Quarterly ResultApr 28, 2026, 04:48 PM
TRMK Q1 Net Income $56.1M, EPS $0.95; Loans +1.5%; Deposits +1.4%
AI Summary
Trustmark Corporation reported net income of $56.1 million, or $0.95 diluted EPS, for the first quarter of 2026, reflecting a return on average tangible equity of 12.58%. The company achieved continued loan and deposit growth, stable credit quality, and expanded noninterest income while maintaining disciplined expense management. The Board of Directors declared a quarterly cash dividend of $0.25 per share and the company repurchased $19.8 million in common stock during the quarter.
Key Highlights
- TRMK Q1 2026 net income was $56.1 million, diluted EPS $0.95.
- Loans HFI increased 1.5% linked-quarter to $13.9 billion.
- Deposits expanded 1.4% linked-quarter to $15.7 billion.
- Noninterest income increased 2.7% linked-quarter to $42.3 million.
- Board declared a quarterly cash dividend of $0.25 per share.
- Repurchased $19.8 million, or 477 thousand shares, of common stock.
- Net interest margin remained stable at 3.81% linked-quarter.
- Cost of total deposits declined 9 basis points linked-quarter to 1.63%.