Truist (TFC) Q3 2024 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]
Truist Financial Corporation (TFC)
Last truist financial corporation earnings: 4/20 05:45 am
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Source: Globe and Mail, The
Chairman and Chief Executive Officer — William H. Rogers Jr. Chief Financial Officer — Michael J. Maguire Head of Investor Relations — Brad Milsaps Takeaways GAAP Net Income Available to Common Shareholders -- $1.3 billion, or $0.99 per share, reflecting stable core earnings performance. Adjusted EPS -- $0.97 per share, excluding small discrete items from the Truist Insurance Holdings sale gain ($36 million pre-tax) and the FDIC special assessment reduction ($16 million pre-tax). Adjusted Revenue -- Increased 2.4% sequentially, driven by a 2.2% improvement in net interest income and a 3.1% increase in non-interest income, primarily from investment banking and trading revenue. Efficiency Ratio -- Improved both sequentially and on a like-quarter basis, supported by less than 1% sequential growth in adjusted expenses and a third consecutive quarter of year over year adjusted expense decline. Shareholder Returns -- $1.2 billion returned through common dividends and $500 m
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News
- Truist Still A 'Show Me Story,' Now With A More Challenging Macro Situation [Seeking Alpha]Seeking Alpha
- Truist Financial (TFC) had its price target lowered by Morgan Stanley from $63.00 to $62.00. They now have an "overweight" rating on the stock.MarketBeat
- Truist Financial (TFC) had its "outperform" rating reaffirmed by Royal Bank Of Canada.MarketBeat
- Truist Financial: Undervalued Income Story With Improving Returns [Seeking Alpha]Seeking Alpha
- Truist: Mixed Results But A Supportive Buyback [Seeking Alpha]Seeking Alpha
TFC
Earnings
- 4/17/26 - Beat
TFC
Sec Filings
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- TFC's page on the SEC website