TFC

Truist Financial's Q3 2026 adjusted EPS rose 11.5% year-over-year to $1.16 but missed consensus estimates by one cent due to $1.4 billion in securities losses and higher non-interest expenses. The company benefited from record wealth management income and 3.6% deposit growth, but profitability metrics weakened significantly. Management projects Q4 revenues of $5.35B with NII of $3.65-$3.70B.

Truist Financial reported Q3 earnings of $1.16 per share, missing the consensus estimate of $1.17, and revenues of $5.19 billion, falling short of expectations by 2.19%. The stock has underperformed the S&P 500 by 18.5% year-to-date and carries a Zacks Rank #3 (Hold) rating. The company's industry, Banks - Major Regional, ranks in the bottom 33% of Zacks industries.

Truist Financial (TFC) is expected to report Q3 2026 earnings of $1.17 per share, up 12.5% year-over-year, with revenues rising 2.4% to $5.31B. Net interest income is projected to increase 1% to $3.67B, supported by solid consumer loan demand and stabilizing funding costs. However, rising non-interest expenses, weakening asset quality with 16.6% growth in non-accrual loans, and modest mortgage banking income present headwinds. The company's exit from near-prime auto lending is expected to improve liquidity and funding profile.