net income $1.48B. Truist Q1 2026: EPS up 25%, buybacks double, new capital rules proposed

Filed May 1, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 30, 2025 · ~1 min read

Key Changes

• high

  Diluted EPS jumped from year-over-year, driven by 12% noninterest income growth (investment banking up 36%) and a 550 bp drop in effective tax rate to 12.4% from discrete tax benefits.

  MD&A: Earnings Performance verify on EDGAR →
• high

  Capital returns accelerated ( buybacks, dividends) vs prior year. New repurchase authorization approved December 2025 with remaining, no expiration date.

  MD&A: Capital Management verify on EDGAR →
• high

  CET1 ratio declined to 10.8% year-over-year but held flat sequentially despite capital return. Stress capital buffer requirement reduced to 2.5%, lowering minimum CET1 to 7.0%.

  MD&A: Capital Ratios verify on EDGAR →