TRUSTMARK CORP
Business
Trustmark Corporation is a bank holding company whose principal subsidiary Trustmark Bank provides banking and financial services across Alabama, Florida, Georgia, Mississippi, Tennessee, and Texas. The company offers commercial banking, consumer banking, mortgage banking, and wealth management services, including loans, deposits, trust administration, investment management, and retirement plan services. Trustmark operates through two segments: General Banking and Wealth Management, serving corporate, consumer, and institutional customers across its six-state footprint.
Summary from 10-K filed 2026-02-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Interest and fees on LHFS & LHFI | 826 | 845 | 775 | 473 | 364 | |
| Taxable | 106 | 86 | 66 | 60 | 39 | |
| Tax exempt | 0 | 4,000 | 208,000 | 333,000 | 548,000 | |
| Other interest income | 17 | 30 | 37 | 8 | 3 | |
| Total Interest Income | 949 | 960 | 879 | 542 | 443 | |
| Interest on deposits | 275 | 329 | 246 | 29 | 17 | |
| Interest on federal funds purchased and securities sold under repurchase agreements | 18 | 20 | 20 | 6 | 232,000 | |
| Other interest expense | 20 | 26 | 60 | 12 | 7 | |
| Total Interest Expense | 312 | 376 | 326 | 47 | — | |
| Net Interest Income | 636 | 584 | 553 | 495 | 418 | |
| PCL, off-balance sheet credit exposures | −1 | −5 | −3 | 1 | −3 | |
| Net Interest Income After PCL | 623 | 543 | 528 | 472 | 443 | |
| Service charges on deposit accounts | 44 | 44 | 43 | 42 | 33 | |
| Bank card and other fees | 33 | 33 | 33 | 36 | — | |
| Mortgage banking, net | 33 | 27 | 26 | 28 | 64 | |
| Wealth management | 40 | 37 | 35 | 35 | 35 | |
| Other, net | 13 | 18 | 10 | 10 | 7 | |
| Securities gains (losses), net | 0 | −183 | 39,000 | 0 | 0 | |
| Total Noninterest Income (loss) | 164 | −23 | 148 | 151 | 222 | |
| Salaries and employee benefits | 283 | 266 | 268 | 254 | 284 | |
| Services and fees | 109 | 102 | 108 | 104 | 92 | |
| Net occupancy - premises | 31 | 29 | 29 | 28 | 27 | |
| Equipment expense | 26 | 25 | 26 | 24 | 24 | |
| Litigation settlement expense | 0 | 0 | 7 | 101 | 0 | |
| Other expense | 63 | 64 | 59 | 53 | 61 | |
| Total Noninterest Expense | 512 | 486 | 496 | 564 | 489 | |
| Income from continuing operations before income taxes | 275 | 34 | 181 | 59 | 175 | |
| Income taxes from continuing operations | 51 | −11 | 28 | −2 | 28 | |
| Income From Continuing Operations | 224 | 45 | 153 | 61 | — | |
| Income from discontinued operations before income taxes | 0 | 237 | 16 | 15 | — | |
| Income taxes from discontinued operations | 0 | 59 | 4 | 4 | — | |
| Income From Discontinued Operations | 0 | 178 | 12 | 11 | — | |
| Net Income | 224 | 223 | 165 | 72 | 147 | |
| Basic EPS from continuing operations | 3.72 | 0.74 | 2.51 | 0.99 | — | |
| Basic EPS from discontinued operations | 0 | 2.91 | 0.2 | 0.18 | — | |
| Basic EPS | 3.72 | 3.65 | 2.71 | 1.17 | 2.35 | |
| Diluted EPS from continuing operations | 3.7 | 0.74 | 2.5 | 0.99 | — | |
| Diluted EPS from discontinued operations | 0 | 2.9 | 0.2 | 0.18 | — | |
| Diluted EPS | 3.7 | 3.63 | 2.7 | 1.17 | 2.34 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | 668 | 567 | 975 | 735 | 2,267 | |
| Securities available for sale, at fair value (amortized cost:$1,842,444-2025;$1,719,537-2024; allowance for credit losses (ACL): $0) | 1,877 | 1,693 | 1,763 | 2,024 | 3,239 | |
| Securities held to maturity, net of ACL of $0 (fair value: $1,180,569-2025; $1,259,107-2024) | 1,207 | 1,335 | 1,426 | 1,495 | 343 | |
| Loans held for sale (LHFS) | 279 | 200 | 185 | 135 | 276 | |
| Loans held for investment (LHFI) | 13,674 | 13,090 | 12,951 | 12,204 | 10,248 | |
| Less ACL, LHFI | 157 | 160 | 139 | 120 | 99 | |
| Net LHFI | 13,517 | 12,930 | 12,811 | 12,084 | 10,148 | |
| Premises and equipment, net | 226 | 235 | 232 | 212 | 206 | |
| Mortgage servicing rights (MSR) | 131 | 139 | 132 | 130 | 88 | |
| Goodwill | 335 | 335 | 335 | 384 | 384 | |
| Other real estate, net | 7 | 6 | 7 | 2 | 5 | |
| Operating lease right-of-use assets | 32 | 35 | 36 | 36 | 35 | |
| Other assets | 646 | 677 | 753 | 771 | 568 | |
| Total Assets | 18,925 | 18,152 | 18,722 | 18,015 | 17,596 | |
| Noninterest-bearing | 3,037 | 3,074 | 3,198 | 4,094 | 4,771 | |
| Interest-bearing | 12,463 | 12,035 | 12,372 | 10,344 | 10,316 | |
| Total deposits | 15,500 | 15,108 | 15,570 | 14,438 | 15,087 | |
| Federal funds purchased and securities sold under repurchase agreements | 445 | 324 | 406 | 449 | 239 | |
| Other borrowings | 365 | 302 | 483 | 1,051 | 91 | |
| Subordinated notes | 172 | 124 | 123 | 123 | 123 | |
| Junior subordinated debt securities | 62 | 62 | 62 | 62 | 62 | |
| ACL on off-balance sheet credit exposures | 28 | 29 | 34 | 37 | 36 | |
| Operating lease liabilities | 36 | 39 | 39 | 39 | 36 | |
| Other liabilities | 196 | 203 | 331 | 324 | 181 | |
| Total Liabilities | 16,804 | 16,190 | 17,060 | 16,523 | 15,854 | |
| Authorized: 250,000,000 shares Issued and outstanding: 59,012,423 shares - 2025; 61,008,023 shares - 2024 | 12 | 13 | 13 | 13 | 13 | |
| Capital surplus | 82 | 158 | 160 | 155 | 176 | |
| Retained earnings | 2,041 | 1,875 | 1,709 | 1,600 | 1,585 | |
| Accumulated other comprehensive income (loss), net of tax | −14 | −84 | −220 | −275 | −33 | |
| Total Shareholders' Equity | 2,122 | 1,962 | 1,662 | 1,492 | 1,741 | |
| Total Liabilities and Shareholders' Equity | 18,925 | 18,152 | 18,722 | 18,015 | 17,596 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| PCL | 13 | 41 | 25 | 23 | −24 | |
| Depreciation and amortization | 40 | 38 | 36 | 40 | 46 | |
| Net (accretion) amortization of securities | −25 | −11 | 6 | 11 | 20 | |
| Gains on sales of loans, net | −20 | −19 | −14 | −25 | −71 | |
| Gain on disposition of business | 0 | −228 | 0 | 0 | — | |
| Compensation expense, long-term incentive plan | 6 | 7 | 6 | 5 | 6 | |
| Deferred income tax provision | 23 | 24 | −5 | −17 | 20 | |
| Proceeds from sales of LHFS | 1,177 | 1,162 | 1,150 | 1,268 | 2,357 | |
| Purchases and originations of LHFS | −1,197 | −1,138 | −1,178 | −1,116 | −2,172 | |
| Originations of MSR | −15 | −13 | −14 | −18 | −28 | |
| Earnings on bank-owned life insurance | −8 | −4 | −5 | −5 | −5 | |
| Net change in other assets | 233,000 | −6 | −11 | −52 | 42 | |
| Net change in other liabilities | 15 | −109 | 34 | 168 | 20 | |
| Other operating activities, net | 10 | −33 | 1 | −57 | −10 | |
| Net cash from operating activities | 244 | 117 | 197 | 297 | 349 | |
| Proceeds from maturities, prepayments and calls of securities held to maturity | 142 | 116 | 103 | 136 | 197 | |
| Proceeds from maturities, prepayments and calls of securities available for sale | 219 | 244 | 301 | 435 | 835 | |
| Proceeds from sales of securities available for sale | 0 | 1,378 | 5 | 0 | 0 | |
| Purchases of securities held to maturity | 0 | −11 | −19 | −605 | 0 | |
| Purchases of securities available for sale | −318 | −1,555 | 0 | −231 | −2,151 | |
| Net proceeds from bank-owned life insurance | 3 | −46,000 | −46,000 | 288,000 | 2 | |
| Net change in federal funds sold and securities purchased under reverse repurchase agreements | 0 | 0 | 4 | −4 | 50,000 | |
| Net change in member bank stock | 3 | 9 | 18 | −39 | −1 | |
| Net change in LHFI | −610 | −221 | −762 | −1,925 | −198 | |
| Proceeds from sales of 1-4 family mortgage loans | 0 | 44 | 0 | — | — | |
| Purchases of premises and equipment | −12 | −23 | −40 | −27 | −27 | |
| Proceeds from sales of premises and equipment | 4 | 2 | 2 | 5 | 961,000 | |
| Proceeds from sales of other real estate | 5 | 5 | 2 | 3 | 5 | |
| Purchases of software | −8 | −5 | −9 | −7 | −4 | |
| Investments in tax credit and other partnerships | −14 | −21 | −16 | −22 | −17 | |
| Proceeds from disposition of business, net | 0 | 321 | 0 | 0 | — | |
| Other, net | 0 | 200,000 | 0 | 0 | — | |
| Net cash from investing activities | −586 | 285 | −411 | −2,280 | −1,005 | |
| Net change in deposits | 392 | −462 | 1,132 | −650 | 1,038 | |
| Net change in federal funds purchased and securities sold under repurchase agreements | 121 | −82 | −44 | 211 | 74 | |
| Net change in other borrowings | 25 | −200 | −575 | 975 | −19 | |
| Payments under finance lease obligations | −452,000 | −424,000 | −721,000 | −1 | −1 | |
| Net proceeds from subordinated notes | 172 | 0 | 0 | 0 | 0 | |
| Payment of subordinated notes | −125 | 0 | 0 | — | — | |
| Common stock dividends | −58 | −57 | −57 | −57 | −58 | |
| Repurchase and retirement of common stock | −80 | −7 | 0 | −25 | −62 | |
| Shares withheld to pay taxes, long-term incentive plan | −3 | −2 | −1 | −2 | −1 | |
| Net cash from financing activities | 443 | −810 | 455 | 452 | 971 | |
| Net change in cash and cash equivalents | 101 | −408 | 241 | −1,532 | 314 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is TRUSTMARK CORP's CIK number?
TRUSTMARK CORP's SEC CIK number is 0000036146 (36146). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find TRUSTMARK CORP's SEC filings?
All of TRUSTMARK CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did TRUSTMARK CORP last report earnings?
TRUSTMARK CORP (TRMK) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-187358). This is TRUSTMARK CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is TRUSTMARK CORP's most recent earnings 8-K?
TRUSTMARK CORP's latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001193125-26-187358. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View TRUSTMARK CORP's latest earnings 8-K →
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