Shares of Truist Financial Corporation (NYSE:TFC) climbed 4.41% in premarket trading on Friday after the bank delivered third-quarter 2025 results that topped analyst expectations, powered by surging fee income and steady loan growth.
The Charlotte-based bank reported net income available to common shareholders of $1.35 billion, or $1.04 per diluted share, exceeding the consensus estimate of $0.99. Total revenue reached $5.24 billion on a taxable-equivalent basis, a 4.0% increase from the prior quarter.
Noninterest income jumped 11.3% quarter over quarter to $1.56 billion, supported by a 57.6% rise in investment banking and trading income and a 7.5% gain in wealth management income. This strong performance offset a modest 1.2% increase in net interest income, which totaled $3.68 billion.
“Truist delivered strong third-quarter results, underscored by robust fee income growth in investment banking and trading and wealth, healthy loan expansion, and continued expense and credit discipline,” said Bill Rogers, Truist Chairman & CEO.
Average loans held for investment grew $7.9 billion, or 2.5%, quarter over quarter, reflecting broad-based loan growth across both commercial and consumer segments. Asset quality remained stable, with the net charge-off ratio improving to 0.48% from 0.51% in the second quarter.
The bank ended the quarter with a solid CET1 capital ratio of 11.0%. It repurchased $500 million in common shares and declared a quarterly dividend of $0.52 per share, representing a 50% dividend payout ratio and a total payout ratio of 87%.
Truist’s efficiency ratio improved to 55.7% on an adjusted basis, down from 57.1% in Q2, as cost control measures continued to deliver results despite a slight 0.9% increase in noninterest expenses.
Looking ahead, the bank highlighted its commitment to executing its growth strategy, leveraging its strong capital position and ongoing investments in talent and technology.
Truist Financial Corporation stock price
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