← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Interest Income | $412.1m |
$449.8m
+9.15%
|
$485.6m
+7.96%
|
$510.5m
+5.12%
|
$468.3m
-8.26%
|
$442.5m
-5.51%
|
$541.8m
+22.45%
|
$878.8m
+62.20%
|
$960.3m
+9.27%
|
$948.6m
-1.22%
|
— | |
| Gains (Losses) on Sales of Investment Real Estate | $6.2m | $2.1m | $700k | — | — | — | — | — | — | — | — | |
| Noninterest income: | ||||||||||||
| Total Noninterest Income (loss) | $173.9m | $184.7m | $184.8m | $187.0m | $274.6m | $221.9m | $205.1m | $207.0m | ($23.4m) | $163.6m | — | |
| Net Interest Income | $387.5m |
$407.6m
+5.17%
|
$419.4m
+2.91%
|
$426.6m
+1.71%
|
$426.5m
-0.01%
|
$418.4m
-1.92%
|
$494.7m
+18.25%
|
$552.9m
+11.76%
|
$584.4m
+5.71%
|
$636.1m
+8.85%
|
$651.5m
+2.42%
|
|
| Interest Income (Expense), Net | $387.5m |
$407.6m
+5.17%
|
$419.4m
+2.91%
|
$426.6m
+1.71%
|
$426.5m
-0.01%
|
$418.4m
-1.92%
|
$494.7m
+18.25%
|
$552.9m
+11.76%
|
$584.4m
+5.71%
|
$636.1m
+8.85%
|
$951.5m
+49.58%
|
|
| Labor and Related Expense | $239.6m | $235.0m | $238.0m | $247.7m | $272.3m | $284.2m | $287.4m | $304.7m | $266.2m | $283.4m | — | |
| Salaries and employee benefits | $239.6m | $235.0m | $238.0m | $247.7m | $272.3m | $284.2m | $287.4m | $304.7m | $266.2m | $283.4m | — | |
| Amortization of Intangible Assets | $6.9m | $6.2m | $5.2m | $4.1m | $3.1m | $2.3m | $1.4m | $675k | $110k | $126k | — | |
| Noninterest expense: | ||||||||||||
| Total Noninterest Expense | $407.3m | $430.2m | $415.4m | $429.0m | $475.2m | $489.3m | $603.2m | $537.9m | $485.7m | $512.2m | — | |
| Interest expense: | ||||||||||||
| Other interest expense | $10.1m | $15.4m | $7.5m | $3.3m | $3.6m | $7.0m | $11.9m | $59.6m | $26.4m | $20.3m | — | |
| Total interest expense | $24.5m | $42.2m | $66.2m | $83.9m | $41.8m | $24.2m | $47.1m | $326.0m | $375.9m | $312.5m | — | |
| Interest income: | ||||||||||||
| Other interest income | $988k | $1.5m | $4.2m | $5.4m | $1.6m | $2.8m | $8.1m | $37.1m | $29.7m | $16.8m | — | |
| Net Interest Income After PCL | $372.8m |
$399.9m
+7.25%
|
$402.4m
+0.65%
|
$415.8m
+3.31%
|
$390.4m
-6.09%
|
$442.8m
+13.41%
|
$471.8m
+6.55%
|
$528.3m
+11.97%
|
$543.2m
+2.81%
|
$623.3m
+14.75%
|
$651.5m
+4.53%
|
|
| Debt and Equity Securities, Gain (Loss) | ($310k) | $15k | $0 | $0 | — | $0 | $0 | $39k | ($182.8m) | $0 | — | |
| 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 | — | |
| Nonoperating Income (Expense) | $5.6m | $13.9m | $6.7m | $9.8m | $8.7m | $6.6m | $9.8m | $11.2m | $17.8m | $13.4m | — | |
| Other expense | $47.9m | $51.7m | $48.0m | $47.7m | $58.5m | $60.8m | $59.8m | $61.7m | $63.8m | $63.2m | — | |
| Income from discontinued operations before income taxes | — | — | — | — | — | — | $14.6m | $16.3m | $237.2m | $0 | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $173.8m | $189.8m | $175.4m | $73.7m | $197.3m | $34.1m | $274.7m | $286.3m | |
| Income taxes from continuing operations | $31.1m | $48.7m | $22.3m | $23.3m | $29.8m | $28.0m | $1.9m | $31.8m | ($11.2m) | $50.5m | — | |
| Income taxes from discontinued operations | — | — | — | — | — | — | $3.7m | $4.1m | $59.4m | $0 | — | |
| 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%
|
$234.3m
+4.53%
|
|
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | $1 | $4 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | $1 | $4 | — | |
| Earnings Per Share, Basic | $1.60 | $1.56 | $2.22 | $2.33 | $2.52 | $2.35 | $1.17 | $2.71 | $3.65 | $3.72 | $3.95 | |
| Earnings Per Share, Diluted | $1.60 | $1.56 | $2.21 | $2.32 | $2.51 | $2.34 | $1.17 | $2.70 | $3.63 | $3.70 | $3.93 | |
| Weighted Average Number of Shares Outstanding, Basic | 67.6m | 67.7m | 67.5m | 64.6m | 63.5m | 62.8m | 61.2m | 61.1m | 61.2m | 60.3m | 59.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 67.8m | 67.9m | 67.7m | 64.8m | 63.6m | 63.0m | 61.4m | 61.2m | 61.4m | 60.5m | 59.5m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $988k | $1.5m | $4.2m | $5.4m | $1.6m | $2.8m | $8.1m | $37.1m | $29.7m | $16.8m | — | |
| 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 | — | |
| Equipment Expense | $24.2m | $24.5m | $24.8m | $23.7m | $23.3m | $24.3m | $24.4m | $26.1m | $24.9m | $25.8m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Interest and fees on LHFS & LHFI | $299.6m | $344.6m | $396.0m | $440.2m | $390.8m | $363.8m | $473.0m | $775.3m | $844.7m | $826.3m | — | |
| Interest and fees on PPP loans | — | — | — | — | $26.6m | $36.7m | $639k | $0 | $0 | — | — | |
| Taxable | $77.6m | $76.2m | $66.1m | $54.6m | $48.2m | $38.7m | $59.7m | $66.1m | $85.9m | $105.5m | — | |
| Tax exempt | $3.7m | $3.0m | $2.2m | $1.7m | $1.1m | $548k | $333k | $208k | $4k | $0 | — | |
| Interest on deposits | $12.7m | $22.7m | $53.9m | $79.2m | $37.5m | $16.9m | $29.1m | $246.0m | $329.4m | $274.7m | — | |
| Interest on federal funds purchased and securities sold under repurchase agreements | $1.7m | $4.2m | $4.8m | $1.4m | $755k | $232k | $6.1m | $20.4m | $20.2m | $17.5m | — | |
| PCL, LHFI | $18.0m | $10.8m | $36.1m | ($21.5m) | $21.7m | $27.4m | $45.9m | $14.3m | ||||
| PCL, off-balance sheet credit exposures | — | — | — | — | $8.9m | ($2.9m) | $1.2m | ($2.8m) | ($4.7m) | ($1.4m) | — | |
| Service charges on deposit accounts | $45.3m | $44.0m | $43.7m | $42.6m | $32.3m | $33.2m | $42.2m | $43.4m | $44.4m | $43.7m | — | |
| Bank card and other fees | $27.9m | $28.3m | $28.9m | $31.7m | $31.0m | $34.7m | $36.1m | $33.4m | $33.3m | $33.4m | — | |
| Mortgage banking, net | $28.2m | $29.9m | $34.7m | $29.8m | $125.8m | $63.8m | $28.3m | $26.2m | $26.6m | $33.1m | — | |
| Wealth management | $30.5m | $30.3m | $30.3m | $30.7m | $31.6m | $35.2m | $35.0m | $35.1m | $37.3m | $40.1m | — | |
| Other, net | $5.6m | $13.9m | $6.7m | $9.8m | $8.7m | $6.6m | $9.8m | $11.2m | $17.8m | $13.4m | — | |
| Securities gains (losses), net | ($310k) | $15k | $0 | $0 | — | $0 | $0 | $39k | ($182.8m) | $0 | — | |
| Services and fees | $58.7m | $60.9m | $66.4m | $73.3m | $83.8m | $89.5m | $101.5m | $109.5m | $101.6m | $109.4m | — | |
| Net occupancy - premises | $25.0m | $25.8m | $26.7m | $26.1m | $26.5m | $27.0m | $29.3m | $29.5m | $29.1m | $30.5m | — | |
| Litigation settlement expense | — | — | — | — | $0 | $0 | $100.8m | $6.5m | $0 | $0 | — | |
| Income From Continuing Operations | — | — | — | — | — | — | $60.9m | $153.3m | $45.2m | $224.1m | — | |
| Income From Discontinued Operations | — | — | — | — | — | — | $11.0m | $12.2m | $177.8m | $0 | — | |
| Basic EPS from continuing operations | — | — | — | — | — | — | $0.99 | $2.51 | $0.74 | $3.72 | — | |
| Basic EPS from discontinued operations | — | — | — | — | — | — | $0.18 | $0.20 | $2.91 | $0.00 | — | |
| Diluted EPS from continuing operations | — | — | — | — | — | — | $0.99 | $2.50 | $0.74 | $3.70 | — | |
| Diluted EPS from discontinued operations | — | — | — | — | — | — | $0.18 | $0.20 | $2.90 | $0.00 | — | |
| 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 | — | — |