Trustmark Q4 revenue slightly misses estimates

Reuters
Jan 28
Trustmark Q4 revenue slightly misses estimates

Overview

  • U.S. financial services firm's Q4 revenue slightly missed analysts' expectations

  • Net income for Q4 was $57.9 mln, with EPS at $0.97

  • Company increased quarterly dividend by 4.2% to $0.25 per share

Outlook

  • Trustmark plans to leverage technology investments to enhance customer experience and efficiency

  • Trustmark announces $100 mln stock repurchase program effective January 2026

Result Drivers

  • LOAN AND DEPOSIT GROWTH - Trustmark's traditional banking business drove continued loan and deposit growth, contributing to strong net interest margin and solid credit quality

  • MORTGAGE BANKING - Increased mortgage production and profitability contributed to Trustmark's financial results

  • WEALTH MANAGEMENT - Revenue in wealth management reached an all-time high, supporting overall revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Slight Miss*

$204.10 mln

$206.09 mln (4 Analysts)

Q4 EPS

$0.97

Q4 Net Income

$57.90 mln

Q4 Net Interest Income

$165.8 mln

Q4 Dividend

$0.25

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the banks peer group is "buy"

  • Wall Street's median 12-month price target for Trustmark Corp is $43.00, about 5.1% above its January 26 closing price of $40.91

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw1G7K0Fa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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