← TRUSTMARK CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $108.4m |
$105.6m
-2.57%
|
$149.6m
+41.61%
|
$150.5m
+0.59%
|
$160.0m
+6.36%
|
$147.4m
-7.91%
|
$71.9m
-51.22%
|
$165.5m
+130.21%
|
$223.0m
+34.76%
|
$224.1m
+0.50%
|
— | |
| Depreciation, Amortization and Accretion, Net | $36.6m | $38.5m | $38.9m | $39.4m | $41.3m | $45.8m | $39.9m | $35.8m | $38.1m | $40.0m | $41.6m | |
| Amortization of Intangible Assets | $6.9m | $6.2m | $5.2m | $4.1m | $3.1m | $2.3m | $1.4m | $675k | $110k | $126k | — | |
| Amortization Of Securities | — | — | — | — | — | — | $11.2m | $6.1m | ($10.6m) | ($24.6m) | ($26.0m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $39.9m | $35.8m | $38.1m | $40.0m | $41.6m | |
| Deferred Income Tax Expense (Benefit) | $18.0m | $26.1m | $11.7m | ($3.9m) | ($19.8m) | $20.1m | ($16.8m) | ($4.8m) | $23.8m | $23.0m | $29.2m | |
| Deferred Tax | — | — | — | — | — | — | ($16.8m) | ($4.8m) | $23.8m | $23.0m | $29.2m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | $5.2m | $5.6m | $4.9m | $6.2m | $7.2m | $6.2m | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.0m | $1.7m | $1.4m | $1.7m | $1.1m | $1.4m | $1.7m | $1.1m | $1.5m | $2.5m | — | |
| Share-based Payment Arrangement, Expense | $3.7m | — | — | — | — | — | — | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Nonoperating Income (Expense) | $5.6m | $13.9m | $6.7m | $9.8m | $8.7m | $6.6m | $9.8m | $11.2m | $17.8m | $13.4m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $115.8m | $22.9m | ($114.8m) | $15.7m | ($1.6m) | |
| Increase (Decrease) in Other Operating Assets | $20.1m | ($23.5m) | $1.9m | $30.7m | $49.7m | ($42.4m) | $51.9m | $11.5m | $6.2m | ($233k) | — | |
| Increase (Decrease) in Other Operating Liabilities | $7.3m | $9.1m | ($1.3m) | $13.3m | $13.7m | $19.6m | $167.7m | $34.4m | ($108.5m) | $15.4m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($51.9m) | ($11.5m) | ($6.2m) | $233k | ($15.6m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $167.7m | $34.4m | ($108.5m) | $15.4m | $14.1m | |
| Net Cash Provided by (Used in) Operating Activities | $147.4m |
$206.6m
+40.14%
|
$239.2m
+15.77%
|
$116.4m
-51.32%
|
$65.3m
-43.88%
|
$348.8m
+433.73%
|
$296.5m
-14.98%
|
$196.9m
-33.60%
|
$116.9m
-40.61%
|
$243.9m
+108.59%
|
$207.8m
-14.82%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.2m | $13.2m | $14.6m | $17.3m | $22.6m | $27.4m | $26.6m | $40.1m | $23.5m | $11.9m | ($29.3m) | |
| Equipment Expense | $24.2m | $24.5m | $24.8m | $23.7m | $23.3m | $24.3m | $24.4m | $26.1m | $24.9m | $25.8m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $486.9m | $467.2m | $423.6m | $425.3m | $680.3m | $835.2m | $435.4m | $301.3m | $244.0m | $219.3m | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | — | $39k | ($182.8m) | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $19.8m | $0 | $0 | $4.8m | — | $0 | — | — | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | ($200k) | $0 | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($35.9m) | $20.2m | $14.6m | $10.4m | $16.1m | |
| Net Cash Provided by (Used in) Investing Activities | — | — | $438.8m | ($74.2m) | ($1.2b) | ($1.0b) | ($2.3b) | ($411.2m) | $284.6m | ($586.2m) | ($471.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | $0 | $0 | — | — | — | $39k | ($182.8m) | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $975.0m | $0 | $0 | $196.9m | $196.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $975.0m | $0 | $0 | $196.9m | $196.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.4m) | ($575.7m) | ($200.5m) | ($125.5m) | ($125.5m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $973.6m | ($575.7m) | ($200.5m) | $71.5m | ($403.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $973.6m | ($575.7m) | ($200.5m) | $71.5m | $71.5m | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.4m) | ($575.7m) | ($200.5m) | ($125.5m) | ($125.5m) | |
| Payments for Repurchase of Common Stock | $750k | $0 | $62.4m | $56.6m | $27.5m | $61.8m | $24.6m | $0 | $7.5m | $80.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $63 | $63 | $62 | $60 | $59 | $58 | $57 | $57 | $57 | $58 | ($58.7m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($56.7m) | ($56.7m) | ($56.8m) | ($58.5m) | ($58.7m) | |
| Common Stock Payments | — | — | — | — | — | — | ($26.3m) | ($1.1m) | ($9.0m) | ($82.6m) | ($97.4m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($26.3m) | ($1.1m) | ($9.0m) | ($82.6m) | ($97.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($26.3m) | ($1.1m) | ($9.0m) | ($82.6m) | ($97.4m) | |
| Other Interest and Dividend Income | $988k | $1.5m | $4.2m | $5.4m | $1.6m | $2.8m | $8.1m | $37.1m | $29.7m | $16.8m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($56.7m) | ($56.7m) | ($56.8m) | ($58.5m) | ($58.7m) | |
| Net Other Financing Charges | — | — | — | — | — | ($1.4m) | ($1.7m) | ($1.1m) | — | — | ($1.5m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | ($664.2m) |
($32.9m)
+95.05%
|
$2.7b
+8458.31%
|
$970.6m
-64.65%
|
$451.8m
-53.45%
|
$455.0m
+0.71%
|
($809.6m)
-277.92%
|
$443.1m
+154.72%
|
$298.7m
-32.58%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $9.4m | $1.6b | $314.3m | ($1.5b) | $240.8m | ($408.1m) | $100.8m | $669.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $2.3b | $734.6m | $975.3m | $567.3m | $634.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $4.9m | $5.0m | $5.4m | $5.6m | $5.1m | $4.9m | $4.9m | $5.2m | $4.1m | $7.7m | — | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | — | — | — | — | — | $19.3m | $20.0m | — | |
| Parent Company | $62.7m | $62.8m | $62.4m | $59.8m | $58.8m | $58.1m | $56.7m | $56.7m | $56.8m | $58.5m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $66.4m | $84.0m | $43.0m | $24.4m | $45.3m | $306.6m | $385.8m | $314.8m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $52.2m | — | |
| Additional Financial Items | ||||||||||||
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | ($2.5m) | $3.0m | $1.4m | $1.5m | $10.5m | ($10.3m) | ($3.3m) | $2.2m | ($2.1m) | $932k | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | $228.3m | $0 | — | |
| Gain (Loss) on Sale of Mortgage Loans | $20.5m | $18.9m | $21.6m | $30.3m | $110.9m | $56.0m | $20.2m | $15.3m | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | $6.2m | $2.1m | $700k | — | — | — | — | — | — | — | — | |
| Goodwill | $366.2m | $379.6m | $379.6m | $379.6m | $385.3m | $384.2m | $384.2m | $384.2m | $334.6m | $334.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $45.2m | $224.1m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $177.8m | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $177.8m | — | — | |
| Income Tax Expense (Benefit) | $31.1m | $48.7m | $22.3m | $23.3m | $29.8m | $28.0m | $1.9m | $31.8m | ($11.2m) | $50.5m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($370k) | ($174k) | $242k | $360k | $0 | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $36.1m | ($21.5m) | $21.7m | $27.4m | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $451.8m | $455.0m | ($809.6m) | $443.1m | $298.7m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($2.3b) | ($411.2m) | $284.6m | ($586.2m) | ($471.0m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($1.5b) | $240.8m | ($408.1m) | $100.8m | — | |
| Changes In Cash | — | — | — | — | — | — | ($1.5b) | $240.8m | ($408.1m) | $100.8m | $35.5m | |
| End Cash Position | — | — | — | — | — | — | $734.6m | $975.3m | $567.3m | $668.0m | $669.9m | |
| Financing Cash Flow | — | — | — | — | — | — | $451.8m |
$455.0m
+0.71%
|
($809.6m)
-277.92%
|
$443.1m
+154.72%
|
$298.7m
-32.58%
|
|
| Free Cash Flow | — | — | — | — | — | — | $262.5m | $148.2m | $88.3m | $223.7m | $178.4m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $0 | ($39k) | $182.8m | $0 | $0 | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $0 | ($228.3m) | $0 | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($2.3b) | ($411.2m) | $284.6m | ($586.2m) | ($471.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | $321.3m | $0 | $0 | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($7.4m) | ($8.6m) | ($5.1m) | ($8.3m) | ($8.5m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($286.3m) | $373.4m | $152.0m | $28.9m | $17.0m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($21.5m) | ($38.2m) | ($21.3m) | ($7.8m) | ($19.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($20.0m) | ($7.5m) | ($57.5m) | ($13.8m) | ($12.6m) | |
| Other Non Cash Items | — | — | — | — | — | — | $71.7m | ($45.7m) | ($26.3m) | ($33.4m) | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $4.9m | $6.2m | $7.2m | $6.2m | $7.1m | |
| Purchase Of Business | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($7.4m) | ($8.6m) | ($5.1m) | ($8.3m) | ($8.5m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($857.8m) | ($35.8m) | ($1.6b) | ($332.1m) | ($372.6m) | |
| Purchase Of PPE | $10.2m | $13.2m | $14.6m | $17.3m | $22.6m | $27.4m | ($26.6m) | ($40.1m) | ($23.5m) | ($11.9m) | ($29.3m) | |
| Sale Of Investment | — | — | — | — | — | — | $571.5m | $409.2m | $1.7b | $361.1m | $389.6m | |
| Sale Of PPE | — | — | — | — | — | — | $5.1m | $1.9m | $2.2m | $4.2m | $1.6m | |
| Stock Based Compensation | — | — | — | — | — | $5.6m | $4.9m | $6.2m | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.