Truist Financial Corporation has released its financial results for the first quarter of 2025, showcasing stable metrics amid economic uncertainty.
Q1 Financial Results
The company reported a net income available to common shareholders of $1.2 billion, equating to $0.87 per share, in line with market expectations for EPS of $0.8756. Total revenue for the quarter was $4.95 billion, also meeting expectations. However, this reflects a 3.2% decline from the previous quarter, attributed to decreases in both net interest income and noninterest income.
Truist’s Capital Levels Remain Strong
Truist’s capital levels remain strong, with a common equity tier 1 (CET1) ratio of 11.3% as of March 31, 2025. The company repurchased $500 million in common shares during the quarter, leading to a dividend payout ratio of 59% and a total payout ratio of 102%.
Company Outlook and Strategy
The company plans to continue investing in talent and technology to support growth objectives and enhance operational efficiency. CEO Bill Rogers emphasized the importance of executing its strategy amidst market volatility and effective risk management.
Truist Financial Corporation has demonstrated solid results for the first quarter of 2025, maintaining a strong capital position and outlining promising strategic plans.
