Recent Updates — TRMK
Trustmark Corporation reported third-quarter 2026 net income of $58.1 million, or diluted earnings per share of $1.00. The company also declared a quarterly cash dividend of $0.25 per share, payable on December 15, 2026 to shareholders of record on December 1, 2026. Net interest income grew 3.2% year-over-year to $170.6 million, while total revenue decreased slightly by 0.5% to $207.1 million. The Board authorized a stock repurchase program for up to $100.0 million through the end of 2026, with $20.1 million in shares bought back during the quarter. Trustmark is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas.
On September 3, 2026, Trustmark Bank sold 34 branch properties to Blue Owl Real Estate Capital for $91.7 million and simultaneously entered into triple net lease agreements with an initial aggregate annual rent of $6.4 million subject to 1.5% annual escalation. The sale-leaseback transaction generated a pre-tax gain of approximately $61.5 million. Concurrently, the company restructured its investment securities portfolio by selling $629.9 million in lower-yielding assets (weighted-average yield ~1.4%) and purchasing $628.0 million in higher-yielding assets (weighted-average yield ~5.0%), resulting in a pre-tax loss of approximately $61.5 million that offsets the real estate gain. Trustmark Corporation operates as a financial holding company providing banking and insurance services.
Trustmark Corporation reported second quarter 2026 financial results, announcing net income of $63.5 million, or $1.08 diluted earnings per share. Operating net income was $56.7 million, or $0.97 per share, excluding $6.9 million in non-routine gains from a mortgage loan sale and a Visa share exchange. Loans held for investment reached $13.9 billion, while deposits grew 2.3% to $16.1 billion. The company also declared a quarterly cash dividend of $0.25 per share, payable on September 15, 2026, to shareholders of record on September 1, 2026. Trustmark Corporation is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas.