Truist Financial (TFC) Q3 2025 Earnings
Reported Oct 17, 2025 at 6:30 AM ET · SEC Source
Q3 25 EPS
$1.04
BEAT +4.72%
Est. $0.99
Q3 25 Revenue
$5.19B
MISS 0.21%
Est. $5.20B
vs S&P Since Q3 25
+11.4%
BEATING MARKET
TFC +23.5% vs S&P +12.1%
Market Reaction
Did TFC Beat Earnings? Q3 2025 Results
Truist Financial posted a solid third quarter, with earnings per diluted share of $1.04 beating the $0.99 consensus estimate by 4.72%, even as revenue of $5.19 billion came in fractionally below the $5.20 billion forecast. The headline revenue figure… Read more Truist Financial posted a solid third quarter, with earnings per diluted share of $1.04 beating the $0.99 consensus estimate by 4.72%, even as revenue of $5.19 billion came in fractionally below the $5.20 billion forecast. The headline revenue figure reflected a 33.8% year-over-year decline, largely a function of portfolio reshaping in prior periods, but the sequential story was more constructive, with taxable-equivalent revenue climbing 4.0% linked-quarter. The primary engine was a 57.6% surge in investment banking and trading income to $323.00 million, complemented by record wealth management income of $374.00 million. Loan growth proved broad-based, with average held-for-investment loans rising 2.5% sequentially to $320.49 billion, while credit quality improved as the net charge-off ratio declined to 0.48%. Institutional investors have taken note of the momentum, with several funds adding to positions around the print. Looking ahead, management guided for Q4 adjusted revenue growth of 1-2%, approximately $750.00 million in buybacks, and a longer-term target of 15% ROTCE by 2027.
Key Takeaways
- • Strong fee income growth in investment banking and trading (up 57.6% linked quarter) and wealth management (up 7.5%)
- • Broad-based loan growth of 2.5% linked quarter across commercial and consumer portfolios
- • Fixed-rate asset repricing supporting net interest income growth
- • Disciplined expense management with adjusted efficiency ratio of 55.7%
- • Improving credit quality with net charge-off ratio declining to 0.48% from 0.51%
TFC YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
TFC Revenue by Segment
With YoY comparisons, source: SEC Filings
“Truist delivered strong third-quarter results, underscored by robust fee income growth in investment banking and trading and wealth, healthy loan expansion, and continued expense and credit discipline. These results reflect the strength of our diversified business model and the momentum we're seeing across our company.”
— Bill Rogers, Q3 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% |