Zacks Research Has Negative Outlook for TFC Q3 Earnings

Truist Financial Corporation (NYSE:TFC) – Stock analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of Truist Financial in a report released on Thursday, September 25th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings of $0.96 per share for the quarter, down from their previous forecast of $0.97. The consensus estimate for Truist Financial’s current full-year earnings is $4.00 per share. Zacks Research also issued estimates for Truist Financial’s FY2025 earnings at $3.76 EPS, Q2 2027 earnings at $1.20 EPS and FY2027 earnings at $4.77 EPS.

Truist Financial (NYSE:TFC) last announced its quarterly earnings results on Friday, July 18th. The insurance provider reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.02). The business had revenue of $5.04 billion for the quarter, compared to analyst estimates of $5.04 billion. Truist Financial had a return on equity of 8.69% and a net margin of 16.82%.Truist Financial’s quarterly revenue was down 406.0% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS.

Several other research firms also recently commented on TFC. Morgan Stanley reiterated a “mixed” rating on shares of Truist Financial in a report on Monday, July 21st. Keefe, Bruyette & Woods lowered shares of Truist Financial from an “outperform” rating to a “market perform” rating and set a $48.00 price target on the stock. in a research note on Wednesday, July 9th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $47.00 price target on shares of Truist Financial in a research note on Thursday, August 21st. Raymond James Financial upgraded shares of Truist Financial from a “market perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a research note on Tuesday, July 8th. Finally, Citigroup raised Truist Financial from a “neutral” rating to a “buy” rating and upped their target price for the company from $44.00 to $55.00 in a research report on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Truist Financial has a consensus rating of “Moderate Buy” and a consensus target price of $48.47.

Truist Financial Stock Up 0.7%

TFC stock opened at $46.06 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $59.39 billion, a PE ratio of 12.55, a PEG ratio of 1.47 and a beta of 0.88. Truist Financial has a 1-year low of $33.56 and a 1-year high of $49.06. The business’s 50 day simple moving average is $45.12 and its 200 day simple moving average is $41.89.

Institutional Trading of Truist Financial

Large investors have recently modified their holdings of the stock. Capital A Wealth Management LLC grew its stake in Truist Financial by 1,189.5% during the second quarter. Capital A Wealth Management LLC now owns 735 shares of the insurance provider’s stock worth $32,000 after buying an additional 678 shares in the last quarter. CacheTech Inc. acquired a new stake in Truist Financial during the second quarter worth about $594,000. Adams Wealth Management acquired a new stake in shares of Truist Financial during the 2nd quarter worth approximately $594,000. Caldwell Trust Co acquired a new stake in shares of Truist Financial during the 2nd quarter worth approximately $293,000. Finally, Valeo Financial Advisors LLC boosted its position in shares of Truist Financial by 20.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 21,952 shares of the insurance provider’s stock worth $944,000 after acquiring an additional 3,771 shares in the last quarter. 71.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Bradley D. Bender sold 12,540 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $45.19, for a total transaction of $566,682.60. Following the sale, the insider owned 500 shares of the company’s stock, valued at $22,595. This represents a 96.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.17% of the stock is currently owned by insiders.

Truist Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 8th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, August 8th. Truist Financial’s dividend payout ratio is presently 56.68%.

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.