Analyst Consensus ?
ConsensusHold53 ratings
Bullish2649.0%
Neutral2445.3%
Bearish35.7%
Truist Financial Corporation · TFC · FY2025 Q1 · Calendar Q2 2025
Truist lowers revenue outlook while maintaining capital strength
The quarter supports a mixed view: resilient consumer, premier-banking, and wholesale activity plus digital execution provide operating support, but the lowered revenue outlook shows that macro conditions and weaker investment-banking activity are limiting near-term earnings momentum.
Reported Before market openNYSEFinancial Services
$58.11B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $0.87
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $4.98B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-0.3%
Event window
SPY move
+0.1%
Same window
Abnormal move
-0.4%
Stock minus SPY
Volume
1.1×
Versus trailing sessions
Subsequent drift
+15.3%
Up to 20 sessions
TFCSPY benchmark
Ask FN2 about TFC FY2025 Q1
Transcript, numbers and history already loaded
What drove TFC's -0.3% move after FY2025 Q1 earnings?What changed in TFC's guidance and outlook in FY2025 Q1?Give me the bull and bear case for TFC after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the outlook became more cautious: revenue guidance was lowered and fixed-rate asset-repricing benefits were expected to be 40–50 basis points lower than previously forecast. At the same time, Truist introduced or expanded AI-enabled client tools, maintained capital-return plans, and continued to emphasize expense discipline.
Guidance delta
Lowered: full-year revenue growth guidance was reduced to 1.5%–2.5% as investment-banking and trading revenue were expected to flatten.
Key takeaways
- Truist reported continued loan and deposit growth, with 1.3% loan growth and 3.4% deposit growth year over year.
- Management lowered full-year revenue growth guidance to 1.5%–2.5% because of slower investment banking and a flatter yield curve.
- The company highlighted a strong capital position and a target of up to $750 million in Q2 share repurchases.
- Digital initiatives expanded, including 195,000 new digital accounts and AI tools handling more than 1 million client conversations.
- Expense discipline improved the efficiency ratio by 130 basis points year over year.
Management priorities
- Continue investing in technology, talent, and digital client-experience tools.
- Expand premier banking and middle-market client relationships.
- Develop real-time payments capabilities and Zelle integration.
- Maintain expense discipline while pursuing the stated Q2 share-repurchase target.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$45.92Current
$36Low
$56.43Average
$136High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 14, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | Neutral | Maintain | Oct 5, 2026 |
| JP Morgan | Underweight | Underweight | Maintain | Oct 2, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Oct 1, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | Jul 21, 2026 |
| Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintain | Jul 20, 2026 |
| Baird | Neutral | Neutral | Maintain | Jul 20, 2026 |
| B of A Securities | Neutral | Buy | Downgrade | Jul 8, 2026 |
| Morgan Stanley | Equal Weight | Overweight | Downgrade | Jul 6, 2026 |
| Raymond James | Market Perform | Outperform | Downgrade | Jul 1, 2026 |
| Citigroup | Neutral | Buy | Downgrade | Jun 30, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Apr 20, 2026 |
| Argus Research | Buy | Buy | Maintain | Jan 23, 2026 |
| TD Cowen | Buy | Buy | Maintain | Jan 22, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Jan 22, 2026 |
| Barclays | Underweight | Equal Weight | Downgrade | Jan 5, 2026 |
| Wells Fargo | Equal Weight | Overweight | Downgrade | Aug 21, 2025 |
| Compass Point | Buy | Buy | Maintain | Dec 10, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Nov 26, 2024 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Aug 9, 2024 |
| HSBC | Hold | Hold | Maintain | May 8, 2024 |
| Stephens& Co. | Overweight | Overweight | Maintain | Apr 23, 2024 |
| Jefferies | Hold | Hold | Maintain | Apr 8, 2024 |
| Odeon Capital | Buy | Hold | Upgrade | Dec 14, 2023 |
| Credit Suisse | Neutral | Neutral | Maintain | Jul 20, 2023 |
| Deutsche Bank | Hold | Buy | Downgrade | Jan 6, 2023 |
| CFRA | Buy | Buy | Maintain | Apr 21, 2020 |
| Janney Montgomery Scott | Neutral | Neutral | Maintain | Apr 9, 2020 |
| Janney Capital | Neutral | Neutral | Maintain | Apr 9, 2020 |
| BMO Capital | Outperform | Outperform | Maintain | Feb 11, 2019 |
| Bank of America | Buy | Neutral | Upgrade | Feb 8, 2019 |
| B. Riley FBR | Buy | Buy | Maintain | Jul 20, 2018 |
| Hilliard Lyons | Buy | Neutral | Upgrade | Apr 23, 2018 |
| Edward Jones | Buy | Hold | Upgrade | Apr 11, 2018 |
| Macquarie | Neutral | Underperform | Upgrade | Aug 4, 2017 |
| Keefe Bruyette & Woods | Perform | Market Perform | Maintain | Oct 19, 2016 |
| FBR Capital | Perform | Outperform | Downgrade | Oct 11, 2016 |
| CLSA | Outperform | Outperform | Maintain | Sep 23, 2016 |
| Sandler O'Neill | Hold | Buy | Downgrade | Jun 29, 2016 |
| SunTrust Robinson Humphrey | Outperform | Neutral | Upgrade | May 16, 2016 |
| Fig Partners | Outperform | Market Perform | Upgrade | May 10, 2016 |
| PiperJaffray | Underweight | Neutral | Downgrade | Mar 28, 2016 |
| Guggenheim | Buy | Neutral | Upgrade | May 26, 2015 |
| Susquehanna | Neutral | Neutral | Maintain | May 11, 2015 |
| Argus | Buy | Buy | Maintain | Apr 8, 2015 |
| Miller Tabak | Buy | Hold | Upgrade | Mar 9, 2015 |
| Rafferty | Hold | Buy | Downgrade | Dec 30, 2014 |
| Sterne Agee | Buy | Neutral | Upgrade | Oct 27, 2014 |
| Bernstein | Perform | Market Perform | Maintain | Oct 7, 2014 |
| Wunderlich | Buy | Buy | Maintain | Jan 16, 2014 |
| ISI Group | Neutral | Neutral | Maintain | Oct 7, 2013 |
| Oppenheimer | Outperform | Market Perform | Upgrade | Oct 1, 2013 |
| Evercore Partners | Overweight | Equal Weight | Upgrade | Jun 10, 2013 |
| Drexel Hamilton | Buy | Buy | Maintain | Oct 2, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $45.92. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Analyst unavailable | $52 | $45.58 | +13.2% | Oct 8, 2026 |
| UBS | Erika Najarian | $50 | $46.45 | +8.9% | Oct 5, 2026 |
| Stephens | Analyst unavailable | $57 | $51 | +24.1% | Jul 21, 2026 |
| Robert W. Baird | Analyst unavailable | $56 | $52.5 | +22.0% | Jul 20, 2026 |
| Evercore ISI | John Pancari | $57 | $51.1 | +24.1% | Jul 6, 2026 |
| Truist Financial | Benjamin Gerlinger | $54 | $50.58 | +17.6% | Jun 30, 2026 |
| Truist Financial | Analyst unavailable | $59 | $49.78 | +28.5% | Jun 15, 2026 |
| Morgan Stanley | Analyst unavailable | $62 | $51.02 | +35.0% | Apr 20, 2026 |
| RBC Capital | Analyst unavailable | $53 | $50.91 | +15.4% | Apr 20, 2026 |
| Jefferies | Analyst unavailable | $45 | $50.56 | -2.0% | Apr 17, 2026 |
| Truist Financial | Analyst unavailable | $69 | $51.9 | +50.3% | Feb 17, 2026 |
| Evercore ISI | Analyst unavailable | $64 | $55.03 | +39.4% | Feb 5, 2026 |
| Argus Research | Analyst unavailable | $58 | $50.58 | +26.3% | Jan 23, 2026 |
| Piper Sandler | Analyst unavailable | $53 | $50.02 | +15.4% | Jan 22, 2026 |
| Truist Financial | Analyst unavailable | $50 | $50.51 | +8.9% | Jan 7, 2026 |
| Raymond James | Analyst unavailable | $56 | $51.18 | +22.0% | Jan 7, 2026 |
| Truist Financial | John Pancari | $58 | $50.4 | +26.3% | Jan 6, 2026 |
| Goldman Sachs | Analyst unavailable | $58 | $50.42 | +26.3% | Jan 6, 2026 |
| Truist Financial | Jason Goldberg | $56 | $49.74 | +22.0% | Jan 5, 2026 |
| UBS | Analyst unavailable | $55 | $43.45 | +19.8% | Oct 21, 2025 |
| Piper Sandler | Analyst unavailable | $48 | $42.6 | +4.5% | Oct 20, 2025 |
| Morgan Stanley | Analyst unavailable | $55 | $42.6 | +19.8% | Oct 20, 2025 |
| Evercore ISI | Analyst unavailable | $50 | $45.92 | +8.9% | Sep 30, 2025 |
| Morgan Stanley | Analyst unavailable | $54 | $46.02 | +17.6% | Sep 29, 2025 |
| Argus Research | Analyst unavailable | $43 | $35.31 | -6.4% | Apr 21, 2025 |
| Truist Financial | Analyst unavailable | $52 | $43.11 | +13.2% | Mar 5, 2025 |
| RBC Capital | Gerard Cassidy | $46 | $42.95 | +0.2% | Oct 18, 2024 |
| Stephens | Terry McEvoy | $50 | $41.63 | +8.9% | Sep 10, 2024 |
| Piper Sandler | Scott Siefers | $43 | $44.22 | -6.4% | Sep 3, 2024 |
| Argus Research | Stephen Biggar | $51 | $43.78 | +11.1% | Jul 23, 2024 |
| Wolfe Research | Bill Carcache | $45 | $43.78 | -2.0% | Jul 22, 2024 |
| Evercore ISI | John Pancari | $48 | $43.78 | +4.5% | Jul 22, 2024 |
| Truist Financial | David George | $45 | $42.44 | -2.0% | Jul 17, 2024 |
| Stephens | Terry McEvoy | $47 | $40.18 | +2.4% | May 16, 2024 |
| Barclays | Jason Goldberg | $43 | $40.18 | -6.4% | May 16, 2024 |
| Piper Sandler | Scott Siefers | $41 | $39.48 | -10.7% | May 14, 2024 |
| Truist Financial | David Rochester | $42 | $38.96 | -8.5% | Apr 23, 2024 |
| Truist Financial | Ebrahim Poonawala | $43 | $37.16 | -6.4% | Jan 4, 2024 |
| Truist Financial | David Konrad | $36 | $28.37 | -21.6% | Sep 20, 2023 |
| Truist Financial | Terry McEvoy | $53 | $49.39 | +15.4% | Jan 31, 2023 |
| Goldman Sachs | Analyst unavailable | $51 | $44.08 | +11.1% | Sep 30, 2022 |
| Truist Financial | Youssef Squali Squali | $136 | $43.97 | +196.2% | Sep 30, 2022 |
| Truist Financial | Stephen Scouten | $55 | $43.04 | +19.8% | Sep 28, 2022 |
| Deutsche Bank | Analyst unavailable | $61 | $49.33 | +32.8% | Sep 12, 2022 |
| Morgan Stanley | Analyst unavailable | $56 | $47.4 | +22.0% | Jul 12, 2022 |
| Goldman Sachs | Analyst unavailable | $57 | $49.13 | +24.1% | May 31, 2022 |
| Evercore ISI | John Pancari | $74 | $64.11 | +61.1% | Jan 19, 2022 |
| Piper Sandler | Stephen Scouten | $72 | $66.68 | +56.8% | Jan 18, 2022 |
| Barclays | Jason Goldberg | $72 | $59.96 | +56.8% | Jan 3, 2022 |
| Wells Fargo | Mike Mayo | $76 | $59.17 | +65.5% | Oct 4, 2021 |
| Citigroup | Keith Horowitz | $72 | $59.34 | +56.8% | Oct 1, 2021 |
| KBW | David Konrad | $49 | $53.18 | +6.7% | Jul 6, 2021 |
| Compass Point | Dave Rochester | $67 | $59.8 | +45.9% | May 18, 2021 |
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Start freeCompany context
Snapshot as of publicationTruist Financial Corporation operates as a diversified financial holding company, providing an extensive array of banking and trust services throughout the Southeastern and Mid-Atlantic regions of the United States. Its business activities are structured across three main segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The corporation offers a broad spectrum of deposit products, including both interest-bearing and noninterest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Beyond deposit services, Truist delivers a comprehensive suite of financial solutions. These include various lending options such as automobile, bankcard, consumer, home equity, mortgage, small business, and student loans, alongside specialized commercial financing for areas like floor plan, real estate, and mortgage warehousing, as well as lease and supply chain financing.…
Historical context
All TFC earningsFinancial Services peers this season
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| C Citigroup Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -4.0% | Citi raises ROTCE outlook as Services and Wealth lead growth |
| JPM-PK JPMorgan Chase & Co. | FY2026 Q3 · Calendar Q4 2026 | — | — | JPMorgan posts strong Q3 as AI investment and 2027 risks remain |
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Latest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-03T00:02:43.581688+00:00
- Polygon adjusted daily market bars · 2026-10-14T00:40:43.335760+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-14T00:40:43.333119+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-14. For educational purposes only; not investment advice.