Truist Financial (TFC) Projected to Announce Earnings on Friday

Key Points

• Truist Financial is expected to report Q3 2026 results before market open on October 16. Analysts forecast earnings of $1.14 per share on revenue of approximately $5.35 billion.
• The company beat expectations in its latest quarter, reporting $1.23 EPS versus the $1.08 consensus and $5.31 billion in revenue. Revenue increased 5.6% year over year.
• Truist recently paid a quarterly dividend of $0.52 per share, equivalent to a 4.5% yield, while analysts maintain a consensus “Hold” rating and an average price target of $54.39.

Truist Financial (NYSE:TFC - Get Free Report) is projected to issue its Q3 2026 results before the market opens on Friday, October 16th. Analysts expect the company to announce earnings of $1.14 per share and revenue of $5.3499 billion for the quarter. Parties may review the information on the company's upcoming Q3 2026 earning report for the latest details on the call scheduled for Friday, October 16, 2026 at 8:00 AM ET.

Truist Financial (NYSE:TFC - Get Free Report) last issued its quarterly earnings data on Friday, July 17th. The insurance provider reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.15. The business had revenue of $5.31 billion during the quarter, compared to the consensus estimate of $5.24 billion. Truist Financial had a net margin of 19.13% and a return on equity of 10.06%. The company's revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 EPS. 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 1.4%

NYSE TFC opened at $46.20 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.86 and a quick ratio of 0.86. The firm's fifty day moving average price is $49.90 and its 200 day moving average price is $49.58. The company has a market capitalization of $56.44 billion, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 0.95 and a beta of 0.92. Truist Financial has a 12 month low of $40.78 and a 12 month high of $56.19.

Truist Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, August 14th. Truist Financial's payout ratio is presently 47.71%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TFC shares. Wells Fargo & Company set a $52.00 price target on Truist Financial in a research note on Thursday. TD Cowen started coverage on shares of Truist Financial in a research report on Thursday. They set a "hold" rating and a $52.00 target price on the stock. Keefe, Bruyette & Woods upped their price target on shares of Truist Financial from $53.00 to $55.00 and gave the company a "market perform" rating in a research report on Monday, July 20th. Stephens lowered their price objective on shares of Truist Financial from $59.00 to $57.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 21st. Finally, Evercore restated an "outperform" rating and issued a $57.00 price objective on shares of Truist Financial in a research note on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Truist Financial presently has a consensus rating of "Hold" and a consensus target price of $54.39.

Insider Buying and Selling

In other Truist Financial news, Director K. Boyer, Jr. sold 3,986 shares of the company's stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $50.70, for a total transaction of $202,090.20. Following the completion of the transaction, the director owned 10,270 shares in the company, valued at approximately $520,689. This represents a 27.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Dontá Wilson sold 13,280 shares of Truist Financial stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $51.85, for a total transaction of $688,568.00. Following the completion of the sale, the insider directly owned 56,009 shares in the company, valued at approximately $2,904,066.65. The trade was a 19.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 30,516 shares of company stock valued at $1,584,428 in the last ninety days. Company insiders own 0.15% of the company's stock.

Truist Financial Company Profile

Truist Financial Corporation NYSE: TFC is a financial services company headquartered in Charlotte, North Carolina. Through its principal banking subsidiary, Truist Bank, the company provides a broad range of financial products and services to consumers, small businesses, commercial clients, and institutional customers.

Its offerings include deposit accounts, consumer and small-business lending, mortgages, credit cards, payments, treasury management, commercial and corporate banking, investment banking, wealth management, and asset management.

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