Argus lowers target for Trustmark stock to USD 47.00
Published on 10/18/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and earnings timetable
- Argus set a USD 47.00 target for Trustmark on October 7, 2026.
- Trustmark reported USD 208.30 million in second-quarter revenue, up 4.80 percent year over year.
- Trustmark had a USD 2.6 billion market capitalization on October 17, 2026.
- Trustmark scheduled its third-quarter results for October 27, 2026.
Argus lowered its target for Trustmark stock to USD 47.00 on October 7, 2026, according to Yahoo Finance. The analyst note places the target above the latest reported market price in the source, while the next earnings date gives investors a near-term test of the bank's operating progress.
Argus resets the target
The Argus note dated October 7, 2026, identifies USD 47.00 as the new target for Trustmark. The report classifies the company in financial services and describes its banking operations across Alabama, Florida, Mississippi, Tennessee and Texas.
Trustmark's second-quarter revenue reached USD 208.30 million, a 4.80 percent increase from the same period a year earlier, according to Yahoo Finance. The same report said the quarter was in line with revenue expectations and that earnings per share exceeded consensus, although tangible book value per share fell short of estimates.
Three dated Trustmark events
On July 28, 2026, Trustmark reported second-quarter earnings per share of USD 0.97 against consensus of USD 0.96, according to MarketBeat. On October 1, 2026, Trustmark announced that it would publish third-quarter results on October 27. On October 7, 2026, Argus lowered its target to USD 47.00.
What dates matter next?
Trustmark's investor-relations calendar lists the third-quarter earnings call for October 28, 2026, at 9:30 a.m. ET, one day after the results release. The company also identifies Duane A. Dewey as president and chief executive officer, linking the scheduled call to management's discussion of the quarter.
The timetable matters because the second-quarter figures combined revenue growth with an earnings beat, while the October target reset sets a more specific valuation marker. Trustmark's business spans general banking, wealth management and insurance, so the results can give investors a fresh read on loan demand, deposits and fee income.
Market value and next catalyst
Trustmark had a market capitalization of USD 2.61 billion on October 17, 2026, according to Sina Finance. The October 27 release and October 28 conference call are the next dated company events for the stock.
Trustmark Corporation stock facts
- Company: Trustmark Corporation
- ISIN: US8984021027
- Ticker: TRMK
- Primary exchange: Nasdaq
- Market capitalization: USD 2.6 billion (as of October 17, 2026)
- Sector / Industry: Financial Services / Regional Banks
Market context: Market report S&P 500.
