Trustmark stock: Q3 results highlight income growth and capital returns
Published on 11/10/2026 at 02:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly Results And Capital Returns
- Third-quarter net income reached 58.1 million US dollars, while diluted earnings per share rose year over year to 1.00 US dollars.
- Net interest income increased 3.2 percent year over year, and nonperforming assets represented 0.40 percent of loans held for investment and sale.
- The board declared a quarterly dividend of 0.25 US dollars payable on December 15, 2026, and Trustmark continued its share repurchase program.
Trustmark Corporation reported third-quarter 2026 net income of 58.1 million US dollars and diluted earnings per share of 1.00 US dollars on October 27, 2026. The company also declared a quarterly dividend of 0.25 US dollars payable on December 15 to shareholders of record on December 1. The results were released by Trustmark Investor Relations.
Income Growth Meets Balance Sheet Actions
Revenue reached 207.1 million US dollars, up 2.4 percent from a year earlier but down 0.5 percent from the second quarter. Net interest income on a fully taxable-equivalent basis increased 3.2 percent year over year to 170.6 million US dollars, while the net interest margin held at 3.84 percent.
Loans held for investment totaled 13.9 billion US dollars at September 30, up 2.4 percent year over year but down 0.3 percent from the previous quarter. Deposits reached 16.1 billion US dollars, an increase of 2.7 percent year over year. Trustmark said credit quality remained strong, with nonperforming assets at 57.0 million US dollars, or 0.40 percent of loans held for investment and loans held for sale.
Strategic Portfolio Repositioning
Trustmark completed a sale-leaseback involving 34 bank branch properties during the quarter. The transaction produced a 61.5 million US dollar pretax gain, which was offset by a 61.5 million US dollar pretax loss from restructuring the investment securities portfolio. The company sold lower-yielding securities and purchased securities with a weighted-average yield of approximately 5.0 percent.
The company repurchased about 428,000 shares for 20.1 million US dollars in the quarter. Through the first nine months of 2026, buybacks totaled 60.9 million US dollars, or approximately 1.4 million shares, under a program authorizing up to 100.0 million US dollars of purchases through December 31, 2026. Investors will next focus on deposit costs, loan growth and whether the repositioned securities portfolio supports future net interest income.
Trustmark Company Profile
Trustmark Corporation is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Its business includes commercial and consumer banking, mortgage banking, wealth management and related financial services. The Jackson, Mississippi-based company operates in regional markets where it competes with larger national banks, regional institutions, community banks and nonbank financial providers.
Trustmark Corporation Facts
- Company: Trustmark Corporation
- ISIN: US8984021027
- Ticker: TRMK
- Exchange: Nasdaq Global Select Market
- Reporting period: Third quarter ended September 30, 2026
US bank stocks remain the broader market context for Trustmark investors, as tracked in the S&P 500.
