Welcome to our dedicated page for Truxton news (Ticker: TRUX), a resource for investors and traders seeking the latest updates and insights on Truxton stock.
Truxton Corp (TRUX) provides specialized wealth management and private banking services for high-net-worth clients. This news hub offers investors and financial professionals centralized access to verified corporate updates and strategic developments.
Track official announcements including earnings reports, leadership changes, service expansions, and regulatory filings. Our curated collection ensures timely access to material information affecting investment analysis and market positioning.
Key updates cover trust service innovations, banking product enhancements, and strategic partnerships. All content is sourced from company disclosures and regulatory filings to maintain compliance and accuracy standards.
Bookmark this page for efficient monitoring of TRUX's operational milestones and financial service developments. Regular updates provide essential insights for informed decision-making in wealth management sector analysis.
Truxton Corporation (OTCID: TRUX), the parent company of Truxton Trust Company, has declared a quarterly cash dividend. The company will pay $0.50 per common share on September 24, 2025, to shareholders of record as of September 10, 2025.
Truxton Corporation (TRUX) reported strong Q2 2025 financial results, with net income reaching $5.3 million, or $1.84 per diluted share, representing an 18% and 19% increase respectively from Q2 2024. The company achieved record quarterly earnings, 5% higher than the previous quarter.
Key metrics include non-interest income of $6.1 million, wealth management revenue of $5.2 million, and total deposits increasing by 2% to $1.05 billion. The net interest margin improved to 2.92%, while loans slightly declined by 1% to $692 million. The bank maintained a strong capital position with a Tier 1 leverage ratio of 9.36% and increased book value per share to $35.75.
Truxton (TRUX) has announced key promotions within its Wealth Management division. Buck Patton has been elevated to Senior Vice President, Wealth Advisor, following his significant contributions since joining in 2018. As a CFP® and CPWA® holder, Patton has demonstrated expertise in serving individual clients, families, non-profits, and partnerships.
Brandt Warner, who joined in 2024, has been promoted to Vice President, Wealth Advisor. Warner, a licensed attorney and CFP® professional, has been recognized for his strategic thinking and technical expertise in serving high-net-worth families.
Truxton Capital Advisors (TCA) has announced the successful sale of two family-owned environmental businesses in the Dallas/Fort Worth area to a publicly traded company through an asset purchase deal. The acquisition aims to strengthen the buyer's market position in North American environmental testing products and services.
TCA, acting as the sell-side advisor, provided comprehensive support including deal terms negotiation, financial, accounting, tax, and due diligence assistance. Maynard Nexsen served as legal counsel for the sellers, with Robert Waller and Brian Howaniec leading the legal team.
The transaction represents a significant milestone for the family owners, with careful consideration given to employee welfare and management objectives. The deal structure was designed to preserve the owners' legacies while ensuring business succession.
Truxton (OTCPK: TRUX), the parent company of Truxton Trust Company, has declared a quarterly cash dividend of $0.50 per common share. The dividend will be paid on June 25, 2025, to shareholders who are recorded as owners of the stock as of June 11, 2025. This announcement comes from the company's Board of Directors, who approved the dividend distribution.
Truxton (TRUX) reported strong Q1 2025 financial results with net income of $5.1 million, or $1.75 per diluted share, marking a 17% increase from Q1 2024. Key performance highlights include:
- Net Interest Income grew 18% year-over-year
- Non-interest income reached $6.4 million, up 23% from Q1 2024
- Wealth revenue increased 8% year-over-year to $5.3 million
- Loans grew 6% to $702 million compared to Q1 2024
- Total deposits surged 21% to $1.03 billion year-over-year
- Net interest margin improved to 2.90%, up from 2.62% in Q1 2024
The company maintained strong capital position with a Tier 1 leverage ratio of 10.46% and paid dividends of $1.50 per share, including a $1.00 special dividend. Additionally, TRUX repurchased 5,000 shares at an average price of $80.00.
Truxton Wealth has announced two key promotions within its advisory team. Susan Ney, CTFA, who joined the company in 2014, has been elevated to Senior Vice President, Senior Wealth Advisor. She specializes in monitoring investment strategies, trust and estate administration, tax planning, and retirement planning. Ney holds the Certified Trust and Financial Advisor designation and is a member of the Middle Tennessee Estate Planning Council.
Laura Frith, who joined Truxton in 2024, has been promoted from Wealth Associate to Associate Wealth Advisor. In her new role, she will focus on trust and estate administration, tax planning, retirement planning, and coordinating with professional advisors.
Truxton has announced several key additions to its team over the last two months, demonstrating its continued ability to attract top finance industry talent. Steve Pelmore Jr., CPA joins as Vice President, Tax Strategist and Wealth Advisor, bringing nearly 20 years of public accounting experience and military service background.
The company also welcomed Carson Walter as a Credit Analyst, Nathan Johnson as an Accountant with five years of previous finance experience, and Keegan Fornoff as an Office Coordinator. These appointments reflect Truxton's commitment to enhancing client service capabilities and strengthening its team across various departments.
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