Truist Financial Corporation (TFC) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.41%. A quarter ago, it was expected that this company would post earnings of $0.99 per share when it actually produced earnings of $1.04, delivering a surprise of +5.05%.Over the last four quarters, ...

Core Viewpoint - Truist Financial's fourth-quarter earnings fell short of analyst expectations, yet the company's shares rose approximately 2% intra-day, indicating market resilience despite disappointing results [1]. Financial Performance - Truist reported a net income available to common shareholders of $1.29 billion, equating to $1.00 per diluted share, which missed estimates of $1.09 per share [2]. - The bank's revenue totaled $5.25 billion, below the consensus forecast of $5.31 billion [2]. - The results were negatively impacted by a $130 million legal accrual and $63 million in severance costs, which collectively reduced earnings by $0.12 per share [2]. Underlying Trends - Despite the headline miss, the bank reported improving underlying trends, with net interest income increasing by 1.9% sequentially to $3.75 billion [3]. - The net interest margin expanded by six basis points to 3.07% [3]. - Average loans held for investment grew by $4.3 billion, or 1.3%, reflecting broad-based loan growth [3]. - Compared to the year-ago period, revenue rose by 5.2% from $5.06 billion [3].

Key insight: Truist's fourth-quarter earnings were hurt by $130 million in legal-related fees and $63 million in severance costs. What's at stake: As part of the settlement agreement related to a court case involving overdraft fees, the bank has agreed to pay up to $240 million. Forward look: Truist Chief Financial Officer Mike Maguire said restructuring charges should be "lower in 2026, modestly," though there will still be severance-related costs. Truist Financial has agreed to pay up to $240 millio ...

Core Viewpoint - Truist Financial's fourth-quarter 2025 adjusted earnings of $1.12 per share exceeded expectations, but shares fell nearly 2% in pre-market trading despite the positive results [1]. Financial Performance - Adjusted earnings per share for 2025 were $3.82, missing the Zacks Consensus Estimate of $3.92, but increased by 13.7% year over year [4]. - Total revenues for the fourth quarter were $5.25 billion, a 3.7% year-over-year increase, but fell short of the Zacks Consensus Estimate of $5.27 billion [5]. - Full-year revenues reached $20.32 billion, up 53% year over year, but also missed the Zacks Consensus Estimate of $20.38 billion [5]. - Net interest income (NII) for the quarter was $3.75 billion, a 3% increase year over year, with a net interest margin (NIM) of 3.07%, unchanged from the prior year [5]. Income and Expenses - Non-interest income was $1.55 billion, reflecting a 5.2% year-over-year increase, driven by various fee income sources [6]. - Non-interest expenses rose to $3.17 billion, up 4.4% year over year, primarily due to higher personnel and other expenses [6]. - The adjusted efficiency ratio improved to 54.9%, down from 57.7% in the prior-year quarter, indicating enhanced profitability [7]. Credit Quality - Provision for credit losses was $512 million, an 8.7% increase from the prior year, while total non-performing assets (NPAs) rose to $1.63 billion, up 10.6% year over year [8]. - Net charge-offs were 0.57% of average loans and leases, a decrease of 2 basis points from the prior year [8]. - The allowance for loan and lease losses was 1.53% of total loans, down 6 basis points year over year [9]. Capital Ratios and Share Repurchases - Return on average common equity was 8.5%, slightly up from 8.4% in the fourth quarter of 2024 [10]. - The Tier 1 risk-based capital ratio was 11.9%, down from 12.9% in the prior year, while the common equity Tier 1 ratio was 10.8%, down from 11.5% [10]. - Truist Financial repurchased shares worth $750 million during the reported quarter [11]. Outlook - The company expects decent loan demand and ongoing business restructuring initiatives to support its top line, although elevated expenses pose a significant challenge [12].

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Shares of Truist Financial Corporation ( TFC ) have been a modest performer over the past year, gaining just about 3%. While the company has one of the most compelling geographic footprints across the Southeast, growth hasOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Discl ...

Shares of Truist Financial Corporation ( TFC ) have been a modest performer over the past year, gaining just about 3%. While the company has one of the most compelling geographic footprints across the Southeast, growth hasOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Discl ...

Financial Performance - Truist Financial reported fourth-quarter 2025 net income of $1.3 billion, or $1.00 per diluted share, and full-year 2025 net income of $5.0 billion, or $3.82 per diluted share [1] - The company aims for a 15% return on tangible common equity (ROTCE) by 2027 and targets 14% ROTCE for 2026 [2] Charges and Expenses - The fourth-quarter results included a $130 million charge, or $0.08 per share after tax, related to a settlement agreement, along with additional charges totaling $0.12 per share for the quarter and $0.18 per share for the year [3] - GAAP non-interest expense increased by 5.2% sequentially, primarily due to legal accrual and higher personnel expenses, although excluding these factors, non-interest expense declined by about 0.3% from the prior quarter [4] Business Segment Performance - Consumer and small business loans grew by 5% on average, with average deposits increasing by 1%, supported by indirect auto and specialty lending platforms [5] - Truist added 77,000 new digital clients in the fourth quarter, a 10% year-over-year increase, and reported a full-year digital production growth of 9% [6]

Truist Financial (NYSE:TFC) Q4 2025 Earnings call January 21, 2026 08:00 AM ET Company ParticipantsBrad Milsaps - Head of Investor RelationsMatt O'Connor - Managing DirectorBill Rogers - Chairman and CEOGerard Cassidy - Managing DirectorKen Usdin - Managing DirectorBetsy Graseck - Managing DirectorChristopher McGratty - Managing DirectorEbrahim Poonawala - Managing DirectorJohn Pancari - Senior Managing DirectorRyan Nash - Managing DirectorSaul Martinez - Head of US Financials ResearchMichael Maguire - Chie ...

Truist Financial (NYSE:TFC) Q4 2025 Earnings call January 21, 2026 08:00 AM ET Company ParticipantsBrad Milsaps - Head of Investor RelationsMatt O'Connor - Managing DirectorBill Rogers - Chairman and CEOGerard Cassidy - Managing DirectorKen Usdin - Managing DirectorBetsy Graseck - Managing DirectorChristopher McGratty - Managing DirectorEbrahim Poonawala - Managing DirectorJohn Pancari - Senior Managing DirectorRyan Nash - Managing DirectorSaul Martinez - Head of US Financials ResearchMichael Maguire - Chie ...