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Stock impact report

Truist: Mixed Results But A Supportive Buyback [Seeking Alpha]

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Seeking Alpha
TFC's deposit growth continues to lag peers, with only 1.7% YoY growth and ongoing margin pressure from elevated deposit competition. Loan growth is steady but slowing, with limited direct CRE exposure; credit metrics are mixed, but reserves and capital remain robust. Management trimmed 2024 revenue growth guidance to 4% and increased the buyback target to $5B, supporting EPS but limiting upside. Art Wager/iStock Unreleased via Getty Images Shares of Truist Financial Corporation ( TFC ) have been a strong performer over the past year, enjoying a 40% rally as the market recovered from last April's sell-off. That said, shares have been more volatile of late, with headlines Show less Read more
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