分组1 - The Federal Reserve held interest rates steady at a range of 3.5% to 3.75% during its January FOMC meeting, indicating the economy is expanding at a solid pace [4] - Investors are optimistic about potential future rate cuts as inflation eases, but the Fed has not provided a clear outlook on its rate cut path [2][4] - Wall Street's major indexes reached all-time highs earlier in the month but have since experienced volatility due to various factors, including a criminal investigation into Fed Chairman Jerome Powell and rising inflation [5] 分组2 - MSCI Inc. announced a dividend of $2.05 per share, with a dividend yield of 1.24% and a payout ratio of 43% [7][13] - First Horizon Corporation declared a dividend of $0.17 per share, offering a dividend yield of 2.47% and a payout ratio of 32% [9][13] - Stifel Financial Corp. announced a dividend of $0.51 per share, with a dividend yield of 1.46% and a payout ratio of 29% [10][13] - Trustmark Corporation declared a dividend of $0.25 per share, providing a dividend yield of 2.33% and a payout ratio of 26% [12][13]

Deposits declined $131 million , or 0.8% , linked quarter, which management attributed in part to a decline in public fund deposits. On a year-over-year basis, deposits increased $392 million , or 2.6% , driven by growth in commercial and personal balances of $568 million . The cost of total deposits in the fourth quarter was 1.72% , down 12 basis points from the prior quarter, which management highlighted as evidence of a “strong, cost-effective core deposit base.”Loans held for investment increased $126 m ...

Financial Data and Key Metrics Changes - Net income for the fourth quarter totaled $57.9 million, with diluted EPS of $0.97, reflecting a 3.2% increase linked-quarter and a 5.4% increase year-over-year [4] - For the full year, net income reached a record $224.1 million, with diluted EPS of $3.70, and adjusted continuing operations net income increased by $37.8 million, or 20.3% [4] - Return on average assets was 1.21% and return on average tangible equity was 12.97% [4] - Loans held for investment increased by $126 million, or 0.9% linked-quarter, and $584 million, or 4.5% year-over-year [4][5] - Total revenue for the fourth quarter was $204 million, while full-year revenue reached $800 million, marking a record for the company [7] Business Line Data and Key Metrics Changes - The mortgage banking business saw increased production and significant profitability improvements [3] - Wealth management revenue reached an all-time high, driven by improved asset values and new account acquisitions [3][32] - Non-interest income for the fourth quarter totaled $41 million, up 3.3% linked-quarter, and for the full year, it was $164 million, representing 20.5% of total revenue [8] Market Data and Key Metrics Changes - The deposit base declined by $131 million, or 0.8% linked-quarter, primarily due to a decrease in public fund deposits [5] - Year-over-year, deposits increased by $392 million, or 2.6%, driven by growth in commercial and personal balances [5] Company Strategy and Development Direction - The company aims for mid-single digit growth in loans held for investment and deposits for the full year 2026 [11] - The net interest margin is expected to be in the range of 3.8%-3.85% for 2026, with net interest income also anticipated to increase mid-single digits [11] - The company is focused on organic loan growth, potential market expansion, and M&A opportunities depending on market conditions [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining momentum into 2026, highlighting significant improvements in financial performance over recent years [12] - The company noted that credit quality has improved, with net charge-offs for 2025 at 13 basis points of average loans, and expects normalization of credit costs [20][22] Other Important Information - The board announced a 4.2% increase in the regular quarterly dividend to $0.25 per share, payable on March 15, 2026 [10] - The company repurchased $80 million of common stock during the year, including $43 million in the fourth quarter [7][10] Q&A Session Summary Question: Inquiry about new hires in the fourth quarter and talent acquisition strategy - Management reported 13 new production hires in the fourth quarter, focusing on organic expansion and improved loan growth [16][17] Question: Clarification on credit cost normalization and expectations for charge-offs - Management expects net charge-offs to stabilize at 13-15 basis points of average loans, with improvements in credit quality contributing to lower provisioning costs [20][22] Question: Discussion on guidance and key levers impacting growth - Loan growth and capital deployment were identified as key drivers for guidance, with management expressing confidence in maintaining solid loan growth while managing capital effectively [28][29] Question: Inquiry about expense growth cadence throughout the year - Management indicated that expense increases are typically higher in the second half of the year due to merit increases and performance-based bonuses [40][42] Question: Discussion on M&A activity and market opportunities - Management acknowledged increased discussions around M&A but emphasized a cautious and selective approach, focusing on organic growth while remaining open to opportunistic deals [45][51]

Financial Data and Key Metrics Changes - Net income for Q4 2025 totaled $57.9 million, with diluted EPS of $0.97, reflecting a 3.2% increase linked-quarter and a 5.4% increase year-over-year [4] - Full year net income reached a record $224.1 million, with diluted EPS of $3.70, and adjusted continuing operations net income increased by $37.8 million, or 20.3% in 2025 [4] - Return on average assets was 1.21% and return on average tangible equity was 12.97% [4] - Loans held for investment increased by $126 million, or 0.9% linked-quarter, and $584 million, or 4.5% year-over-year [4] Business Line Data and Key Metrics Changes - The traditional banking business drove continued loan and deposit growth, with a strong net interest margin of 3.81% in Q4 [6] - Mortgage banking business saw increased production and significant improvement in profitability, while wealth management revenue reached an all-time high [3] - Non-interest income for Q4 totaled $41 million, up 3.3% linked-quarter, and for the full year, it totaled $164 million, representing 20.5% of total revenue [7] Market Data and Key Metrics Changes - Deposit base declined by $131 million, or 0.8% linked-quarter, primarily due to a decrease in public fund deposits [5] - Year-over-year, deposits increased by $392 million, or 2.6%, driven by growth in commercial and personal balances [5] - The cost of total deposits in Q4 was 1.72%, a decrease of 12 basis points linked-quarter [5] Company Strategy and Development Direction - The company plans to continue its disciplined approach to capital deployment, focusing on organic loan growth, potential market expansion, and M&A opportunities depending on market conditions [12] - The company aims to maintain momentum into 2026, with guidance for loans and deposits to increase mid-single digits [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong credit performance, with net charge-offs for 2025 at 13 basis points of average loans, and expects normalization of credit costs [20] - The company anticipates net interest margin to be in the range of 3.8%-3.85% for 2026, with net interest income expected to increase mid-single digits [11] Other Important Information - The board announced a 4.2% increase in the quarterly dividend to $0.25 per share, bringing the full year dividend to $1 per share [10] - The company repurchased $80 million of common stock during the year, including $43 million in Q4 [6] Q&A Session Summary Question: How many new hires were made in Q4 and how does M&A activity affect talent acquisition? - In Q4, the company made approximately 13 new production hires across various markets, continuing to focus on organic expansion and talent acquisition [16] - M&A activity creates opportunities for recruitment and the company is monitoring market disruptions closely [17] Question: Can you provide context on the normalization of credit costs? - Management expects net charge-offs to stabilize around 13-15 basis points of average loans, with significant improvements in credit quality noted in 2025 [20] Question: What are the key levers impacting guidance for 2026? - Loan growth is identified as a key driver, with capital deployment interrelated to supporting solid loan growth and share repurchase [27] Question: What is the expected cadence of expense growth throughout the year? - Expense growth is expected to be steady, with merit increases typically occurring in the second half of the year [38] Question: Is there a scenario where the company may not pursue M&A due to market disruptions? - Management acknowledged that market disruptions could lead to a focus on organic growth rather than M&A, depending on the opportunities available [50]

Fourth Quarter & Fiscal Year 2025 Financial Results January 27, 2026 Forward–Looking Statements Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as "may," "hope," "will," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "project," "potential," "seek," "continue," "could," "would," "future" or the negative ...

Trustmark (TRMK) reported $207.06 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 3.9%. EPS of $0.97 for the same period compares to $0.92 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $207.03 million, representing a surprise of +0.01%. The company delivered an EPS surprise of +6.3%, with the consensus EPS estimate being $0.91.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

分组1 - Trustmark (TRMK) reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.91 per share, and showing an increase from $0.92 per share a year ago, resulting in an earnings surprise of +6.30% [1] - The company achieved revenues of $207.06 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.01%, and an increase from $199.39 million year-over-year [2] - Trustmark has outperformed the S&P 500, with shares increasing about 5% since the beginning of the year compared to the S&P 500's gain of 1.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $204.63 million, and for the current fiscal year, it is $3.76 on revenues of $842.23 million [7] - The Zacks Industry Rank for Banks - Southeast is in the top 22% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Trustmark's favorable estimate revisions trend prior to the earnings release has resulted in a Zacks Rank 2 (Buy), suggesting that the stock is expected to outperform the market in the near future [6]

Financial Performance - Trustmark Corporation reported net income of $57.9 million for Q4 2025, with diluted earnings per share of $0.97, and total net income for the year at $224.1 million, or $3.70 per share [2]. - Total revenue reached a record $799.8 million in 2025, an increase of $238.8 million, or 42.6%, compared to the previous year [16]. - Net income for Q4 2025 was $57,874,000, reflecting a 1.9% increase from Q3 2025 and a 2.8% increase year-over-year [36]. - Income from continuing operations before income taxes was $70,734,000, a 1.4% increase from Q3 2025 and a 9.0% increase year-over-year [36]. - Net income from continuing operations for the quarter ended December 31, 2025, was $57,874 thousand, an increase from $56,312 thousand in Q4 2024, reflecting a growth of 2.8% [71]. Revenue and Income Sources - Wealth management revenue reached $40.1 million in 2025, up 7.7% from the previous year, while mortgage banking revenue totaled $33.1 million, an increase of 24.2% [8]. - Total noninterest income rose to $41,235,000, up 3.3% from Q3 2025 and 0.7% year-over-year [36]. - Total noninterest income for the year ended December 31, 2025, was $163,640, a significant recovery from a loss of $23,419 in the previous year [44]. Assets and Liabilities - Total assets increased to $18,925,211 thousand, a 0.7% increase from the previous quarter and a 4.3% increase year-over-year [34]. - Total liabilities increased to $16,803,534 thousand, a 0.7% increase from the previous quarter and a 3.8% increase year-over-year [34]. - Total deposits reached $15,499,780,000, a slight decrease from $15,630,970,000 in the prior quarter, indicating a reduction of approximately 0.84% [42]. Loans and Credit Quality - Loans held for investment (HFI) totaled $13.7 billion at year-end 2025, reflecting a year-over-year increase of $584.3 million, or 4.5% [7]. - Nonaccrual loans totaled $84.4 million at December 31, 2025, representing 0.65% of loans HFI [13]. - The allowance for credit losses (ACL) on loans held for investment improved by 4.9% quarter-over-quarter to $(157,071) thousand [34]. - The company reported net charge-offs of $7,621,000, a significant increase of 73.8% from the previous quarter [38]. Shareholder Equity and Capital Ratios - The capital position remained strong with a CET1 ratio of 11.72% and a total risk-based capital ratio of 14.41% at year-end 2025 [9]. - Shareholders' equity reached $2,121,677 thousand, a 0.4% increase from the previous quarter and an 8.1% increase year-over-year [34]. - Tangible common equity as of December 31, 2025, was $1,787,072 thousand, compared to $1,627,596 thousand at the end of 2024, indicating a growth of 9.8% [71]. Stock and Dividends - Trustmark repurchased approximately 2.2 million shares of common stock, or 3.5% of shares outstanding, during the year [9]. - Dividends per share remained stable at $0.24, with a 0.0% change from Q3 2025 and a 4.3% increase year-over-year [36]. Efficiency and Ratios - Trustmark's efficiency ratio improved to 62.69% in Q4 2025, compared to 63.26% in Q4 2024 [49]. - The return on average equity from continuing operations for the quarter ended December 31, 2025, was 10.80%, slightly up from 10.86% in 2024 [75]. - The efficiency ratio (Non-GAAP) for the quarter ended December 31, 2025, was 62.69%, compared to 63.26% for the year ended December 31, 2024 [76]. Investment Strategy - Trustmark's investment strategy focuses on asset quality, with 100% of the securities portfolio invested in U.S. Treasury securities and government agency obligations, ensuring no exposure to sub-prime collateral [58]. - The total securities held to maturity decreased to $1,207,454,000 as of December 31, 2025, down from $1,268,459,000 at the end of September 2025, representing a decline of 4.8% [57].

(109,314)-8.1%————n/m—n/m3,052,7703,019,6673,054,36733,1031.1% (1,597)-0.1%13,861,95313,702,03813,275,762159,9151.2%586,1914.4%369,748389,021422,083(19,273)-5.0% (52,335)-12.4%17,284,47117,110,72616,752,212173,7451.0%532,2593.2%(161,147)(167,775)(157,659)6,6284.0% Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2025 Financial ResultsJan 27, 2026 4:30 PM Eastern Standard Time# Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2025 Financial ResultsShare---Performance Reflects Cont ...

JACKSON, Miss.--(BUSINESS WIRE)--Trustmark Corporation to Announce Fourth Quarter Financial Results January 27 and Conduct Earnings Conference Call January 28. ...