Trustmark Corporation (FRA:TT4)

Trustmark Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	837.89	844.74	775.31	473.63	400.5	417.45
Interest Income on Investments	121.75	115.59	103.52	68.2	42.01	50.89
Total Interest Income	959.64	960.33	878.83	541.83	442.51	468.34
Interest Paid on Deposits	313.38	329.38	245.95	29.07	16.95	37.49
Interest Paid on Borrowings	42.61	46.53	80	18.06	7.22	4.31
Total Interest Expense	355.99	375.91	325.95	47.13	24.16	41.8
Net Interest Income	603.65	584.42	552.88	494.71	418.35	426.54
Net Interest Income Growth (YoY)	10.13%	5.71%	11.76%	18.25%	-1.92%	-0.01%
Trust Income	37.84	37.25	35.09	35.01	35.19	31.63
Mortgage Banking Activities	26.48	26.63	26.22	28.31	63.75	125.82
Gain (Loss) on Sale of Investments	-190.71	-190.42	-7.95	-6.21	-8.01	-5.7
Other Non-Interest Income	62.14	58.74	51.66	52.16	97.74	90.56
Total Non-Interest Income	-20.19	-23.42	148.43	151.42	221.91	274.59
Non-Interest Income Growth (YoY)	-	-	-1.97%	-31.76%	-19.19%	46.81%
Revenues Before Loan Losses	583.46	561	701.31	646.13	640.26	701.13
Provision for Loan Losses	39.03	41.26	24.58	22.89	-24.45	45.05
Revenue	544.42	519.75	676.73	623.24	664.71	656.08
Revenue Growth (YoY)	-18.47%	-23.20%	8.58%	-6.24%	1.31%	8.84%
Salaries and Employee Benefits	261.8	259.02	262.12	249.36	272.95	262.76
Occupancy Expenses	28.96	29.13	28.51	27.99	27.04	26.49
Selling, General & Administrative	32.63	32.13	32	29.03	29.94	28.47
Other Non-Interest Expense	166.65	165.41	166.11	156.61	148.53	142.48
Total Non-Interest Expense	490.04	485.69	488.73	462.98	478.46	460.2
EBT Excluding Unusual Items	54.39	34.06	188	160.26	186.25	195.88
Asset Writedown	-	-	-0.47	-0.4	-0.14	-1.7
Legal Settlements	-	-	-6.5	-100.75	-	-
Other Unusual Items	-	-	-	-	-5	-
Pretax Income	54.39	34.06	181.03	59.11	175.41	189.78
Income Tax Expense	-6.28	-11.15	27.74	-1.81	28.05	29.76
Earnings From Continuing Operations	60.67	45.21	153.29	60.92	147.37	160.03
Earnings From Discontinued Operations	174.44	177.8	12.2	10.97	-	-
Net Income	235.11	223.01	165.49	71.89	147.37	160.03
Net Income to Common	235.11	223.01	165.49	71.89	147.37	160.03
Net Income Growth	50.01%	34.76%	130.21%	-51.22%	-7.91%	6.36%
Basic Shares Outstanding	61	61	61	61	63	64
Diluted Shares Outstanding	61	61	61	61	63	64
Shares Change (YoY)	0.06%	0.25%	-0.33%	-2.45%	-1.06%	-1.74%
EPS (Basic)	3.85	3.65	2.71	1.17	2.35	2.52
EPS (Diluted)	3.85	3.65	2.70	1.17	2.34	2.51
EPS Growth	50.91%	35.09%	130.99%	-50.06%	-6.77%	8.19%
Dividend Per Share	0.930	0.920	0.920	0.920	0.920	0.920
Effective Tax Rate	-	-	15.32%	-	15.99%	15.68%

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