Truist Financial Corporation ( (TFC) ) has released its Q3 earnings. Here is a breakdown of the information Truist Financial Corporation presented to its investors.
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Truist Financial Corporation is a major financial services company based in Charlotte, North Carolina, offering a diverse range of products and services across consumer and commercial banking, investment banking, wealth management, and more. As of September 30, 2025, the company holds total assets of $544 billion, positioning it as a top-10 commercial bank in the United States.
In its third-quarter 2025 earnings report, Truist Financial Corporation reported a net income available to common shareholders of $1.3 billion, or $1.04 per diluted share. The company highlighted a 4% increase in total taxable-equivalent revenues, driven by growth in investment banking, trading income, and wealth management, alongside a robust loan expansion.
Key financial metrics for the quarter include a 2.5% increase in average loans held for investment, reaching $320.5 billion, and a 1.0% decrease in average deposits. Noninterest income rose by 11% compared to the previous quarter, primarily due to higher investment banking and trading income. The company also repurchased $500 million in common shares, maintaining strong capital levels with a CET1 ratio of 11.0%.
Despite a slight increase in nonperforming assets, Truist’s asset quality remained solid, with a net charge-off ratio of 0.48%, down from the previous quarter. The provision for credit losses decreased to $436 million, reflecting a lower allowance build. Truist’s management emphasized the strength of its diversified business model and its strategic focus on growth, supported by a strong capital position and investments in talent and technology.
Looking ahead, Truist Financial Corporation remains committed to executing its growth strategy, leveraging its strong balance sheet and purpose-driven culture to enhance performance, return capital to shareholders, and drive long-term shareholder value.