Tube-gusset (TG) joints play a crucial role in connecting crossarm chords to tower bodies in steel-pipe power transmission towers, bearing the highest loads in the entire tower structure. This study investigated TG joints with five-ring stiffeners under combined bending and compressive loads, using the middle stiffener plate as the connecting plate. Through experimental studies, numerical simulations, and theoretical analyses, insights were obtained into the failure mechanism and mechanical characteristics of TG joints. This study identifies the key factors influencing the ultimate strength of TG joints under combined bending and compressive loads and proposes a method for determining the joint bearing capacity. Notably, the mechanical performance of multi-ring-stiffened tube-gusset joints was minimally affected by the initial geometric defects under combined compression and bending moments. The load exerted on the gusset plate was primarily supported by the stiffeners, with the gusset plate demonstrating minimal bending deformation, owing to its substantial in-plane stiffness. Consequently, the gusset plate underwent an overall rotation or translation under the combined effects of compression and the bending moment. The proposed method accurately predicted the joint bearing capacity, ensuring the safety of TG joints. These findings provide valuable insights into the meticulous design of joints in steel-pipe transmission towers, thereby ensuring the safety and stability of transmission lines in the field of civil engineering.