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TRMK

Trustmark Corporation

TRMK

Trustmark Corporation • NASDAQ
$38.90 ▼ -0.49% (-0.19)
Market Cap $2.33 B
52w High $41.34
52w Low $29.77
Dividend Yield 0.72%
P/E 10.63
Volume 201.18K
Outstanding Shares 59.96M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $383.279M ▲ $145.014M ▲ $56.787M ▲ 14.816% ▼ $0.94 ▲ $85.046M ▲
Q2-2025 $249.08M ▲ $96.876M ▼ $55.841M ▲ 22.419% ▲ $0.92 ▲ $78.77M ▲
Q1-2025 $244.816M ▼ $97.096M ▲ $53.633M ▼ 21.907% ▼ $0.88 ▼ $73.905M ▼
Q4-2024 $253.076M ▼ $96.809M ▲ $56.312M ▲ 22.251% ▲ $0.92 ▲ $74.568M ▲
Q3-2024 $262.583M $96.699M $51.33M 19.548% $0.84 $72.176M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.304B ▲ $18.802B ▲ $16.687B ▲ $2.114B ▲
Q2-2025 $668.406M ▼ $18.616B ▲ $16.545B ▲ $2.071B ▲
Q1-2025 $2.325B ▲ $18.296B ▲ $16.275B ▲ $2.021B ▲
Q4-2024 $2.26B ▼ $18.152B ▼ $16.19B ▼ $1.962B ▼
Q3-2024 $2.531B $18.48B $16.5B $1.98B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $56.787M ▲ $66.241M ▲ $-70.781M ▲ $102.964M ▼ $98.424M ▲ $75.99M ▲
Q2-2025 $55.841M ▲ $37.608M ▼ $-241.179M ▼ $250.611M ▲ $47.04M ▲ $32.142M ▼
Q1-2025 $53.633M ▼ $82.418M ▼ $-143.635M ▼ $81.328M ▲ $20.111M ▲ $78.135M ▼
Q4-2024 $56.312M ▲ $99.263M ▲ $8.792M ▲ $-346.24M ▼ $-238.185M ▼ $95.114M ▲
Q3-2024 $51.33M $59.5M $8.55M $-84.755M $-16.705M $49.25M

Five-Year Company Overview

Income Statement

Income Statement Trustmark’s revenue has grown compared with a few years ago, but it slipped a bit in the most recent year. The bigger story is margin pressure: core operating profit has thinned out, suggesting higher funding costs, higher expenses, or a less favorable mix of business. Despite that, net income at the bottom line is actually near its best level over this five‑year stretch, which hints at helpful factors outside pure operations, such as lower credit costs or one‑time items. In simple terms, the bank is earning good profits today, but the quality of those earnings looks more dependent on favorable conditions than on strong, recurring operating leverage.

Balance Sheet

Balance Sheet The balance sheet looks solid but not bulletproof. Total assets have crept up over time and then eased slightly, which is typical for a regional bank managing through rate and loan‑demand cycles. Equity has strengthened in the most recent years, a positive sign for capital backing the business. Debt has increased from earlier years but remains moderate relative to the size of the bank, indicating a manageable reliance on borrowing. Cash and liquid resources are lower than a few years ago, reflecting a tighter liquidity stance that is important to watch in a stressed funding environment, but not yet alarming on its face.

Cash Flow

Cash Flow Trustmark generates positive cash flow from its core banking activities year after year, though the amount has swung up and down. Free cash flow stays positive even after investment in technology, branches, and other assets, and capital spending itself is fairly modest and predictable. This pattern suggests the bank has room to keep funding dividends, technology upgrades, and balance sheet growth without stretching itself, but it does not show a strong upward trend in cash generation, which limits how aggressive it can be during stress or expansion phases.

Competitive Edge

Competitive Edge Trustmark sits in the traditional regional bank space, blending community banking relationships with a broader set of services that includes wealth management and insurance. Its strengths are local brand recognition, deep ties to customers, and the ability to offer multiple financial products under one roof. This gives it more ways to keep and deepen relationships than a simple deposit‑and‑loan bank. On the other hand, it faces pressure from both directions: large national banks with more scale and sophisticated digital tools, and nimble fintechs targeting specific services. Its diversified revenue mix helps soften shocks, but its size still limits pricing power and makes it sensitive to regional economic conditions and interest‑rate swings.

Innovation and R&D

Innovation and R&D Trustmark is not a cutting‑edge fintech, but it is steadily modernizing. In insurance, tools like its Simplink integration platform and the Enroll For Life system aim to make benefits easier to sell and administer, which can be a real differentiator for brokers and employers. In banking, the myTrustmark digital platform and mobile wallet bring it closer to big‑bank convenience, though mostly at a “keep up with the pack” level rather than setting the pace. Partnerships with outside technology providers and its involvement with innovation networks show it is looking outward for new ideas rather than building everything in‑house. Early work exploring areas like blockchain seems more exploratory than transformative at this stage, suggesting incremental rather than radical innovation.

Summary

Overall, Trustmark looks like a cautious, diversified regional bank that has navigated recent years reasonably well. Earnings are healthy, capital is stronger, and cash flow is consistently positive, even if operating margins have come under pressure. Its competitive edge rests more on long‑standing relationships, a multi‑line business model, and steady technology adoption than on breakthrough innovation or scale. Key things to monitor going forward include how well it protects margins in a high‑cost, high‑competition environment, how it manages liquidity and funding in a volatile rate backdrop, and whether its digital and insurance platforms can genuinely deepen customer relationships rather than simply matching industry standards.

NEWS

October 28, 2025 · 4:30 PM UTC

Trustmark Corporation Announces Third Quarter 2025 Financial Results

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October 1, 2025 · 4:30 PM UTC

Trustmark Corporation to Announce Third Quarter Financial Results October 28 and Conduct Earnings Conference Call October 29

Read more