StocksMediumUpdated•Originally published 16 October 2026•Updated 16 October 2026•
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Truist Financial Q3 Earnings and Revenue Miss Analyst Estimates
Key Facts
1Truist Financial reported Non-GAAP EPS of $1.16, missing analyst estimates by $0.01.
2The company's revenue reached $5.3B, missing consensus expectations by $60M.
Truist Financial reported Non-GAAP EPS of $1.16 for the third quarter, missing analyst estimates by $0.01. Seeking Alpha reported that the company's net income fell to $799 million during the period after absorbing a $1.4 billion pre-tax loss resulting from the repositioning of its securities portfolio.
Revenue reached $5.3 billion, falling $60 million short of consensus expectations despite a 1.1% year-over-year increase. TFC closed at $46.57 on October 15, 2026, while loans and leases held for investment decreased by $5.9 billion to $323.9 billion following the sale of the RAC loan portfolio.