Truist Financial (NYSE:TFC – Get Free Report) is projected to announce its Q2 2026 results before the market opens on Friday, July 17th. Analysts expect Truist Financial to post earnings of $1.08 per share and revenue of $5.2389 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 17, 2026 at 8:00 AM ET.
Truist Financial (NYSE:TFC – Get Free Report) last announced its earnings results on Friday, April 17th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.09. Truist Financial had a return on equity of 9.55% and a net margin of 18.14%.The business had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.18 billion. During the same quarter last year, the firm earned $0.87 EPS. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, analysts expect Truist Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Truist Financial Trading Up 3.2%
Shares of NYSE:TFC opened at $51.29 on Friday. The company has a market capitalization of $63.90 billion, a PE ratio of 12.73, a P/E/G ratio of 0.87 and a beta of 0.89. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.70. Truist Financial has a 12-month low of $40.78 and a 12-month high of $56.19. The business’s fifty day simple moving average is $49.16 and its 200-day simple moving average is $49.42.
Truist Financial Announces Dividend
Institutional Investors Weigh In On Truist Financial
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kemnay Advisory Services Inc. purchased a new stake in shares of Truist Financial during the fourth quarter worth about $25,000. Swiss RE Ltd. purchased a new position in shares of Truist Financial in the 4th quarter valued at approximately $26,000. McMillan Office Inc. purchased a new position in shares of Truist Financial in the 4th quarter valued at approximately $31,000. Ancora Advisors LLC boosted its stake in Truist Financial by 259.1% in the 3rd quarter. Ancora Advisors LLC now owns 693 shares of the insurance provider’s stock worth $32,000 after purchasing an additional 500 shares in the last quarter. Finally, Gen Wealth Partners Inc acquired a new stake in Truist Financial in the 4th quarter worth approximately $39,000. 71.28% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on TFC shares. Raymond James Financial reiterated a “market perform” rating on shares of Truist Financial in a research note on Wednesday, July 1st. Royal Bank Of Canada increased their price target on shares of Truist Financial from $51.00 to $53.00 and gave the company an “outperform” rating in a research report on Monday, April 20th. Bank of America reissued a “neutral” rating and set a $56.00 price target (up from $54.00) on shares of Truist Financial in a research report on Wednesday. Robert W. Baird cut shares of Truist Financial from an “outperform” rating to a “neutral” rating and set a $55.00 price target on the stock. in a report on Friday, May 1st. Finally, Jefferies Financial Group reaffirmed a “mixed” rating and issued a $45.00 price objective on shares of Truist Financial in a research report on Friday, April 17th. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $54.47.
Read Our Latest Research Report on TFC
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.
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