Truist Financial Posts Higher 4Q Profit, Revenue

Dow Jones
Jan 21

By Connor Hart

 

Truist Financial logged higher profit and revenue in the fourth quarter, boosted by higher net interest income and noninterest income.

The Charlotte, N.C., bank on Wednesday posted a profit of $1.35 billion for its quarter ended Dec. 31, compared with $1.28 billion a year earlier. Quarterly earnings came in at $1 a share, below the $1.09 a share that analysts surveyed by FactSet expected.

The recent quarter included a $130 million charge stemming from a settlement agreement, as well as $63 million in charges tied to severance, which combined dinged earnings by 12 cents a share.

Revenue rose 3.7% to $5.25 billion, just below Wall Street models for $5.31 billion. Net interest income climbed 3% to $3.75 billion on a taxable equivalent basis.

Noninterest income increased 5.2% to $1.55 billion, which Truist attributed primarily to higher investment banking and trading income and wealth management income.

Chief Executive Bill Rogers said the company will build on its established momentum in the coming year, focusing on the execution of its growth initiatives.

Shares fell 3.5% to $47.44 in premarket trading.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

January 21, 2026 06:54 ET (11:54 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10