Truist Financial (TFC) Q4 2025 Earnings
Reported Jan 21, 2026 at 6:31 AM ET · SEC Source
Q4 25 EPS
$1.00
MISS 8.50%
Est. $1.09
Q4 25 Revenue
$5.25B
MISS 1.33%
Est. $5.32B
vs S&P Since Q4 25
-4.5%
TRAILING MARKET
TFC +4.1% vs S&P +8.7%
Full Year 2025 Results
FY 25 EPS
$3.82
FY 25 Revenue
$20.32B
Market Reaction
Did TFC Beat Earnings? Q4 2025 Results
Truist Financial delivered a disappointing finish to 2025, missing Wall Street expectations on both the top and bottom lines as a legal settlement accrual weighed heavily on results. The Charlotte-based bank posted Q4 earnings of $1.00 per diluted sh… Read more Truist Financial delivered a disappointing finish to 2025, missing Wall Street expectations on both the top and bottom lines as a legal settlement accrual weighed heavily on results. The Charlotte-based bank posted Q4 earnings of $1.00 per diluted share, falling 8.50% short of the $1.09 consensus estimate, while revenue of $5.25 billion came in 1.33% below the $5.32 billion analysts had expected and slid 31.4% from a year ago. The primary culprit was a $130 million pre-tax legal accrual tied to the Bickerstaff v. SunTrust Bank settlement, which alone clipped earnings by $0.08 per share, alongside $63 million in severance-related charges. Stripping out those items, the underlying picture looked considerably better, with the adjusted efficiency ratio improving to 54.9%. Net interest margin held firm at 3.07% and average loans grew 1.3% sequentially to $324.80 billion, providing a constructive foundation. Management guided for full-year 2026 revenue growth of 4% to 5% and approximately $4 billion in share repurchases, reaffirming its 15% ROTCE target by 2027.
Key Takeaways
- • Broad-based loan growth of 1.3% sequentially driven by commercial and industrial and CRE portfolios
- • Net interest income growth of 1.9% sequentially driven by loan and deposit growth and fixed rate asset repricing
- • Net interest margin improved 6 basis points sequentially to 3.07%
- • Investment banking and trading income increased 27.9% year-over-year driven by higher M&A fees and capital markets activity
- • Deposit cost of 1.64% declined 20 basis points sequentially
- • Adjusted efficiency ratio improved to 54.9%, down 280 basis points year-over-year
- • Positive operating leverage delivered for the full year 2025
TFC YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
TFC Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered strong, purpose-driven performance in 2025 by deepening client relationships, enhancing operational efficiency, investing in talented teammates and innovative technology, and increasing capital return to shareholders. Through disciplined risk management and sound governance, we strengthened our foundation and positioned Truist for sustainable growth.”
— Bill Rogers, Q4 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% |