Truxton (TRUX) investor relations material

Executive summary

• Net income rose 29.2% year-over-year to $6.88 million in Q2 2026, or $2.38 per diluted share, with strong growth in both net interest and noninterest income.

• Total revenue, net, reached $16.84 million in Q2 2026, compared to $14.48 million in Q2 2025.

• Assets increased 8.8% to $1.37 billion, and loans grew 16.3% to $803.7 million compared to Q2 2025.

• Truxton Wealth segment contributed 37% of net revenue and 93% of noninterest income, with segment revenue up 19.4% year-over-year.

Financial highlights

• Net interest income increased 18.9% year-over-year to $10.06 million; noninterest income grew 9.1% to $6.70 million.

• Net interest margin was 3.10%, up 21 bps year-over-year but down 8 bps sequentially.

• Earnings before taxes rose 26.7% to $8.61 million; net income up 29.2% to $6.88 million.

• Book value per common share rose to $43.11 at June 30, 2026, from $35.75 a year earlier.

• Pre-tax, pre-provision net revenue up 23.4% from Q2 2025.

Outlook and guidance

• Continued focus on diversified loan growth and wealth management expansion.

• Monitoring deposit costs and net interest margin trends amid rising funding costs.

• Asset quality remains sound, with non-performing assets at $116k at quarter end.

• The capital position remains strong, with a Tier 1 leverage ratio of 9.27% at June 30, 2026.