Granville Tate - Trustmark President

TRMK Stock  USD 37.50  0.10  0.27%   

President

Mr. Granville Tate, Jr., is Secretary of Trustmark Corporation since December 2015 and Executive Vice President, Secretary, General Counsel and Chief Risk Officer of Trustmark National Bank, a Subsidiary of Trustmark Corporation since June 2016. Mr. Tate has 30 years of experience advising clients at Brunini, Grantham, Grower Hewes, PLLC on corporate, finance, merger and acquisition, compliance, enforcement and regulatory matters for financial institutions. Tate served as Chairman of Brunini Board of Directors from 2010 to mid2015 and currently serves as the Chair of Brunini financial institutions practice group, having advised Boards regarding fiduciary duties and corporate governance responsibilities. Mr. Tate is actively involved in professional and civic activities. He served as counsel to and on the Board of Directors and Executive Committee of Habitat for HumanityMetro Jackson, Inc. for 12 years, is a graduate of the 19961997 class of Leadership Jackson, has served as the Chancellor of the Episcopal Diocese of Mississippi since 2002, and currently serves on the Board of Directors of the Greater Jackson Chamber Partnership since 2015.
Age 68
Tenure 10 years
Address 248 East Capitol Street, Jackson, MS, United States, 39201
Phone601 208 5111
Webhttps://www.trustmark.com
Tate received a BS from Mississippi State University and Juris Doctor with distinction from Mississippi College School of Law.

Trustmark Management Efficiency

Return On Tangible Assets is expected to rise to 0.01 this year. Return On Capital Employed is expected to rise to 0.04 this year. At this time, Trustmark's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 20.6 B this year, although the value of Total Current Liabilities will most likely fall to about 317.4 M. Trustmark's management efficiency ratios could be used to measure how well Trustmark manages its routine affairs as well as how well it operates its assets and liabilities.
Trustmark currently holds 631.31 M in liabilities with Debt to Equity (D/E) ratio of 7.61, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Trustmark's use of debt, we should always consider it together with its cash and equity.

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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 was founded in 1889 and is headquartered in Jackson, Mississippi. Trustmark Corp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2717 people. Trustmark (TRMK) is traded on NASDAQ Exchange in USA. It is located in 248 East Capitol Street, Jackson, MS, United States, 39201 and employs 2,500 people. Trustmark is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Trustmark Leadership Team

Elected by the shareholders, the Trustmark's board of directors comprises two types of representatives: Trustmark inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trustmark. The board's role is to monitor Trustmark's management team and ensure that shareholders' interests are well served. Trustmark's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trustmark's outside directors are responsible for providing unbiased perspectives on the board's policies.
Melanie Morgan, Senior Marketing
Duane CFP, CEO Pres
MA CFP, CEO President
George Chambers, Principal Officer
Joseph Rein, Executive Strategy
Granville Tate, Secretary; Executive Vice President and General Counsel of Trustmark National Bank
Thomas Owens, Executive Vice President and Bank Treasurer of the bank
Wayne Stevens, President of Retail Banking - Trustmark National Bank

Trustmark Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Trustmark a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Trustmark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trustmark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trustmark Stock. Highlighted below are key reports to facilitate an investment decision about Trustmark Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trustmark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Trustmark Stock please use our How to buy in Trustmark Stock guide.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trustmark. If investors know Trustmark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trustmark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.506
Earnings Share
0.74
Revenue Per Share
9.086
Quarterly Revenue Growth
0.111
Return On Assets
0.0019
The market value of Trustmark is measured differently than its book value, which is the value of Trustmark that is recorded on the company's balance sheet. Investors also form their own opinion of Trustmark's value that differs from its market value or its book value, called intrinsic value, which is Trustmark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trustmark's market value can be influenced by many factors that don't directly affect Trustmark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trustmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trustmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trustmark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.