Trustmark delivered strong profitability in Q2 2025 with net income of $55.8 million and EPS of $0.92, driven by expanding net interest margin and loan growth while maintaining stable credit quality.
Trustmark Corporation reported net income of $53.6 million in the first quarter of 2025, resulting in diluted earnings per share of $0.88. The company's performance yielded a return on average tangible equity of 13.13% and a return on average assets of 1.19%.
Trustmark Corporation reported a net income of $56.3 million for Q4 2024, resulting in diluted earnings per share of $0.92. The company saw an increase in net income by $5.0 million from the previous quarter. The Board of Directors announced a 4.3% increase in the regular quarterly dividend to $0.24 per share.
Trustmark Corporation reported a net income of $51.3 million in Q3 2024, with diluted earnings per share of $0.84. Net interest income (FTE) increased by $13.7 million, or 9.5%, linked-quarter to $158.0 million, resulting in a net interest margin of 3.69%.
Trustmark reported net income of $73.8 million in the second quarter of 2024, with diluted earnings per share of $1.20. Adjusted continuing operations net income was $40.5 million, or $0.66 per diluted share. The company completed significant balance sheet restructuring to position the company for improved operating performance.
Trustmark Corporation reported a net income of $41.5 million for Q1 2024, with diluted earnings per share of $0.68. The company saw an increase in loans held for investment, solid credit quality, and growth in noninterest income, coupled with a decrease in noninterest expense.
Trustmark Corporation reported a net income of $36.1 million for Q4 2023, with diluted earnings per share of $0.59. The performance reflected continued loan and deposit growth, solid credit quality, and a diversified revenue base.
Trustmark Corporation reported a net income of $34.0 million, or $0.56 per diluted share, for Q3 2023. Excluding a litigation settlement expense, net income totaled $38.9 million, or $0.64 per diluted share. Loans held for investment increased by 1.6% from the prior quarter, and deposits expanded by 1.3%.
Trustmark Corporation reported a net income of $45.0 million for Q2 2023, with diluted earnings per share of $0.74. The corporation saw growth in loans and deposits, alongside expansion in net interest income and noninterest income.
Trustmark Corporation reported a net income of $50.3 million for Q1 2023, with diluted earnings per share of $0.82. The company saw continued loan and deposit growth, strong credit quality, and an increase in noninterest income driven by mortgage banking, insurance, and wealth management revenue. However, the overall strong performance was impacted by increasingly competitive deposit costs, which compressed the net interest margin.
Trustmark Corporation reported a net loss of $34.1 million for Q4 2022, primarily due to a $100.0 million litigation settlement expense. Excluding this expense, net income would have been $41.5 million. Loan growth was strong, and the net interest margin expanded.
Trustmark Corporation reported a net income of $42.5 million for Q3 2022, with diluted earnings per share of $0.69. The results reflect loan growth, strong credit quality, an asset-sensitive balance sheet, and diversified fee income.
Trustmark Corporation reported a net income of $34.3 million for Q2 2022, with diluted earnings per share of $0.56. The company experienced strong loan growth and an expanded net interest margin.
Trustmark Corporation reported a net income of $29.2 million, with diluted earnings per share of $0.47. The financial performance reflects solid loan growth and expansion in both net interest income and noninterest income.
Trustmark Corporation reported a net income of $26.2 million for Q4 2021, with diluted earnings per share of $0.42. The banking and mortgage banking businesses performed well, while insurance and wealth management achieved record results. The company experienced significant loan and deposit growth, and credit quality remained strong.
Trustmark Corporation reported a net income of $21.2 million, or $0.34 per diluted share, for the third quarter of 2021. The results were impacted by costs associated with a voluntary early retirement program and a charge to resolve allegations by regulatory authorities regarding fair lending matters.
Trustmark Corporation reported a net income of $48.0 million for Q2 2021, resulting in diluted earnings per share of $0.76. The results reflect continued balance sheet growth, solid credit quality and disciplined expense management.
Trustmark Corporation reported a net income of $52.0 million, with diluted earnings per share of $0.82. The performance was driven by solid loan and deposit growth and increases in insurance and wealth management businesses. Mortgage banking revenue remained strong, and the economic outlook resulted in negative provisioning and expense for credit losses.
Trustmark Corporation reported a net income of $51.2 million, resulting in diluted earnings per share of $0.81 for Q4 2020. The quarter produced a return on average tangible equity of 15.47% and a return on average assets of 1.28%.
Trustmark Corporation reported a strong third quarter with a net income of $54.4 million, resulting in diluted earnings per share of $0.86. The performance reflects the value of diversified financial services businesses, with significant year-over-year growth in pre-tax, pre-provision income and maintained solid capital base and liquidity position.
Trustmark Corporation reported net income of $32.2 million, representing diluted earnings per share of $0.51. This level of earnings resulted in a return on average tangible equity of 10.32% and a return on average assets of 0.83%.
Trustmark Corporation reported a net income of $22.2 million for Q1 2020, with diluted earnings per share of $0.35. The results were affected by a $27.4 million provision for credit losses due to the COVID-19 pandemic and a $4.4 million pre-tax charge for a voluntary early retirement program. Positive net mortgage servicing hedge ineffectiveness of $9.9 million partially offset these impacts.
Trustmark Corporation reported a net income of $33.9 million for Q4 2019, with diluted earnings per share of $0.53. The results were impacted by negative hedge ineffectiveness, which reduced net income by $2.2 million, or $0.03 per share. Loans held for investment increased by $112.0 million from the prior quarter.