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Trustmark Corporation — Third Quarter 2026 Earnings Summary

  • Net income was $58.1 million ($1.00/share), down 8.5% from the prior quarter but up 2.3% year-over-year; total revenue was $207.1 million, down 0.5% linked-quarter and up 2.4% year-over-year.
  • Management completed strategic balance sheet actions, including a sale-leaseback of 34 branches generating a $61.5 million pre-tax gain offset by a $61.5 million pre-tax loss on securities portfolio restructuring, while maintaining a CET1 ratio of 11.98%.
  • Capital return activities included a $0.25 quarterly dividend declaration and $20.1 million in common stock repurchases during the quarter, with $100.0 million authorized for the program through year-end 2026.
  • Core franchise metrics showed strong net interest income growth (up 3.2% year-over-year) and solid deposit growth excluding brokered deposits (up 1.2% linked-quarter), though noninterest income declined 7.2% linked-quarter.
  • Outlook remains focused on sustainable long-term value creation and enhanced balance sheet flexibility, with no anticipated use of held-to-maturity classification for the securities portfolio.
Company
TRUSTMARK CORP
Sector
Financial Services
Industry
Banks - Regional