CADE vs. TRMK

Last updated Jun 4, 2026

CADE (Cadence Bancorporation) and TRMK (Trustmark Corporation) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Their correlation of 0.81 suggests significant overlap in exposure.

Performance

CADE vs. TRMK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cadence Bancorporation (CADE) and Trustmark Corporation (TRMK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CADE

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRMK

• 1D: -2.46%
• 1M: -2.76%
• YTD: 11.32%
• 6M: 10.38%
• 1Y: 26.37%
• 3Y*: 27.03%
• 5Y*: 8.23%
• 10Y*: 8.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CADE vs. TRMK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CADE Cadence Bancorporation	-0.91%	28.38%	20.36%	24.98%	-14.34%	16.67%	-9.67%	23.07%	-15.28%	10.05%
TRMK Trustmark Corporation	11.32%	12.99%	30.65%	-17.02%	10.67%	22.34%	-17.98%	24.73%	-8.24%	6.93%

Correlation

The correlation between CADE and TRMK is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Apr 17, 2017	0.81

Over the past year, the correlation between CADE and TRMK has dropped to 0.55 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Fundamentals

Market Cap CADE : $7.98B TRMK : $2.53B
EPS CADE : $2.88 TRMK : $3.77
PE Ratio CADE : 14.60 TRMK : 11.37
PEG Ratio CADE : 1.23 TRMK : 0.39
PS Ratio CADE : 2.89 TRMK : 2.16
PB Ratio CADE : 1.31 TRMK : 1.19
Total Revenue (TTM) CADE : $2.75B TRMK : $1.19B
Gross Profit (TTM) CADE : $1.36B TRMK : $791.58M
EBITDA (TTM) CADE : $564.17M TRMK : $320.24M

Return for Risk

CADE vs. TRMK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRMK

TRMK Risk / Return Rank: 74
TRMK Sharpe Ratio Rank: 75
TRMK Sortino Ratio Rank: 69
TRMK Omega Ratio Rank: 69
TRMK Calmar Ratio Rank: 79
TRMK Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CADE vs. TRMK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cadence Bancorporation (CADE) and Trustmark Corporation (TRMK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CADE	TRMK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.28	—

Drawdowns

Drawdown Indicators

	CADE	TRMK	Difference
Max Drawdown Largest peak-to-trough decline	—	-53.55%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-47.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.77%	—
Current Drawdown Current decline from peak	—	-5.24%	—
Average Drawdown Average peak-to-trough decline	—	-12.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.98%	—

Volatility

Volatility by Period

	CADE	TRMK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.27%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29.28%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.59%	—

Dividends

CADE vs. TRMK - Dividend Comparison

CADE's dividend yield for the trailing twelve months is around 2.78%, more than TRMK's 2.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CADE Cadence Bancorporation	2.78%	2.57%	2.90%	3.18%	3.57%	7.34%	2.72%	2.26%	2.37%	1.29%	0.00%	0.00%
TRMK Trustmark Corporation	2.29%	2.46%	2.60%	3.30%	2.64%	2.83%	3.37%	2.67%	3.24%	2.89%	2.58%	3.99%

Financials

CADE vs. TRMK - Profitability Comparison

The chart below illustrates the profitability comparison between Cadence Bancorporation and Trustmark Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CADE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cadence Bancorporation reported a gross profit of 0.00 and revenue of 787.17M. Therefore, the gross margin over that period was 0.0%.

TRMK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trustmark Corporation reported a gross profit of 202.96M and revenue of 277.21M. Therefore, the gross margin over that period was 73.2%.

CADE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cadence Bancorporation reported an operating income of 198.70M and revenue of 787.17M, resulting in an operating margin of 25.2%.

TRMK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trustmark Corporation reported an operating income of 70.98M and revenue of 277.21M, resulting in an operating margin of 25.6%.

CADE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cadence Bancorporation reported a net income of 146.75M and revenue of 787.17M, resulting in a net margin of 18.6%.

TRMK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trustmark Corporation reported a net income of 56.12M and revenue of 277.21M, resulting in a net margin of 20.2%.

Frequently Asked Questions

Can I hold both CADE and TRMK in my portfolio?

CADE and TRMK have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.