Truist(TFC)

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Truist(TFC) - 2024 Q3 - Quarterly Results
2024-10-17 10:01
Quarterly Performance Summary Truist Financial Corporation Third Quarter 2024 TableofContents QuarterlyPerformanceSummary TruistFinancial Corporation | --- | --- | |----------------------------------------------------------------------------------------------------|---------| | | P a g e | | Fin a n cial Hig hlig h t s | 1 | | C o n s olid a t e d S t a t e m e n t s o f In c o m e | 2 | | C o n s olid a t e d E n din g B ala n c e S h e e t s | 3 | | Av e r a g e B ala n c e s a n d R a t e s - Q u a r t e ...
Truist reports third quarter 2024 results
Prnewswire· 2024-10-17 10:00
CHARLOTTE, N.C., Oct. 17, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its third quarter 2024 results today. Investors can access the live third quarter 2024 earnings call at 8 a.m. ET today by webcast or dial-in as follows: Webcast: app.webinar.net/qVga5Y8KdRw Dial-in: 1-877-883-0383, passcode 1322262 The earnings release, investor presentation, including an appendix reconciling non-GAAP disclosures, and Truist's Third Quarter 2024 Quarterly Performance Summary, which contains det ...
Higher NII to Aid Truist's Q3 Earnings, Lower Fee Income to Hurt
ZACKS· 2024-10-15 16:51
Truist Financial (TFC) is scheduled to announce third-quarter 2024 results on Oct. 17 before the opening bell. The overall lending scenario was decent in the quarter, given borrowers' expectations of rate cuts. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Per the Federal Reserve's latest data, demand for commercial and industrial (C&I) loans (accounting for roughly 50% of TFC's total loans and leases held for investment) rose during the third quarter. Meanwhile, consumer loan (a ...
Seeking Clues to Truist Financial (TFC) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2024-10-14 14:23
Wall Street analysts forecast that Truist Financial Corporation (TFC) will report quarterly earnings of $0.89 per share in its upcoming release, pointing to a year-over-year increase of 6%. It is anticipated that revenues will amount to $5.05 billion, exhibiting a decline of 11% compared to the year-ago quarter. The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively rea ...
Truist Financial Corporation (TFC) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-10 15:07
Wall Street expects a year-over-year increase in earnings on lower revenues when Truist Financial Corporation (TFC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be relea ...
Truist Financial Q3 Preview: Core Banking Trends Become Even More Important
Seeking Alpha· 2024-10-08 18:15
Earnings and Business Trends - Truist Financial (NYSE: TFC) is set to report its third-quarter earnings next week [1] - The company has undergone a small transformation following a major asset disposal and balance sheet restructuring [1] - Trends in Truist's core banking business will become even more important moving forward [1] Investment Approach - The author prefers a long-term, buy-and-hold investment strategy with a focus on stocks that can sustainably post high-quality earnings [1] - Such stocks are mostly found in the dividend and income section [1] - The author blogs about various US and Canadian stocks on 'The Compound Investor' and predominantly UK names on 'The UK Income Investor' [1]
Truist Foundation announces $1 million grant to assist with Hurricane Milton relief, recovery across Florida
Prnewswire· 2024-10-08 17:00
Funds will help provide immediate and long-term resources to help communities in the storm's path get ready, respond and rebuild CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- As another hurricane threatens the Florida Peninsula in the coming days, Truist Foundation today announced it will donate $1 million to support relief and recovery efforts in communities most impacted by Hurricane Milton – the second major hurricane expected to hit the area in the past two weeks. The funds will be distributed to the Am ...
Truist announces third-quarter 2024 earnings call details
Prnewswire· 2024-09-30 20:30
CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report third-quarter 2024 financial results before the market opens on Thursday, October 17, 2024. Chairman and Chief Executive Officer Bill Rogers and Chief Financial Officer Mike Maguire will host a conference call to review the company's financial results at 8 a.m. ET. Investors can access the live earnings call by webcast or dial-in as follows: Live webcast for listeners: https://app.webinar.net/qVga5Y8KdRw Dia ...
Truist Foundation increases Hurricane Helene relief, recovery support to $1 million
Prnewswire· 2024-09-30 18:45
Funds will support information technology, infrastructure restoration in most impacted communities, including Western North Carolina CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- Truist Foundation today announced it will donate an additional $500,000 to support relief and recovery efforts in communities most impacted by the historic destruction from Hurricane Helene, including Western North Carolina, making its total contributions $1 million. The funds will be distributed to IT Disaster Resource Center, U ...
Truist Foundation announces $500,000 grant to support Hurricane Helene relief, recovery efforts across Southeast
Prnewswire· 2024-09-26 11:00
Funds will be used to prepare, respond and restore in impacted communities CHARLOTTE, N.C., Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene travels toward the Florida panhandle, Truist Foundation today announced it will donate $500,000 to support relief and recovery efforts in communities impacted by the storm. The funds will be distributed to the American Red Cross and World Central Kitchen for immediate relief efforts as well as Center for Disaster Philanthropy's Atlantic Hurricane Season Fund for long ...