Truist Financial (TFC) Projected to Post Earnings on Friday

Truist Financial (NYSE:TFC) is expected to be posting its Q1 2026 results before the market opens on Friday, April 17th. Analysts expect Truist Financial to post earnings of $0.9930 per share and revenue of $5.1781 billion for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Friday, April 17, 2026 at 8:00 AM ET.

Truist Financial (NYSE:TFC) last posted its quarterly earnings data on Wednesday, January 21st. The insurance provider reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.09). The firm had revenue of $4.93 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Truist Financial had a return on equity of 9.03% and a net margin of 17.09%.Truist Financial’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 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 Stock Up 2.4%

Shares of TFC opened at $50.50 on Friday. Truist Financial has a 1 year low of $34.52 and a 1 year high of $56.19. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.87 and a quick ratio of 0.86. The stock has a 50 day simple moving average of $48.94 and a two-hundred day simple moving average of $47.68. The firm has a market cap of $62.66 billion, a P/E ratio of 13.25, a P/E/G ratio of 0.85 and a beta of 0.89.

Truist Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were issued a dividend of $0.52 per share. The ex-dividend date was Friday, February 13th. This represents a $2.08 annualized dividend and a yield of 4.1%. Truist Financial’s dividend payout ratio is currently 54.59%.

Truist Financial announced that its Board of Directors has authorized a stock buyback plan on Tuesday, December 16th that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the insurance provider to reacquire up to 15.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Truist Financial

In other Truist Financial news, CAO Cynthia B. Powell sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $52.49, for a total transaction of $183,715.00. Following the completion of the transaction, the chief accounting officer owned 667 shares of the company’s stock, valued at approximately $35,010.83. This trade represents a 83.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael Baron Maguire sold 13,000 shares of Truist Financial stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $50.13, for a total transaction of $651,690.00. Following the transaction, the chief financial officer owned 74,323 shares of the company’s stock, valued at $3,725,811.99. The trade was a 14.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Truist Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TFC. Wellington Management Group LLP increased its position in shares of Truist Financial by 13,511.7% during the 3rd quarter. Wellington Management Group LLP now owns 10,386,831 shares of the insurance provider’s stock valued at $474,886,000 after purchasing an additional 10,310,523 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Truist Financial by 63.0% in the fourth quarter. Bank of Montreal Can now owns 4,754,290 shares of the insurance provider’s stock worth $233,959,000 after buying an additional 1,837,189 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Truist Financial during the fourth quarter valued at approximately $81,155,000. Amundi increased its holdings in Truist Financial by 45.5% during the fourth quarter. Amundi now owns 4,447,587 shares of the insurance provider’s stock valued at $218,866,000 after buying an additional 1,390,975 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in Truist Financial by 71.9% during the second quarter. AQR Capital Management LLC now owns 3,165,033 shares of the insurance provider’s stock valued at $136,065,000 after buying an additional 1,323,866 shares during the last quarter. 71.28% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on TFC. Barclays downgraded shares of Truist Financial from an “equal weight” rating to an “underweight” rating and boosted their price objective for the company from $47.00 to $56.00 in a research report on Monday, January 5th. Argus lifted their target price on shares of Truist Financial from $54.00 to $58.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Evercore reiterated an “outperform” rating on shares of Truist Financial in a research report on Thursday, February 5th. Weiss Ratings downgraded shares of Truist Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 12th. Finally, Piper Sandler raised their price objective on shares of Truist Financial from $50.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, January 22nd. Nine research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.41.

About Truist Financial

Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products.

Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses.