NYSE$TFC
Truist Financial Corp · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported strong performance for the quarter, benefiting from stable asset quality and diverse noninterest-income generating businesses.
Truist Financial Corporation reported earnings for the third quarter of 2020 with a net income available to common shareholders of $1.1 billion, up 45.3 percent compared to the third quarter last year. Earnings per diluted common share were $0.79, a decrease of 16.8 percent compared with the same period last year.
- Earnings per diluted common share were $0.79; adjusted diluted earnings per share were $0.97.
- ROA was 0.91 percent; adjusted ROA was 1.11 percent.
- ROCE was 6.87 percent; adjusted ROCE was 8.50 percent.
- ROTCE was 13.31 percent; adjusted ROTCE was 16.08 percent.
Headline financials
Revenue & EPS history
Truist · Revenue · Quarterly
$5.57B
Forward guidance
Truist will update and resubmit its capital plan in early November 2020 to reflect changes in financial markets and the macroeconomic outlook.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.3%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+0.9%
Avg return
30 days after
51%
37 / 72 earnings
Positive
+9.8%
Q2 2009
Best reaction
-9.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.4% | +3.1% | -5.0% | |
| Q1 2026 | +1.7% | +3.1% | -5.0% | |
| Q3 2025 | +3.8% | +6.1% | +9.2% | |
| Q2 2025 | +0.3% | -1.4% | +0.9% | |
| Q1 2025 | -0.3% | +0.9% | +15.0% | |
| Q3 2024 | -1.9% | -2.6% | +4.5% | |
| Q2 2024 | +4.1% | +4.7% | -0.8% | |
| Q1 2024 | +3.2% | +8.9% | +12.1% | |
| Q4 2023 | +4.7% | +2.9% | +0.9% | |
| Q3 2023 | -5.5% | -4.1% | +11.2% | |
| Q2 2023 | -7.1% | -8.5% | -19.1% | |
| Q1 2023 | -9.5% | -12.5% | -14.6% | |
| Q4 2022 | +4.8% | +5.7% | +6.0% | |
| Q3 2022 | -4.5% | -6.6% | +1.6% | |
| Q2 2022 | +2.0% | +2.2% | +9.2% | |
| Q1 2022 | -0.2% | -3.4% | -12.4% | |
| Q4 2021 | -4.2% | -8.8% | -7.2% | |
| Q3 2021 | +1.8% | +5.3% | +3.4% | |
| Q2 2021 | -0.1% | -0.7% | +5.4% | |
| Q1 2021 | -3.1% | -6.6% | +3.3% | |
| Q4 2020 | -0.9% | -2.7% | +11.5% | |
| Q3 2020 | -1.4% | -0.3% | +11.7% | |
| Q2 2020 | -1.7% | +0.9% | +7.0% | |
| Q1 2020 | +1.9% | +6.2% | +1.1% | |
| Q4 2019 | -4.3% | -1.3% | -14.3% | |
| Q3 2019 | +1.8% | +1.2% | +3.1% | |
| Q2 2019 | -3.4% | -7.8% | -7.3% | |
| Q1 2019 | +3.2% | +4.0% | +10.0% | |
| Q4 2018 | -0.4% | +1.1% | -9.7% | |
| Q3 2018 | +1.6% | +4.6% | +7.1% | |
| Q2 2018 | +0.7% | +0.1% | +1.3% | |
| Q1 2018 | -2.1% | +1.6% | +1.5% | |
| Q4 2017 | -0.5% | +2.2% | -7.2% | |
| Q3 2017 | +1.0% | +1.9% | -4.7% | |
| Q2 2017 | +0.9% | +2.2% | -1.6% | |
| Q1 2017 | -1.1% | -2.8% | -4.5% | |
| Q4 2016 | +0.4% | +0.3% | -7.6% | |
| Q3 2016 | +0.2% | +0.9% | +15.0% | |
| Q2 2016 | +0.3% | -0.9% | +2.7% | |
| Q1 2016 | -0.1% | — | — | |
| Q4 2015 | +4.1% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | -1.3% | — | — | |
| Q4 2014 | +0.5% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | +1.5% | — | — | |
| Q4 2013 | -0.1% | — | — | |
| Q3 2013 | -1.6% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2011 | +2.5% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +0.2% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q3 2011 | -4.7% | — | — | |
| Q2 2011 | -4.6% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q4 2010 | -0.3% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q2 2010 | +2.3% | — | — | |
| Q1 2009 | +5.6% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q4 2007 | -1.5% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q3 2008 | +2.5% | — | — | |
| Q2 2008 | +9.8% | — | — | |
| Q4 2008 | +9.8% | — | — | |
| Q2 2009 | +9.8% | — | — |
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