TRUIST FINANCIAL CORP (TFC) Form 10-Q — Oct 28, 2026
Truist reported Q3 2026 net income of $799 million, with $684 million ($0.56 diluted EPS) available to common shareholders, down 49% year over year, driven by strategic balance sheet actions rather than operational weakness. The quarter included completion of the Regional Acceptance Corporation loan sale, which produced a $581 million pre-tax reserve recapture, and an AFS securities repositioning that generated a $1.4 billion pre-tax loss as Truist swapped $8.6 billion of low-yielding agency MBS into $7.2 billion of shorter-duration, higher-yielding securities.
Key figures
- Eps
- 0.56
- Revenue
- 3747000000
- Net Income
- 799000000
- Total Debt
- 53373000000
- Total Assets
- 554196000000
- Shares Outstanding
- 1198488412
- Acl
- $4.4 billion
- Tbvps
- $31.90
- Nim TE
- 3.00%
- Alll ratio
- 1.25%
- Cet1 ratio
- 10.7%
- Diluted eps q3 2025
- 1.04
- Lightstream loan sale
- $7.7 billion (net proceeds ~$7.2 billion)
- Rac reserve recapture
- $581 million pre-tax ($0.36/share)
- Afs repositioning loss
- $1.4 billion pre-tax ($0.90/share)
- Net interest income q3
- $3,663 million
- Common dividend per share
- $0.52
- Share repurchases nine months
- $3.6 billion (69.9 million shares)
- Net income available to common
- $684 million
- Remaining buyback authorization
- $6.5 billion
AI analysis
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