Trustmark Corporation

NASDAQ TRMK

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Trustmark Corporation Long-Term Debt to Equity Ratio 2 year CAGR for the year ending December 31, 2023: 49.10%

Trustmark Corporation Long-Term Debt to Equity Ratio 2 year CAGR is 49.10% for the year ending December 31, 2023, a -51.92% change year over year. The long-term debt to equity ratio measures the proportion of a company's long-term debt to its shareholders' equity. It is calculated by dividing the long-term debt by the shareholders' equity. This ratio helps assess the company's long-term solvency and its reliance on debt financing. A higher ratio indicates a higher level of debt relative to equity, which can increase the company's financial risk and affect its ability to meet long-term 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 Long-Term Debt to Equity Ratio for the year ending December 31, 2022 was 0.83, a 422.73% change year over year.
Trustmark Corporation Long-Term Debt to Equity Ratio for the year ending December 31, 2021 was 0.16, a -21.85% change year over year.
Trustmark Corporation Long-Term Debt to Equity Ratio for the year ending December 31, 2020 was 0.20, a 128.67% change year over year.
Trustmark Corporation Long-Term Debt to Equity Ratio for the year ending December 31, 2019 was 0.09, a 124.93% 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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