Truist Financial Reports Q1 2025 Net Income of $1.2 Billion with NII Up 3.8% and $500 Million in Share Buybacks

Truist Financial reported first-quarter 2025 net income available to common shareholders of USD 1.2 billion, or $0.87 per diluted share.

Total revenues for the quarter reached USD 4.95 billion, with taxable-equivalent net interest income rising 3.8% year-on-year — a rise Truist attributed primarily to its balance sheet repositioning in the second quarter of 2024. The bank's liquidity coverage ratio stood at 111%, compared with the regulatory minimum of 100%.

NET INTEREST MARGIN

The net interest margin fell six basis points on a sequential basis to 3.01% as loan yields fell 15 basis points, partly offset by a ten-basis-point fall in the average cost of deposits.

The CET1 ratio was 11.3% at the end of March 2025.

CAPITAL RETURNS

Truist repurchased USD 500 million of common shares during the quarter and declared a common dividend of $0.52 per share.

Truist Financial was formed through the 2019 merger of BB&T Corporation and SunTrust Banks. Chairman and chief executive Bill Rogers said the bank's strong capital and liquidity profile left it well positioned to navigate the uncertainties of the current environment.