Truxton (TRUX) Q3 2025 earnings summary

Executive summary

• Net income rose 23.1% year-over-year to $5.63 million in Q3 2025, with strong growth in both net interest and non-interest income.

• Diluted EPS was $1.95, up 24% from Q3 2024.

• Assets increased 26.9% to $1.31 billion, and loans grew 8.4% to $720.7 million compared to Q3 2024.

• Wealth management revenue increased 6.9% to $5.63 million, representing 38% of net revenue.

• Continued earnings growth driven by strong client outcomes and operational execution.

Financial highlights

• Net interest income up 31.7% year-over-year to $8.79 million.

• Non-interest income increased 8.4% to $6.01 million.

• Loans grew 8% year-over-year to $721 million; total deposits increased 30% year-over-year to $1.16 billion.

• Net interest margin was 2.82%, up 13 bps year-over-year but down 10 bps sequentially; cost of funds was 3.08%.

• Efficiency ratio improved to 50.64% from 52.72% in Q3 2024.

Outlook and guidance

• Continued focus on wealth management growth, with Truxton Wealth contributing significantly to revenue.

• Management highlights ongoing commitment to client service and shareholder returns, supporting continued growth.