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 (NASDAQ:TRUX) announced the appointment of Jeff McGruder as Vice President of Truxton Banking on November 6, 2025. McGruder brings nearly two decades of commercial banking experience in Middle Tennessee, with prior senior roles at Bank of Tennessee, Citizens Savings Bank & Trust, Pinnacle Financial Partners, and Regions Bank.
He holds an MBA in Healthcare Administration from Trevecca Nazarene University and a bachelor’s degree from The University of Tennessee at Knoxville, and the company highlighted his community engagement and focus on client relationships as aligned with Truxton’s growth strategy.
Truxton (NASDAQ:TRUX) announced on October 30, 2025 that Jeffrey M. Laborde has joined its Board of Directors.
Mr. Laborde brings more than three decades of corporate finance, strategic advisory, and public accounting experience, currently serving as CFO of JAGGAER and previously holding CFO roles at Aptos, Accruent, Benefitfocus, Infor, and SumTotal Systems. He began his career in technology investment banking at Goldman Sachs and as a CPA at Arthur Andersen.
Truxton Corporation (OTCID: TRUX) announced a quarterly cash dividend of $0.50 per common share. The dividend is payable on December 24, 2025 to shareholders of record as of December 10, 2025.
Truxton Corporation (NASDAQ:TRUX) reported third quarter 2025 results for the period ended September 30, 2025. Net income attributable to common shareholders was $5.6 million or $1.95 diluted EPS, up 23% and 24% versus Q3 2024, respectively. Non-interest income was $6.0 million, while wealth revenue was $5.6 million (up 8% QoQ).
Loans rose to $721 million (+4% QoQ, +8% YoY) and total deposits increased to $1.16 billion (+11% QoQ, +30% YoY). Book value per share was $38.51 at quarter end. The company paid $2.50 per share in dividends YTD (including a $1.00 special) and repurchased 11,700 shares for $923,000. Tier 1 leverage ratio was 8.90% at September 30, 2025.
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.