--- title: "Trustmark | 10-Q: FY2026 Q1 Revenue: USD 274.42 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285438514.md" datetime: "2026-05-06T20:56:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285438514.md) - [en](https://longbridge.com/en/news/285438514.md) - [zh-HK](https://longbridge.com/zh-HK/news/285438514.md) --- # Trustmark | 10-Q: FY2026 Q1 Revenue: USD 274.42 M Revenue: As of FY2026 Q1, the actual value is USD 274.42 M. EPS: As of FY2026 Q1, the actual value is USD 0.95, beating the estimate of USD 0.8783. EBIT: As of FY2026 Q1, the actual value is USD -92.55 M. Trustmark Corporation’s financial performance for the three months ended March 31, 2026, showed an increase in net income compared to the same period in 2025, while comprehensive income decreased significantly . #### Income Statement Highlights (Three Months Ended March 31) - **Net Interest Income**: Increased to $160,559 thousand in 2026 from $152,055 thousand in 2025 . - **Provision for Credit Losses (PCL)**: - LHFI PCL decreased to $4,688 thousand in 2026 from $8,125 thousand in 2025 . - Off-balance sheet credit exposures PCL was - $1,948 thousand in 2026, an improvement from - $2,831 thousand in 2025 . - **Net Interest Income After PCL**: Increased to $157,819 thousand in 2026 from $146,761 thousand in 2025 . - **Noninterest Income**: Total noninterest income slightly decreased to $42,345 thousand in 2026 from $42,584 thousand in 2025 . - Wealth management income increased to $10,393 thousand in 2026 from $9,543 thousand in 2025 . - Mortgage banking, net, increased to $8,934 thousand in 2026 from $8,771 thousand in 2025 . - **Noninterest Expense**: Increased to $132,159 thousand in 2026 from $124,011 thousand in 2025 . - Salaries and employee benefits increased to $74,242 thousand in 2026 from $68,492 thousand in 2025 . - **Net Income**: Increased to $56,115 thousand in 2026 from $53,633 thousand in 2025 . - **Comprehensive Income**: Decreased significantly to $42,304 thousand in 2026 from $88,590 thousand in 2025, primarily due to net unrealized losses on available for sale securities and transferred securities, and a change in accumulated gain/loss on effective cash flow hedge derivatives . #### Balance Sheet Highlights (As of March 31, 2026 vs. December 31, 2025) - **Total Assets**: Increased to $18,987,324 thousand from $18,925,211 thousand . - **Loans held for investment (LHFI)**: Net LHFI increased to $13,717,540 thousand from $13,517,162 thousand . - **Total Deposits**: Increased to $15,712,508 thousand from $15,499,784 thousand . - **Accumulated other comprehensive income (loss)**: Showed a larger net loss of - $27,436 thousand compared to - $13,625 thousand . #### Cash Flow Highlights (Three Months Ended March 31) - **Net cash from operating activities**: Decreased to $27,102 thousand in 2026 from $82,418 thousand in 2025 . - **Net cash from investing activities**: Showed a larger outflow of - $208,368 thousand in 2026 compared to - $143,635 thousand in 2025 . - **Net cash from financing activities**: Decreased to $39,852 thousand in 2026 from $81,328 thousand in 2025 . - **Net change in cash and cash equivalents**: Was - $141,414 thousand in 2026, a shift from a positive change of $20,111 thousand in 2025 . #### Loan Portfolio Quality and Metrics (As of March 31, 2026 vs. December 31, 2025) - **Nonaccrual LHFI**: Total nonaccrual loans increased to $96,719 thousand from $84,391 thousand . - **Loans Past Due 90 Days or More Still Accruing**: Decreased to $3,745 thousand from $5,097 thousand . - **Total Past Due LHFI**: Decreased to $82,363 thousand from $89,474 thousand . - **Modified LHFI**: For the three months ended March 31, 2026, $4,802 thousand in loans were modified via term extension, compared to $15,404 thousand in 2025 . - **Gross Charge-offs (Three Months Ended March 31, 2026)**: - Commercial LHFI: - $926 thousand . - Consumer LHFI: - $2,760 thousand . - Total LHFI: - $3,686 thousand . #### Outlook/Guidance Trustmark Corporation’s forward-looking statements indicate that actual results may vary significantly from expectations due to various risks, including changes in market interest rates, economic conditions, credit and financial markets, nonperforming assets, and regulatory requirements . 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