Truxton (TRUX) Q2 2025 earnings summary

Executive summary

• Net income for Q2 2025 was $5.3 million, up 18% year-over-year and 5% sequentially; EPS rose 19% year-over-year to $1.84 per diluted share.

• Achieved record quarterly earnings while investing in talent to support client and shareholder outcomes.

Financial highlights

• Non-interest income reached $6.1 million, up $604K year-over-year but down $240K sequentially; wealth revenue was $5.2 million, flat year-over-year.

• Loans ended at $692 million, up 7% year-over-year but down 1% from Q1 2025; average loan balances increased $2.3 million sequentially.

• Total deposits grew 25% year-over-year to $1.05 billion and 2% sequentially.

• Net interest margin improved to 2.92%, up 17 bps year-over-year and 2 bps sequentially.

• Book value per common share rose to $35.75 from $31.85 a year ago.

Outlook and guidance

• Management remains focused on growth, client service, and technology investment to support continued expansion.