Truist Q1 2026: EPS up 25%, buybacks double to $1.1B, new capital rules proposed

Filed May 1, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 30, 2025 · ~2 min read

Key Changes

• high

  Diluted EPS jumped 25% to $1.09 from $0.87 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 50% to $1.8B ($1.1B buybacks, $645M dividends) vs $1.2B prior year. New $10B repurchase authorization approved December 2025 with $8.9B remaining, no expiration date.

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

  CET1 ratio declined to 10.8% from 11.3% year-over-year but held flat sequentially despite $1.8B capital return. Stress capital buffer requirement reduced to 2.5% from 2.8%, lowering minimum CET1 to 7.0%.

  MD&A: Capital Ratios verify on EDGAR →