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Trustmark (TRMK) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Trustmark (TRMK) Q3 2026 earnings results →

Q3 2026 Revenue up 2% year over year to $207M · 28¢ of every $1 of revenue kept as net profit · operating margin 34.0%

Trustmark made $207M in Q3 2026 (+2% Y/Y): Net interest income $168M, Noninterest income $39.5M. Operating margin 34.0%, net earnings $58.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$207M
Year over year+2%
Operating margin34.0%
Net earnings$58.1M
Operating cash flow$139M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $207.1M in Q3 2026, up 2% year over year and down 1% from the previous quarter. Net interest income was the largest line at 81% of revenue. Net interest income added $5.2M year over year (up 3%), 109% of the total change. Noninterest income declined 1%.

Operating profit was $70.4M, a 34.0% margin (down 0.5 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, below the 34% margin then. Total costs grew 3% against revenue growth of 2%. Net earnings were $58.1M, up 2% year over year. The effective tax rate was 17.6%.

Operating cash flow was $139.3M (up 110% year over year), 240% of net earnings. Non-cash charges added back $10.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $68.5M. Capital expenditures of $4.3M left free cash flow of $135.1M.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$207M+2%34.0%$58.1M$139M

Charts

Trustmark: where the cash came from (+) and went (−), TTM to Q3 2026Trustmark: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$281MOther investing−$276MOther financing$159MBuybacks−$104MDividends−$58.7MCash drawn (+) / kept (−)$22.7MCapital spending−$21.5MTaxes on employees’ shares−$3.4MAsset & business sales$1.5MNet borrowing (+) / repaid (−)−$468K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Trustmark: profit against cash, quarter by quarterTrustmark: profit against cash, quarter by quarterNet incomeOperating cash flow$56.3M$99.3MQ4 2024$53.6M$82.4MQ1 2025$55.8M$37.6MQ2 2025$56.8M$66.2MQ3 2025$57.9M$57.6MQ4 2025$56.1M$27.1MQ1 2026$63.5M$56.8MQ2 2026$58.1M$139MQ3 2026
Latest (Q3 2026): Net income $58.1M, Operating cash flow $139M.
Trustmark: diluted shares by fiscal yearTrustmark: diluted shares by fiscal year64MFY202063MFY202161MFY202261MFY202361MFY202461MFY2025
-4.9% since FY2020: buybacks shrank the count.
Trustmark in its industry: growth against margin (68 companies, SIC 6021)Trustmark in its industry: growth against margin (68 companies, SIC 6021)revenue growth, year over year →↑ operating marginmedian +8%median 37%JPMBACCWFCCOFUSBPNCTFCHBANKEYPNFPHSBC USA IncZIONUMBFWebster Financial CorpONBCFRVLYBOKFBANCFNBFHNFULTWSFSFFBCWSBCCBUPRKWAFDFRMENBTBCASHBANFOCFCNWBITBBKNICHOPEFCFDCOMNBHCBHRBAMTBWBHCCHCOALRSHAFCNEWTCACCBNKBFCFMCBWABCSHBIPFISCAREBCALSFSTMRBKFDBCFNLCFUNCLCNBATLOCFBKASRVNKSHTRMK (+2%, 34%)
National Commercial Banks; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Trustmark

Trustmark Corporation (Trustmark), a Mississippi business corporation incorporated in 1968, is a bank holding company headquartered in Jackson, Mississippi. As previously disclosed, on August 4, 2025, Trustmark’s principal subsidiary, Trustmark National Bank, initially chartered by the State of Mississippi in 1889, converted from a national banking association to a Mississippi-chartered banking corporation and changed its name to Trustmark Bank (TB). TB is a member bank of the Federal Reserve System and is supervised by the Federal Reserve Bank of Atlanta (FRBA) and the Mississippi Department of Banking and Consumer Finance (MDBCF). At December 31, 2025, TB had total assets of $18.923 billion, which represented approximately 99.99% of the consolidated assets of Trustmark.

In its own words, from its 10-K, filed Feb 23, 2026.

Trustmark against its National Commercial Banks peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +6%. Operating margin: 34.0% against the peers' median 32.5%.

CompanyQuarterRevenueY/YOp. margin
TRMK TrustmarkQ3 2026$207M+2%34.0%
JPM JPMorgan ChaseQ3 2026$50.2B+8%40.1%
BAC Bank of AmericaQ3 2026$30.0B+3%29.9%
C CitigroupQ3 2026$23.8B+8%30.6%
WFC Wells FargoQ3 2026$21.9B+2%32.5%
COF Capital One FinancialQ3 2026$16.3B+6%28.0%
USB US BancorpQ3 2026$8.0B+9%35.1%
PNC PNC Financial Services GroupQ3 2026$6.6B+11%40.0%
TFC Truist FinancialQ3 2026$3.7B-28%23.9%

Source: Trustmark 10-Q on SEC EDGAR · CIK 36146 · National Commercial Banks

Guidance and outlook

Trustmark: what its forward-looking statements are about (10-Q filed 2026-11-05)Trustmark: what its forward-looking statements are about (10-Q filed 2026-11-05)Other2The economy1Buybacks & dividends1Margins1
5 statements; tone -0.20 (−1 all cautious, +1 all confident); 1 hedged.
Trustmark: outlook statements against the filing beforeTrustmark: outlook statements against the filing beforeCautious1

13F: who owns TRMK and who is buying

Largest holders of TRMK (13F)Largest holders of TRMK (13F)BlackRock$396MVanguard Group$246MDimensional Fund Advisors LP$181MVanguard Portfolio Management LLC$164MState Street$152MVanguard Capital Management LLC$117MEarnest Partners LLC$112MAmerican Century Companies$78.0MGeode Capital Management, LLC$73.4MNorth Reef Capital Management LP$72.0M
Funds' net buying of TRMK by quarter (13F)Funds' net buying of TRMK by quarter (13F)−$12.8M2024-09−$6.0M2024-12$25.4M2025-03−$14.2M2025-06$5.4M2025-09$8.8M2025-12$71.2M2026-03$24.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on TRMK

History

Every quarter: Q3 2026 results

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中文版:Trustmark(TRMK)财报

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