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What Are Wall Street Analysts' Target Price for Truist Financial Stock?
Yahoo Finance· 2025-10-31 09:49
Core Insights - Truist Financial Corporation (TFC) is a diversified U.S. bank-holding company with a market capitalization of $56.6 billion, offering a wide range of financial services [1] Performance Overview - TFC shares have underperformed compared to the broader market, increasing by 2.4% over the past year, while the S&P 500 Index has risen by 17.4% [2] - In 2025, TFC stock is up 2.2%, lagging behind the S&P 500's 16% year-to-date increase [2] Comparative Analysis - TFC has outperformed the SPDR S&P Regional Banking ETF (KRE), which has seen marginal gains over the past year and slight dips in 2025 [3] Recent Financial Results - On October 17, TFC shares rose by 3.3% following stronger-than-expected Q3 2025 results, driven by significant fee income growth in investment banking and trading, healthy loan expansion, and disciplined expense management [4] - TFC reported revenue of $5.2 billion, slightly above forecasts, and adjusted earnings of $1.35 per share, exceeding the consensus estimate of $0.99 by nearly 36% [4] - Although net interest income was slightly below expectations, strong bottom-line performance and growth in tangible book value enhanced investor confidence [4] Earnings Expectations - Analysts project TFC's EPS to grow by 6.2% to $3.92 for the current fiscal year ending in December [5] - TFC has a mixed earnings surprise history, beating consensus estimates in three of the last four quarters while missing once [5] Analyst Ratings - Among 23 analysts covering TFC stock, the consensus rating is a "Moderate Buy," consisting of nine "Strong Buy" ratings, two "Moderate Buys," 11 "Holds," and one "Strong Sell" [5]
Here's What to Expect From Truist Financial's Next Earnings Report
Yahoo Finance· 2025-09-29 10:25
Core Insights - Truist Financial Corporation (TFC) is set to announce its fiscal Q3 earnings for 2025 on October 17, with a market cap of $59.3 billion [1] Earnings Expectations - Analysts anticipate TFC will report a profit of $0.98 per share, reflecting a 1% increase from $0.97 per share in the same quarter last year [2] - For the current fiscal year, TFC is expected to achieve a profit of $3.85 per share, which is a 4.3% increase from $3.69 per share in fiscal 2024 [3] - EPS is projected to grow further by 14.3% year-over-year to $4.40 in fiscal 2026 [3] Stock Performance - TFC shares have increased by 8.7% over the past 52 weeks, underperforming compared to the S&P 500 Index's 15.6% rise and the Financial Select Sector SPDR Fund's 19.6% increase [4] - Following a mixed Q2 earnings release, TFC shares fell by 1.7% on July 18, despite total revenue reaching $5 billion, slightly exceeding analyst estimates [5] Analyst Ratings - The overall rating for TFC stock is "Moderate Buy," with 23 analysts covering the stock: 8 recommend "Strong Buy," 2 suggest "Moderate Buy," 12 advise "Hold," and 1 recommends "Strong Sell" [6] - The mean price target for TFC is $49.21, indicating a potential upside of 6.9% from current levels [6]
First Horizon Corporation to Participate in the Barclays 23rd Annual Global Financial Services Conference
Prnewswire· 2025-08-20 21:00
Core Viewpoint - First Horizon Corporation will participate in the Barclays 23rd Annual Global Financial Services Conference on September 9, 2025, featuring key executives Bryan Jordan and Hope Dmuchowski [1] Group 1: Company Overview - First Horizon Corporation has $82.1 billion in assets as of June 30, 2025 [4] - The company operates in 12 states, primarily in the southern U.S., through its banking subsidiary, First Horizon Bank [4] - Services offered include commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] Group 2: Recognition and Reputation - First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines [4] - The company is also listed as a Top 10 Most Reputable U.S. Bank [4] Group 3: Event Details - A live webcast and audio replay of the conference will be available on the First Horizon Investor Relations website [2]
First Horizon Recognized on Forbes List of Best-In-State Banks
Prnewswire· 2025-07-01 20:08
Core Insights - First Horizon Bank has been recognized on Forbes' list of America's Best-In-State Banks 2025, highlighting its value to residents in each state [1][2] - The ranking is based on an independent survey of over 26,000 customers, evaluating banks on criteria such as Trust, Financial Advice, Client Services, Digital Services, Branch Services, and Terms & Conditions [1] Company Overview - First Horizon Corporation, with $81.5 billion in assets as of March 31, 2025, is a leading regional financial services company headquartered in Memphis, TN [3] - The company operates in 12 states across the southern U.S. and offers a wide range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3] - First Horizon has received recognition as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [3]
First Horizon Corporation to Announce Second Quarter Financial Results on July 16, 2025
Prnewswire· 2025-06-18 20:15
Group 1 - First Horizon Corporation (NYSE: FHN) plans to announce its second quarter financial results on July 16, 2025, with a news release available at approximately 6:30 am ET [1] - A live conference call and webcast presentation will be held on the same day at 9:30 am ET [1] - The company has $81.5 billion in assets as of March 31, 2025, and operates in 12 states across the southern U.S. [4] Group 2 - The banking subsidiary, First Horizon Bank, offers a range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [4] - First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and is listed as a Top 10 Most Reputable U.S. Bank [4]