Trustmark Corp. (TRMK)
NASDAQ:TRMK
Want to see TRMK full AI Analyst Report?
Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.96Last Year’s EPS
0.92Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple tangible positives — healthy profitability (EPS $0.95), solid loan (+1.5% linked, +4.8% YoY) and deposit (+1.4% linked, +4.2% YoY) growth, stable NIM (3.81%), improving noninterest income, disciplined expense management, and strong capital metrics (CET1 11.7%). Headwinds include a Q1 seasonal revenue dip (‑0.6% Q/Q), YoY expense growth, a single CRE credit moving to nonaccrual ($12.3M), ongoing mortgage hedge ineffectiveness that can swing noninterest income, and competitive pressure on yields and deposit pricing. Management affirmed full‑year guidance and signaled continued share repurchases and strategic investments. On balance, the positives and affirmed guidance outweigh the localized credit and revenue headwinds, but risks remain — particularly mortgage hedging and CRE payoff timing.Company Guidance
Strong Profitability and Returns
Net income of $56.1M; diluted EPS $0.95; return on average assets 1.2%; return on average tangible equity 12.58% — indicating solid profitability across the franchise.
Loan Growth — Linked Quarter and Year‑Over‑Year
Loans held for investment increased $203.7M (1.5% linked quarter) and $636.5M (4.8% YoY), with a diversified portfolio across loan types and geographies.
Deposit Expansion and Lower Deposit Cost
Deposits expanded $212.7M (1.4% linked quarter) and $631.8M (4.2% YoY); cost of total deposits declined to 1.63%, down 9 basis points from the prior quarter.
Stable Net Interest Margin and NII
Net interest income (tax-equivalent) of $163.5M produced a net interest margin of 3.81%, unchanged from the prior quarter; firm guidance for NIM of 3.80%–3.85% for full year 2026.
Growing Noninterest Income and Controlled Expenses
Noninterest income of $42.3M, up 2.7% Q/Q and representing 20.9% of total revenue; noninterest expense was unchanged Q/Q, with disciplined expense management and strategic investments in growth markets.
Credit Metrics and Capital Strength
Net charge-offs were $1.3M (4 bps of average loans); allowance for credit losses 1.16% of loans; CET1 ratio 11.7% and total risk-based capital ratio 14.37% as of 03/31/2026.
Capital Deployment and Share Repurchase Activity
Repurchased $19.8M (~477k shares, ~0.8% of shares outstanding at 2025 year-end) in Q1; board authorized up to $100M repurchase program for 2026 and indicated potential full‑year repurchase cadence of ~$70M–$80M depending on loan growth.
Affirmed 2026 Guidance
Company affirmed prior full-year guidance: loans to grow single digits, deposits (ex-brokered) mid-single digits, net interest income and noninterest income expected to increase mid-single digits, and NIM expected 3.80%–3.85%.
TRMK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TRMK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $45.50 | $44.28 | -2.68% |
Jan 27, 2026 | $40.91 | $41.87 | +2.36% |
Oct 28, 2025 | $38.24 | $37.50 | -1.94% |
Jul 22, 2025 | $38.04 | $37.66 | -0.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Trustmark Corp. (TRMK) report earnings?
Trustmark Corp. (TRMK) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
What is Trustmark Corp. (TRMK) earnings time?
Trustmark Corp. (TRMK) earnings time is at Jul 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRMK EPS forecast?
TRMK EPS forecast for the fiscal quarter 2026 (Q2) is 0.96.