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Trustmark TRMK Wealth Management — Income Tax Expense Benefit

Other segment segments

General Banking
$10.91M-0.1%

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$155M+58.2%
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$1.95M-0.8%
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$15M+15.4%

Other financials

Income statement

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Revenue$202.9M+4.2%
Net income$56.1M+4.6%
EPS (diluted)$0.95+8.0%

Balance sheet

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Total debt$40.2M-3.7%
Total equity$2.1B+5.3%
Total assets$19.0B+3.8%

Cash flow

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Operating cash flow$27.1M-67.1%
CapEx$6.5M+266%
Free cash flow$20.6M-74.4%

Valuation

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Market cap$2.67B+18.3%
P/E11.8×+2.2×
P/S3.3×-0.6×

Profitability

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Net margin28%-12.3pp
FCF margin21.3%

Returns & leverage

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Return on equity10.9%-1.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Trustmark in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Trustmark’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trustmark's wealth management — income tax expense benefit?
Trustmark (TRMK) reported wealth management — income tax expense benefit of $984K in Q1 2026.
How has Trustmark's wealth management — income tax expense benefit changed year-over-year?
Trustmark's wealth management — income tax expense benefit increased by 26.3% year-over-year, from $779K to $984K.
What is the long-term trend for Trustmark's wealth management — income tax expense benefit?
Over 4 years (2021 to 2025), Trustmark's wealth management — income tax expense benefit has grown at a 10.2% compound annual growth rate (CAGR), from $2.68M to $3.95M.
What does wealth management — income tax expense benefit mean?
This represents the portion of the wealth management segment's earnings allocated to income tax obligations. It reflects the tax impact on the segment's pre-tax income based on applicable statutory rates and tax strategies. Understanding this helps in calculating the segment's net contribution to the company's after-tax earnings.