Insights Into Truist Financial (TFC) Q2: Wall Street Projections for Key Metrics

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].