Trustmark(US:TRMK)2025-10-29 13:30Financial Performance - Net income totaled $56.8 million, representing fully diluted EPS of $0.94[5] - Revenue in the third quarter totaled $202.4 million, an increase of 1.9% linked quarter and 5.3% year-over-year[5] - Net interest income (FTE) totaled $165.2 million, an increase of 2.4% linked-quarter and 4.6% year-over-year; net interest margin expanded to 3.83%[5] - Noninterest income totaled $39.9 million, up 0.1% linked-quarter and 6.3% year-over year[5] Balance Sheet - Loans held for investment (HFI) increased $83.4 million, or 0.6%, linked-quarter, and a $448.0 million, or 3.4%, increase year-over-year[5] - Total deposits increased $515.1 million, or 3.4%, linked-quarter, and $390.0 million, or 2.6%, from the prior year; cost of total deposits increased 4 basis points to 1.84%[5] - At September 30, 2025, Total Assets were $18.8 billion, Loans (HFI) were $13.5 billion and Total Deposits were $15.6 billion[6] Credit Quality - Net charge-offs totaled $4.4 million, including one charge-off on an individually analyzed loan totaling $3.1 million reserved for in prior periods; NCOs represented 0.13% of average loans[5] - Allowance for credit losses (ACL) represented 1.22% of loans HFI and 239.69% of nonaccrual loans, excluding individually analyzed credits at September 30, 2025[5] Capital Management - Repurchased $11.0 million, or approximately 280 thousand common shares, during third quarter; for the first nine months of 2025, repurchased $37.1 million, or approximately 1.0 million common shares; $62.9 million in remaining share repurchase authorization in 2025[5] - Tangible book value per share of $29.60 at September 30, 2025, up 3.0% linked quarter and 10.1% year-over-year[5]