Zacks Research Issues Negative Estimate for TFC Earnings

Truist Financial Co. (NYSE:TFC) – Equities researchers at Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of Truist Financial in a report released on Thursday, December 19th. Zacks Research analyst R. Department now expects that the insurance provider will earn $1.05 per share for the quarter, down from their prior estimate of $1.08. The consensus estimate for Truist Financial’s current full-year earnings is $3.70 per share. Zacks Research also issued estimates for Truist Financial’s Q3 2026 earnings at $1.06 EPS and FY2026 earnings at $4.27 EPS.

Truist Financial (NYSE:TFC) last issued its quarterly earnings data on Thursday, October 17th. The insurance provider reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.08. The business had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.05 billion. Truist Financial had a negative net margin of 4.89% and a positive return on equity of 9.35%.

Other analysts also recently issued research reports about the company. UBS Group lifted their target price on Truist Financial from $47.00 to $49.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Keefe, Bruyette & Woods increased their price objective on Truist Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. StockNews.com upgraded shares of Truist Financial from a “sell” rating to a “hold” rating in a report on Friday, October 18th. Stephens reiterated an “overweight” rating and issued a $50.00 price target on shares of Truist Financial in a research note on Tuesday, September 10th. Finally, Citigroup raised their target price on shares of Truist Financial from $47.00 to $51.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Twelve research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Truist Financial has a consensus rating of “Hold” and a consensus price target of $48.53.

Truist Financial Stock Up 1.0 %

Shares of TFC stock opened at $43.99 on Monday. The firm’s fifty day moving average price is $45.24 and its two-hundred day moving average price is $42.67. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.62. Truist Financial has a 1 year low of $34.23 and a 1 year high of $49.06. The firm has a market capitalization of $58.40 billion, a P/E ratio of -30.76, a PEG ratio of 1.88 and a beta of 1.06.

Institutional Investors Weigh In On Truist Financial

Large investors have recently added to or reduced their stakes in the business. Bailard Inc. increased its stake in Truist Financial by 1.1% in the second quarter. Bailard Inc. now owns 48,074 shares of the insurance provider’s stock valued at $1,868,000 after purchasing an additional 502 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its position in shares of Truist Financial by 138.7% during the second quarter. Signature Estate & Investment Advisors LLC now owns 16,483 shares of the insurance provider’s stock worth $640,000 after purchasing an additional 9,577 shares during the period. Atomi Financial Group Inc. lifted its holdings in shares of Truist Financial by 36.6% in the 2nd quarter. Atomi Financial Group Inc. now owns 12,114 shares of the insurance provider’s stock worth $471,000 after purchasing an additional 3,246 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in Truist Financial by 2.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 14,339 shares of the insurance provider’s stock worth $557,000 after buying an additional 275 shares during the last quarter. Finally, Checchi Capital Advisers LLC grew its holdings in shares of Truist Financial by 4.9% during the second quarter. Checchi Capital Advisers LLC now owns 11,363 shares of the insurance provider’s stock valued at $441,000 after buying an additional 527 shares during the last quarter. Institutional investors and hedge funds own 71.28% of the company’s stock.

Insider Activity

In other Truist Financial news, Director K. David Jr. Boyer sold 4,966 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $46.20, for a total transaction of $229,429.20. Following the completion of the transaction, the director now owns 11,246 shares in the company, valued at approximately $519,565.20. This trade represents a 30.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William H. Rogers, Jr. acquired 34,180 shares of Truist Financial stock in a transaction dated Monday, November 25th. The stock was purchased at an average cost of $48.56 per share, for a total transaction of $1,659,780.80. Following the completion of the purchase, the chief executive officer now owns 691,451 shares in the company, valued at approximately $33,576,860.56. The trade was a 5.20 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.17% of the company’s stock.

Truist Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 8th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 4.73%. The ex-dividend date was Friday, November 8th. Truist Financial’s dividend payout ratio (DPR) is currently -145.45%.

Truist Financial Company Profile

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.