Earnings ·
Truist reports Q3 diluted EPS of $0.56, adjusted $1.16; signs deal to sell LightStream loans to Carlyle for $7.2B
TFCTruist Financial Corp
Truist Financial Corporation reported third-quarter 2026 results with diluted earnings per share of $0.56 and adjusted diluted EPS of $1.16, up 12% from the prior year period. The quarter included a $1.4 billion pre-tax loss on available-for-sale securities repositioning and costs associated with the Regional Acceptance Corporation loan sale. Truist also signed an agreement to sell approximately $7.7 billion of unsecured consumer loans comprising its LightStream platform to Carlyle Group Inc., expected to generate $7.2 billion in net proceeds and create roughly 20 basis points of CET1 capital. The company returned $1.8 billion to shareholders through dividends and share repurchases, while maintaining a preliminary CET1 ratio of 10.7%. Truist Financial Corporation is a major U.S. financial services provider offering commercial banking, wealth management, and consumer lending products.