Exhibit 99.1


	News Release

Trustmark Corporation Announces Third Quarter 2025 Financial Results

Performance Reflects Continued Loan and Deposit Growth, Stable Credit Quality,

Expanded Revenue and Strong Profitability Metrics

JACKSON, Miss. – October 28, 2025 – Trustmark Corporation (NASDAQGS:TRMK) reported net income of $56.8 million in the third quarter of 2025, representing diluted earnings per share of $0.94. Trustmark’s performance during the third quarter produced a return on average tangible equity of 12.84% and a return on average assets of 1.21%. The Board of Directors declared a quarterly cash dividend of $0.24 per share payable December 15, 2025, to shareholders of record on December 1, 2025.

Third Quarter Highlights

•

Loans held for investment (HFI) expanded to $13.5 billion, reflecting diversified growth of 0.6% linked-quarter and 3.4% year-over-year

•

Deposits expanded to $15.6 billion, up 3.4% linked-quarter and 2.6% year-over-year; noninterest-bearing deposits increased 5.9% linked-quarter and 5.7% year-over-year

•

Total revenue grew to $202.4 million, an increase of 1.9% linked-quarter and 5.3% year-over-year

•

Net interest income (FTE) expanded to $165.2 million, up 2.4% linked-quarter and 4.6% year-over-year; net interest margin rose to 3.83% in the third quarter

•

Noninterest expense totaled $130.9 million, an increase of 4.7% linked-quarter and 6.2% year-over-year

•

Provision for credit losses totaled $1.7 million, a decrease of $3.0 million linked-quarter

Duane A. Dewey, President and CEO, stated, “Our momentum continues to build as reflected in Trustmark’s solid financial performance in the third quarter. Diversified loan growth and stable credit quality continued along with cost-effective core deposit growth. Our wealth management business performed well while our mortgage business continued to execute well in a challenging operating environment. We continued to implement organic growth initiatives and make investments to capitalize on opportunities in our marketplace. During the quarter, we added established relationship managers and production talent to accelerate profitable growth in key markets across our franchise. We will continue to add seasoned professionals with proven performance records to supplement our teams and expand and deepen customer relationships. These investments are designed to further enhance our financial performance and create long-term value for our shareholders.”

Balance Sheet Management

•

Loans HFI increased $83.4 million, or 0.6%, during the quarter and $448.0 million, or 3.4%, year-over-year

•

Deposits increased $515.1 million, or 3.4%, during the quarter and $390.0 million, or 2.6%, year-over-year

•

Maintained strong capital position with CET1 ratio of 11.88% and total risk-based capital ratio of 14.33%

•

Repurchased $37.1 million, or approximately 1.0 million shares, of common stock during first nine months of 2025

Loans HFI totaled $13.5 billion at September 30, 2025, reflecting an increase of $83.4 million, or 0.6%, linked-quarter and $448.0 million, or 3.4%, year-over-year. The linked-quarter growth was driven by other real estate secured loans, other loans and leases, commercial and industrial loans, and state and other political subdivision loans, which were offset in part by declines in nonfarm, nonresidential loans and construction, land development and other land loans. Trustmark’s loan portfolio remains well-diversified by loan type and geography.

Deposits totaled $15.6 billion at September 30, 2025, up $515.1 million, or 3.4%, from the prior quarter and $390.0 million, or 2.6%, year-over-year. The linked-quarter increase reflected interest-bearing deposit growth of $329.4 million, or 2.7%, and noninterest-bearing deposit growth of $185.7 million, or 5.9%. Noninterest-bearing deposits represented 21.2% of total deposits at September 30, 2025. Trustmark continued to maintain a strong liquidity position as loans HFI represented 86.7% of total deposits at the end of the third quarter. Interest-bearing deposit costs totaled 2.32% for the third quarter, an increase of 4 basis points linked-quarter while the cost of total deposits was 1.84%, an increase of 4 basis points from the prior quarter.

During the third quarter, Trustmark repurchased $11.0 million, or approximately 280 thousand of its common shares. During the first nine months of 2025, Trustmark repurchased $37.1 million, or approximately 1.0 million common shares. As previously announced, Trustmark’s Board of Directors authorized a stock repurchase program effective January 1, 2025, under which $100.0 million of Trustmark’s outstanding shares may be acquired through December 31, 2025. The repurchase program, which is subject to market

conditions and management discretion, will continue to be implemented through open market repurchases or privately negotiated transactions. At September 30, 2025, Trustmark’s tangible equity to tangible assets ratio was 9.64%, while the total risk-based capital ratio was 14.33%. Tangible book value per share was $29.60 at September 30, 2025, an increase of 3.0% from the prior quarter and 10.1% from the prior year.

Credit Quality

•

Net charge-offs totaled $4.4 million in the third quarter, including one charge-off on an individually analyzed loan totaling $3.1 million that was reserved for in prior periods; NCOs represented 0.13% of average loans

•

Provision for credit losses was $1.7 million in the third quarter

•

Allowance for credit losses (ACL) represented 1.22% of loans HFI and 239.69% of nonaccrual loans, excluding individually analyzed loans, at September 30, 2025

Nonaccrual loans totaled $84.0 million at September 30, 2025, reflecting an increase of $3.0 million from the prior quarter. Other real estate totaled $8.3 million, reflecting a decrease of $647 thousand from the prior quarter. Collectively, nonperforming assets totaled $92.3 million at September 30, 2025, up $2.3 million from the prior quarter. Nonperforming assets represented 0.67% of loans HFI and loans held for sale (HFS) at September 30, 2025.

The provision for credit losses for loans HFI was $1.4 million in the third quarter and was primarily attributable to loan and lease growth and changes in the macroeconomic forecast partially offset by net changes in the qualitative factors. The provision for credit losses for off-balance sheet credit exposures was $295 thousand in the third quarter, primarily driven by changes in the macroeconomic forecast and an increase in unfunded commitments partially offset by net changes in the qualitative factors. Collectively, the provision for credit losses totaled $1.7 million in the third quarter compared to $4.7 million in the prior quarter and $6.5 million in the third quarter of 2024.

Allocation of Trustmark’s $165.2 million ACL on loans HFI represented 1.00% of commercial loans and 1.95% of consumer and home mortgage loans, resulting in an ACL to total loans HFI of 1.22% at September 30, 2025. Management believes the level of the ACL is commensurate with the credit losses currently expected in the loan portfolio.

Revenue Generation

•

Total revenue expanded to $202.4 million in the third quarter, an increase of 1.9% linked-quarter and 5.3% year-over-year

•

Net interest income (FTE) totaled $165.2 million in the third quarter, up 2.4% linked-quarter and 4.6% year-over-year

•

Noninterest income totaled $39.9 million in the third quarter, up 0.1% from the prior quarter and 6.3% year-over-year

Revenue in the third quarter totaled $202.4 million, an increase of 1.9% from the prior quarter and 5.3% year-over-year. The linked-quarter increase reflects growth in net interest income while noninterest income remained stable. The year-over-year increase reflects higher net interest income and noninterest income. Net interest income (FTE) in the third quarter totaled $165.2 million, resulting in a net interest margin of 3.83%, up 2 basis points from the prior quarter. The increase in the net interest margin was primarily due to increases in the yields for the loans HFI and HFS and the securities portfolios partially offset by the increase in the cost of interest-bearing deposits.

Noninterest income in the third quarter totaled $39.9 million, an increase of 0.1%, from the prior quarter and 6.3% year-over-year. Excluding a $272 thousand net loss on sale of bank facilities in the second quarter, noninterest income declined $231 thousand linked-quarter. Linked-quarter increases in service charges on deposit accounts and wealth management were offset in part by declines in bank card and other fees and mortgage banking, net. The year-over-year increase was principally attributable to growth in mortgage banking, wealth management and bank card revenue offset in part by lower other, net and service charges on deposit accounts revenue.

Mortgage loan production in the third quarter totaled $389.4 million, down 8.7% from the prior quarter and 0.7% year-over-year. Mortgage banking revenue totaled $8.2 million in the third quarter, a decrease of $420 thousand, or 4.9%, linked-quarter and an increase of $2.1 million, or 33.7%, year-over-year. The linked-quarter decrease was principally due to lower gain on sales of loans, net and increased net negative hedge ineffectiveness, which was offset in part by increased mortgage servicing income, net. The year-over-year increase was principally attributable to increased gain on sales of loans, net, mortgage servicing revenue and improved net hedge ineffectiveness.

Wealth management revenue in the third quarter totaled $9.8 million, an increase of $160 thousand, or 1.7%, from the prior quarter and $510 thousand, or 5.5%, year-over-year. The linked-quarter growth reflected increased investment services revenue offset in part by lower trust management revenue. The year-over-year growth reflected increased trust management and investment services revenue.

Service charges on deposit accounts totaled $11.3 million in the third quarter, a seasonal increase of $666 thousand, or 6.3%, from the prior quarter and relatively unchanged year-over-year. Bank card and other fees totaled $8.3 million in the third quarter, down $436 thousand, or 5.0%, from the prior quarter and up $387 thousand, or 4.9%, year-over-year. The linked-quarter change is principally due

to a seasonal reduction in miscellaneous other fees and along with a decline in customer derivative revenue while the year-over-year increase reflects increased customer derivative revenue.

Noninterest Expense

•

Total noninterest expense increased $5.8 million, or 4.7%, linked-quarter, including approximately $2.3 million in nonroutine items

•

Salaries and employee benefits expense increased $3.2 million, or 4.7%, linked-quarter principally due to annual merit increases and annual incentive accruals

•

Other real estate expense, net increased $1.8 million, which reflects the establishment of a $1.4 million reserve for a single property

Noninterest expense totaled $130.9 million in the third quarter, an increase of $5.8 million, or 4.7%, from the prior quarter and $7.7 million, or 6.2%, year-over-year. Salaries and employee benefits expense totaled $71.5 million in the third quarter, an increase of $3.2 million, or 4.7%, linked-quarter and $4.8 million, or 7.2%, year-over-year. The linked-quarter change is principally due to annual salary merit increases effective as of July 1, increased annual incentive accruals, and the cost of additional customer relationship managers and production talent in key markets associated with corporate strategic initiatives.

Services and fees totaled $28.8 million in the third quarter, an increase of $1.8 million, or 6.6%, linked-quarter and $3.1 million, or 11.9%, year-over-year. Services and fees in the third quarter include approximately $900 thousand in nonroutine items including professional fees related to the conversion to a state banking charter and other corporate strategic initiatives. Net occupancy expense totaled $7.8 million, up $267 thousand, or 3.6%, linked-quarter and $376 thousand, or 5.1%, year-over-year. Total other expense in the third quarter was $16.5 million, an increase of $359 thousand, or 2.2%, linked-quarter and a decrease of $852 thousand, or 4.9%, year-over-year. The linked-quarter change is attributable to increased other real estate expense, net offset in part by lower other miscellaneous expense, FDIC assessment expense and loan expense. The year-over-year decline is attributable to lower FDIC assessment expense and other real estate expense, net offset in part by higher loan expense and other miscellaneous expense.

Additional Information

As previously announced, Trustmark will conduct a conference call with analysts on Wednesday, October 29, 2025, at 8:30 a.m. Central Time to discuss the Corporation’s financial results. Interested parties may listen to the conference call by dialing (877) 317-3051 or by clicking on the link provided under the Investor Relations section of our website at www.trustmark.com. A replay of the conference call will also be available through Wednesday, November 12, 2025, in archived format at the same web address or by calling (877) 344-7529, passcode 5434793.

Trustmark is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas.

Forward-Looking Statements

Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “seek,” “continue,” “could,” “would,” “future” or the negative of those terms or other words of similar meaning. You should read statements that contain these words carefully because they discuss our future expectations or state other “forward-looking” information. These forward-looking statements include, but are not limited to, statements relating to anticipated future operating and financial performance measures, including net interest margin, credit quality, business initiatives, growth opportunities and growth rates, among other things, and encompass any estimate, prediction, expectation, projection, opinion, anticipation, outlook or statement of belief included therein as well as the management assumptions underlying these forward-looking statements. You should be aware that the occurrence of the events described under the caption “Risk Factors” in Trustmark’s filings with the Securities and Exchange Commission (SEC) could have an adverse effect on our business, results of operations or financial condition. Should one or more of these risks materialize, or should any such underlying assumptions prove to be significantly different, actual results may vary significantly from those anticipated, estimated, projected or expected.

Risks that could cause actual results to differ materially from current expectations of Management include, but are not limited to, actions by the Board of Governors of the Federal Reserve System (FRB) that impact the level of market interest rates, local, state, national and international economic and market conditions, conditions in the housing and real estate markets in the regions in which Trustmark operates and the extent and duration of the current volatility in the credit and financial markets, changes in the level of nonperforming assets and charge-offs, an increase in unemployment levels, a slowdown in economic growth, changes in our ability to measure the fair value of assets in our portfolio, changes in the level and/or volatility of market interest rates, the impacts related to or resulting from bank failures and other economic and industry volatility, including potential increased regulatory requirements, the demand for the products and services we offer, potential unexpected adverse outcomes in pending litigation matters, our ability to attract and retain noninterest-bearing deposits and other low-cost funds, competition in loan and deposit pricing, as well as the entry of new competitors

into our markets through de novo expansion and acquisitions, economic conditions, changes in accounting standards and practices, including changes in the interpretation of existing standards, that affect our consolidated financial statements, changes in consumer spending, borrowings and savings habits, technological changes, changes in the financial performance or condition of our borrowers, greater than expected costs or difficulties related to the integration of acquisitions or new products and lines of business, cyber-attacks and other breaches which could affect our information system security, natural disasters, environmental disasters, pandemics or other health crises, acts of war or terrorism, potential market or regulatory effects of the current United States presidential administration’s policies, changes to the credit rating of U.S. Government securities and other risks described in our filings with the SEC.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Except as required by law, we undertake no obligation to update or revise any of this information, whether as the result of new information, future events or developments or otherwise.


Trustmark Investor Contacts:	Trustmark Media Contact:
Thomas C. Owens	Melanie A. Morgan
Treasurer and	Executive Vice President
Principal Financial Officer	601-208-2979
601-208-7853

F. Joseph Rein, Jr.

Executive Vice President

601-208-6898


		TRUSTMARK CORPORATION AND SUBSIDIARIES
		CONSOLIDATED FINANCIAL INFORMATION
		September 30, 2025
		($ in thousands)
		(unaudited)


										Linked Quarter						Year over Year
QUARTERLY AVERAGE BALANCES	9/30/2025			6/30/2025			9/30/2024			$ Change			% Change			$ Change			% Change
Securities AFS-taxable	$	1,740,647		$	1,745,924		$	1,658,999		$	(5,277	)		-0.3	%	$	81,648			4.9	%
Securities HTM-taxable		1,279,020			1,303,195			1,368,943			(24,175	)		-1.9	%		(89,923	)		-6.6	%
Securities HTM-nontaxable		—			—			—			—		n/m				—		n/m
Total securities		3,019,667			3,049,119			3,027,942			(29,452	)		-1.0	%		(8,275	)		-0.3	%
Loans (includes loans held for sale)		13,702,038			13,543,505			13,379,658			158,533			1.2	%		322,380			2.4	%
Other earning assets		389,021			414,733			607,928			(25,712	)		-6.2	%		(218,907	)		-36.0	%
Total earning assets		17,110,726			17,007,357			17,015,528			103,369			0.6	%		95,198			0.6	%
Allowance for credit losses (ACL), loans held for investment (LHFI)		(167,775	)		(166,430	)		(154,476	)		(1,345	)		-0.8	%		(13,299	)		-8.6	%
Other assets		1,627,362			1,605,786			1,646,241			21,576			1.3	%		(18,879	)		-1.1	%
Total assets	$	18,570,313		$	18,446,713		$	18,507,293		$	123,600			0.7	%	$	63,020			0.3	%

Interest-bearing demand deposits (1)	$	7,747,480		$	7,682,684		$	7,787,639		$	64,796			0.8	%	$	(40,159	)		-0.5	%
Savings deposits (1)		976,664			989,689			1,006,668			(13,025	)		-1.3	%		(30,004	)		-3.0	%
Time deposits		3,439,180			3,313,420			3,393,216			125,760			3.8	%		45,964			1.4	%
Total interest-bearing deposits		12,163,324			11,985,793			12,187,523			177,531			1.5	%		(24,199	)		-0.2	%
Fed funds purchased and repurchases		419,802			416,104			375,559			3,698			0.9	%		44,243			11.8	%
Other borrowings		283,629			431,861			339,417			(148,232	)		-34.3	%		(55,788	)		-16.4	%
Subordinated notes		123,831			123,779			123,611			52			0.0	%		220			0.2	%
Junior subordinated debt securities		61,856			61,856			61,856			—			0.0	%		—			0.0	%
Total interest-bearing liabilities		13,052,442			13,019,393			13,087,966			33,049			0.3	%		(35,524	)		-0.3	%
Noninterest-bearing deposits		3,194,587			3,171,796			3,221,516			22,791			0.7	%		(26,929	)		-0.8	%
Other liabilities		232,911			214,315			274,563			18,596			8.7	%		(41,652	)		-15.2	%
Total liabilities		16,479,940			16,405,504			16,584,045			74,436			0.5	%		(104,105	)		-0.6	%
Shareholders' equity		2,090,373			2,041,209			1,923,248			49,164			2.4	%		167,125			8.7	%
Total liabilities and equity	$	18,570,313		$	18,446,713		$	18,507,293		$	123,600			0.7	%	$	63,020			0.3	%

(1) During the first quarter of 2025, Trustmark ceased the daily sweep from low transaction interest-bearing demand deposits to savings deposits. Prior periods have been reclassified accordingly.


n/m - percentage changes greater than +/- 100% are considered not meaningful

See Notes to Consolidated Financials


		TRUSTMARK CORPORATION AND SUBSIDIARIES
		CONSOLIDATED FINANCIAL INFORMATION
		September 30, 2025
		($ in thousands)
		(unaudited)


										Linked Quarter						Year over Year
PERIOD END BALANCES	9/30/2025			6/30/2025			9/30/2024			$ Change			% Change			$ Change			% Change
Cash and due from banks	$	732,826		$	634,402		$	805,436		$	98,424			15.5	%	$	(72,610	)		-9.0	%
Fed funds sold and reverse repurchases		—			—			10,000			—		n/m				(10,000	)	n/m
Securities available for sale		1,814,245			1,782,092			1,725,795			32,153			1.8	%		88,450			5.1	%
Securities held to maturity		1,268,459			1,290,572			1,358,358			(22,113	)		-1.7	%		(89,899	)		-6.6	%
Loans held for sale (LHFS)		228,141			219,649			216,454			8,492			3.9	%		11,687			5.4	%
Loans held for investment (LHFI)		13,548,156			13,464,780			13,100,111			83,376			0.6	%		448,045			3.4	%
ACL LHFI		(165,242	)		(168,237	)		(157,929	)		2,995			1.8	%		(7,313	)		-4.6	%
Net LHFI		13,382,914			13,296,543			12,942,182			86,371			0.6	%		440,732			3.4	%
Premises and equipment, net		227,805			228,964			236,151			(1,159	)		-0.5	%		(8,346	)		-3.5	%
Mortgage servicing rights		131,676			132,702			125,853			(1,026	)		-0.8	%		5,823			4.6	%
Goodwill		334,605			334,605			334,605			—			0.0	%		—			0.0	%
Other real estate		8,325			8,972			3,920			(647	)		-7.2	%		4,405		n/m
Operating lease right-of-use assets		33,012			34,016			36,034			(1,004	)		-3.0	%		(3,022	)		-8.4	%
Other assets (1)		639,502			653,142			685,584			(13,640	)		-2.1	%		(46,082	)		-6.7	%
Total assets	$	18,801,510		$	18,615,659		$	18,480,372		$	185,851			1.0	%	$	321,138			1.7	%

Deposits:
Noninterest-bearing	$	3,321,132		$	3,135,435		$	3,142,792		$	185,697			5.9	%	$	178,340			5.7	%
Interest-bearing		12,309,842			11,980,426			12,098,143			329,416			2.7	%		211,699			1.7	%
Total deposits		15,630,974			15,115,861			15,240,935			515,113			3.4	%		390,039			2.6	%
Fed funds purchased and repurchases		420,000			456,326			365,643			(36,326	)		-8.0	%		54,357			14.9	%
Other borrowings		208,366			558,654			443,458			(350,288	)		-62.7	%		(235,092	)		-53.0	%
Subordinated notes		123,867			123,812			123,647			55			0.0	%		220			0.2	%
Junior subordinated debt securities		61,856			61,856			61,856			—			0.0	%		—			0.0	%
ACL on off-balance sheet credit exposures		26,186			25,891			28,890			295			1.1	%		(2,704	)		-9.4	%
Operating lease liabilities		37,100			38,091			39,689			(991	)		-2.6	%		(2,589	)		-6.5	%
Other liabilities		178,893			164,379			196,158			14,514			8.8	%		(17,265	)		-8.8	%
Total liabilities		16,687,242			16,544,870			16,500,276			142,372			0.9	%		186,966			1.1	%
Common stock		12,528			12,585			12,753			(57	)		-0.5	%		(225	)		-1.8	%
Capital surplus		123,435			133,195			163,156			(9,760	)		-7.3	%		(39,721	)		-24.3	%
Retained earnings		1,997,685			1,955,498			1,833,232			42,187			2.2	%		164,453			9.0	%
Accumulated other comprehensive income (loss), net of tax		(19,380	)		(30,489	)		(29,045	)		11,109			36.4	%		9,665			33.3	%
Total shareholders' equity		2,114,268			2,070,789			1,980,096			43,479			2.1	%		134,172			6.8	%
Total liabilities and equity	$	18,801,510		$	18,615,659		$	18,480,372		$	185,851			1.0	%	$	321,138			1.7	%

(1) Trustmark reclassified its identifiable intangible assets, net to other assets. The prior periods has been reclassified accordingly.

n/m - percentage changes greater than +/- 100% are considered not meaningful

See Notes to Consolidated Financials


		TRUSTMARK CORPORATION AND SUBSIDIARIES
		CONSOLIDATED FINANCIAL INFORMATION
		September 30, 2025
		($ in thousands except per share data)
		(unaudited)


	Quarter Ended								Linked Quarter						Year over Year
INCOME STATEMENTS	9/30/2025		6/30/2025			9/30/2024			$ Change			% Change			$ Change			% Change
Interest and fees on LHFS & LHFI-FTE	$	214,636	$	209,077		$	220,433		$	5,559			2.7	%	$	(5,797	)		-2.6	%
Interest on securities-taxable		26,625		26,269			26,162			356			1.4	%		463			1.8	%
Interest on securities-tax exempt-FTE		—		—			—			—		n/m				—		n/m
Other interest income		4,233		4,734			8,302			(501	)		-10.6	%		(4,069	)		-49.0	%
Total interest income-FTE		245,494		240,080			254,897			5,414			2.3	%		(9,403	)		-3.7	%
Interest on deposits		71,065		68,177			86,043			2,888			4.2	%		(14,978	)		-17.4	%
Interest on fed funds purchased and repurchases		4,626		4,513			4,864			113			2.5	%		(238	)		-4.9	%
Other interest expense		4,585		5,982			5,971			(1,397	)		-23.4	%		(1,386	)		-23.2	%
Total interest expense		80,276		78,672			96,878			1,604			2.0	%		(16,602	)		-17.1	%
Net interest income-FTE		165,218		161,408			158,019			3,810			2.4	%		7,199			4.6	%
Provision for credit losses (PCL), LHFI		1,390		5,346			7,923			(3,956	)		-74.0	%		(6,533	)		-82.5	%
PCL, off-balance sheet credit exposures		295		(670	)		(1,375	)		965		n/m				1,670		n/m
PCL, LHFI sale of 1-4 family mortgage loans		—		—			—			—		n/m				—		n/m
Net interest income after provision-FTE		163,533		156,732			151,471			6,801			4.3	%		12,062			8.0	%
Service charges on deposit accounts		11,251		10,585			11,272			666			6.3	%		(21	)		-0.2	%
Bank card and other fees		8,318		8,754			7,931			(436	)		-5.0	%		387			4.9	%
Mortgage banking, net		8,182		8,602			6,119			(420	)		-4.9	%		2,063			33.7	%
Wealth management		9,798		9,638			9,288			160			1.7	%		510			5.5	%
Other, net		2,382		2,311			2,952			71			3.1	%		(570	)		-19.3	%
Securities gains (losses), net		—		—			—			—		n/m				—		n/m
Total noninterest income (loss)		39,931		39,890			37,562			41			0.1	%		2,369			6.3	%
Salaries and employee benefits		71,508		68,298			66,691			3,210			4.7	%		4,817			7.2	%
Services and fees		28,777		26,998			25,724			1,779			6.6	%		3,053			11.9	%
Net occupancy-premises		7,774		7,507			7,398			267			3.6	%		376			5.1	%
Equipment expense		6,410		6,206			6,141			204			3.3	%		269			4.4	%
Other expense		16,464		16,105			17,316			359			2.2	%		(852	)		-4.9	%
Total noninterest expense		130,933		125,114			123,270			5,819			4.7	%		7,663			6.2	%
Income (loss) from continuing operations (cont. ops) before income taxes and tax eq adj		72,531		71,508			65,763			1,023			1.4	%		6,768			10.3	%
Tax equivalent adjustment		2,777		2,652			3,305			125			4.7	%		(528	)		-16.0	%
Income (loss) from cont. ops before income taxes		69,754		68,856			62,458			898			1.3	%		7,296			11.7	%
Income taxes from cont. ops		12,967		13,015			11,128			(48	)		-0.4	%		1,839			16.5	%
Income (loss) from cont. ops		56,787		55,841			51,330			946			1.7	%		5,457			10.6	%
Income from discontinued operations (discont. ops) before income taxes		—		—			—			—		n/m				—		n/m
Income taxes from discont. ops		—		—			—			—		n/m				—		n/m
Income from discont. ops		—		—			—			—		n/m				—		n/m
Net income	$	56,787	$	55,841		$	51,330		$	946			1.7	%	$	5,457			10.6	%

Per share data (1)
Basic earnings (loss) per share from cont. ops	$	0.94	$	0.92		$	0.84		$	0.02			2.2	%	$	0.10			11.9	%
Basic earnings per share from discont. ops	$	—	$	—		$	—		$	—		n/m			$	—		n/m
Basic earnings per share - total	$	0.94	$	0.92		$	0.84		$	0.02			2.2	%	$	0.10			11.9	%

Diluted earnings (loss) per share from cont. ops	$	0.94	$	0.92		$	0.84		$	0.02			2.2	%	$	0.10			11.9	%
Diluted earnings per share from discont. ops	$	—	$	—		$	—		$	—		n/m			$	—		n/m
Diluted earnings per share - total	$	0.94	$	0.92		$	0.84		$	0.02			2.2	%	$	0.10			11.9	%

Dividends per share	$	0.24	$	0.24		$	0.23		$	—			0.0	%	$	0.01			4.3	%

Weighted average shares outstanding
Basic		60,299,193		60,462,578			61,206,599
Diluted		60,540,158		60,693,515			61,448,410
Period end shares outstanding		60,126,376		60,401,684			61,206,606

(1) Due to rounding, earnings (loss) per share from continuing operations and discontinued operations may not sum to earnings per share from net income.

n/m - percentage changes greater than +/- 100% are considered not meaningful

See Notes to Consolidated Financials


		TRUSTMARK CORPORATION AND SUBSIDIARIES
		CONSOLIDATED FINANCIAL INFORMATION
		September 30, 2025
		($ in thousands)
		(unaudited)


	Quarter Ended									Linked Quarter						Year over Year
NONPERFORMING ASSETS	9/30/2025			6/30/2025			9/30/2024			$ Change			% Change			$ Change			% Change
Nonaccrual LHFI
Alabama	$	3,475		$	8,422		$	25,835		$	(4,947	)		-58.7	%	$	(22,360	)		-86.5	%
Florida		460			437			111			23			5.3	%		349		n/m
Mississippi (1)		62,502			54,015			31,536			8,487			15.7	%		30,966			98.2	%
Tennessee (2)		2,293			2,232			3,180			61			2.7	%		(887	)		-27.9	%
Texas		15,225			15,894			13,163			(669	)		-4.2	%		2,062			15.7	%
Total nonaccrual LHFI		83,955			81,000			73,825			2,955			3.6	%		10,130			13.7	%
Other real estate
Alabama		656			772			170			(116	)		-15.0	%		486		n/m
Mississippi (1)		5,843			4,860			1,772			983			20.2	%		4,071		n/m
Tennessee (2)		927			1,079			—			(152	)		-14.1	%		927		n/m
Texas		899			2,261			1,978			(1,362	)		-60.2	%		(1,079	)		-54.6	%
Total other real estate		8,325			8,972			3,920			(647	)		-7.2	%		4,405		n/m
Total nonperforming assets	$	92,280		$	89,972		$	77,745		$	2,308			2.6	%	$	14,535			18.7	%

LOANS PAST DUE OVER 90 DAYS
LHFI	$	4,853		$	3,854		$	5,352		$	999			25.9	%	$	(499	)		-9.3	%

LHFS-Guaranteed GNMA serviced loans
(no obligation to repurchase)	$	77,859		$	75,564		$	63,703		$	2,295			3.0	%	$	14,156			22.2	%

	Quarter Ended									Linked Quarter						Year over Year
ACL LHFI	9/30/2025			6/30/2025			9/30/2024			$ Change			% Change			$ Change			% Change
Beginning Balance	$	168,237		$	167,010		$	154,685		$	1,227			0.7	%	$	13,552			8.8	%
PCL, LHFI		1,390			5,346			7,923			(3,956	)		-74.0	%		(6,533	)		-82.5	%
PCL, LHFI sale of 1-4 family mortgage loans		—			—			—			—		n/m				—		n/m
Charge-offs, sale of 1-4 family mortgage loans		—			—			—			—		n/m				—		n/m
Charge-offs		(6,775	)		(6,380	)		(7,142	)		(395	)		-6.2	%		367			5.1	%
Recoveries		2,390			2,261			2,463			129			5.7	%		(73	)		-3.0	%
Net (charge-offs) recoveries		(4,385	)		(4,119	)		(4,679	)		(266	)		-6.5	%		294			6.3	%
Ending Balance	$	165,242		$	168,237		$	157,929		$	(2,995	)		-1.8	%	$	7,313			4.6	%

NET (CHARGE-OFFS) RECOVERIES
Alabama	$	(3,069	)	$	(2,331	)	$	(3,098	)	$	(738	)		-31.7	%	$	29			0.9	%
Florida		2			151			595			(149	)		-98.7	%		(593	)		-99.7	%
Mississippi (1)		(1,520	)		(1,647	)		(1,881	)		127			7.7	%		361			19.2	%
Tennessee (2)		(182	)		(258	)		(296	)		76			29.5	%		114			38.5	%
Texas		384			(34	)		1			418		n/m				383		n/m
Total net (charge-offs) recoveries	$	(4,385	)	$	(4,119	)	$	(4,679	)	$	(266	)		-6.5	%	$	294			6.3	%

(1) Mississippi includes Central and Southern Mississippi Regions.
(2) Tennessee includes Memphis, Tennessee and Northern Mississippi Regions.

n/m - percentage changes greater than +/- 100% are considered not meaningful

See Notes to Consolidated Financials


		TRUSTMARK CORPORATION AND SUBSIDIARIES

TRUSTMARK CORP 8-K