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Truxton (TRUX) investor relations material
Truxton Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net income rose 34.6% year-over-year to $6.8 million in Q1 2026, or $2.35 per diluted share, up from $5.05 million, or $1.75 per diluted share, in Q1 2025.
Total revenue, net, reached $16.93 million in Q1 2026, compared to $13.24 million in Q1 2025.
Revenue growth was driven by strong noninterest income and wealth management performance.
Asset base expanded 14.1% year-over-year to $1.37 billion.
Financial highlights
Net interest income was $10.4 million, up 44% year-over-year and 9% sequentially.
Noninterest income totaled $6.4 million, nearly flat year-over-year but up $479 thousand sequentially.
Wealth management revenue grew 13% year-over-year to $6.0 million.
Net interest margin improved to 3.18% from 2.90% a year ago.
Book value per common share increased to $41.36 from $34.46 a year ago.
Outlook and guidance
Cost of funds declined 21 bps sequentially to 2.70% due to lower Fed funds rates.
Loan yields fell 11 bps quarter-over-quarter as floating rate loans repriced lower.
Management highlights continued focus on superior deposit operations service and technology to support growth.
- EPS up 18%, assets up 41%, and strong loan and deposit growth with robust capital ratios.TRUX
Q4 202519 Feb 2026 - Net income up 23.1% year-over-year, driven by higher interest and wealth management revenue.TRUX
Q3 202527 Oct 2025 - Q2 2025 delivered record earnings, strong deposit growth, and improved net interest margin.TRUX
Q2 202528 Jul 2025 - Net income steady at $4.57M as loans, deposits, and wealth management revenue rise.TRUX
Q3 202413 Jun 2025 - Earnings grew 1% year-over-year as wealth management offset fraud losses and higher expenses.TRUX
Q2 202413 Jun 2025 - Record earnings, robust growth in loans and deposits, and pristine asset quality marked Q1 2025.TRUX
Q1 20256 Jun 2025 - Earnings and capital strength improved in 2024, with robust asset quality and shareholder returns.TRUX
Q4 20245 Jun 2025
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Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
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