Truist Financial Corporation (TFC) — Fundamental Analysis & Key Financial Ratios

Kaplio's reading: Truist Financial Corporation

Updated on October 18, 2026 · accounts published on October 16, 2026

Reading of October 16, 2026: A well-capitalised bank whose profitability sits just short of its sector's targets

Truist Financial trades at 0.9× book value over the last 12 months, with a P/E of 12.1, 9 % below the median of its sector.

• Is Truist Financial expensive or cheap? Its P/E of 12.1 sits 9 % below the sector median and 5 % below its own ten-year median of 12.8.
• How is the business doing? Revenue grew 26 % over the last 12 months, while EPS rose a slower 14 % and the net margin stands at 18 %.
• Is Truist Financial an efficient, well-capitalised bank? Capital equals 11.9 % of assets (fiscal 2025), well above the 8 % bar, but ROA of 0.9 % sits just under the healthy 1 %.
• How strong is the balance sheet? The dividend yields 4.4 % over the last 12 months and has risen for 11 consecutive years, with a 56 % payout in fiscal 2025.
• What to expect from the next earnings? Analysts expect EPS of $1.21 for the report due January 20, 2027, after a $1.16 beat on October 16, 2026.

Is Truist Financial expensive or cheap?

Truist Financial trades at 0.9× book value over the last 12 months. That is below the 1.3× considered healthy for a bank with its 11.3 % ROTCE (fiscal 2025). A discount to book on a mid-range return points to modest market expectations. Its P/E of 12.1 over the last 12 months is 5 % below its ten-year median of 12.8 and 9 % below the sector median of 13.4. Over the past decade it traded cheaper 42 % of the time, close to the middle of its history. The shares are up 18 % in 12 months but remain 14 % below their 52-week high of $55.81.

How is the business doing?

Revenue grew 26 % over the last 12 months and EPS rose 14 %, so the top line is expanding faster than per-share earnings. Part of the revenue increase did not reach shareholders as higher profit per share. A net margin of 18 % over the same period still shows a solid share of revenue reaching the bottom line. Return on equity of 8.1 % over the last 12 months is modest for a business growing this fast: the bank needs a large equity base to produce its earnings, which is the main limit on its returns today.

Is Truist Financial an efficient, well-capitalised bank?

Banks are funded mostly with borrowed money, so P/E and ROE alone can flatter results or hide risk. Balance sheet quality, efficiency and capital say more. On capital, Truist Financial passes clearly: equity equals 11.9 % of assets in fiscal 2025, against a robust threshold of 8 %. Efficiency is the weak spot. ROA of 0.9 % over the last 12 months sits just below the 1 % considered healthy, and ROTCE of 11.3 % in fiscal 2025 falls short of the 12 % pass mark and the 15 % that counts as excellent. The bank is solid but earns slightly less on its assets than a strong peer should.

How strong is the balance sheet?

The 4.4 % dividend yield over the last 12 months sits comfortably inside the range considered sustainable for a bank: above 2 % and far from the 8 % level that usually signals stress. Truist Financial has raised its dividend per share for 11 consecutive fiscal years through 2025, and a payout of 56 % of earnings in fiscal 2025 leaves room to keep that record without straining profits. Capital of 11.9 % of assets backs the distribution. A yield above 4 % on a bank priced at 0.9× book means shareholders collect meaningful income on equity the market values below its accounting worth.

What to expect from the next earnings?

On October 16, 2026, Truist Financial reported EPS of $1.16 against $1.14 expected, a 1.8 % beat, and it has topped EPS estimates in 5 of the last 8 quarters. For the next report, due January 20, 2027, analysts expect $1.21. The 2026 EPS consensus has risen 1.4 % in the last 30 days, from $4.63 to $4.70 across 10 analysts, while the 2026 revenue consensus fell 1.2 %, so estimates point to earnings holding up better than sales. Of 54 analysts, 27 rate the stock a buy, 24 a hold and 3 a sell: a positive but divided view.

How this was prepared: the data comes from companies' official filings, collected by a professional provider, and from Kaplio's analysis engine (trailing-12-month ratios, 10 years of history and sector medians computed across US-listed companies). The text is written from that data alone, every figure is checked against it before publication, and it is reviewed when the company reports results. This is not investment advice.