earnings
confidence high
sentiment positive
materiality 0.75
Truist Q1 2026 net income $1.48B, EPS $1.09 (+25% YoY); sets long-term ROTCE target of 16-18%
TRUIST FINANCIAL CORP
2026-Q1 EPS reported
$1.09
- Net income available to common shareholders $1.38B ($1.09 EPS), up 25% from $0.87 in 1Q25.
- Returned $1.8B to shareholders via $1.1B share repurchases and $0.52 dividend per share.
- Total revenue - TE $5.20B, up 5% YoY; net interest income - TE $3.64B; noninterest income $1.55B.
- Efficiency ratio improved to 57.9% from 59.3% YoY; CET1 ratio stable at 10.8%.
- New long-term ROTCE target of 16%-18%; ROTCE was 13.8% in Q1.
item 2.02item 9.01