Truist Financial (TFC) Q2 2025 Earnings
Reported Jul 18, 2025 at 6:03 AM ET · SEC Source
Q2 25 EPS
$0.91
MISS 2.02%
Est. $0.93
Q2 25 Revenue
$4.99B
MISS 0.88%
Est. $5.03B
vs S&P Since Q2 25
+1.2%
BEATING MARKET
TFC +19.9% vs S&P +18.7%
Market Reaction
Did TFC Beat Earnings? Q2 2025 Results
Truist Financial delivered a modestly disappointing second quarter, with adjusted earnings per share of $0.91 missing the $0.93 consensus estimate by 2.02% and revenue of $4.99 billion coming in 0.88% below the $5.03 billion Wall Street had anticipat… Read more Truist Financial delivered a modestly disappointing second quarter, with adjusted earnings per share of $0.91 missing the $0.93 consensus estimate by 2.02% and revenue of $4.99 billion coming in 0.88% below the $5.03 billion Wall Street had anticipated, though the company's top line surged 337.8% year over year. The primary engine behind the quarter was taxable-equivalent net interest income, which climbed 2.3% sequentially to $3.63 billion, fueled by 2.0% average loan growth and a net interest margin of 3.02%, as broad-based gains across commercial, residential mortgage, and consumer portfolios pushed end-of-period loans to $318.80 billion. Asset quality provided a meaningful bright spot, with net charge-offs falling to 0.51% from 0.60% and nonperforming loans declining to just 0.39% of held-for-investment loans. Looking ahead, management guided third-quarter adjusted revenue growth of 2.5% to 3.5% sequentially, and the bank's ongoing push to build out talent in payments, wealth, and premier banking signals confidence that the second half can regain momentum, particularly in investment banking.
Key Takeaways
- • Strategic loan growth across C&I and consumer portfolios, with average loans up 2.0% linked quarter
- • Higher net interest income up 2.3% on a taxable-equivalent basis
- • Net charge-off ratio improved to 0.51% from 0.60% in prior quarter
- • Consumer new loan production of ~$13 billion, up $5.5 billion year-over-year
- • Doubled new client growth in Commercial & Corporate year-to-date
- • 14% year-over-year growth in treasury management fees in Wholesale Payments
- • Digital new-to-bank client acquisition grew 27% year-over-year
TFC YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
TFC Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered strong second-quarter results, driven by strategic loan growth and higher net interest income derived from continued strong production from our business. Our performance reflects the value of our client-centric business model and momentum in our strategy, as we see tangible results from investments we have made in talent and technology across our platforms.”
— Bill Rogers, Q2 2025 Earnings Press Release
TFC Earnings Trends
TFC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TFC EPS Trend
Earnings per share: estimate vs actual
TFC Revenue Trend
Quarterly revenue: estimate vs actual
TFC Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.00 | $1.09 | +8.98% | $5.15B | -0.63% |
| Q4 25 MISS FY | $1.09 | $1.00 | -8.50% | $5.25B | -1.33% |
| FY Full Year | — | $3.82 | — | $20.32B | — |
| Q3 25 BEAT | $0.99 | $1.04 | +4.72% | $5.19B | -0.21% |
| Q2 25 MISS | $0.93 | $0.91 | -2.02% | $4.99B | -0.88% |