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Update: Truist Financial Q3 Adjusted Earnings Rise, Revenue Falls

Update: Truist Financial Q3 Adjusted Earnings Rise, Revenue Falls

MT newswireMT newswire2026/10/16 11:11
07:11 AM EDT, 10/16/2026 (MT Newswires) -- (Updates with details of Lightstream assets sale in the fifth paragraph.) Truist Financial (TFC) reported Q3 adjusted earnings Friday of $1.16 per diluted share, up from $1.04 a year earlier. Analysts polled by FactSet expected $1.19. Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $3.75 billion, compared with $5.19 billion a year earlier. Shares of the company were down over 1% in Friday premarket activity. Truist recently signed a deal to sell $7.7 billion of loans representing the assets of lending platform Lightstream to Carlyle (CG), the company said. Shares of the company were down 2.5% in recent premarket activity.
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