Key Highlights

  • Consensus EPS of 1.00 compares with diluted EPS of 1.08 reported for the second quarter, against 0.92 a year earlier.
  • Consensus revenue of USD 215.04 million, against net interest income of USD 165,630 thousand plus USD 42,571 thousand noninterest income.
  • Return on average tangible equity was 14.08% against 13.13%, and return on average assets was 1.33% against 1.21%.
  • Noninterest expense was USD 133,683 thousand against USD 125,114 thousand, with salaries and employee benefits at USD 72,990 thousand.

Trustmark (NASDAQ:TRMK) reports third-quarter results on Tuesday, Oct. 27, after the market closes. Consensus stands at EPS of 1.00 on revenue of USD 215.04 million, and the company has a market capitalization of USD 2.68 billion.

Trustmark is a bank holding company with mortgage banking and wealth management lines. In the second quarter, it reported net income of USD 63.5 million, or basic and diluted EPS of 1.09 and 1.08, against USD 55.8 million and 0.92 a year earlier.

Estimates Against the Last Reported Quarter

The EPS estimate of 1.00 is below the diluted EPS of 1.08 reported for the second quarter, which compared with 0.92 a year earlier. The revenue estimate of USD 215.04 million is above the sum of net interest income of USD 165,630 thousand and noninterest income of USD 42,571 thousand, and the estimates table does not state its revenue basis.

Income before income taxes was USD 77,762 thousand against USD 68,856 thousand. Interest and dividend income was USD 237,433 thousand against USD 237,428 thousand, while net interest income was USD 165,630 thousand against USD 158,756 thousand. Basic EPS was 1.09 against 0.92.

Returns and Noninterest Lines

The company reported a return on average tangible equity of 14.08%, a return on average assets of 1.33%, an average equity to average assets ratio of 11.23% and a dividend payout ratio of 22.94%. The prior-year figures were 13.13%, 1.21%, 11.07% and 26.09%.

Noninterest income was USD 42,571 thousand against USD 39,890 thousand. Wealth management was USD 10,922 thousand against USD 9,638 thousand, mortgage banking, net, was USD 8,914 thousand against USD 8,602 thousand, and bank card and other fees were USD 8,743 thousand against USD 8,754 thousand.

Expense, Credit and Balance Sheet Detail

Noninterest expense was USD 133,683 thousand against USD 125,114 thousand. Salaries and employee benefits were USD 72,990 thousand against USD 68,298 thousand, services and fees were USD 29,748 thousand against USD 26,998 thousand, and equipment expense was USD 7,267 thousand against USD 6,206 thousand.

The filing notes that one new commercial and industrial relationship was classified as collateral dependent in the second quarter, and that the increase in the allowance on off-balance sheet exposures reflected higher quantitative reserve rates tied to macroeconomic forecasts.

At June 30, 2026, total deposits were USD 16,071,215 thousand against USD 15,499,784 thousand at the prior year-end. The estimates table lists a market capitalization of USD 2.68 billion. Net income was USD 63,522 thousand against USD 55,841 thousand.

The provision for credit losses on loans held for investment was USD 4,452 thousand against USD 5,346 thousand, while the provision on off-balance sheet credit exposures was USD 1,531 thousand against a negative USD 670 thousand. Cash and due from banks were USD 669,892 thousand against USD 668,007 thousand at the prior year-end.

Comparisons to Make in the Report

Diluted EPS against 1.00 and revenue against USD 215.04 million are the headline comparisons. Other markers are return on average tangible equity against 14.08%, noninterest expense and wealth management income.