TRUSTMARK Business Summary

Trustmark Corp (TRMK) is a diversified financial services holding company that operates primarily through its subsidiary, Trustmark National Bank, across Mississippi, Alabama, Florida, Tennessee, and Texas. The company generates revenue through a dual-stream model: net interest income derived from a $13.7 billion loan portfolio and a $15.5 billion deposit base, and non-interest income from high-margin fee-based segments. Its primary business segments include General Banking (commercial and consumer solutions), Wealth Management (trust, investment, and brokerage services), and Mortgage Banking (loan production and servicing). As of early 2026, Trustmark maintains a strong regional footprint, positioning itself as a mid-cap competitor against peers such as Ameris Bancorp (ABCB), Fulton Financial (FULT), Old National Bancorp (ONB), and First Financial Bancorp (FFBC), where it distinguishes itself through record-level revenue growth in wealth management and robust credit quality metrics. Originally founded in 1889, Trustmark is currently led by President and CEO Duane A. Dewey, a 35-year industry veteran and former Bank of America executive who joined the firm in 2003 and assumed the top role in 2021. The executive team includes Thomas C. Owens, Principal Financial Officer and Treasurer, who previously held leadership roles at Webster Financial, and Robert Barry Harvey, Chief Credit and Operations Officer. The Board of Directors is chaired by former CEO Gerard R. Host and features notable members such as Adolphus B. Baker (Chairman of Cal-Maine Foods), Augustus L. Collins (CEO of MINACT Inc.), and Marcelo Eduardo (Dean of the School of Business at Mississippi College). The company is heavily backed by institutional investors, including Federated Hermes and BlackRock, reflecting its status as a stable, dividend-paying fixture in the Southeastern regional banking sector.