Trustmark Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	837.36	844.74	775.31	473.63	400.5
Interest Income on Investments	122.32	115.59	103.52	68.2	42.01
Total Interest Income	959.68	960.33	878.83	541.83	442.51
Interest Paid on Deposits	274.66	329.38	245.95	29.07	16.95
Interest Paid on Borrowings	37.83	46.53	80	18.06	7.22
Total Interest Expense	312.48	375.91	325.95	47.13	24.16
Net Interest Income	647.19	584.42	552.88	494.71	418.35
Net Interest Income Growth (YoY)	10.74%	5.71%	11.76%	18.25%	-1.92%
Trust Income	40.11	37.25	35.09	35.01	35.19
Mortgage Banking Activities	33.08	26.63	26.22	28.31	63.75
Gain (Loss) on Sale of Investments	-9.03	-190.42	-7.95	-6.21	-8.01
Other Non-Interest Income	55.82	58.74	51.66	52.16	97.74
Total Non-Interest Income	163.64	-23.42	148.43	151.42	221.91
Non-Interest Income Growth (YoY)	-	-	-1.97%	-31.76%	-19.19%
Revenues Before Loan Losses	810.83	561	701.31	646.13	640.26
Provision for Loan Losses	12.87	41.26	24.58	22.89	-24.45
Revenue	797.96	519.75	676.73	623.24	664.71
Revenue Growth (YoY)	53.53%	-23.20%	8.58%	-6.24%	1.31%
Salaries and Employee Benefits	283.38	259.02	262.12	249.36	272.95
Occupancy Expenses	30.5	29.13	28.51	27.99	27.04
Selling, General & Administrative	25.8	32.13	32	29.03	29.94
Other Non-Interest Expense	172.55	165.41	166.11	156.61	148.53
Total Non-Interest Expense	512.23	485.69	488.73	462.98	478.46
EBT Excluding Unusual Items	285.73	34.06	188	160.26	186.25
Asset Writedown	-	-	-0.47	-0.4	-0.14
Legal Settlements	-	-	-6.5	-100.75	-
Other Unusual Items	-	-	-	-	-5
Pretax Income	285.73	34.06	181.03	59.11	175.41
Income Tax Expense	61.6	-11.15	27.74	-1.81	28.05
Earnings From Continuing Operations	224.14	45.21	153.29	60.92	147.37
Earnings From Discontinued Operations	-	177.8	12.2	10.97	-
Net Income	224.14	223.01	165.49	71.89	147.37
Net Income to Common	224.14	223.01	165.49	71.89	147.37
Net Income Growth	0.51%	34.76%	130.21%	-51.22%	-7.91%
Basic Shares Outstanding	60	61	61	61	63
Diluted Shares Outstanding	61	61	61	61	63
Shares Change (YoY)	-1.37%	0.25%	-0.33%	-2.45%	-1.06%
EPS (Basic)	3.72	3.65	2.71	1.17	2.35
EPS (Diluted)	3.70	3.65	2.70	1.17	2.34
EPS Growth	1.47%	35.09%	130.99%	-50.06%	-6.77%
Dividend Per Share	0.960	0.920	0.920	0.920	0.920
Dividend Growth	4.35%	-	-	-	-
Effective Tax Rate	21.56%	-	15.32%	-	15.99%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.