Truist Financial Corporation (TFC) is expected to grow its earnings ahead of its forthcoming release while Nordea Investment Management AB has $4.64 million stock holdings in the financial company. The shares have remained steady, though they have trailed the market. The company's stock has featured in various ratings lists being lowered to 'Sell' by StockNews.com, upgraded by HSBC Global Res, and being placed on UBS’ list for its AI, growth and low rates achievements.
Its Q2 and Q3 earnings reports surpassed estimates. Looking forward, Truist Financial has set its Q4 2024 earnings release date. After a positive period, it has been viewed as a valuable stock investment. The financial company has been actively involved in leadership adjustments, including appointing Brad Bender as the new Chief Risk Officer following the retirement of Clarke R. Starnes III.
Furthermore, its third-quarter earnings exceeded Wall Street projections, as investment banking and trading income climbed, and it announced a three-year, $725 million commitment to support a post-hurricane recovery initiative. Lastly, its stock has hit a 52-week high amidst solid growth.
Truist Financial Corporation TFC News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Sat, 11 Jan 2025 09:12:22 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor -5
