Slide 1: First Quarter Financial Results
First Quarter Financial Results April 28, 2026
Slide 2: Forward-Looking Statements
Forward–Looking Statements Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “
Slide 3: Financial Highlights
Financial Highlights Performance Reflects Continued Loan and Deposit Growth, Stable Credit Quality, Expanded Fee Income, and Disciplined Noninterest Expense Management Balance • Loans held for investment (HFI) increased $203.7 million, or 1.5%, linked-quarter, and $636.5 million, or 4.8%, year-over-
Slide 4: Loans Held for Investment (HFI) Portfolio
Loans Held for Investment (HFI) Portfolio Focus on profitable, credit-disciplined loan growth continued Loans HFI (1) Loan Portfolio Composition 03/31/26(1) (1) Change ($ in millions) 3/31/2026 LQ Y-o-Y Other RE, 15% Loans secured by real estate: Nonfarm,Nonres, 24% Const., land dev. and other land
Slide 5: Commercial Real Estate and Offices (CRE) Portfolio Detail
Commercial Real Estate and Offices (CRE) Portfolio Detail CRE Portfolio(1)(2) % of CRE Offices (CRE) Portfolio(1)(2) % of Offices ($ in millions) 03/31/26 Portfolio ($ in millions) 03/31/26 Portfolio Lots, Development and Unimproved Land $ 241 5% Construction $ 3 2% 1-4 Family Construction 319 6% Ex
Slide 6: Commercial Loan Portfolio Detail
Commercial Loan Portfolio Detail % of • Portfolio includes commercial, financial Commercial Portfolio (1)(2) Commercial intermediaries, agriculture production, equipment ($ in millions) 03/31/26 Portfolio finance, non-profits, and leases Manufacturing $ 479 16% Wholesale Trade 387 13% • Credits orig
Slide 7: Allowance for Credit Losses
Allowance for Credit Losses ($ in millions) $3 $2 $160 $157 -$2 Net impact of Net impact of Net impact of all quantitative qualitative changes other changes changes including including adjustments including loan growth, for credit migration prepayment changes in the and adjustments to studies, macro
Slide 8: Credit Risk Management
Credit Risk Management Solid asset quality metrics • Allowance for credit losses represented 1.16% of loans HFI and 200.69% of nonaccrual loans, excluding individually evaluated loans • Net charge-offs totaled $1.3 million in the first quarter and represented 0.04% of average loans • Nonaccrual loan
Slide 9: Attractive, Low-Cost Deposit Base
Attractive, Low-Cost Deposit Base (1) Deposit Mix – Average Balance Q1-26(1) Deposits ($ in millions) (1) Change ($ in millions) 3/31/2026 LQ Y-o-Y $14,998 $15,158 $15,358 $15,597 $15,596 Interest Checking $ 4,858 $ 132 $ 242 20% 19% 20% 21% 21% Noninterest Bearing DDA 3,096 59 26 Time Deposits 3,46
Slide 10: Income Statement Highlights – Net Interest Income
Income Statement Highlights – Net Interest Income Net Interest Income – FTE Yields and Costs (1) ($ in millions) 6.15% 6.19% 6.21% 6.06% $166 5.93% $161 $165 $164 $155 3.75% 3.81% 3.83% 3.81% 3.81% 3.46% 3.46% 3.50% 3.46% 3.57% 2.43% 2.42% 2.44% 2.29% 2.15% Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q1-25 Q2-25
Slide 11: Earning Asset Composition & Interest Rate Sensitivity
Earning Asset Composition & Interest Rate Sensitivity As of 03/31/26 • Cash flow hedge portfolio structured to mitigate asset sensitivity driven by loan portfolio mix with 53% variable rate • Active interest rate swap hedge notional at quarter end was $705 million with a weighted average received fi
Slide 12: Income Statement Highlights – Noninterest Income
Income Statement Highlights – Noninterest Income Noninterest Income – Q1-26(1) (2) (1) Noninterest (2) Income (1) (2) (2) Change Other, net, ($ in millions) 10% Q1-26 LQ Y-o-Y Service Charges Service Charges on Deposit Accounts $ 10.7 $ (0.5) $ 0.0 Wealth on Deposit Bank Card and Other Fees 8.0 (0.7
Slide 13: Income Statement Highlights – Noninterest Expense
Income Statement Highlights – Noninterest Expense • Noninterest expense totaled $132.2 million in the first quarter, unchanged from the prior quarter • Salaries and employee benefits in the first quarter totaled $74.2 million, a decrease of $837 thousand, or 1.1%, linked- quarter and reflected reduc
Slide 14: Capital Management
Capital Management Capital ratios remained strong, and share repurchase activity continued • Capital position remained strong with a CET1 ratio of 11.70% and a total risk-based capital ratio of 14.37% at March 31, 2026 • During the first quarter of 2026, Trustmark repurchased $19.8 million, or appro
Slide 15: 2026 Full Year Expectations
2026 Full Year Expectations FY 2026 Expectations(1) Guidance 2025 Actual 2Q-26 Loans HFI Increase mid single digits Affirmed $13.7 billion Balance Sheet Deposits, excluding brokered deposits Increase mid single digits Affirmed $15.2 billion Securities Remain stable Affirmed $3.1 billion Net Interest
Slide 16: Trustmark Corporation
Trustmark Corporation Who We Are Strategic Priorities to Enhance Shareholder Value • Trustmark is a diversified financial services company headquartered in Jackson, MS, providing banking and financial solutions through offices in AL, FL, GA, MS, TN and TX Focus on profitable growth to increase EPS,