Trustmark (TRMK) Q3 2026 earnings summary

Executive summary

• Q3 net income was $58.1M, or $1.00 diluted EPS; ROAA was 1.21% and ROATE was 12.72%.

• Results reflected higher net interest income and strong credit quality; branch sale-leaseback and securities-repositioning gains and losses offset each other.

Financial highlights

• Revenue was $207.1M, down 0.5% QoQ and up 2.4% YoY; FTE net interest income was $170.6M, up 1.2% QoQ and 3.2% YoY.

• FTE NIM was 3.84%, unchanged QoQ and up 1 bp YoY.

• Noninterest income was $39.5M; noninterest expense was $134.4M, up 0.6% QoQ and 2.7% YoY.

• Record quarterly operating EPS; reported and adjusted operating net income were each $58.1M after offsetting transaction impacts.

Outlook and guidance

• FY26 HFI loan and deposit growth guidance remains mid-single digits, excluding broker deposits; securities balances expected stable.

• FY26 NIM guidance increased to 3.83%–3.87%; Q4 NIM expected near 4% and at the high end of the range. FTE NII growth expected in the mid-single digits.

• FY26 noninterest income growth guidance is low-to-mid-single digits; noninterest expense growth guidance remains mid-single digits.

• Q4 sale-leaseback and securities restructuring expected to add $5.7M NII, or 12 bps of margin; after occupancy and premises impacts, incremental income expected at $3.2M, or $0.05 diluted EPS.