| TFC |
Report |
EPS (Q2 2026) |
BEAT |
pred ~$1.10 vs. cons $1.08 |
MEDIUM |
| TFC |
Report |
Net Interest Income (Q2 2026) |
IN-LINE |
pred ~$3.68B vs. cons $3.65B |
MEDIUM |
| TFC |
Report |
Noninterest Income / IB & Trading Fees (Q2 2026) |
BEAT |
pred ~$1.60B vs. cons $1.56B |
MEDIUM |
| TFC |
Guide |
FY2026 NII growth guidance |
UNCHANGED |
guide ~2.5% vs. cons ~2.5% (FY2026) |
MEDIUM |
| TFC |
Guide |
FY2026 average NIM |
BETTER |
guide ~3.07% vs. cons ~3.05% (FY2026) |
LOW |
| TFC |
Guide |
FY2026 noninterest expense growth |
BETTER |
guide ~1.75% vs. cons ~2.0% (FY2026) |
MEDIUM |
| TFC |
Guide |
FY2026 share buyback pace |
BETTER |
guide ~$5.0B vs. cons ~$4.7B (FY2026) |
MEDIUM |
| TFC |
Guide |
FY2026 net charge-offs |
UNCHANGED |
guide ~53bps vs. cons ~55bps (FY2026) |
LOW |
| TFC |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.0% |
— |
MEDIUM |
| TFC |
Return |
5-day cumulative residual |
-2.2% (FADE) |
TFC's beat, like USB/WFC/Citi this cycle, is likely driven by lower tax rate, buybacks, and one-off fee items rather than core NII acceleration; FY26 NII growth stays capped at 2-3% (no-cut assumption) and the mid-3% NIM 'exit rate' goal stays pushed to 2027, so analysts will trim out-period NII/NIM assumptions even after a headline beat. Stock is also up ~13% in six weeks into the print with five sell-side downgrades in the two weeks prior flagging valuation had run ahead of fundamentals, and peer reactions this season (Citi -1.5% on a big beat, WFC flat) show the bar for a sustained positive reaction is high — consistent with initial pop fading as revisions get reconciled with the more conservative full-year algorithm. |
MEDIUM |