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Truist Financial (TFC) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended September 2026, Truist Financial Corporation (TFC - Free Report) reported revenue of $5.19 billion, up 0.1% over the same period last year. EPS came in at $1.16, compared to $1.04 in the year-ago quarter.
The reported revenue represents a surprise of -2.19% over the Zacks Consensus Estimate of $5.31 billion. With the consensus EPS estimate being $1.17, the EPS surprise was -0.86%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Truist Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 82.9% versus 58.2% estimated by five analysts on average.
Book Value Per Share (BVPS): $46.78 versus $48.35 estimated by four analysts on average.
Net charge-offs as a percentage of average loans and leases: 0.8% compared to the 0.7% average estimate based on four analysts.
Tier 1 Capital Ratio: 12% versus the three-analyst average estimate of 12%.
Total nonperforming assets: $1.34 billion versus $1.89 billion estimated by three analysts on average.
Total nonaccrual loans and leases: $1.31 billion compared to the $1.83 billion average estimate based on three analysts.
Average balance - Total earning assets: $491.43 billion compared to the $495.09 billion average estimate based on three analysts.
Tier 1 Leverage Ratio: 9.6% compared to the 9.6% average estimate based on three analysts.
Total Capital Ratio: 13.6% compared to the 13.8% average estimate based on two analysts.
Total Noninterest Income: $1.53 billion compared to the $1.65 billion average estimate based on five analysts.
Net interest income: $3.66 billion versus $3.67 billion estimated by five analysts on average.
Net interest income (FTE): $3.71 billion compared to the $3.71 billion average estimate based on four analysts.
Shares of Truist Financial have returned -3.9% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Truist Financial (TFC) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended September 2026, Truist Financial Corporation (TFC - Free Report) reported revenue of $5.19 billion, up 0.1% over the same period last year. EPS came in at $1.16, compared to $1.04 in the year-ago quarter.
The reported revenue represents a surprise of -2.19% over the Zacks Consensus Estimate of $5.31 billion. With the consensus EPS estimate being $1.17, the EPS surprise was -0.86%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Truist Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Truist Financial here>>>
Shares of Truist Financial have returned -3.9% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.