Trustmark Corporation (TRMK) Income Statement
TRMK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTRMK revenue and net income
Where TRMK's revenue goes
2025Each bar shows an amount and its share of revenue. TRMK kept 20.0% of revenue as net income.
TRMK profit margins
TRMK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +34.8% | +24.3% | +11.5% | +7.9% |
| Gross profit | +91.9% | +15.7% | +7.2% | +4.9% |
| Operating income | +739.0% | +69.1% | +8.5% | +6.6% |
| Net income | +0.5% | +46.1% | +7.0% | +6.8% |
| EPS (diluted) | +19.7% | +15.6% | +7.5% | +8.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TRMK quarterly EPS vs estimates
Trustmark beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 27, 2026 (estimate $1.00).
TRMK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $831.4M | $759.8M | $583.3M | $567.8M | $649.6M | $619.1M | $601.7M | $572.2M | $525.0M |
| Cost of revenue | $325.4M | $417.2M | $198.0M | $70.0M | −$288,000 | $86.8M | $94.7M | $83.2M | $49.9M | $39.3M |
| Gross profit | $794.9M | $414.2M | $892.3M | $513.3M | $568.1M | $562.8M | $524.3M | $518.5M | $522.3M | $485.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $339.7M | $285.4M | $310.9M | $261.6M | $289.7M | $278.3M | $254.2M | $251.0M | $263.6M | $250.9M |
| Total operating expenses | $509.2M | $380.1M | −$681.5M | $454.2M | $392.7M | $373.0M | $350.5M | $346.7M | $367.9M | $346.3M |
| Operating income | $285.7M | $34.1M | $210.8M | $59.1M | $175.4M | $189.8M | $173.8M | $171.9M | $154.3M | $139.5M |
| Interest income | $948.6M | $960.3M | $822.5M | $554.2M | $454.2M | $480.4M | $510.5M | $485.6M | $449.8M | $412.1M |
| Interest expense | $312.5M | $375.9M | $59.6M | $47.1M | $24.2M | $41.8M | $83.9M | $66.2M | $42.2M | $24.5M |
| Income before taxes | $285.7M | $34.1M | $210.8M | $59.1M | $175.4M | $189.8M | $173.8M | $171.9M | $154.3M | $139.5M |
| Income taxes | $61.6M | −$11.2M | $45.3M | −$1.8M | $28.0M | $29.8M | $23.3M | $22.3M | $48.7M | $31.1M |
| Net income | $224.1M | $223.0M | $165.5M | $71.9M | $147.4M | $160.0M | $150.5M | $149.6M | $105.6M | $108.4M |
| EBITDA | $325.7M | $72.1M | $210.8M | $99.0M | $221.2M | $231.1M | $213.2M | $210.8M | $192.8M | $176.1M |
| EPS (diluted) | $3.71 | $3.10 | $2.81 | $2.40 | $2.49 | $2.58 | $2.33 | $2.22 | $1.92 | $1.61 |
| Gross margin | 71.0% | 49.8% | 117.4% | 88.0% | 100.1% | 86.6% | 84.7% | 86.2% | 91.3% | 92.5% |
| Operating margin | 25.5% | 4.1% | 27.7% | 10.1% | 30.9% | 29.2% | 28.1% | 28.6% | 27.0% | 26.6% |
| Net margin | 20.0% | 26.8% | 21.8% | 12.3% | 26.0% | 24.6% | 24.3% | 24.9% | 18.5% | 20.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $237.4M | $277.2M | $283.0M | $383.3M | $249.1M | $244.8M | $253.1M | $262.6M | $72.1M | $243.6M | $254.4M | $236.8M |
| Cost of revenue | $71.8M | $74.3M | $77.7M | $165.7M | $83.3M | $82.4M | $91.4M | $103.4M | $117.9M | $104.5M | $102.8M | $98.3M |
| Gross profit | $165.6M | $203.0M | $205.3M | $217.5M | $165.7M | $162.4M | $161.7M | $159.2M | −$45.8M | $139.1M | $151.6M | $138.5M |
| Sales, general & admin | $133.7M | $89.1M | $89.8M | $145.0M | $72.4M | $72.7M | $74.0M | $71.8M | $69.7M | $70.0M | $82.8M | $71.1M |
| Total operating expenses | $130.4M | $132.0M | $131.7M | $145.0M | $96.9M | $97.1M | $96.8M | $96.7M | $92.5M | $94.1M | $108.2M | $101.7M |
| Operating income | $35.2M | $71.0M | $73.7M | $72.5M | $68.9M | $65.3M | $64.9M | $62.5M | −$138.3M | $45.0M | $43.4M | $36.8M |
| Interest income | $237.4M | $232.1M | $239.3M | $242.7M | $237.4M | $229.1M | $239.7M | $251.6M | $239.2M | $229.8M | $232.9M | $231.8M |
| Interest expense | $71.8M | $71.5M | $76.4M | $140.1M | $78.7M | $77.1M | $83.9M | $96.9M | $98.1M | $97.0M | $96.1M | $89.9M |
| Income before taxes | $77.8M | $71.0M | $73.7M | $72.5M | $68.9M | $65.3M | $64.9M | $62.5M | −$138.3M | $45.0M | $43.4M | $36.8M |
| Income taxes | $14.2M | $14.9M | $15.8M | $15.7M | $13.0M | $11.7M | $8.6M | $11.1M | −$37.7M | $6.8M | $7.3M | $6.3M |
| Net income | $63.5M | $56.1M | $57.9M | $56.8M | $55.8M | $53.6M | $56.3M | $51.3M | $73.8M | $41.5M | $36.1M | $34.0M |
| EBITDA | $88.2M | $80.6M | $85.4M | $82.3M | $78.8M | $73.9M | $74.6M | $72.2M | −$128.2M | $53.6M | $53.0M | $46.5M |
| EPS (diluted) | $0.97 | $0.95 | $0.97 | $0.94 | $0.92 | $0.88 | $0.92 | $0.84 | $0.66 | $0.68 | $0.61 | $0.64 |
| Gross margin | 69.8% | 73.2% | 72.6% | 56.8% | 66.5% | 66.3% | 63.9% | 60.6% | −63.5% | 57.1% | 59.6% | 58.5% |
| Operating margin | 14.8% | 25.6% | 26.0% | 18.9% | 27.6% | 26.7% | 25.6% | 23.8% | −191.9% | 18.5% | 17.1% | 15.6% |
| Net margin | 26.8% | 20.2% | 20.4% | 14.8% | 22.4% | 21.9% | 22.3% | 19.5% | 102.5% | 17.0% | 14.2% | 14.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TRMK's financial statements (latest annual report filed February 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TRMK financial results
In fiscal year 2025 (ended December 31, 2025), Trustmark reported revenue of $1.1 billion, up 34.8% from the year before. It had net income of $224.1 million (up 0.5%), a net profit margin of 20.0%. Diluted earnings per share came to $3.71. Over five years revenue grew at an average rate of 11.5% a year.
See the TRMK stock overview for the latest quote and news, or the TRMK chart for price history and technical indicators.
TRMK income statement FAQ
What is Trustmark's annual revenue?
Trustmark reported total revenue of $1.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 34.8% from $831.4 million the previous year.
Is Trustmark profitable?
Yes. Trustmark reported net income of $224.1 million in fiscal 2025, a net profit margin of 20.0%; its operating margin was 25.5%.
What is Trustmark's gross margin?
Trustmark's gross margin was 71.0% in fiscal 2025: for every $100 of revenue, Trustmark kept $71 after the direct cost of its products and services.
How fast is Trustmark growing?
Revenue grew 11.5% a year on average over the last five fiscal years, from $649.6 million to $1.1 billion.
What are Trustmark's earnings per share?
Trustmark earned $3.71 per diluted share in fiscal 2025, compared with $3.10 a year earlier.
When will Trustmark report its next earnings?
Trustmark is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Trustmark's fiscal year end?
Trustmark's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 23, 2026.