Group 1 - Truist Financial Corporation reported quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.92 per share, with an earnings surprise of -1.09% [1] - The company posted revenues of $4.99 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.10%, compared to year-ago revenues of $4.97 billion [2] - Truist Financial shares have increased by approximately 3.8% since the beginning of the year, while the S&P 500 has gained 7.1% [3] Group 2 - The earnings outlook for Truist Financial is mixed, with the current consensus EPS estimate for the coming quarter at $0.99 on revenues of $5.14 billion, and $3.88 on revenues of $20.31 billion for the current fiscal year [7] - The Zacks Industry Rank for Banks - Major Regional is currently in the top 7% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - KeyCorp, another company in the same industry, is expected to report quarterly earnings of $0.34 per share, reflecting a year-over-year change of +36%, with revenues anticipated to be $1.8 billion, up 18.9% from the year-ago quarter [9][10]

Financial Performance - Net income available to common shareholders was $1.2 billion[18] - Diluted EPS was $0.90, including $0.02 of restructuring charges and $0.01 of losses on certain investment securities sold[18] - Adjusted revenue increased by 2.1% compared to the previous quarter[40] - Average loans increased by 2.0% linked quarter[41] - Average deposits increased by 2.1% linked quarter[44] Business Segments - Consumer & Small Business Banking net interest income was $2.4 billion, up $74 million or 3.2% from the prior quarter[74] - Wholesale Banking average loans increased by $2.6 billion, or 1.5%, primarily related to an increase in C&I balances[78] - Wholesale Banking average deposits increased by $5.4 billion, or 3.7%, related to large, short-term client inflows[78] Digital Growth - Digital share of new-to-bank clients reached 43%, a +900 bps increase[26] - Digital transactions increased by 9% to 87 million[32] - Zelle transactions increased by 19% to 38 million[32] Capital and Credit Quality - CET1 ratio was 11.0%[18] - The company repurchased $750 million of common stock and is targeting $500 million in 3Q25[19] - Net charge-offs (NCOs) were 0.51%[18] Outlook - The company expects adjusted revenue to increase by 2.5% to 3.5% in 3Q25 compared to 2Q25[68] - The company expects adjusted expenses to increase by approximately 1% in 3Q25 compared to 2Q25[68]

Financial Performance - Truist Financial Corporation reported a consolidated net income of $600 million for Q2 2025, representing a 10% increase year-over-year[2]. - The company achieved a return on equity (ROE) of 12%, compared to 11% in Q2 2024[2]. - Net income available to common shareholders for the quarter was $1,180 million, compared to $1,157 million in the prior quarter, representing a 2.0% increase[4]. - Earnings per share (diluted) from continuing operations was $0.90, up from $0.87 in the previous quarter, indicating a 3.4% increase[4]. - The total net income from continuing operations for the quarter was $1,240 million, compared to $1,261 million in the previous quarter[22]. Asset and Loan Growth - Average total assets increased to $200 billion, up 5% from the previous quarter[2]. - Total loans increased by 8% year-over-year, reaching $150 billion[2]. - Total assets at the end of the period were $543,833 million, an increase from $535,899 million in the previous quarter[4]. - Total loans and leases held for investment increased to $318,796 million, compared to $308,638 million in the prior quarter, marking a rise of 3.5%[7]. - Average balances of loans and leases held for investment were $310,702 million, generating $9,243 million in income at a yield of 5.99%[11]. Income and Revenue - Interest income for the quarter ended June 30, 2025, was $6,154 million, an increase from $5,988 million in the previous quarter[4]. - Noninterest income for the quarter was $1,400 million, slightly up from $1,392 million in the previous quarter[4]. - The company expects to achieve revenue growth of 6% for the full year 2025, driven by increased lending and fee income[2]. - Total interest income for the quarter ended June 30, 2025, was $6,154 million, an increase of 2.8% from $5,988 million in the previous quarter[6]. - Total noninterest income reached $1,400 million, showing a slight increase from $1,392 million in the previous quarter[6]. Credit Quality and Losses - Non-performing loans as a percentage of total loans remained stable at 0.5%[2]. - Nonperforming loans and leases as a percentage of loans held for investment (LHFI) decreased to 0.39% from 0.48% in the previous quarter[4]. - The allowance for loan and lease losses stood at $4,899 million, slightly higher than $4,870 million in the previous quarter[7]. - Total charge-offs for the quarter were $506 million, a decrease from $557 million in the previous quarter, while net charge-offs were $396 million[19]. - The net charge-offs as a percentage of average loans and leases stood at 0.51% for the quarter ended June 30, 2025, compared to 0.60% in the previous quarter[19]. Capital and Ratios - The common equity tier 1 ratio was 11.0%, down from 11.3% in the previous quarter[4]. - The liquidity coverage ratio was 110, slightly down from 111 in the previous quarter[4]. - The tangible common equity per common share increased to $31.63 as of June 30, 2025, compared to $30.95 in the previous quarter[22]. - The risk-weighted assets increased to $434,892 million as of June 30, 2025, from $424,059 million in the previous quarter[22]. - The allowance for credit losses increased to $5,253 million as of June 30, 2025, up from $5,166 million at the end of March 2025, reflecting a provision for credit losses of $488 million for the quarter[19]. Strategic Initiatives - The company plans to expand its digital banking services, targeting a 20% increase in online customer engagement by the end of 2025[2]. - Truist is investing $50 million in new technology initiatives to enhance customer experience and operational efficiency[2]. - Truist is exploring strategic acquisitions to enhance its market presence, particularly in the Southeast region of the United States[2]. Mortgage Banking - Total mortgage banking income for Q2 2025 was $107 million, a slight decrease of 0.9% from $108 million in Q1 2025[24]. - Residential mortgage production revenue increased to $25 million in Q2 2025 from $19 million in Q1 2025, representing a 31.6% growth[24]. - Residential mortgage loan originations reached $5,855 million in Q2 2025, significantly higher than $3,626 million in Q1 2025, marking a 61.5% increase[24]. - The total servicing portfolio stood at $270,750 million as of June 30, 2025, a slight decrease from $271,268 million at the end of Q1 2025[24]. - Brokered deposits increased to $30,008 million in Q2 2025 from $27,585 million in Q1 2025, reflecting an increase of 9.2%[24].

Core Insights - Truist Financial Corporation reported its second quarter 2025 results, with a live earnings call accessible to investors [1] - The company is a purpose-driven financial services provider with a strong market presence in high-growth U.S. markets [2] - As of June 30, 2025, Truist has total assets amounting to $544 billion, positioning it as a top-10 commercial bank [2] Company Overview - Truist offers a diverse range of financial products and services, including consumer and small business banking, commercial and corporate banking, investment banking, capital markets, wealth management, payments, and specialized lending [2] - The company is headquartered in Charlotte, North Carolina, and is committed to inspiring and building better lives and communities [2] Earnings Call Information - Investors can access the earnings call via webcast or dial-in, with a replay available for 30 days on the company's Investor Relations website [1][3]

Group 1 - Truist Financial Corporation will redeem all $1.5 billion of its floating rate senior notes due July 28, 2026 on July 28, 2025 [1] - The redemption price will be 100% of the principal amount plus accrued and unpaid interest, with interest ceasing to accrue after the redemption date [2] - Truist is a leading U.S. commercial bank with total assets of $536 billion as of March 31, 2025, and offers a wide range of financial services [3]

Core Insights - Truist Financial (TFC) is set to announce its second-quarter 2025 results on July 18, with a positive lending environment despite macroeconomic uncertainties [1] Lending and Loan Growth - Strong growth in commercial and industrial (C&I) loans, which make up nearly 50% of TFC's total loans, alongside decent demand for consumer loans, accounting for almost 40% of total loans [2] - The consensus estimate for TFC's average earning assets in Q2 is $478.4 billion, reflecting a slight increase from the previous year [3] Net Interest Income and Margins - The Federal Reserve maintained interest rates at 4.25-4.5%, which is expected to positively impact TFC's net interest income (NII) and net interest margin due to higher rates and loan growth [4] - The consensus estimate for Q2 NII is $3.58 billion, indicating a 1.4% year-over-year increase [4] Non-Interest Income Estimates - Service charges on deposits are estimated at $234 million, showing a marginal rise from the previous year, while card and payment-related fees are expected to decline by 2.2% to $225 million [6] - Mortgage banking income is projected to rise significantly, with a consensus estimate of $113 million, reflecting a 34.5% increase year-over-year [7] Fee Income and Expenses - Investment banking and trading income is estimated at $266 million, indicating a 7% year-over-year decline, while lending-related fees are expected to rise by 4.5% to $93 million [8][9] - Total non-interest income is projected at $1.41 billion, showing growth from the prior year [10] Cost and Expense Projections - Non-interest expenses are anticipated to rise by 5.5% year-over-year, with total adjusted non-interest expenses estimated at $2.96 billion [13] - Management expects adjusted expenses to increase by 2-3% sequentially due to higher personnel costs [13] Asset Quality and Credit Losses - TFC is likely to have set aside significant provisions for potential delinquent loans, with an estimated provision for credit losses of $407.9 million, reflecting a 9.6% year-over-year decline [14] - The consensus estimate for total non-accrual loans and leases is $1.56 billion, suggesting a 9.6% year-over-year increase [15] Earnings and Sales Expectations - The consensus estimate for TFC's earnings is 92 cents per share, indicating a 1.1% rise from the previous year, while sales are projected at $4.98 billion, reflecting a marginal year-over-year increase [17]

Core Viewpoint - Truist Financial Corporation (TFC) is expected to report quarterly earnings of $0.92 per share, reflecting a 1.1% increase year-over-year, with revenues projected at $4.98 billion, a 0.3% increase compared to the previous year [1]. Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to stock performance [2]. - Analysts have maintained the consensus EPS estimate for the quarter over the past 30 days, indicating a reassessment of projections [1]. Key Financial Metrics - Analysts predict a 'Net interest margin' of 3.0%, consistent with the same quarter last year [4]. - 'Total nonperforming assets' are expected to be $1.63 billion, up from $1.48 billion in the same quarter last year [4]. - The 'Average balance - Total earning assets' is projected at $478.38 billion, compared to $473.67 billion a year ago [5]. - 'Total nonaccrual loans and leases' are estimated at $1.56 billion, up from $1.42 billion year-over-year [5]. - The 'Tier 1 Leverage Ratio' is expected to be 10.3%, down from 10.5% last year [5]. - The 'Tier 1 Capital Ratio' is projected at 12.7%, down from 13.2% a year ago [6]. - The 'Total Capital Ratio' is expected to be 14.9%, compared to 15.4% in the same quarter last year [6]. - 'Net interest income (FTE)' is estimated at $3.63 billion, consistent with the previous year's figure [6]. - 'Net Interest Income' is forecasted at $3.58 billion, up from $3.53 billion year-over-year [7]. - 'Lending related fees' are expected to reach $92.68 million, compared to $89.00 million last year [7]. - 'Other income' is projected at $69.03 million, down from $78.00 million in the same quarter last year [7]. - 'Operating lease income' is expected to be $51.56 million, up from $50.00 million a year ago [8]. Stock Performance - Truist Financial shares have increased by 15.9% over the past month, outperforming the Zacks S&P 500 composite, which rose by 5% [8].

The market expects Truist Financial Corporation (TFC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 18, might help the stock move higher if these key numbe ...

Core Insights - Truist Financial Corporation (TFC) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 2.88% [1][2] - The company reported earnings of $0.87 per share in the last quarter, exceeding the Zacks Consensus Estimate of $0.86 per share, resulting in a surprise of 1.16% [2] - The previous quarter saw an even larger surprise, with actual earnings of $0.91 per share against an expected $0.87, yielding a surprise of 4.60% [2] Earnings Estimates and Predictions - Earnings estimates for Truist Financial have been trending higher, supported by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +0.92%, indicating bullish sentiment among analysts regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat in the upcoming report [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] - The next earnings report for Truist Financial is anticipated to be released on July 18, 2025 [8]

Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that grows through reinvestment and annual increases [1] Group 2 - The article expresses personal opinions and is not intended as investment advice [2][3] - It emphasizes the importance of conducting individual research before making investment decisions [2]