Truist Financial (NYSE:TFC) Announces Earnings Results

Truist Financial (NYSE:TFC) released its quarterly earnings data on Wednesday. The insurance provider reported $1.00 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.09), Briefing.com reports. Truist Financial had a net margin of 16.84% and a return on equity of 8.73%. The company had revenue of $5.30 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same period last year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year.

Here are the key takeaways from Truist Financial’s conference call:

• Truist reported Q4 net income available to common shareholders of $1.3 billion ($1.00 per diluted share) and FY2025 net income of $5.0 billion, but results included legal accruals and severance charges (~$0.12 per share in Q4 and ~$0.18 for the year) related to a settlement announced in January 2026.
• Management expects 3%–4% average loan growth in 2026 (primarily commercial-led), improving deposit mix and lower deposit costs, and guides net interest income up 3%–4% with full-year NIM above the 2025 average of 3.03%.
• Truist is guiding full-year 2026 revenue growth of 4%–5% and GAAP non-interest expense growth of 1.25%–2.25%, implying roughly 275 basis points of positive operating leverage as it pursues a 15% ROTCE target for 2027.
• Capital return will accelerate — the firm repurchased $750 million in Q4, authorized up to $10 billion in buybacks, and is targeting about $4 billion of repurchases in 2026 (roughly $1 billion in Q1), while managing CET1 near its ~10% planning level.
• Asset quality stayed stable with non-performing loans around 48 bps and an ALLL of ~1.53%, and management expects net charge-offs near ~55 bps in 2026, signaling steady credit conditions to monitor.

Truist Financial Price Performance

NYSE TFC traded up $0.89 during trading hours on Wednesday, reaching $50.03. The company’s stock had a trading volume of 1,762,168 shares, compared to its average volume of 8,654,774. The firm has a market capitalization of $64.00 billion, a price-to-earnings ratio of 13.45, a P/E/G ratio of 0.95 and a beta of 0.89. Truist Financial has a 1-year low of $33.56 and a 1-year high of $51.51. The company’s 50-day moving average is $48.46 and its two-hundred day moving average is $46.09. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.86 and a quick ratio of 0.86.

Truist Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, November 14th. Truist Financial’s payout ratio is currently 55.91%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TFC shares. Wall Street Zen cut Truist Financial from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Truist Financial in a report on Monday, December 29th. Barclays downgraded shares of Truist Financial from an “equal weight” rating to an “underweight” rating and lifted their target price for the stock from $47.00 to $56.00 in a research report on Monday, January 5th. Raymond James Financial raised their price target on Truist Financial from $50.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 7th. Finally, UBS Group set a $55.00 price objective on Truist Financial in a research report on Tuesday, October 21st. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $52.80.

Truist Financial declared that its Board of Directors has authorized a stock buyback plan on Tuesday, December 16th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the insurance provider to reacquire up to 15.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director K. David Jr. Boyer sold 5,160 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $46.45, for a total value of $239,682.00. Following the completion of the transaction, the director directly owned 10,153 shares of the company’s stock, valued at approximately $471,606.85. This represents a 33.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.14% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TFC. Wellington Management Group LLP grew its stake in shares of Truist Financial by 13,511.7% in the 3rd quarter. Wellington Management Group LLP now owns 10,386,831 shares of the insurance provider’s stock valued at $474,886,000 after purchasing an additional 10,310,523 shares during the last quarter. AQR Capital Management LLC raised its holdings in Truist Financial by 71.9% during the second quarter. AQR Capital Management LLC now owns 3,165,033 shares of the insurance provider’s stock worth $136,065,000 after purchasing an additional 1,323,866 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Truist Financial by 64.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,310,824 shares of the insurance provider’s stock worth $151,371,000 after purchasing an additional 1,292,367 shares during the last quarter. Two Sigma Investments LP lifted its stake in Truist Financial by 93.9% in the 3rd quarter. Two Sigma Investments LP now owns 2,330,419 shares of the insurance provider’s stock valued at $106,547,000 after buying an additional 1,128,319 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Truist Financial by 469.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,337,200 shares of the insurance provider’s stock worth $61,137,000 after purchasing an additional 1,102,192 shares in the last quarter. Institutional investors and hedge funds own 71.28% of the company’s stock.

Truist Financial Company Profile

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.