42 to a high of 16.62. The Banks industry median Return-on-Tangible-Equity is 11.27. Trustmark's value of 13.55% is 20.2% above this industry median. Based on the distribution chart, Trustmark ranks #495 out of 1518 companies in the Banks industry, which is above the industry midpoint. Overall, Trustmark has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trustmark's Return-on-Tangible-Equity compare to CUBI and FRME?
According to the Banks industry distribution chart, Trustmark ranks #495 out of 1518 companies for Return-on-Tangible-Equity. This puts Trustmark in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.27. Trustmark's value of 13.55% is 20.2% above this benchmark. Historically, Trustmark's own Return-on-Tangible-Equity has ranged from 6.42 to 16.62 over the past decade. While the company's 10-year median is 13.01 vs. the industry median of 11.27, Trustmark has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.27, based on 1,518 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trustmark's current Return-on-Tangible-Equity of 13.55% is 20.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Trustmark and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trustmark's current Return-on-Tangible-Equity is 13.55%, which is near median its own 10-year median of 13.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustmark stock overvalued right now?
Based on GuruFocus' analysis, Trustmark (TRMK) is currently considered Fairly Valued. The stock's GF Value™ is $45.78, compared to a current price of $46.61 — trading 1.8% above its estimated fair value. The current Return-on-Tangible-Equity is 13.55%, which is near median its 10-year median of 13.01 and 20.2% above the Banks industry median of 11.27. Trustmark's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Trustmark (TRMK), the current Return-on-Tangible-Equity is 13.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Trustmark (TRMK) Overvalued in 2026?
Based on GuruFocus' analysis, Trustmark stock appears to be overvalued.
The current stock price of $46.61 is trading 1.8% above its estimated GF Value™ of $45.78.
GuruFocus considers Trustmark to be Fairly Valued.
Key valuation signals for TRMK:
Return-on-Tangible-Equity: 13.55% (near median its 10-year median of 13.01)
GF Value™: $45.78 vs. price of $46.61 (1.8% above fair value)
Industry Position: 20.2% above the Banks median (#495 of 1518)
No single metric tells the full story. See the TRMK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trustmark Corp is a bank holding company. Through its subsidiaries, the company operates as a financial services organization providing banking and other financial solutions in Alabama, Florida, Mississippi, Tennessee, and Texas. Its principal products and services include Commercial Banking, Consumer Banking, Mortgage Banking, Insurance, Wealth Management and Trust Services, and others. The company is managed along two operating segments: General Banking and Wealth Management. The General Banking segment, which generates the majority of the revenue, provides all traditional banking products and services, including loan deposits, and also consists of internal operations.
64GF Score
Get the complete analysis for TRMK
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TRMK has been successfully added to your 
