Truxton (TRUX) Q4 2025 earnings summary

Executive summary

• Revenue grew 18% year-over-year to $58 million in 2025, with fully diluted EPS up 18% to $7.60.

• Net income increased 17% year-over-year to $21.5 million, with Q4 2025 net income at $5.48 million, or $1.90 per diluted share.

• Loans expanded 21.4% year-over-year to $814 million, and total assets rose 41.1%.

• Wealth management revenue increased 10.9% in Q4 2025 compared to Q4 2024, representing 41% of net revenue and 92% of non-interest income.

• Total deposits rose 43% year-over-year to $1.24 billion at December 31, 2025.

Financial highlights

• Net interest income rose 29.9% year-over-year to $34 million.

• Non-interest income grew 10.3% to $24.4 million, with Q4 2025 non-interest income at $5.9 million.

• Efficiency ratio improved to 47.68% in Q4 2025 and 50.0% for the year.

• Net interest margin for Q4 2025 was 2.97%, up from 2.79% in Q4 2024, and 2.88% for the year.

• Dividends paid totaled $3.00 per share in 2025, including a $1.00 special dividend.

Outlook and guidance

• Management highlights continued focus on credit quality, prudent loan growth, and funding growth from a single banking location.

• Emphasis on maintaining strong capital ratios, efficiency, and superior deposit operations and technology.