Trustmark (TRMK) financial statements
Trustmark reported revenue of $800M in fiscal 2025, up 4.0% a year over 9 years.
Net income was $224M.
Free cash flow was $224M, and the company returned $58M in dividends and $80M in net buybacks.
The diluted share count fell 11% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Trustmark's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $561M | $592M | $604M | $614M | $701M | $640M | $646M | $701M | $561M | $800M |
| Interest expense | $25M | $42M | $66M | $84M | $42M | $24M | $47M | $326M | — | — |
| Pre-tax income | $139M | $154M | $172M | $174M | $190M | $175M | $59M | $181M | $34M | $275M |
| Income tax | $31M | $49M | $22M | $23M | $30M | $28M | -$2M | $28M | -$11M | $51M |
| Net income | $108M | $106M | $150M | $150M | $160M | $147M | $72M | $165M | $223M | $224M |
| EPS (diluted) | $1.60 | $1.56 | $2.21 | $2.32 | $2.51 | $2.34 | $1.17 | $2.70 | $3.63 | $3.70 |
| Diluted shares | 68M | 68M | 68M | 65M | 64M | 63M | 61M | 61M | 61M | 61M |
| Net margin | 19.3% | 17.8% | 24.8% | 24.5% | 22.8% | 23.0% | 11.1% | 23.6% | 39.8% | 28.0% |
Balance sheet
Fiscal years, from Trustmark's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $328M | $336M | $350M | — | — | — | — | — | — | — |
| Property, plant and equipment | $185M | $179M | $179M | $190M | $194M | $206M | $212M | $232M | $235M | $226M |
| Goodwill | $366M | $380M | $380M | $380M | $385M | $384M | $384M | $335M | $335M | $335M |
| Total assets | $13.4B | $13.8B | $13.3B | $13.5B | $16.6B | $17.6B | $18.0B | $18.7B | $18.2B | $18.9B |
| Total liabilities | $11.8B | $12.2B | $11.7B | $11.8B | $14.8B | $15.9B | $16.5B | $17.1B | $16.2B | $16.8B |
| Shareholders' equity | $1.5B | $1.6B | $1.6B | $1.7B | $1.7B | $1.7B | $1.5B | $1.7B | $2.0B | $2.1B |
| Net debt | -$328M | -$336M | -$350M | — | — | — | — | — | — | — |
Cash flow
Fiscal years, from Trustmark's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $148M | $207M | $239M | $116M | $65M | $349M | $297M | $197M | $117M | $244M |
| Capital spending | $18M | $19M | $28M | $31M | $31M | $31M | $34M | $49M | $29M | $20M |
| Free cash flow | $130M | $188M | $211M | $86M | $35M | $318M | $263M | $148M | $88M | $224M |
| Stock-based compensation | $4M | — | $4M | $5M | $5M | $6M | $5M | $6M | $7M | $6M |
| Dividends paid | $63M | $63M | $62M | $60M | $59M | $58M | $57M | $57M | $57M | $58M |
| Share buybacks (net) | -$750,000 | $0 | -$62M | -$57M | -$28M | -$62M | -$25M | $0 | -$7M | -$80M |
| Net borrowing | -$151M | -$67M | -$905M | — | — | — | — | — | — | — |
| Free cash flow margin | 23.2% | 31.7% | 35.0% | 14.0% | 4.9% | 49.6% | 40.6% | 21.1% | 15.7% | 28.0% |
| Dividends per share | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 | $0.93 | $0.93 | $0.97 |
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What was Trustmark's revenue in 2025?
$800M in fiscal 2025, from its 10-K filing.
How much free cash flow does Trustmark generate?
$224M in fiscal 2025 (operating cash flow minus capital spending).
From Trustmark's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.