Trustmark Corporation
Trustmark Corporation (NASDAQ: TRMK) is trading at $46.45, about ₹4,460 at today's USD/INR rate, as of 25 Sep 2026, 1:17 PM ET, up 0.78% today. Indian residents can buy Trustmark from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$46.09
Today's high
$46.57
52 week low
$36.33
52 week high
$49.00
TRMK opened at $46.19, closed previously at $46.09, and has traded between $36.33 and $49.00 over the past 52 weeks.
About
Trustmark Corporation, the parent entity of Trustmark National Bank, delivers a comprehensive suite of banking and financial services to both individual consumers and corporate clients across the United States. Its operations are strategically divided into three core divisions: General Banking, Wealth Management, and Insurance. Under its General Banking arm, Trustmark provides a variety of deposit products, including checking, savings, money market, certificates of deposit (CDs), and individual retirement accounts (IRAs). The company also extends credit solutions such as commercial and industrial financing, loans for income-generating and owner-occupied commercial properties, construction and land development funding, personal installment loans, real estate loans, and lines of credit, alongside treasury management services. Its mortgage banking segment encompasses construction financing, the origination of conventional and government-backed mortgages, along with secondary market activities and comprehensive mortgage servicing. Furthermore, Trustmark delivers extensive wealth management and trust services, including the administration of personal trusts and estates, managing investment portfolios for individuals, employee benefit schemes, and philanthropic organizations. It also offers corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan administration, and bespoke investment management. The insurance division caters to businesses with specialized products for sectors like healthcare, construction, manufacturing, hospitality, and real estate, in addition to group life and health plans. For individuals, it provides life, health, and personal lines insurance policies. As of December 31, 2021, Trustmark maintained a significant physical footprint, comprising 167 full-service and 13 limited-service branches, supplemented by 198 automated teller machines (ATMs) and 69 interactive teller machines (ITMs). Established in 1889, the company's headquarters are situated in Jackson, Mississippi.
Key statistics
Avg. volume
411.64K
Market cap
$2.72B
P/E Ratio
11.76
Price-to-sales ratio
2.31
Enterprise value
$2.82B
Free cash flow yield
6.97%
Debt-to-equity ratio
0.36
Return on equity
11.01%
ROIC
6.18%
Beta
0.63
Dividend yield
2.13%
Last dividend
$0.99
Financial overview
Revenue
$1.12B
Earnings per share
$3.72
Free cash flow
$223.69M
Net profit margin
19.84%
Gross margin
67.02%
EBITDA
$325.73M
Revenue growth
34.75%
Similar securities
This is not an investment recommendation
How to buy Trustmark from India
Indian residents can buy Trustmark shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Trustmark and place an order
Find Trustmark by name or by its ticker, TRMK, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Trustmark trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Trustmark position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Trustmark from India
Trading and taxes when buying Trustmark from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Trustmark’s current yield is 2.13%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Trustmark stock?
Yes. Trustmark (TRMK) has been listed on NASDAQ since 1980, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Trustmark share cost in rupees?
One Trustmark share is $46.45 — about ₹4,460 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Trustmark price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Trustmark from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Trustmark?
Yes. One Trustmark share is $46.45, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Trustmark.
How are gains on Trustmark shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Trustmark price. Paasa issues a capital-gains statement for your return.
Does Trustmark pay a dividend, and how is it taxed in India?
Yes. Trustmark pays a dividend and the current yield is 2.13%; the last declared dividend was $0.99 per share, about ₹95.06. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Trustmark from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Trustmark shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Trustmark shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Trustmark holding, its cost and its closing value.
How do I sell Trustmark and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.