Trustmark Q1 revenue falls short of analyst estimates

Trustmark

28/04/2026 21:41

Overview

US regional bank's Q1 revenue declined sequentially and missed analyst expectations

Adjusted EPS for Q1 was $0.95

Company repurchased $19.8 mln in shares during the quarter

Outlook

Company did not provide specific guidance for the current quarter or full year

Result Drivers

LOAN AND DEPOSIT GROWTH - Co said linked-quarter loan growth was driven by commercial and industrial, construction, and other loans, while deposit growth was led by seasonal increases in public deposits

NONINTEREST INCOME - Noninterest income rose 2.7% from the prior quarter, helped by higher mortgage banking revenue and partnership investment income, partly offset by lower wealth management and seasonal declines in bank card and deposit fees

Company press release: ID:nBw107NdPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$202.90 mln
$205.24 mln (4 Analysts)
Q1 EPS
$0.95
Q1 Net Income
$56.10 mln
Q1 Net Interest Income
$163.50 mln
Q1 Dividend
$0.25


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Trustmark Corp is $44.50, about 1.3% below its April 27 closing price of $45.08

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)