Truist Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Truist Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Truist Financial Corp TFC.N reported quarterly adjusted earnings of $1.23 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of nineteen analysts for the quarter was for earnings of $1.08 per share. Wall Street expected results to range from $1.04 to $1.12 per share.
Revenue rose 5.5% to $5.31 billion from a year ago; analysts expected $5.24 billion.
Truist Financial Corp's reported EPS for the quarter was $1.23.
The company reported quarterly net income of $1.52 billion.
Truist Financial Corp shares had risen by 6.9% this quarter and gained 8.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 14 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Truist Financial Corp is $55.50, about 4.1% above its last closing price of $53.25
This summary was machine generated from LSEG data July 17 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.08 | 1.23 | Beat |
Mar. 31 2026 | 0.99 | 1.09 | Beat |
Dec. 31 2025 | 1.09 | 1.12 | Beat |
Sep. 30 2025 | 1.00 | 1.07 | Beat |
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