Truist Financial (TFC) Set to Release Quarterly Earnings on Friday

Truist Financial (NYSE:TFC) is expected to be issuing its Q3 2026 results before the market opens on Friday, October 16th. Analysts expect the company to post earnings of $1.14 per share and revenue of $5.35 billion for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 16, 2026 at 8:00 AM ET.

Truist Financial (NYSE:TFC) last issued its earnings results on Friday, July 17th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.15. Truist Financial had a net margin of 19.13% and a return on equity of 10.06%. The company had revenue of $5.31 billion during the quarter, compared to analysts’ expectations of $5.24 billion. During the same period last year, the company posted $0.91 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. On average, analysts expect Truist Financial to post $4.67 EPS for the current fiscal year and $4.94 EPS for the next fiscal year.

Truist Financial Price Performance

TFC stock opened at $45.55 on Thursday. The firm has a 50 day moving average of $49.39 and a 200-day moving average of $49.61. Truist Financial has a 12-month low of $40.78 and a 12-month high of $56.19. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.73. The company has a market cap of $55.64 billion, a price-to-earnings ratio of 10.25, a PEG ratio of 1.02 and a beta of 0.92.

Truist Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were issued a $0.52 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.6%. Truist Financial’s dividend payout ratio is currently 47.71%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TFC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Truist Financial in a research note on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and set a $57.00 price objective on shares of Truist Financial in a report on Monday, July 6th. Bank of America reiterated a “neutral” rating and set a $56.00 target price (up from $54.00) on shares of Truist Financial in a research report on Wednesday, July 8th. Robert W. Baird upped their target price on Truist Financial from $55.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, July 20th. Finally, Stephens lowered their target price on Truist Financial from $59.00 to $57.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Truist Financial has a consensus rating of “Hold” and an average target price of $54.39.

Insider Buying and Selling at Truist Financial

In other news, Director K. Boyer, Jr. sold 3,986 shares of the firm’s stock in a transaction that occurred 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 directly owned 10,270 shares of the company’s stock, valued at $520,689. This trade represents a 27.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Dontá Wilson sold 13,280 shares of Truist Financial stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $51.85, for a total value of $688,568.00. Following the transaction, the insider owned 56,009 shares of the company’s stock, valued at $2,904,066.65. This represents a 19.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 30,516 shares of company stock worth $1,584,428. 0.15% of the stock is currently owned by insiders.

About Truist Financial

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.