Truist reports $1.16 adjusted third-quarter EPS and plans LightStream sale
Filed with the SEC on · Summarized by InvestorsBot
Truist reported third-quarter 2026 diluted EPS of $0.56, or $1.16 excluding the $1.4 billion pretax loss from repositioning its available-for-sale securities and costs tied to the Regional Acceptance Corporation loan sale; adjusted EPS rose 12% from a year earlier. On October 14, Truist agreed to sell $7.7 billion of LightStream unsecured consumer loans to Carlyle Group Inc., with closing expected in the fourth quarter of 2026, while the bank also reported $1.2 billion in share repurchases and a $0.52 quarterly dividend.