Truist Financial Corporation (TFC) reported $5.27 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 5.6%. EPS of $1.23 for the same period compares to $0.91 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $5.21 billion, representing a surprise of +1.02%. The company delivered an EPS surprise of +13.89%, with the consensus EPS estimate being $1.08.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Truist Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency ratio-unadjusted: 58% versus the four-analyst average estimate of 59%. Net interest margin: 3% compared to the 3% average estimate based on four analysts. Net charge-offs as a percentage of average loans and leases: 0.5% versus the three-analyst average estimate of 0.5%. Total nonperforming assets: $1.75 billion versus the three-analyst average estimate of $2.23 billion. Book Value Per Share (BVPS): $48.04 compared to the $48.13 average estimate based on three analysts. Total nonaccrual loans and leases: $1.69 billion versus $2.16 billion estimated by three analysts on average. Average balance - Total earning assets: $492.46 billion versus $488.41 billion estimated by three analysts on average. Tier 1 Capital Ratio: 12.2% versus 11.9% estimated by two analysts on average. Tier 1 Leverage Ratio: 9.8% versus the two-analyst average estimate of 9.8%. Total Noninterest Income: $1.64 billion versus $1.56 billion estimated by four analysts on average. Net interest income (expense): $3.62 billion versus the four-analyst average estimate of $3.63 billion. Net interest income (FTE): $3.67 billion versus $3.68 billion estimated by three analysts on average.View all Key Company Metrics for Truist Financial here>>>
Shares of Truist Financial have returned +10.2% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 Days
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Truist Financial Corporation (TFC): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).