Truist 3Q26 net income falls 45% year over year to $799 million

Bitget2026/10/16 10:26

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Truist’s third-quarter 2026 diluted EPS fell 46% year over year to $0.56.
Revenue dropped 28% year over year to $3.75 billion; securities losses totaled $1.45 billion.
Credit losses swung to a $253 million benefit from a provision a year earlier, driven by the RAC loan sale’s reserve release.
An October 14 agreement calls for selling $7.7 billion of unsecured consumer loans, representing substantially all LightStream assets, to Carlyle Group.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Truist Financial Corporation published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Truist 3Q26 net income falls 45% year over year to $799 million

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