Earnings summaries and quarterly performance for TRUIST FINANCIAL.
Executive leadership at TRUIST FINANCIAL.
Board of directors at TRUIST FINANCIAL.
AB
Agnes Bundy Scanlan
Detailed
Director
BL
Bruce L. Tanner
Detailed
Director
CA
Charles A. Patton
Detailed
Director
DS
Dallas S. Clement
Detailed
Director
DS
Donna S. Morea
Detailed
Director
JS
Jennifer S. Banner
Detailed
Director
JP
Jonathan Pruzan
Detailed
Director
KD
K. David Boyer, Jr.
Detailed
Director
LS
Laurence Stein
Detailed
Director
LM
Linnie M. Haynesworth
Detailed
Director
SC
Steven C. Voorhees
Detailed
Director
TE
Thomas E. Skains
Detailed
Lead Independent Director
Research analysts who have asked questions during TRUIST FINANCIAL earnings calls.
BG
Betsy Graseck
Morgan Stanley
5 questions for TFC
Also covers: BAC, BK, C +8 more
Ebrahim Poonawala
Bank of America Securities
5 questions for TFC
Also covers: , BK, BMO +30 more
Gerard Cassidy
RBC Capital Markets
4 questions for TFC
Also covers: BAC, BK, BPOP +14 more
JP
John Pancari
Evercore ISI
4 questions for TFC
Also covers: ALLY, BFH, CFG +16 more
MO
Matthew O'Connor
Deutsche Bank
4 questions for TFC
Also covers: BAC, C, CFG +11 more
SS
Scott Siefers
Piper Sandler
3 questions for TFC
Also covers: ASB, CFG, FITBI +6 more
Erika Najarian
UBS
2 questions for TFC
Also covers: AXP, BAC, C +14 more
KU
Ken Usdin
Autonomous Research
2 questions for TFC
Also covers: BAC, BK, C +11 more
LE
L. Erika Penala
UBS
2 questions for TFC
Also covers: AXP, BAC, CFG +9 more
MM
Michael Mayo
Wells Fargo
2 questions for TFC
Also covers: BAC, BK, C +10 more
MM
Mike Mayo
Wells Fargo
2 questions for TFC
Also covers: BAC, BK, C +11 more
SA
Steven Alexopoulos
JPMorgan Chase & Co.
2 questions for TFC
Also covers: BAC, C, CFG +10 more
CM
Chris McGratty
KBW
1 question for TFC
Also covers: BAC, C, CFG +13 more
Christopher McGratty
Keefe, Bruyette & Woods
1 question for TFC
Also covers: ASB, BAC, BANC +33 more
KU
Kenneth Usdin
Jefferies
1 question for TFC
Also covers: BK, C, FITB +7 more
MO
Matt O'Connor
Deutsche Bank
1 question for TFC
Also covers: BAC, JPM, KEY +5 more
RS
R. Scott Siefers
Piper Sandler Companies
1 question for TFC
Also covers: ASB, CFG, FITB +6 more
SM
Saul Martinez
HSBC
1 question for TFC
Also covers: AXP, BAC, C +6 more
Thomas Leddy
RBC Capital Markets
1 question for TFC
Also covers: BK, BPOP, FITB +2 more
Recent press releases and 8-K filings for TFC.
Truist Financial announces new $10B share repurchase program
TFC
Share Buyback
- Truist Financial’s Board authorized a new $10 billion common stock repurchase program, effective immediately with no expiration date.
- The program replaces the prior plan, which had approximately $1.5 billion in remaining repurchase capacity.
- Repurchases may be executed via open market purchases, privately negotiated transactions, or other means (including Rule 10b5-1 plans), at management’s discretion based on factors like capital levels, regulatory requirements, and market conditions.
- Truist reported total assets of $544 billion as of September 30, 2025.
Dec 16, 2025, 8:04 PM
Truist outlines plan to achieve 15% ROTCE by 2027
TFC
Guidance Update
Share Buyback
Revenue Acceleration/Inflection
- Truist CEO Bill Rogers detailed a path to achieve a 15% ROTCE by 2027 through stronger revenue growth, higher operating leverage, and increased share repurchases.
- Revenue growth is expected to accelerate to over 4% in 2026, driven by low double-digit growth in payments and investment banking, and high-single-digit growth in wealth management.
- Loan growth remained robust in 2025 with strategic expansion in consumer and commercial portfolios; wholesale lending is poised to lead growth in 2026 as newly hired middle-market teams ramp up.
- Capital plan targets ~10% CET1 by year-end 2026 and $3–4 billion in share buybacks, with organic growth and dividends prioritized over large-scale M&A.
Dec 9, 2025, 2:20 PM
Truist CEO outlines ROTCE target and growth strategy
TFC
Guidance Update
Share Buyback
- 15% ROTCE target by 2027, driven by stronger revenue growth, operating leverage, and increased buybacks
- Growth to be fueled by higher-ROA businesses: investment banking (low double-digit CAGR), payments (double-digit growth), and a ramping wealth engine
- Loan growth momentum in 2025 from strategic net-new client focus, with consumer lending pacing early in the year and wholesale accelerating in recent quarters
- Deposit growth gaining traction via Premier banking (significant production gains) and focused reduction of higher-cost wholesale funding
- Capital priorities: support organic growth, maintain the dividend, and return $3–4 billion in share buybacks, targeting a ~10% CET1 ratio by year-end
Dec 9, 2025, 2:20 PM
Truist outlines 2026 growth and 2027 ROTCE targets
TFC
Guidance Update
Share Buyback
- Truist has shifted to offense, simplifying its model and setting a path to 15% ROTCE by 2027.
- Revenue is expected to rise by >4% in 2026, driven by NII growth, NIM expansion, and double-digit fee income from investment banking, payments, and wealth.
- After strong 2025 loan growth—led by consumer initially—Truist plans to emphasize higher-return wholesale lending in 2026.
- The deposit J-curve is catching up with lending, with a focus on client deposit growth and reducing wholesale funding to improve funding mix.
- Truist targets ~10% CET1 by year-end, supporting $3–4 billion in share buybacks and a stable dividend alongside growth.
Dec 9, 2025, 2:20 PM
Truist outlines wholesale banking growth strategy at Boston conference
TFC
Guidance Update
Hiring
Revenue Acceleration/Inflection
- Truist aims to achieve 15% ROTCE by 2027, driven by doubled revenue growth, deposit growth, and enhanced returns across wholesale and CSBB.
- The wholesale business has been integrated under a clear strategy, with top-to-bottom monthly reviews and a sense of urgency marked by 300 hires to bolster local, industry, and payments teams.
- Commercial & corporate banking, comprising $100 billion of loans and deposits, saw revamped incentives and accountability tools, doubling new client acquisitions and raising revenue per client.
- Investment banking & capital markets performance improved, with fee economics up 20%, and FX and derivatives revenue growing 25%, supported by increased dual coverage.
- Wealth management and wholesale payments show momentum: wealth AUM from Premier clients up 37%, treasury management fees up 15%, and payments penetration poised to double with peer-level offering.
Nov 6, 2025, 2:40 PM
Truist outlines wholesale banking growth strategy
TFC
- Truist has integrated its Wholesale and CSBB businesses and implemented rigorous monthly reviews and a heightened sense of urgency, hiring 300+ professionals over the past year to drive growth and efficiency.
- Commercial & Corporate Banking, with $100 billion in loans and $100 billion in deposits, has doubled new client acquisitions year-to-date and is increasing revenue per client through aligned incentives and deeper wallet share.
- The Investment Banking & Capital Markets franchise has boosted its book-runner roles and deal economics by 20% over recent years, achieved 25% growth in FX and derivatives, and plans to expand higher-return M&A and ECM fee content.
- Truist’s Wealth business manages $300 billion in client assets across 300,000 clients, reduced adviser attrition to the low single digits, and delivered 37% growth in AUM from new Premier referrals via automated referral processes.
- Wholesale Payments has launched integrated receivables, e-bill presentment, and Truist Connect, hired 35% more treasury consultants, and delivered 15% treasury fee growth, positioning the business for potential doubling with improved penetration.
Nov 6, 2025, 2:40 PM
Truist Financial redeems 4.950% Series P perpetual preferred shares
TFC
- On October 28, 2025, Truist Financial Corporation announced it will redeem all outstanding Series P depositary shares on November 13, 2025, pursuant to the optional redemption provisions.
- The redemption price is $1,000 per depositary share plus declared and unpaid dividends up to, but excluding, the redemption date, to be funded from retained earnings.
- A Redemption Notice specifying terms and procedures was mailed to holders of record on the announcement date.
Oct 28, 2025, 6:21 PM
Truist declares Q4 2025 common and preferred stock dividends
TFC
Dividends
- The Board declared a $0.52 per share quarterly cash dividend on common stock, payable December 1, 2025, to shareholders of record November 14, 2025.
- Dividends were also declared on five series of preferred stock:
- Series I: $1,220.77006 per share ($0.30519 per depositary share), record date November 14, payment December 15, 2025
- Series J: $1,249.83950 per share ($12.49840 per depositary share), record date November 14, payment December 15, 2025
- Series M: $2,562.50 per share ($25.625 per depositary share), record date November 14, payment December 15, 2025
- Series O: $328.125 per share ($0.328125 per depositary share), record date November 14, payment December 1, 2025
- Series R: $296.875 per share ($0.296875 per depositary share), record date November 14, payment December 1, 2025.
- Truist reported total assets of $544 billion as of September 30, 2025, underscoring its top-10 commercial bank status.
Oct 28, 2025, 6:08 PM
Truist reports Q3 2025 earnings results
TFC
Earnings
Guidance Update
Share Buyback
- Net income available to common shareholders of $1.348 billion and diluted EPS of $1.04; revenue of $5.238 billion, up 4.0% linked quarter.
- Average loans grew 2.5%, while average deposits declined 1.0% due to large M&A-related outflows.
- Asset quality remained solid with a net charge-off ratio of 0.48% and capital strength maintained at CET1 ratio of 11.0%.
- Repurchased $500 million of common stock in Q3 and plans $750 million in share buybacks in Q4 2025.
- Looking ahead, Q4 2025 adjusted revenue is expected to rise 1–2%, with full-year 2025 revenue growth of 1.5–2.5%, expense growth of ~1%, and an NCO ratio of ~55 bps.
Oct 17, 2025, 12:00 PM
Truist Financial reports Q3 2025 results
TFC
Earnings
Guidance Update
Share Buyback
- Truist reported Q3 2025 GAAP net income available to common shareholders of $1.3 billion, or $1.04 EPS, including $0.02 of restructuring charges.
- Adjusted revenue rose 3.7% sequentially—driven by 9.9% growth in non-interest income and 1.2% growth in net interest income—with adjusted expenses up 1%, yielding 270 bps of positive operating leverage.
- Asset quality remained strong as net charge-offs declined both quarterly and year-over-year; CET1 ratio held at 11%, with CET1 including AOCI improving 10 bps to 9.4%.
- Returned $1.2 billion to shareholders via dividends and repurchased $500 million of common stock in Q3; plans $750 million of buybacks in Q4 and $3–4 billion in 2026.
- 2026 outlook calls for revenue growth more than doubling 2025’s pace, higher operating leverage, and a 15% ROTCE target by 2027.
Oct 17, 2025, 12:00 PM
Quarterly earnings call transcripts for TRUIST FINANCIAL.
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