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Truist Financial (TFC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 16, 2026

Before Open (Confirmed)

Period Ending

2027 (Q2)

Consensus EPS Forecast

1.08

Last Year’s EPS

0.9

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 13 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 17, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed solid execution and momentum across fees, capital returns and profitability metrics (EPS +25% YoY, ROTCE improvement, strong investment banking/trading growth, increased share repurchases and a lower effective tax rate). Offsetting risks include pressure on net interest income and margin driven by day-count effects, deposit competition and revised Fed rate expectations, modest near-term expense increases, and small upticks in credit metrics tied partly to reporting changes. Management reaffirmed 2026–2027 ROTCE targets and set a long-term 16%–18% ROTCE ambition, emphasizing disciplined capital allocation and digital/AI productivity initiatives. Overall, positives (earnings, fee growth, buybacks, capital targets) materially outweigh the headwinds (NII pressure, deposit competition, modest credit and expense increases).

Company Guidance

Truist updated 2026 guidance with taxable-equivalent net interest income now expected to grow 2%–3% (vs. prior 3%–4%), average loan growth of ~3%–4% and average deposit growth in the low single digits; noninterest income is now expected to grow high single digits (vs. mid–high single digits prior), GAAP noninterest expense to rise about 1.75% for the year, and revenue to land at the low end of the prior 4%–5% range while overall EPS/earnings expectations remain unchanged. They expect net charge-offs of about 55 bps in 2026, an effective tax rate of roughly 14.5% GAAP (≈16.5% TE), a full-year $5.0 billion share repurchase program (Q1 repurchases $1.1B; targeting ~$1.2B in Q2), and a CET1 ratio of 10.8% (stable Q/Q); under the proposed Basel III rules they estimate RWAs could decline ~9% (standardized) or ~11% (ERBA). For Q2 they expect revenue roughly flat vs. Q1’s $5.2B, NII to rise ~1% Q/Q (one extra day, higher client deposits), noninterest income to decline ~1% Q/Q (lower Investment Banking & Trading), and noninterest expense to increase ~3%–4% Q/Q (Q1 expense ~$3.0B); NIM was 3.02% in Q1 (down 5 bps Q/Q) and management expects 2026 average NIM to exceed 2025’s 3.03% but not reach the “3‑teens” exit this year, and they retain targets of ~14% ROTCE in 2026, 15% in 2027 and 16%–18% over 3–5 years.

Strong Earnings and EPS Growth

GAAP net income available to common shareholders of $1.4 billion and diluted EPS of $1.09, up 25% year-over-year and up 9% versus the prior quarter.

Improving Return on Tangible Common Equity (ROTCE)

ROTCE improved to 13.8%, a 150 basis point increase year-over-year; reiterated 2026 target of 14% ROTCE, 15% in 2027, and introduced a long-term ROTCE target of 16%–18% over 3–5 years.

Positive Operating Leverage

Delivered 250 basis points of year-over-year positive operating leverage driven by loan growth, fee growth and disciplined expense control.

Loan and Deposit Growth in Priority Areas

Average loans held for investment increased $2.3 billion (0.7% linked quarter) to $327 billion; average commercial loans rose 1.8% linked quarter and Wholesale average loans and deposits rose 9% and 2% year-over-year, respectively; middle market deposits grew 11% year-over-year (7% legacy, 30% expansion markets).

Investment Banking & Trading and Fee Momentum

Investment Banking and Trading revenue increased to $372 million, up 11% linked quarter and 36% year-over-year (highest quarterly revenue since 2021); noninterest income rose 11.6% year-over-year with Wealth Management up 7.6%.

Capital Return and CET1 Stability

Repurchased $1.1 billion of common stock in Q1, targeting $1.2 billion in Q2 and roughly $5 billion for 2026 (up from $4 billion prior expectation); CET1 ratio stable at 10.8% quarter-over-quarter.

Lower Effective Tax Rate

Effective tax rate of 12.4% in Q1 versus 17.9% in Q1 2025, driven in part by client transaction activity in project finance; management expects an effective tax rate near ~14.5% (16.5% on a taxable-equivalent basis) for 2026.

Digital and AI Adoption Supporting Productivity

Digital new-to-bank share rose to 45% with Gen Z and millennials >50% of growth; AI deployments (Truist Insights, Truist Assist, AI-enabled call summarization) improving client engagement, service automation and agent productivity.

Asset Quality and NDFI Disclosure

Management reports generally strong asset quality and expanded NDFI disclosure: NDFI loans represent 12% of total loans, well-diversified across 35 asset classes with structural protections; private credit exposure ~1% of loans and cited as conservatively underwritten.

Truist Financial (TFC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TFC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 16, 2026	2027 (Q2)	1.08 / -	0.9	―	―	―
Apr 17, 2026	2026 (Q1)	1.00 / 1.09	0.87	25.29% (+0.22)
Jan 21, 2026	2025 (Q4)	1.09 / 1.00	0.91	9.89% (+0.09)
Oct 17, 2025	2025 (Q3)	0.99 / 1.04	0.99	5.05% (+0.05)
Jul 18, 2025	2025 (Q2)	0.92 / 0.90	0.62	45.16% (+0.28)
Apr 17, 2025	2025 (Q1)	0.87 / 0.87	0.81	7.41% (+0.06)
Jan 17, 2025	2024 (Q4)	0.88 / 0.91	-3.85	123.64% (+4.76)
Oct 17, 2024	2024 (Q3)	0.91 / 0.99	0.8	23.75% (+0.19)
Jul 22, 2024	2024 (Q2)	0.62 / 0.62	0.92	-32.61% (-0.30)
Apr 22, 2024	2024 (Q1)	0.78 / 0.81	1.05	-22.86% (-0.24)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TFC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 17, 2026	$48.91	$50.04	+2.31%
Jan 21, 2026	$48.14	$49.00	+1.79%
Oct 17, 2025	$39.79	$41.25	+3.67%
Jul 18, 2025	$43.06	$42.33	-1.69%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.