Truist Financial Corporation (TFC) Presents at Morgan Stanley US Financials Conference Transcript
Truist Financial Corporation (NYSE:TFC ) Morgan Stanley US Financials Conference Call June 11, 2025 9:45 AM ET Company Participants William Henry Rogers - Executive Chairman & CEO Conference Call Participants Betsy Lynn Graseck - Morgan Stanley, Research Division Betsy Lynn Graseck Okay. Thanks, everybody, for joining us this morning.
Truist strengthens commercial banking teams across Ohio and Western Pennsylvania
CLEVELAND , June 11, 2025 /PRNewswire/ -- Truist Financial Corporation today announced the expansion of its commercial banking teams across Ohio and Western Pennsylvania to support Truist's ability to generate new clients and deepen existing relationships in the region. With recent hires, Truist has added a dozen commercial and middle market bankers in key markets, including Cleveland, Columbus, Cincinnati and Pittsburgh.
Truist appoints Jonathan Pruzan to its board of directors
CHARLOTTE, N.C. , May 29, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the appointment of Jonathan Pruzan to its board of directors.
Truist provides schedule for 2026 earnings conference calls
CHARLOTTE, N.C. , May 1, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will host conference calls to review 2026 quarterly financial results on the following dates and times: First quarter 2026 – Friday, April 17, 2026, at 8 a.m.
Truist declares common and preferred stock dividends
CHARLOTTE, N.C. , April 29, 2025 /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 June 2, 2025, to shareholders of record at the close of business on May 9, 2025.
Truist Securities enhances Industrials and Services expertise
Firm adds three new managing directors to its investment banking team ATLANTA , April 24, 2025 /PRNewswire/ -- Truist Securities announced today three new senior hires to its Industrials and Services investment banking team, deepening the firm's expertise across the key industries of aerospace and defense, building products and basic materials, and transportation and logistics. These additions reflect Truist's continued investment in talent and sustained growth, particularly in strategically important sectors of the economy.
Truist: Solid Q1 And Buybacks Create Upside Potential (Rating Upgrade)
Truist shares have dropped over 25%, now offering a 5.8% dividend yield and sub-10x forward multiple, with Q1 results showing solid performance and share repurchase plans. Deposits grew 0.6% sequentially, but deposit costs fell only 24bps despite a 100bps rate drop, raising concerns about future rate cuts. Truist's net interest margin fell to 3.01%, but asset sales and reinvestment at higher yields should stabilize NII; credit costs may rise due to tariffs.
Truist Financial: Q1 Earnings And Valuation Prompt A Rating Upgrade
Truist Financial Corporation's Q1 2025 earnings report was solid, with disciplined expense management leading to positive operating leverage - despite a 3.2% decline in net revenues. The bank's asset quality remains strong, with stable nonperforming assets and net charge-offs in line with larger competitor U.S. Bancorp. Continued share buybacks, totaling $500 million in Q1 and likely $750 million in Q2, underline management's confidence in the bank's fundamentals.
Truist Financial's Q1 Earnings Beat Estimates on Higher NII, Stock Up
TFC's first-quarter 2025 earnings top estimates on higher NII and lower non-interest expenses. Yet, lower non-interest income and higher provisions remain woes.
Truist Financial Corporation (TFC) Q1 2025 Earnings Call Transcript
Truist Financial Corporation (NYSE:TFC ) Q1 2025 Earnings Conference Call April 17, 2025 8:00 AM ET Company Participants Brad Milsaps - Investor Relations Bill Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Brad Bender - Chief Risk Officer Conference Call Participants Ken Usdin - Autonomous Research John Pancari - Evercore Erika Najarian - UBS Mike Mayo - Wells Fargo Betsy Graseck - Morgan Stanley Matt O'Connor - Deutsche Bank Ebrahim Poonawala - Bank of America Gerard Cassidy - RBC Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation First Quarter 2025 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Truist Financial (TFC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Truist Financial (TFC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Truist Financial Corporation (TFC) Q1 Earnings Surpass Estimates
Truist Financial Corporation (TFC) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.90 per share a year ago.
