Truist's third-quarter profit rises on robust wealth management and interest income

Core Insights - Truist Financial reported an increase in third-quarter profit, attributed to a robust wealth management segment and higher interest income, resulting in a 2% rise in shares during premarket trading [1] Financial Performance - The third-quarter profit of Truist Financial saw a notable rise, indicating strong performance in its financial operations [1] - The wealth management segment played a significant role in driving profit growth, highlighting its importance to the company's overall strategy [1] - Increased interest income contributed positively to the financial results, reflecting favorable market conditions [1]