Trustmark Corporation

NASDAQ TRMK

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Trustmark Corporation Current Liabilities Ratio 2 year CAGR for the quarter ending March 31, 2024: 852.51%

Trustmark Corporation Current Liabilities Ratio 2 year CAGR is 852.51% for the quarter ending March 31, 2024, a 42,057.89% change year over year. The current liabilities ratio measures the proportion of a company's current liabilities in relation to its total assets. It is calculated by dividing current liabilities by total assets. This ratio indicates the percentage of a company's total assets that are financed by current liabilities, such as accounts payable and short-term debt. It helps assess the company's short-term solvency and its ability to meet immediate obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Trustmark Corporation Current Liabilities Ratio for the quarter ending March 31, 2023 was 0.00, a -2.26% change year over year.
  • Trustmark Corporation Current Liabilities Ratio for the quarter ending March 31, 2022 was 0.00, a -1.80% change year over year.
  • Trustmark Corporation Current Liabilities Ratio for the quarter ending March 31, 2021 was 0.00, a -8.30% change year over year.
  • Trustmark Corporation Current Liabilities Ratio for the quarter ending March 31, 2020 was 0.00, a -11.75% change year over year.
NASDAQ: TRMK

Trustmark Corporation

CEO Mr. Duane Arthur Dewey CFP
IPO Date Oct. 20, 1987
Location United States
Headquarters 248 East Capitol Street, Jackson, MS, United States, 39201
Employees 2,712
Sector Financial Services
Industry Banks - regional
Description

Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; financing for commercial and industrial projects, income-producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit, as well as treasury management services. The company also provides mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing. In addition, it provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. Further, the company offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.

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StockViz Staff

September 20, 2024

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