Trustmark Q4 revenue slightly misses estimates

Overview

• U.S. financial services firm's Q4 revenue slightly missed analysts' expectations

• Net income for Q4 was $57.9 mln, with EPS at $0.97

• Company increased quarterly dividend by 4.2% to $0.25 per share

Outlook

• Trustmark plans to leverage technology investments to enhance customer experience and efficiency

• Trustmark announces $100 mln stock repurchase program effective January 2026

Result Drivers

• LOAN AND DEPOSIT GROWTH - Trustmark's traditional banking business drove continued loan and deposit growth, contributing to strong net interest margin and solid credit quality

• MORTGAGE BANKING - Increased mortgage production and profitability contributed to Trustmark's financial results

• WEALTH MANAGEMENT - Revenue in wealth management reached an all-time high, supporting overall revenue growth

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Trustmark Corp is $43.00, about 5.1% above its January 26 closing price of $40.91

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw1G7K0Fa

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