Truist Financial (TFC) Expected to Announce Earnings on Friday

Truist Financial (NYSE:TFC) is anticipated to release its Q2 2025 earnings data before the market opens on Friday, July 18th. Analysts expect Truist Financial to post earnings of $0.93 per share and revenue of $5.04 billion for the quarter. Truist Financial has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

Truist Financial (NYSE:TFC) last issued its quarterly earnings data on Thursday, April 17th. The insurance provider reported $0.87 earnings per share for the quarter, hitting the consensus estimate of $0.87. Truist Financial had a net margin of 15.59% and a return on equity of 8.96%. The firm had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $4.99 billion. During the same period in the prior year, the firm earned $0.90 earnings per share. On average, analysts expect Truist Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Truist Financial Trading Up 0.8%

TFC stock opened at $45.54 on Friday. The business has a fifty day moving average price of $40.98 and a 200 day moving average price of $42.01. Truist Financial has a fifty-two week low of $33.56 and a fifty-two week high of $49.06. The stock has a market capitalization of $59.63 billion, a price-to-earnings ratio of 13.43, a P/E/G ratio of 1.68 and a beta of 0.85. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.83 and a quick ratio of 0.83.

Truist Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 9th were issued a $0.52 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.57%. Truist Financial’s dividend payout ratio is 61.36%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. TD Cowen assumed coverage on Truist Financial in a report on Thursday, May 15th. They issued a “hold” rating and a $44.00 price target for the company. Wall Street Zen upgraded shares of Truist Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, May 7th. Barclays decreased their price objective on Truist Financial from $51.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Monday, April 21st. Argus set a $43.00 price objective on Truist Financial in a research report on Monday, April 21st. Finally, Stephens decreased their price objective on Truist Financial from $48.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, April 21st. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $48.44.

Institutional Trading of Truist Financial

A hedge fund recently raised its stake in Truist Financial stock. Brighton Jones LLC increased its stake in Truist Financial Corporation (NYSE:TFC) by 148.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,581 shares of the insurance provider’s stock after purchasing an additional 14,093 shares during the period. Brighton Jones LLC’s holdings in Truist Financial were worth $1,023,000 as of its most recent filing with the Securities and Exchange Commission. 71.28% of the stock is currently owned by hedge funds and other institutional investors.

About Truist Financial

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.