Truist Financial (TFC) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
The bank's allowance fell from $4,983 million to $4,063 million in the third quarter, and a $7.7 billion LightStream loan sale is set to close.
Earnings
Mike Lyons said capital was spread too thin and that anything failing three tests will go, with a fuller outlook promised for early 2027.
SEC Filings
Truist is bringing in D. Steve Boland as vice chair and Jeff Warner from PNC, and naming interim co-heads for its wealth unit.
Deals
Adjusted EPS was $1.16, and Truist signed an agreement to sell $7.7 billion of LightStream loans to Carlyle Group.