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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and TRUSTMARK CORP (TRMK). Click either name above to swap in a different company.

TRUSTMARK CORP is the larger business by last-quarter revenue ($204.1M vs $168.3M, roughly 1.2× PARK NATIONAL CORP). TRUSTMARK CORP runs the higher net margin — 28.4% vs 25.3%, a 3.0% gap on every dollar of revenue. On growth, TRUSTMARK CORP posted the faster year-over-year revenue change (4.5% vs 2.2%). TRUSTMARK CORP produced more free cash flow last quarter ($232.0M vs $191.9M). Over the past eight quarters, TRUSTMARK CORP's revenue compounded faster (8.9% CAGR vs 4.9%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

Trustmark is an insurance company. According to Crain's Chicago Business magazine, Trustmark ranks #69 among Chicago's Largest Privately Held Companies in 2018.

PRK vs TRMK — Head-to-Head

Bigger by revenue
TRMK
TRMK
1.2× larger
TRMK
$204.1M
$168.3M
PRK
Growing faster (revenue YoY)
TRMK
TRMK
+2.3% gap
TRMK
4.5%
2.2%
PRK
Higher net margin
TRMK
TRMK
3.0% more per $
TRMK
28.4%
25.3%
PRK
More free cash flow
TRMK
TRMK
$40.0M more FCF
TRMK
$232.0M
$191.9M
PRK
Faster 2-yr revenue CAGR
TRMK
TRMK
Annualised
TRMK
8.9%
4.9%
PRK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRK
PRK
TRMK
TRMK
Revenue
$168.3M
$204.1M
Net Profit
$42.6M
$57.9M
Gross Margin
Operating Margin
34.7%
Net Margin
25.3%
28.4%
Revenue YoY
2.2%
4.5%
Net Profit YoY
10.4%
2.8%
EPS (diluted)
$2.62
$0.96

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRK
PRK
TRMK
TRMK
Q4 25
$168.3M
$204.1M
Q3 25
$169.5M
$202.4M
Q2 25
$168.7M
$198.6M
Q1 25
$157.9M
$194.6M
Q4 24
$164.7M
$155.8M
Q3 24
$170.3M
$192.3M
Q2 24
$157.7M
$141.0M
Q1 24
$152.8M
$172.2M
Net Profit
PRK
PRK
TRMK
TRMK
Q4 25
$42.6M
$57.9M
Q3 25
$47.2M
$56.8M
Q2 25
$48.1M
$55.8M
Q1 25
$42.2M
$53.6M
Q4 24
$38.6M
$56.3M
Q3 24
$38.2M
$51.3M
Q2 24
$39.4M
$73.8M
Q1 24
$35.2M
$41.5M
Operating Margin
PRK
PRK
TRMK
TRMK
Q4 25
34.7%
Q3 25
34.3%
34.5%
Q2 25
35.2%
34.7%
Q1 25
32.4%
33.6%
Q4 24
41.6%
Q3 24
27.4%
32.5%
Q2 24
30.6%
-98.1%
Q1 24
27.8%
26.1%
Net Margin
PRK
PRK
TRMK
TRMK
Q4 25
25.3%
28.4%
Q3 25
27.8%
28.1%
Q2 25
28.5%
28.1%
Q1 25
26.7%
27.6%
Q4 24
23.5%
36.1%
Q3 24
22.4%
26.7%
Q2 24
25.0%
52.4%
Q1 24
23.0%
24.1%
EPS (diluted)
PRK
PRK
TRMK
TRMK
Q4 25
$2.62
$0.96
Q3 25
$2.92
$0.94
Q2 25
$2.97
$0.92
Q1 25
$2.60
$0.88
Q4 24
$2.38
$0.91
Q3 24
$2.35
$0.84
Q2 24
$2.42
$1.20
Q1 24
$2.17
$0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRK
PRK
TRMK
TRMK
Cash + ST InvestmentsLiquidity on hand
$233.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$2.1B
Total Assets
$9.8B
$18.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
TRMK
TRMK
Q4 25
$233.5M
Q3 25
$218.9M
Q2 25
$193.1M
Q1 25
$237.6M
Q4 24
$160.6M
Q3 24
$201.7M
Q2 24
$261.5M
Q1 24
$306.1M
Stockholders' Equity
PRK
PRK
TRMK
TRMK
Q4 25
$1.4B
$2.1B
Q3 25
$1.3B
$2.1B
Q2 25
$1.3B
$2.1B
Q1 25
$1.3B
$2.0B
Q4 24
$1.2B
$2.0B
Q3 24
$1.2B
$2.0B
Q2 24
$1.2B
$1.9B
Q1 24
$1.2B
$1.7B
Total Assets
PRK
PRK
TRMK
TRMK
Q4 25
$9.8B
$18.9B
Q3 25
$9.9B
$18.8B
Q2 25
$9.9B
$18.6B
Q1 25
$9.9B
$18.3B
Q4 24
$9.8B
$18.2B
Q3 24
$9.9B
$18.5B
Q2 24
$9.9B
$18.5B
Q1 24
$9.9B
$18.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRK
PRK
TRMK
TRMK
Operating Cash FlowLast quarter
$198.3M
$243.9M
Free Cash FlowOCF − Capex
$191.9M
$232.0M
FCF MarginFCF / Revenue
114.1%
113.6%
Capex IntensityCapex / Revenue
3.8%
5.9%
Cash ConversionOCF / Net Profit
4.65×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$409.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
TRMK
TRMK
Q4 25
$198.3M
$243.9M
Q3 25
$52.6M
$66.2M
Q2 25
$49.7M
$37.6M
Q1 25
$37.9M
$82.4M
Q4 24
$178.8M
$116.9M
Q3 24
$43.8M
$59.5M
Q2 24
$50.9M
$16.7M
Q1 24
$35.0M
$-58.5M
Free Cash Flow
PRK
PRK
TRMK
TRMK
Q4 25
$191.9M
$232.0M
Q3 25
$51.1M
$62.7M
Q2 25
$48.4M
$34.5M
Q1 25
$36.8M
$80.6M
Q4 24
$169.7M
$93.4M
Q3 24
$41.7M
$51.2M
Q2 24
$49.0M
$10.5M
Q1 24
$31.9M
$-63.6M
FCF Margin
PRK
PRK
TRMK
TRMK
Q4 25
114.1%
113.6%
Q3 25
30.1%
31.0%
Q2 25
28.7%
17.4%
Q1 25
23.3%
41.4%
Q4 24
103.0%
60.0%
Q3 24
24.5%
26.7%
Q2 24
31.1%
7.4%
Q1 24
20.8%
-36.9%
Capex Intensity
PRK
PRK
TRMK
TRMK
Q4 25
3.8%
5.9%
Q3 25
0.9%
1.8%
Q2 25
0.8%
1.6%
Q1 25
0.7%
0.9%
Q4 24
5.6%
15.1%
Q3 24
1.2%
4.3%
Q2 24
1.2%
4.4%
Q1 24
2.1%
2.9%
Cash Conversion
PRK
PRK
TRMK
TRMK
Q4 25
4.65×
4.21×
Q3 25
1.11×
1.17×
Q2 25
1.03×
0.67×
Q1 25
0.90×
1.54×
Q4 24
4.63×
2.08×
Q3 24
1.14×
1.16×
Q2 24
1.29×
0.23×
Q1 24
0.99×
-1.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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