TRUSTMARK CORP TRMK

Financials SIC 6021 - National Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived Nasdaq

Trustmark Corporation (Trustmark), a Mississippi business corporation incorporated in 1968, is a bank holding company headquartered in Jackson, Mississippi. As previously disclosed, on August 4, 2025, Trustmark's principal subsidiary, Trustmark National Bank, initially chartered by the State of Mississippi in 1889, converted from a national banking association to a Mississippi-chartered banking corporation and changed its name to Trustmark Bank (TB). TB is a member bank of the Federal Reserve System and is supervised by the Federal Reserve Bank of Atlanta (FRBA) and the Mississippi Department of Banking and Consumer Finance (MDBCF). At December 31, 2025, TB had total assets of $18.923 billion, which represented approximately 99.99% of the consolidated assets of Trustmark.

Last close 46.31 2026-10-23
Market cap $2.69B 2026-06-30 share count
52-week range 36.41 - 49.00

Valuation FY2025 figures against the last close

P/S2.8x
P/E12.5x
P/FCF11.6x
EV/EBITDA—
Dividend yield2.2%
Diluted EPS3.70

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $948.6M$960.3M$878.8M$541.8M$442.5M$468.3M$510.5M$485.6M$449.8M$412.1M
Interest expense $636.1M$584.4M$552.9M$494.7M$24.2M$41.8M$83.9M$66.2M$42.2M$24.5M
Pre-tax income $274.7M$34.1M$181.0M$59.1M$175.4M$189.8M$173.8M$171.9M$154.3M$139.5M
Income tax $50.5M$11.2M$27.7M$1.8M$28.0M$29.8M$23.3M$22.3M$48.7M$31.1M
Net income $224.1M$223.0M$165.5M$71.9M$147.4M$160.0M$150.5M$149.6M$105.6M$108.4M
EPS, basic 3.723.652.711.172.352.522.332.221.561.60
EPS, diluted 3.703.632.701.172.342.512.322.211.561.60
Shares, diluted (wtd. avg.) 60.5M61.4M61.2M61.4M63.0M63.6M64.8M67.7M67.9M67.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $668.0M$567.3M$975.3M$734.8M$2.27B$1.95B$358.9M$349.6M$335.8M$327.7M
Property, plant and equipment $225.7M$235.4M$232.2M$212.4M$205.6M$194.3M$189.8M$178.7M$179.3M$185.0M
Goodwill $334.6M$334.6M$334.6M$384.2M$384.2M$385.3M$379.6M$379.6M$379.6M$366.2M
Other intangibles —$126.0K$236.0K$3.6M$5.1M$7.4M$7.3M$11.1M$16.4M$20.7M
Total assets $18.93B$18.15B$18.72B$18.02B$17.60B$16.55B$13.50B$13.29B$13.80B$13.35B
Short-term debt ———————$79.0M$971.0M$769.8M
Total liabilities $16.80B$16.19B$17.06B$16.52B$15.85B$14.81B$11.84B$11.70B$12.23B$11.83B
Retained earnings $2.04B$1.88B$1.71B$1.60B$1.59B$1.50B$1.41B$1.32B$1.23B$1.19B
Total equity $2.12B$1.96B$1.66B$1.49B$1.74B$1.74B$1.66B$1.59B$1.57B$1.52B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $243.9M$116.9M$196.9M$296.5M$348.8M$65.3M$116.4M$239.2M$206.6M$148.3M
Depreciation and amortisation $40.0M$38.1M$35.8M$39.9M$45.8M$41.3M$39.4M$38.9M$38.5M$36.6M
Stock-based compensation $6.2M$7.2M$6.2M$4.9M$5.6M$5.2M$4.8M$3.9M——
Capital expenditure $11.9M$23.5M$40.1M$26.6M$27.4M$22.6M$17.3M$14.6M$13.2M$10.2M
Investing cash flow -$586.2M$284.6M-$411.2M-$2.28B-$1.01B-$1.22B-$74.2M$438.8M-$348.9M-$649.7M
Financing cash flow $443.1M-$809.6M$455.0M$451.8M$970.6M$2.75B-$32.9M-$664.2M$150.3M$551.3M
Dividends paid $58.5M$56.8M$56.7M$56.7M$58.1M$58.8M$59.8M$62.4M$62.8M$62.7M
Buybacks $80.0M$7.5M$0$24.6M$61.8M$27.5M$56.6M$62.4M$0$750.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-064009.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 250M 500M 750M 1B Revenue, FY2016: 412.1M Net income, FY2016: 108.4M Revenue, FY2017: 449.8M Net income, FY2017: 105.6M Revenue, FY2018: 485.6M Net income, FY2018: 149.6M Revenue, FY2019: 510.5M Net income, FY2019: 150.5M Revenue, FY2020: 468.3M Net income, FY2020: 160M Revenue, FY2021: 442.5M Net income, FY2021: 147.4M Revenue, FY2022: 541.8M Net income, FY2022: 71.9M Revenue, FY2023: 878.8M Net income, FY2023: 165.5M Revenue, FY2024: 960.3M Net income, FY2024: 223M Revenue, FY2025: 948.6M Net income, FY2025: 224.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $412.1M $449.8M $485.6M $510.5M $468.3M $442.5M $541.8M $878.8M $960.3M $948.6M
Gross profit — — — — — — — — — —
Net income $108.4M $105.6M $149.6M $150.5M $160.0M $147.4M $71.9M $165.5M $223.0M $224.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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