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Truist Financial scores Q4 earnings beat
Truist Financial scores Q4 earnings beat on strong NII, investment banking and trading income
Truist Financial (NYSE:TFC) stock gained 3.0% in Friday premarket trading after the bank issued strong Q1 2025 guidance and scored a Q4 earnings beat as both net interest income and income from investment banking and trading bolstered results.
Truist Beats Quarterly Profit Estimates on Investment Banking Gains
Net interest margin, which measures lending profitability, expanded to 3.07%, compared with 2.95% a year earlier. Truist's quarterly adjusted net income available to common shareholders was $1.21 billion, or 91 cents per share, surpassing estimates of $1.18 billion, or 88 cents, according to estimates compiled by LSEG.
Truist Financial: Q4 EPS Beats Estimates
Truist Financial's Q4 beat EPS and revenue estimates, but noninterest expenses rose and specific lending segments faced challenges.
Truist Financial reports Q4 EPS 91c, consensus 88c
Reports Q4 revenue $5.11B, consensus $5.06B. Reports Q4 tangible book value per share $30.01. Reports Q4 CET1 capital ratio 11.5%. Reports Q4
Truist Financial Reports Strong Q4 2024 Earnings
Truist Financial Corporation ( ($TFC) ) has released its Q4 earnings. Here is a breakdown of the information Truist Financial Corporation
Truist Financial beats Q4 estimates, shares edge higher
NEW YORK - Truist Financial Corp. (NYSE:TFC) reported fourth quarter earnings and revenue that surpassed analyst expectations, sending its shares up 1.76% in early trading.
2d
Strong Economy Will Eventually Drive Stocks Higher, Says Truist — Here Are 3 Names to Consider
Markets kicked off 2025 with a bit of a rollercoaster ride, fueled by fresh data on jobs and inflation that pushed investors ...
1d
Truist Financial: Optimism Boosted Further By 2024 Results
Truist Financial released its fourth quarter and full year 2024 earnings today and beat earnings estimates. Check out my ...
American Banker
5d
Truist's COO, who oversaw strategy revamp, resigns
Beau Cummins, a longtime Truist executive, stepped into the chief operating officer role in 2023 to help reposition it after ...
2d
Axed Truist Executive Sued Wrong Entity, Magistrate Judge Says
Truist Financial Corp. wasn’t the “employer” of an executive who alleges she was terminated because of her sex and age and ...
Winston-Salem Journal
5d
Truist discloses abrupt resignation of No. 2 executive Cummins
The Truist regulatory disclosure is unusual in the details behind Hugh Cummins III's departure, citing it "results from ...
4d
Truist: Strong Net Interest Margins Coupled With High Loan Quality
Truist Financial’s consistent NIM and credit risk management drive solid returns. Read why TFC stock is forecasted for a 14.5 ...
1d
Netstreit price target lowered to $16 from $19 at Truist
Truist lowered the firm’s price target on Netstreit (NTST) to $16 from $19 and keeps a Buy rating on the shares as part of a 2025 outlook for ...
Hosted on MSN
5d
Truist Financial chief operating officer Hugh Cummins III resigns
Truist
Financial (NYSE:TFC) Vice Chair and Chief Operating Officer Hugh S. “Beau” Cummins III will resign from his role, ...
2d
KeyBank hires next CRO from Truist
Mo Ramani replaces Darrin Benhart, who will move into a newly created role as Key’s chief regulatory officer, a spokesperson ...
American Banker
1d
Truist details how it will finally grow, 5 years post-merger
The super-regional bank plans to invest in talent, technology and certain locations in 2025, while keeping its expenses in ...
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