The bank maintains a conservative capital structure with an equity-to-assets ratio of 0.11, though the $17.1 billion securities portfolio represents a substantial concentration of total assets.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 6.04B | 2.54B | 2.26B | 2.74B | 2.76B | 5.51B | 3.94B | 1.96B | 2.16B | 2.57B | 2.68B | 2.62B | 2.69B | 2.54B | 2.89B | 2.68B | 161.54M | 213.52M | 257.93M | 292.98M | 392.08M | 387.93M | 343.13M | 333.1M | 357.43M | 328.78M | 298.65M | 280M | 312.5M | 292.6M | 337.1M |
| Cash & Due from Banks | 526.59M | 668.01M | 567.25M | 975.34M | 734.79M | 2.27B | 1.95B | 358.92M | 349.56M | 335.77M | 327.71M | 277.75M | 315.97M | 345.76M | 231.49M | 202.63M | 161.54M | 213.52M | 257.93M | 292.98M | 392.08M | 387.93M | 343.13M | 333.1M | 357.43M | 328.78M | 298.65M | 280M | 312.5M | 292.6M | 337.1M |
| Short Term Investments | 0 | 1.88B | 1.69B | 1.76B | 2.02B | 3.24B | 1.99B | 1.6B | 1.81B | 2.24B | 2.36B | 2.35B | 2.38B | 2.2B | 2.66B | 2.48B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 17.09B | 1.88B | 16.16B | 16.25B | 15.74B | 14.04B | 13.29B | 11.89B | 11.74B | 12.23B | 11.74B | 11.1B | 10.59B | 10.04B | 8.6B | 8.59B | 8.44B | 8.36B | 8.67B | 7.83B | 7.54B | 7.3B | 7.08B | 7.07B | 6.35B | 6.3B | 6.2B | 6.12B | 5.58B | 4.93B | 4.52B |
| Investments Growth % | -78.39% | -88.39% | -0.58% | 3.28% | 12.07% | 5.63% | 11.81% | 1.29% | -4% | 4.17% | 5.79% | 4.73% | 5.53% | 16.74% | 0.14% | 1.77% | 0.93% | -3.56% | 10.76% | 3.77% | 3.3% | 3.06% | 0.18% | 11.27% | 0.82% | 1.6% | 1.3% | 9.68% | 13.31% | 8.89% | 3.96% |
| Long-Term Investments | 48.77B | 0 | 14.47B | 14.49B | 13.71B | 10.8B | 11.3B | 10.29B | 9.93B | 9.99B | 9.38B | 8.75B | 8.22B | 7.84B | 5.94B | 6.12B | 8.44B | 8.36B | 8.67B | 7.83B | 7.54B | 7.3B | 7.15B | 7.07B | 6.35B | 6.3B | 6.2B | 6.12B | 5.58B | 4.93B | 4.52B |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 334.61M | 334.61M | 474.05M | 466.71M | 517.55M | 477M | 459.12M | 466.36M | 486.33M | 480.26M | 467.07M | 467.71M | 463.09M | 482.68M | 355.75M | 348.45M | 713.72M | 708.8M | 357.81M | 386.47M | 392.6M | 0 | 221.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 334.61M | 334.61M | 334.61M | 334.61M | 384.24M | 384.24M | 385.27M | 379.63M | 379.63M | 379.63M | 366.16M | 366.16M | 365.5M | 372.85M | 291.1M | 291.1M | 291.1M | 291.1M | 291.1M | 291.18M | 290.36M | 0 | 137.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 139.44M | 132.1M | 133.32M | 92.76M | 73.85M | 86.74M | 106.71M | 100.63M | 100.92M | 101.55M | 97.59M | 109.82M | 64.65M | 57.35M | 422.62M | 417.7M | 66.7M | 95.29M | 102.23M | 0 | 84.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 259.84M | 257.81M | 270.08M | 266.74M | 248.67M | 236.52M | 225.04M | 220.97M | 178.18M | 178.35M | 179.24M | 195.66M | 200.78M | 207.28M | 154.84M | 142.58M | 142.29M | 147.49M | 156.81M | 151.68M | 134.37M | 115.11M | 115.34M | 108.37M | 104.11M | 97.16M | 80.69M | 80.6M | 70.8M | 68M | 61.5M |
| Other Assets | 776.8M | 36.25M | 682.18M | 759.44M | 776.82M | 472.91M | 620.84M | 561.64M | 534.36M | 576.28M | 640.51M | 642.17M | 676.14M | 715.61M | 487.16M | 445.83M | 98.48M | 96.47M | 350.14M | 309.78M | 380.35M | 361.87M | 289.22M | 0 | 0 | 335.33M | 238.08M | 194.4M | 338.9M | 217.5M | 231.7M |
| Total Current Assets | 526.59M | 2.54B | 2.26B | 2.74B | 2.76B | 5.51B | 3.94B | 1.96B | 2.16B | 2.58B | 2.68B | 2.62B | 2.69B | 2.55B | 2.9B | 2.68B | 161.54M | 213.52M | 257.93M | 292.98M | 392.08M | 387.93M | 343.13M | 333.1M | 357.43M | 328.78M | 298.65M | 280M | 312.5M | 292.6M | 337.1M |
| Total Non-Current Assets | 18.46B | 628.66M | 15.89B | 15.98B | 15.26B | 12.09B | 12.61B | 11.54B | 11.12B | 11.22B | 10.67B | 10.06B | 9.56B | 9.25B | 6.93B | 7.05B | 9.39B | 9.31B | 9.51B | 8.67B | 8.45B | 8B | 7.71B | 7.54B | 6.76B | 6.85B | 6.54B | 6.43B | 6.04B | 5.25B | 4.86B |
| Total Assets | 18.99B | 18.93B | 18.15B | 18.72B | 18.02B | 17.6B | 16.55B | 13.5B | 13.29B | 13.8B | 13.35B | 12.68B | 12.25B | 11.79B | 9.83B | 9.73B | 9.55B | 9.53B | 9.79B | 8.97B | 8.84B | 8.37B | 8.05B | 7.91B | 7.14B | 7.18B | 6.89B | 6.74B | 6.36B | 5.55B | 5.19B |
| Asset Growth % | 10.66% | 4.26% | -3.04% | 3.92% | 2.39% | 6.31% | 22.63% | 1.59% | -3.71% | 3.34% | 5.31% | 3.5% | 3.9% | 19.96% | 1.05% | 1.81% | 0.29% | -2.71% | 9.19% | 1.42% | 5.68% | 3.89% | 1.75% | 10.86% | -0.58% | 4.26% | 2.13% | 6.11% | 14.61% | 6.77% | 4.03% |
| Return on Assets (ROA) | 1.2% | 1.21% | 1.21% | 0.9% | 0.4% | 0.86% | 1.07% | 1.12% | 1.1% | 0.78% | 0.83% | 0.93% | 1.03% | 1.08% | 1.2% | 1.11% | 1.05% | 0.96% | 0.99% | 1.22% | 1.39% | 1.25% | 1.46% | 1.57% | 1.69% | 1.58% | 1.49% | 1.5% | 1.4% | 1.32% | 1.28% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 948.25M | 1.12B | 849.8M | 1.11B | 1.72B | 550.97M | 549.84M | 435.63M | 271.22M | 1.5B | 1.62B | 1.47B | 981.66M | 438.19M | 487.48M | 803.82M | 1.24B | 1.1B | 1.66B | 1.05B | 1.33B | 1.27B | 1.78B | 2.08B | 1.71B | 1.82B | 2.14B | 2.11B | 1.71B | 1.09B | 1.03B |
| Net Debt | 421.66M | 448.08M | 282.55M | 138.07M | 989.53M | -1.72B | -1.4B | 76.71M | -78.34M | 1.17B | 1.29B | 1.19B | 665.69M | 92.43M | 255.99M | 601.2M | 1.08B | 888.35M | 1.4B | 761.95M | 939.63M | 886.05M | 1.44B | 1.75B | 1.35B | 1.49B | 1.84B | 1.83B | 1.4B | 796.2M | 696.5M |
| Long-Term Debt | 526.43M | 634.83M | 385.56M | 585.4M | 1.16B | 185M | 204.06M | 80.67M | 80.18M | 62.8M | 312.9M | 612.98M | 113.05M | 120.22M | 111.73M | 111.69M | 111.66M | 194.88M | 119.84M | 119.81M | 119.78M | 5.73M | 180.89M | 531.03M | 475M | 225M | 250M | 0 | 0 | 0 | 0 |
| Short-Term Debt | 385M | 445M | 421.64M | 484.58M | 520.14M | 323.04M | 305.68M | 313.08M | 191.04M | 1.44B | 1.31B | 853.66M | 868.62M | 317.97M | 375.75M | 692.13M | 1.13B | 906.99M | 1.54B | 935.12M | 1.21B | 1.27B | 1.6B | 1.55B | 1.23B | 1.6B | 1.89B | 2.11B | 1.71B | 1.09B | 1.03B |
| Other Liabilities | 15.91B | 12.65B | 232.12M | 377.17M | 361.24M | 216.2M | 212.12M | 155.99M | 59.38M | 145.06M | 153.61M | 150.97M | 150.67M | 137.34M | 157.31M | 141.78M | 122.71M | 125.63M | 126.64M | 122.96M | -358.25M | 91.49M | 73.71M | 54.59M | 66.94M | 60.34M | 60.95M | 52.4M | 48.9M | 43.8M | 38.5M |
| Total Current Liabilities | 385M | 3.48B | 15.53B | 16.05B | 14.96B | 15.41B | 14.35B | 11.56B | 11.56B | 12.02B | 11.37B | 10.44B | 10.57B | 10.18B | 8.27B | 8.26B | 8.17B | 8.1B | 8.37B | 7.8B | 8.19B | 7.55B | 7.05B | 6.64B | 5.92B | 6.21B | 5.95B | 6.04B | 5.65B | 4.91B | 4.63B |
| Total Non-Current Liabilities | 16.47B | 13.32B | 660.28M | 1.01B | 1.57B | 444.12M | 456.28M | 278.54M | 139.56M | 207.86M | 466.52M | 763.95M | 263.71M | 257.56M | 269.03M | 253.48M | 234.37M | 320.5M | 246.49M | 242.78M | -238.46M | 97.22M | 254.6M | 585.62M | 541.94M | 285.34M | 310.95M | 52.4M | 48.9M | 43.8M | 38.5M |
| Total Liabilities | 16.86B | 16.8B | 16.19B | 17.06B | 16.52B | 15.85B | 14.81B | 11.84B | 11.7B | 12.23B | 11.83B | 11.21B | 10.83B | 10.44B | 8.54B | 8.51B | 8.4B | 8.42B | 8.61B | 8.05B | 7.95B | 7.62B | 7.3B | 7.22B | 6.46B | 6.49B | 6.26B | 6.09B | 5.7B | 4.95B | 4.67B |
| Total Equity | 2.13B | 2.12B | 1.96B | 1.66B | 1.49B | 1.74B | 1.74B | 1.66B | 1.59B | 1.57B | 1.52B | 1.47B | 1.42B | 1.35B | 1.29B | 1.22B | 1.15B | 1.11B | 1.18B | 919.64M | 891.34M | 741.46M | 750.4M | 689.57M | 679.53M | 685.44M | 629.64M | 655.8M | 651.9M | 593.6M | 524.2M |
| Equity Growth % | 30.43% | 8.12% | 18.08% | 11.36% | -14.3% | 0.01% | 4.84% | 4.35% | 1.26% | 3.39% | 3.2% | 3.74% | 4.8% | 5.25% | 5.95% | 5.7% | 3.55% | -5.8% | 28.14% | 3.18% | 20.21% | -1.19% | 8.82% | 1.48% | -0.86% | 8.86% | -3.99% | 0.6% | 9.82% | 13.24% | 9.48% |
| Equity / Assets (Capital Ratio) | 11.21% | 11.21% | 10.81% | 8.88% | 8.28% | 9.9% | 10.52% | 12.3% | 11.98% | 11.39% | 11.39% | 11.62% | 11.59% | 11.49% | 13.1% | 12.49% | 12.03% | 11.65% | 12.04% | 10.26% | 10.08% | 8.86% | 9.32% | 8.71% | 9.52% | 9.55% | 9.14% | 9.73% | 10.26% | 10.7% | 10.09% |
| Return on Equity (ROE) | 10.75% | 10.98% | 12.31% | 10.49% | 4.45% | 8.46% | 9.41% | 9.25% | 9.46% | 6.83% | 7.24% | 8.02% | 8.91% | 8.86% | 9.37% | 9.04% | 8.91% | 8.13% | 8.81% | 11.99% | 14.61% | 13.8% | 16.21% | 17.31% | 17.75% | 16.92% | 15.83% | 14.99% | 13.38% | 12.72% | 12.98% |
| Book Value per Share | 36.05 | 35.04 | 31.97 | 27.14 | 24.29 | 27.65 | 27.36 | 25.64 | 23.52 | 23.15 | 22.43 | 21.76 | 21.01 | 20.20 | 19.85 | 18.91 | 17.95 | 19.16 | 20.55 | 15.91 | 15.61 | 13.07 | 12.86 | 11.64 | 10.88 | 10.59 | 9.28 | 9.10 | 8.92 | 8.18 | 7.49 |
| Tangible BV per Share | 30.38 | 29.52 | 24.25 | 19.52 | 15.87 | 20.08 | 20.14 | 18.44 | 16.33 | 16.08 | 15.54 | 14.85 | 14.16 | 13.00 | 14.37 | 13.49 | 6.80 | 6.93 | 14.31 | 9.23 | 8.73 | 13.07 | 9.06 | 11.64 | 10.88 | 10.59 | 9.28 | 9.10 | 8.92 | 8.18 | 7.49 |
| Common Stock | 12.23M | 12.3M | 12.71M | 12.72M | 12.71M | 12.85M | 13.21M | 13.38M | 13.72M | 14.12M | 14.09M | 14.08M | 14.06M | 14.04M | 13.51M | 13.36M | 0 | 0 | 0 | 0 | 12.23M | 11.62M | 12.05M | 12.14M | 12.61M | 13.27M | 13.49M | 14.7M | 0 | 0 | 0 |
| Additional Paid-in Capital | 62.05M | 81.95M | 157.9M | 159.69M | 154.65M | 175.91M | 233.12M | 256.4M | 309.55M | 369.12M | 366.56M | 361.47M | 356.24M | 349.68M | 285.9M | 266.03M | 269.99M | 258.13M | 151.41M | 136.09M | 158.86M | 65.37M | 121.7M | 132.38M | 188.65M | 66.08M | 94.23M | 193.7M | 0 | 0 | 0 |
| Retained Earnings | 2.08B | 2.04B | 1.88B | 1.71B | 1.6B | 1.59B | 1.5B | 1.41B | 1.32B | 1.23B | 1.19B | 1.14B | 1.09B | 1.03B | 984.56M | 932.53M | 890.92M | 853.55M | 836.64M | 797.99M | 740.87M | 677.78M | 620.59M | 548.52M | 470.32M | 587.39M | 512.11M | 445M | 378.6M | 320.9M | 261.9M |
| Accumulated OCI | -27.44M | -13.63M | -83.66M | -219.72M | -275.4M | -32.56M | -1.05M | -23.6M | -55.68M | -39.73M | -45.8M | -45.39M | -42.48M | -43.73M | 3.4M | 3.12M | -11.43M | -1.62M | -14.72M | -14.45M | -20.62M | -13.31M | -3.95M | -3.47M | 7.96M | 18.7M | 9.81M | 2.4M | 17M | 10.8M | 3.2M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 205.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Securities portfolio duration risk
As reported in recent SEC filings, Trustmark's total assets have remained remarkably stable, hovering near $19 billion throughout early 2026, which suggests a conservative growth strategy that prioritizes balance sheet preservation over aggressive expansion in the current, more restrictive interest rate environment.
The bank's asset trajectory indicates a shift away from rapid balance sheet growth toward a more defensive posture. This stability appears to reflect management's focus on maintaining capital ratios rather than chasing loan volume in a potentially softening regional economy.
Based on financial statements, the investment securities portfolio accounts for approximately $17.1 billion of the $19 billion total asset base, indicating that the bank's liquidity profile is heavily tethered to the performance and duration of its fixed-income holdings rather than traditional loan-based cash flows.
This heavy concentration in securities suggests that Trustmark's liquidity is highly sensitive to market interest rate fluctuations. Investors should monitor whether this large portfolio creates duration mismatches that could constrain the bank's flexibility if market rates remain elevated for an extended period.
According to quarterly data, Trustmark has maintained a consistent equity-to-assets ratio of 0.11 as of 2026Q1, demonstrating a disciplined approach to capital management that provides a reliable buffer against potential credit volatility within its Southeastern commercial loan and insurance-linked business segments.
The stability of the equity base suggests that management is prioritizing long-term solvency over aggressive capital return programs. This conservative capital positioning may limit near-term ROE expansion but serves as a critical safeguard against the inherent risks of the bank's concentrated geographic footprint.
As noted in regulatory disclosures, the massive $17.1 billion investment securities portfolio represents the primary balance sheet risk, as any further upward shift in the yield curve could lead to significant unrealized losses that might impair the bank's tangible book value over time.
While the bank appears well-capitalized, the sheer scale of the securities portfolio relative to total assets warrants further investigation into the duration of these holdings. If these assets are not effectively hedged, the bank may face persistent pressure on its capital position despite its otherwise conservative operating profile.
Quick answers to the most common questions about buying TRMK stock.
As of 2025, Trustmark Corporation (TRMK) had total assets of $18.93B including $2.54B in current assets.
Trustmark Corporation (TRMK) carries total debt of $1.12B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Trustmark Corporation (TRMK) has total shareholders' equity (book value) of $2.12B ($35.04 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Trustmark Corporation (TRMK) reported a current ratio of 0.73x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.