Truist posts Q3 2026 adjusted EPS beat but revenue miss after loan and securities sales
Truist Financial reported adjusted diluted earnings per share of $1.16 for the quarter ended September 30, 2026, beating analyst expectations. Taxable‑equivalent revenue was $3.79 billion, well below consensus of $5.35 billion, reflecting a $1.45 billion loss on available‑for‑sale securities and a $66 million loss on the Regional Acceptance Corporation loan sale. The bank also signed an agreement to sell $7.7 billion of LightStream unsecured consumer loans to Carlyle Group.
Why it matters
The revenue shortfall may pressure Truist’s valuation despite the earnings beat, as noted by analysts who highlighted the miss. Shares fell 2.53% in pre‑market trading following the release.
Key facts
- 1Adjusted diluted EPS (non‑GAAP) was $1.16 per share, up 12% YoY. sec.gov
- 2GAAP diluted EPS was $0.56 per share. sec.gov
- 3Taxable‑equivalent revenue was $3.79 billion. investing.com
- 4Reported revenue (GAAP) was $3.75 billion. investing.com
- 5Loss on the sale of available‑for‑sale securities was $1.45 billion. investing.com
- 6Loss on the Regional Acceptance Corporation loan sale was $66 million. investing.com
Open questions
- Material 5 reports Q3 EPS of $1.42, conflicting with the $1.16 adjusted EPS reported in other sources.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.