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Trustmark TRMK General Banking — Goodwill Impairment

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Other financials

Income statement

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Revenue$208.2M+4.8%
Net income$63.5M+13.8%
EPS (diluted)$1.08+17.4%

Balance sheet

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Total debt$40.3M-3.5%
Total equity$2.1B+3.5%
Total assets$19.2B+3.1%

Cash flow

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Operating cash flow$56.8M+51.0%
CapEx$7.3M+135%
Free cash flow$49.5M+43.4%

Valuation

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Market cap$2.78B+25.1%
P/E11.9×+1.6×
P/S3.4×+0.6×

Profitability

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Net margin28.7%+0.9pp
FCF margin22.9%

Returns & leverage

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Return on equity11.1%+0.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Trustmark in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Trustmark’s 10-K, filed February 23, 2026.

Filed
Feb 23, 2026, 4:16 PM EST
Fiscal year
FY2025
Accession
0001193125-26-064009

Trustmark’s General Banking Segment delivers a full range of banking services to consumer, corporate, small and middle-market businesses through its extensive branch network. Trustmark performed goodwill impairment tests for the General Banking Segment during 2025, 2024 and 2023. Based on these tests, Trustmark concluded that the fair value of the General Banking Segment exceeded the book value and no impairment charge was required.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Trustmark's general banking — goodwill impairment?
Trustmark (TRMK) reported general banking — goodwill impairment of $0 in Q4 2025.
What does general banking — goodwill impairment mean?
This represents a non-cash charge taken when the carrying value of goodwill in the general banking segment exceeds its implied fair value. It serves as a critical indicator of potential overpayment for past acquisitions or a decline in the segment's long-term business outlook.

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