Compared to Estimates, Trustmark (TRMK) Q1 Earnings: A Look at Key Metrics

Core Insights - Trustmark (TRMK) reported revenue of $197.32 million for Q1 2025, a 3% year-over-year increase, with EPS of$ 0.88 compared to $0.68 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] - The company’s performance metrics indicate a mixed outlook, with some metrics meeting or exceeding estimates while others fell short [4] Financial Performance - Revenue:$ 197.32 million, a 3% increase year-over-year, compared to Zacks Consensus Estimate of $196.3 million, resulting in a surprise of +0.52% [1] - EPS:$ 0.88, surpassing the consensus estimate of $0.82, with a surprise of +7.32% [1] - Net Interest Margin: 3.8%, matching the average estimate [4] - Efficiency Ratio: 61.8%, better than the estimated 64.2% [4] - Net (recoveries) charge-offs / average loans: 0%, compared to the estimated 0.2% [4] - Total nonaccrual LHFI:$ 86.62 million, slightly above the average estimate of $85.01 million [4] - Total nonperforming assets:$ 94.97 million, higher than the estimated $92.38 million [4] - Average Balances - Total earning assets:$ 16.74 billion, exceeding the estimate of $16.70 billion [4] - Net Interest Income:$ 152.06 million, below the estimate of $153.66 million [4] - Total Noninterest income:$ 42.58 million, significantly lower than the estimated $48.82 million [4] - Net Interest Income (FTE):$ 154.74 million, slightly below the estimate of $155.26 million [4] Stock Performance - Trustmark shares have returned -6.9% over the past month, compared to the Zacks S&P 500 composite's -8.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]