Shares of Truist Financial (NYSE: TFC ) surged 3.7% on Friday after the financial institution reported better-than-expected results for its third fiscal quarter, mainly due to higher fees related to investment banking & trading and wealth management. Truist Financial benefitedAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ow ...

Core Insights - Truist Financial's shares increased by 3.7% following the release of its third fiscal quarter results, which exceeded expectations primarily due to higher fees from investment banking, trading, and wealth management services [1] Financial Performance - The financial institution reported better-than-expected results for its third fiscal quarter, indicating strong performance in its fee-generating segments [1]

Accessibility StatementSkip Navigation CHARLOTTE, N.C., Oct. 22, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Wholesale Banking Officer Kristin Lesher will present at the BancAnalysts Association of Boston Conference on Thursday, Nov. 6, 2025, at 9:40 a.m. ET. A live audio webcast will be available on the day of the conference at ir.truist.com under Events & Presentations. A replay of the webcast will be available on the website for 30 days. Truist Financial Corp ...

Earnings Overview - Earnings season is gaining momentum with major companies like Tesla, Netflix, General Motors, and Ford reporting results this week [1][3] - As of October 17, 12% of S&P 500 companies have reported results, with analysts expecting an 8.5% increase in earnings per share for Q3, marking the ninth consecutive quarter of positive earnings growth but a slowdown from the 12% growth in Q2 [1][2] Sector Performance - A diverse range of sectors is represented in the earnings reports, including airlines, toy manufacturers, and telecom providers, with consumer spending updates expected from companies like Procter & Gamble and Deckers Outdoors [4] - Companies such as GE Vernova reported a 55% increase in orders to $14.6 billion, driven by its power and electrification equipment division, despite profits being below expectations [8][9] Company-Specific Highlights - Hilton reported adjusted earnings of $2.11 per share, exceeding expectations, while revenue per available room (RevPAR) declined 1.1% year-over-year [11][12] - AT&T surpassed subscriber estimates due to strong demand for bundled services and iPhone promotions, leading to a nearly 2% rise in stock [13][14] - Intuitive Surgical's stock surged 15% after beating earnings estimates, driven by strong demand for surgical robots [15] - Texas Instruments' stock fell 7% following a weaker-than-expected Q4 outlook, with projected sales of $4.22 billion to $4.58 billion [16][17] - Capital One reported a 23% increase in total net revenue to $15.4 billion, with earnings per share of $4.83, surpassing expectations [19][20] - Philip Morris experienced an 8% drop in stock after reporting a 3.2% decline in cigarette shipments, although smokeless product shipments increased by 16.6% [21][22][23] - 3M raised its annual earnings outlook after reporting sales of $6.3 billion, slightly above estimates, with adjusted earnings per share of $2.19 [24][25] - Halliburton's stock rose over 5% after reporting adjusted earnings of $0.58 per share, exceeding estimates despite a revenue decline to $5.6 billion [26][27] - GE Aerospace's stock increased over 2.5% after reporting a 26% revenue growth to $11.3 billion and raising its full-year EPS forecast [30][31] Market Sentiment - Bank of America noted that 76% of S&P 500 companies reporting so far have exceeded earnings expectations, indicating a stronger-than-usual earnings season [42][43] - Ally Financial reported better-than-expected consumer health, with earnings per share of $1.18, surpassing estimates [45][46]

Accessibility StatementSkip Navigation Developed in partnership with Koxa, Truist's latest embedded finance innovation delivers connected banking, intelligent automation and greater financial agility CHARLOTTE, N.C., Oct. 22, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC)Â today announced the launch of Truist One View Connect, an embedded banking solution that empowers finance teams to seamlessly manage payments and cash across diverse environments, dramatically reducing complexity and unlock ...

Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter. If that figure holds, it would mark the ninth straight quarter of positive earnings growth but a deceleration from the 12% earnings growth reported in Q2 of this year. Expectation ...

Core Viewpoint - Truist Financial Corporation has demonstrated strong financial performance, surpassing earnings expectations and showing resilience in the financial sector, which has led to a positive outlook for its stock price [2][6]. Group 1: Financial Performance - Truist Financial reported strong third-quarter earnings, easing concerns about the quality of corporate loans [2][6]. - The company's focus on business-centric loans and minimal exposure to commercial real estate has contributed to maintaining robust credit quality [2]. - The net interest margin is approaching a low point, but the company is well-positioned for future earnings growth and shareholder returns through fixed-rate reinvestment and solid capital strength [3][6]. Group 2: Stock Performance and Market Activity - The current stock price of TFC is $42.60, reflecting an increase of approximately 3.67% or $1.51 [4]. - The stock has fluctuated between a low of $41.60 and a high of $42.87 during the trading day, with a market capitalization of approximately $54.93 billion [4]. - Today's trading volume for NYSE:TFC is 19,865,978 shares, indicating active investor interest and close monitoring of the stock [5]. Group 3: Analyst Insights - Piper Sandler has set a price target of $48 for NYSE:TFC, suggesting a potential increase of 12.68% from its current price [1][6].

Truist Financial Corporation (NYSE:TFC) reported better-than-expected earnings for the third quarter on Friday.The company posted quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $1.00 per share. The company reported quarterly sales of $5.240 billion which beat the analyst consensus estimate of $5.198 billion.Truist Finl said adjusted revenue for 2025 FY is expected to up by 1.5% to 2.5% year over year.Truist Finl shares gained 1.3% to trade at $43.17 on Monday.These analys ...

European aerospace groups Leonardo , Airbus and Thales have reached a framework deal on a proposed merger of their satellite businesses, two sources familiar with the matter said on Monday. ...

Accessibility StatementSkip Navigation New group heads will accelerate industry-focused strategy CHARLOTTE, N.C., Oct. 20, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the addition of new leaders to its Commercial and Corporate Banking franchise, highlighting Truist's ongoing commitment to delivering industry expertise and expanding its market presence to serve large corporate clients across key sectors, including energy and technology. Veronica LaMarca, Head of Technology ...