New Delhi, Oct. 17 -- Truist Financial (NYSE: TFC) asked investors on Friday to read its third quarter as a $1.16-a-share quarter, not the 56 cents it actually reported, and said in the same release that it will sell LightStream, its online personal-loan business, to Carlyle Group (NASDAQ: CG). The deal follows the sale of Regional Acceptance Corporation, its near-prime auto lender, which closed during the quarter.

Bank of America earnings on Wednesday set aside a $1.2 billion penalty.

Chief financial officer Mike Maguire told analysts Truist sold $8.6 billion of agency mortgage bonds yielding 2.67% and bought $7.2 billion of securities yielding about 5.6%, with a shorter duration. Truist's investor presentation shows roughly $40 millio...