| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 75 | 12.6x | 17.3x | Top tier | |
Growth | 17 | -5.4% | 7.1% | Bottom tier | |
Quality | 51 | — | — | Around median | |
Safety | 18 | — | — | Bottom tier | |
Capital Return | 87 | 4.25% | 0.06% | Top tier | |
Momentum | 61 | 8.2% | -1.6% | Around median | |
Sentiment | 85 | 13 | 3 | Top tier |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Truist Financial Corporation combines retail and small-business banking with corporate banking, generating net revenue from net interest income and fees associated with wealth management, payments, investment banking, and trading. Customer relationships are developed through services such as Premier Banking, Service Finance, and digital channels, while capital is directed toward commercial lending and activities that generate fees alongside loans. On the 2026-07-17 call, management explained that it had stopped originating boat and recreational vehicle loans and reduced some auto loan originations to improve returns on capital.
Net revenue in fiscal year 2026 quarter 3, ended 2026-09-30, was approximately 3.7 billion dollars, down 27.8% from the same quarter of the previous fiscal year, compared with 5.2 billion dollars in fiscal year 2025 quarter 3. The bank recorded net income of 799.0 million dollars and diluted earnings per share of 0.56 dollars in fiscal year 2026 quarter 3, compared with net income of 1.6 billion dollars and diluted earnings per share of 1.23 dollars in fiscal year 2026 quarter 2. The operating margin according to EL7 data was approximately 23.9% in fiscal year 2026 quarter 3, while a news report dated 2026-10-16 linked the results to a pretax loss of 1.4 billion dollars from repositioning the securities portfolio during the same quarter.
Details of fiscal year 2026 quarter 2, discussed on the 2026-07-17 call, show differences among business drivers: average corporate banking loans rose 8% from the same quarter of the previous fiscal year, while investment banking and trading income increased 72% and wealth management income increased 8% on the same comparison basis. However, net interest margin declined to 2.98% in fiscal year 2026 quarter 2, down 4 basis points from the previous quarter. Truist's investment case therefore centers on whether fee growth and improved capital efficiency can offset deposit cost pressure and lower yields on part of the loan portfolio.
Q3 FY2026
When: 2027-01-20
Net interest income growth for fiscal year 2026 within the 1%–1.5% range
Noninterest income growth for fiscal year 2026 at 10%
The industry-multiple valuation is 58 dollars, within a range of 49 dollars to 71 dollars. It measures Truist's value by applying a median multiple of 1.2 across 335 companies to its book value. The median target from 6 analysts is 55 dollars, within a range of 50 dollars to 62 dollars in the 2026-10-19 snapshot. This method reflects growth and profitability expectations and tends to be optimistic by nature. The two central values are close and their ranges overlap, while the industry-multiple valuation exceeding the median target reflects a difference between the pricing of the book capital base and analysts' performance expectations. The cuts by UBS to 50 dollars on 2026-10-05 and Stephens to 54 dollars on 2026-10-20 add a degree of caution to the interpretation of the targets, without making either method a definitive standalone valuation.
Figures in the text are as of 2026-10-20; the live price is shown at the top of the page.
Truist generates fees from investment banking, trading, wealth management, cards, and treasury management. In fiscal year 2026 quarter 2, discussed on the 2026-07-17 call, noninterest income rose 17% compared with the same quarter of the previous fiscal year. This was driven by growth of 72% in investment banking and trading income and 8% in wealth management income, making deeper customer relationships an important focus for offsetting pressure on interest income.
Net revenue in fiscal year 2026 quarter 3, ended 2026-09-30, was approximately 3.7 billion dollars, down 27.8% compared with the same quarter of the previous fiscal year. Net income was 799.0 million dollars and diluted earnings per share were 0.56 dollars in the same quarter. The news report dated 2026-10-16 cited a pretax loss of 1.4 billion dollars from repositioning the securities portfolio during fiscal year 2026 quarter 3, making it important to distinguish the repositioning impact from recurring business performance when assessing the sustainability of profitability.
Automated analysis for informational purposes only — not investment advice.
On the 2026-07-17 call, management described its actions as resizing the auto business, alongside stopping boat and recreational vehicle loan originations during fiscal year 2026 quarter 2. It expected originations in the targeted portfolios to decline approximately 40% in fiscal year 2026 compared with fiscal year 2025. At the same time, it confirmed continued growth in consumer activities such as Service Finance, Sheffield, and home equity loans, so the change concerns portfolio selection and returns more than a broad withdrawal.
Diluted shares declined to 1.23 billion shares in fiscal year 2026 quarter 3, ended 2026-09-30, compared with 1.30 billion shares in fiscal year 2025 quarter 3, a decrease of 5.4%. This means earnings are spread across fewer shares, but it does not guarantee higher earnings per share when profits themselves decline. On 2026-07-17, management maintained its share repurchase target at 5 billion dollars for fiscal year 2026, while prioritizing profitable growth opportunities when allocating capital.
The earnings announcement on 2027-01-20 is expected according to the earnings calendar and will allow an assessment of fiscal year 2026 results against the targets management announced on 2026-07-17. These targets include net interest income growth of 1%–1.5% and noninterest income growth of approximately 10% compared with fiscal year 2025. Return on tangible common equity also warrants monitoring against the target of more than 14% for fiscal year 2026, to assess how successfully capital reallocation has improved returns.