Unveiling Q4 Results: How Trustmark (NASDAQ:TRMK) Compares to Other Regional Bank Stocks

Regional Banks: Q4 Earnings Overview

With the fourth quarter earnings season wrapping up, it's an opportune moment to review which regional banks stood out and which lagged behind, including Trustmark (NASDAQ:TRMK) and its industry counterparts.

Regional banks, which operate within defined geographic boundaries, play a vital role by connecting local savers with borrowers. These institutions often benefit from higher interest rates, which widen the gap between what they earn on loans and what they pay on deposits. Advances in digital technology have also helped them cut costs, while robust local economies can spur loan growth. On the flip side, regional banks contend with challenges such as competition from fintech firms, customers moving deposits to higher-yielding options, increased loan defaults during economic downturns, and the burden of regulatory compliance. Recent instability in the sector, highlighted by notable bank failures and heavy exposure to commercial real estate, has added further pressure.

Q4 Performance Snapshot

Among the 95 regional bank stocks monitored, the group delivered a solid fourth quarter, collectively surpassing revenue forecasts by 1.6%.

Despite some banks outperforming their peers, the sector as a whole has seen share prices drop, with an average decline of 4.9% since the latest earnings announcements.

Trustmark (NASDAQ:TRMK)

Founded in Mississippi in 1889, Trustmark is a diversified financial services provider offering banking, wealth management, insurance, and mortgage solutions across five southeastern states.

For the quarter, Trustmark posted $204.1 million in revenue, marking a 3.7% year-over-year increase. This result matched analyst expectations. While the company exceeded earnings per share estimates, its net interest income was in line with forecasts, making for a mixed quarter overall.

Duane A. Dewey, President and CEO, highlighted, “Trustmark achieved record earnings in 2025, reflecting strong performance across our broad range of financial services. Our core banking operations continued to drive growth in loans and deposits, maintained a healthy net interest margin, and upheld solid credit quality. Mortgage banking saw higher production and notable gains in profitability, while our wealth management division reached its highest revenue ever.”

Since releasing its results, Trustmark’s stock has risen 1.5% and is currently trading at $41.77.

Top Q4 Performer: Merchants Bancorp (NASDAQ:MBIN)

Headquartered in Indiana, Merchants Bancorp specializes in low-risk, government-backed lending, with a focus on multi-family mortgage banking, mortgage warehousing, and traditional banking services.

Merchants Bancorp reported $185.3 million in revenue for the quarter, a 4.4% decrease from the previous year, but still outperformed analyst projections by 7.8%. The company delivered a standout quarter, beating both earnings per share and net interest income estimates.

The market responded positively, with Merchants Bancorp shares climbing 20% since the earnings release, now trading at $41.93.

Q4’s Weakest: National Bank Holdings (NYSE:NBHC)

National Bank Holdings operates under well-known local brands such as Community Banks of Colorado, Bank Midwest, and Bank of Jackson Hole, serving customers across Colorado, Kansas, Missouri, Wyoming, Texas, and other western states with a range of commercial, business, and consumer banking services.

For the quarter, National Bank Holdings generated $102.6 million in revenue, down 3.7% year over year and 2.7% below analyst expectations. The quarter was disappointing, with the company missing both revenue and net interest income estimates by a significant margin.

The stock price has remained steady since the report and is currently at $39.75.

OFG Bancorp (NYSE:OFG)

Established in 1964, OFG Bancorp began as a federal savings and loan institution and now offers a broad suite of financial services—including commercial and consumer lending, wealth management, insurance, and trust services—primarily in Puerto Rico and the U.S. Virgin Islands.

OFG Bancorp reported $185.4 million in revenue, a 1.9% increase from the previous year, aligning with analyst expectations. The quarter was satisfactory overall, with the company surpassing earnings per share estimates but slightly missing net interest income projections.

Shares have declined 8.5% since the earnings announcement, with the stock now trading at $38.95.

First Horizon (NYSE:FHN)

Founded in 1864, First Horizon is a Tennessee-based bank holding company offering commercial and consumer banking, wealth management, and specialized financial services across several states.

First Horizon’s revenue reached $891 million for the quarter, up 8.1% year over year and exceeding analyst expectations by 3.2%. The company delivered a robust quarter, beating both revenue and net interest income forecasts.

The stock has fallen 5.3% since the earnings release and is currently priced at $22.78.

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The StockStory analyst team, comprised of experienced professional investors, leverages data-driven analysis and automation to deliver timely, high-quality market insights.