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Truist Earnings and the Resurgence of U.S. Capital Markets
Truist beats on trading and investment banking: what the read-through means for U.S. bank stocks
Truist beat 1st-quarter profit expectations as stronger investment banking fees, higher trading income, and higher net interest income helped results. Investment banking and trading income rose 36.3%, net interest income increased 2.5% to $3.64 billion, EPS came in at $1.09 versus $0.99 expected, and the company also lifted its 2026 share repurchase plan to $5 billion from $4 billion. The bigger takeaway is that volatile markets, stronger fee income, and improving loan demand are helping bank…
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