Truist Financial reports Q3 adjusted EPS $1.04, consensus 99c

Reports Q3 revenue $5.24B, consensus $5.2B. Reports Q3 CET1 capital ratio 11%. “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. We remain focused on executing our growth strategy, which is supported by our strong capital position, the attractive markets we serve and the investments we’ve made in talent and technology. As we move forward, our clear strategic focus on growth, strong balance sheet, and purpose- driven culture positions us well to accelerate our performance, return capital to our shareholders, and drive long-term shareholder value,” said CEO Bill Rogers