Truist Financial stock heads toward October 16 results
Published on 10/06/2026 at 17:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Truist Financial (ISIN US89832Q1094) was trading at USD 46.56 on the NYSE on October 6, 2026, at 11:33 a.m. ET, up 0.51 percent from USD 46.33. The bank is scheduled to report third-quarter results before the market opens on October 16, 2026, according to Truist Newsroom in its September 18, 2026 release.
Second quarter sets the benchmark
Truist reported second-quarter 2026 GAAP net income available to common shareholders of USD 1.5 billion and diluted EPS of USD 1.23, according to Fortune on July 17, 2026. EPS increased 37 percent from the second quarter of 2025 and 13 percent from the first quarter of 2026, giving the upcoming report a high comparison base.
The same earnings call showed return on tangible common equity at 15.4 percent, an increase of 310 basis points year over year. Truist also repurchased USD 1.2 billion of common stock during the quarter and continued to target USD 5.0 billion in buybacks for 2026.
Guidance now meets the market
Management expects 2026 revenue growth of 3.5 percent to 4 percent, compared with its previous 4 percent outlook, while non-interest income growth is expected at approximately 10 percent. The updated outlook places fee income and capital efficiency alongside loan growth as the main issues for the next report.
The bank expects third-quarter revenue to increase 1 percent from second-quarter revenue of USD 5.3 billion. It also expects net interest income to increase 1 percent to 1.5 percent, while deposit mix and loan spreads remain important variables for earnings quality.
Consensus leaves room above the price
According to Stock Analysis on October 5, 2026, 21 analysts held a consensus rating of Hold. The average target was USD 54.79, the median was USD 55.00, the low was USD 45.00 and the high was USD 61.00; the average target lies 17.7 percent above USD 46.56.
Recent target revisions were more cautious. MarketBeat reported on October 2, 2026, that JPMorgan lowered its target from USD 54.00 to USD 50.50 and kept an Underweight rating. That target still lies 8.5 percent above the October 6 price.
Stock remains below its yearly high
Truist Financial stock was trading at USD 46.56 on the NYSE on October 6, 2026, with an intraday range of USD 46.30 to USD 46.81. The price stood USD 9.64 below the 52-week high of USD 56.20 and USD 5.78 above the low of USD 40.78, while market capitalization was USD 58.0 billion.
Truist Financial stock facts
- Company: Truist Financial Corporation
- ISIN: US89832Q1094
- Ticker: TFC
- Trading venue: NYSE
- Price (as of October 6, 2026, 11:33 a.m. ET): USD 46.56
- Market capitalization: USD 58.0 billion (as of October 6, 2026)
- 52-week range: USD 40.78-56.20 (as of October 6, 2026)
- Sector / Industry: Financial Services / Banks - Regional
Upcoming dates for Truist Financial stock
- October 16, 2026: Third-quarter 2026 results before the market opens
