Trustmark Corporation
investorrelations.trustmark.comWhat Do They Do?
Provides commercial and consumer banking and mortgage services to businesses and consumers.
10-K for FY2025, filed Feb 23, 2026Commercial Banking – TB provides a full range of commercial banking services to corporations and other business customers. Loans are…View ↗
Consumer Banking – TB provides banking services to consumers, including checking, savings, and money market accounts as well as…View ↗
Mortgage Banking – TB provides mortgage banking services, including construction financing, production of conventional and government…View ↗
How Do They Make Money?
Trustmark’s largest revenue source is interest on loans and securities, less interest paid on deposits and borrowings; it also collects monthly account and cash-management fees and charges for some transactions. Wealth-management customers are billed monthly, often based on account values.
10-K for FY2025, filed Feb 23, 2026Trustmark’s largest source of revenue (net interest income) is subject to interest rate risk.View ↗
Trustmark’s profitability depends to a large extent on net interest income, which is the difference between income on interest-earning…View ↗
Trustmark receives a fixed service charge amount as consideration monthly for services rendered. The service charge amount varies based on…View ↗
Trustmark receives a set service charge or maintenance fee amount as consideration monthly for services rendered. However, some of the fees…View ↗
There are four categories of revenue included in trust management: personal trust and investments, retirement plan services, institutional…View ↗
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10-K for FY2025, filed Feb 23, 2026
FY2025 revenue by reportable segment ↗
$948.6M
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10-K for FY2025, filed Feb 23, 2026
$948.6M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
General Banking
|
99%
FY2022: 99%
|
General Banking, FY2025
$936.3M Sources
|
|
|
Wealth Management
Recurring
|
1.3%
FY2022: 1.4%
|
Wealth Management, FY2025
$12.4M Sources
|
Recurring |
Who Are Their Customers?
Businesses and municipal customers use commercial banking and cash-management services, while individuals use consumer and mortgage banking. Individuals, companies and institutions—including employee benefit plans, foundations and government entities—use trust, investment, planning and custody services.
10-K for FY2025, filed Feb 23, 2026Commercial Banking – TB provides a full range of commercial banking services to corporations and other business customers. Loans are…View ↗
Consumer Banking – TB provides banking services to consumers, including checking, savings, and money market accounts as well as…View ↗
Mortgage Banking – TB provides mortgage banking services, including construction financing, production of conventional and government…View ↗
Wealth Management – TB offers specialized fiduciary services and expertise in the areas of wealth management, trust, investment, brokerage…View ↗
Trustmark provides cash management services through the delivery of various products and services offered to its business and municipal…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 24 cents of every revenue dollar as net income in FY2025 and turned 24 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 5, 2026
Open tableView ↗
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Mar 30, 2026
Trustmark Bank appointed Joseph Bond as CFO and Thomas Owens as COO
Bond also became Trustmark Corporation’s treasurer and principal financial officer.
Sources
8-K, filed Mar 30, 2026
The Board of Directors of Trustmark Bank (the Bank), a wholly owned subsidiary of Trustmark Corporation (Trustmark), appointed Thomas C.…View ↗
Growing. Revenue grew 2.1x in 4 years, from $442.5M in FY2021 to $948.6M in FY2025, about 21% a year.
Insurance business sold
The older report included business and individual insurance through Fisher Brown Bottrell Insurance; the latest describes banking and wealth services and reports that Trustmark sold FBBI.
10-K for FY2022, filed Feb 16, 2023 10-K for FY2025, filed Feb 23, 2026Insurance – TNB provides a competitive array of insurance solutions for business and individual risk management needs. Business insurance…View ↗
Commercial Banking – TB provides a full range of commercial banking services to corporations and other business customers. Loans are…View ↗
Wealth Management – TB offers specialized fiduciary services and expertise in the areas of wealth management, trust, investment, brokerage…View ↗
Trustmark completed the sale of FBBI during the second quarter of 2024. As such, financial results for the years ended December 31, 2024…View ↗
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