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Truist Financial (TFC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Does Truist Financial Corporation (TFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
CHARLOTTE, N.C. , July 23, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on September 3, 2024, to shareholders of record at the close of business on August 9, 2024.
Truist Financial Corporation TFC posted better-than-expected quarterly earnings on Monday.
Truist Financial (TFC) on Monday posted second-quarter profit that fell by a third from last year, but its stock rose as adjusted earnings per share (EPS) beat analysts' expectations.
Truist Financial Corporation (NYSE:TFC ) Q2 2024 Earnings Conference Call July 22, 2024 8:00 PM ET Company Participants Brad Milsaps - Investor Relations William Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Clarke Starnes - Vice Chair and Chief Risk Officer Conference Call Participants Ryan Nash - Goldman Sachs Ken Usdin - Jefferies Scott Siefers - Piper Sandler Erika Najarian - UBS Betsy Graseck - Morgan Stanley John Pancari - Evercore ISI Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation Second Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Although the revenue and EPS for Truist Financial (TFC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
A rise in fee income, lower adjusted expenses and a decline in provisions support Truist's (TFC) Q2 earnings amid weakness in NII.
Truist Financial Corporation (TFC) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.95 per share a year ago.
CHARLOTTE, N.C. , July 22, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its second quarter 2024 results today.