For the quarter ended March 2026, Truist Financial Corporation (TFC) reported revenue of $5.15 billion, up 5.2% over the same period last year. EPS came in at $1.09, compared to $0.87 in the year-ago quarter.
The reported revenue represents a surprise of +0.24% over the Zacks Consensus Estimate of $5.14 billion. With the consensus EPS estimate being $0.99, the EPS surprise was +9.96%.
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: Net interest margin: 3% versus the five-analyst average estimate of 3.1%. Net charge-offs as a percentage of average loans and leases: 0.6% versus 0.6% estimated by four analysts on average. Total nonperforming assets: $1.79 billion versus the four-analyst average estimate of $2 billion. Efficiency ratio-unadjusted: 57.9% compared to the 58% average estimate based on four analysts. Book Value Per Share (BVPS): $47.60 compared to the $48.14 average estimate based on four analysts. Average balance - Total earning assets: $486.35 billion compared to the $486.14 billion average estimate based on four analysts. Total nonaccrual loans and leases: $1.72 billion versus $2.06 billion estimated by three analysts on average. Tier 1 Capital Ratio: 11.9% versus 11.8% estimated by two analysts on average. Tier 1 Leverage Ratio: 9.9% versus the two-analyst average estimate of 9.9%. Total Noninterest Income: $1.55 billion versus the five-analyst average estimate of $1.51 billion. Net interest income (FTE): $3.64 billion versus $3.66 billion estimated by four analysts on average. Net interest income (expense): $3.6 billion compared to the $3.62 billion average estimate based on four analysts.View all Key Company Metrics for Truist Financial here>>>
Shares of Truist Financial have returned +12.7% over the past month versus the Zacks S&P 500 composite's +5.2% 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.#1 Semiconductor Stock to Buy (Not NVDA)
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Truist Financial Corporation (TFC): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).