These Analysts Revise Their Forecasts On Truist Financial Following Q2 Results

Benzinga Earnings

Jul 20

Truist Financial Corp. (NYSE:TFC) reported upbeat second-quarter earnings on Friday.

The bank earned $1.23 per diluted share in the second quarter, clearing the analyst consensus of $1.08 by nearly 14% and representing a 35% improvement from the 90 cents per share delivered in the same period last year. Revenue of $5.27 billion edged past the $5.24 billion consensus estimate and came in 4.67% above the year-ago figure.

For the third quarter Truist is guiding for revenue of approximately $5.35 billion, just below the analyst estimate of $5.38 billion. For the full year the bank widened its revenue outlook to a range of $21.22 billion to $21.32 billion, bracketing the prior consensus estimate of $21.28 billion.

Truist Financial shares gained 0.2% to $52.60 in pre-market trading.

These analysts made changes to their price targets on Truist Financial following earnings announcement.

JP Morgan analyst Vivek Juneja downgraded the stock from Neutral to Underweight and lowered the price target from $53.5 to $53.
Baird analyst David George maintained the stock with a Neutral and raised the price target from $55 to $56.

Considering buying TFC stock? Here’s what analysts think:

Photo via Shutterstock

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2652218193"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2652218193\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2652218193?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-20 19:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2652218193","market":"us","top_or_hot":-1,"title":"These Analysts Revise Their Forecasts On Truist Financial Following Q2 Results","media":"Benzinga Earnings","content":"<html><body><p><strong><a href=\"https://laohu8.com/S/TFC\">Truist Financial Corp</a>.</strong> (NYSE:TFC) reported upbeat second-quarter earnings on Friday.</p>\n<p>The bank earned $1.23 per diluted share in the second quarter, clearing the analyst consensus of $1.08 by nearly 14% and representing a 35% improvement from the 90 cents per share delivered in the same period last year. Revenue of $5.27 billion edged past the $5.24 billion consensus estimate and came in 4.67% above the year-ago figure.</p>\n<p>For the third quarter Truist is guiding for revenue of approximately $5.35 billion, just below the analyst estimate of $5.38 billion. For the full year the bank widened its revenue outlook to a range of $21.22 billion to $21.32 billion, bracketing the prior consensus estimate of $21.28 billion.</p>\n<p>Truist Financial shares gained 0.2% to $52.60 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on Truist Financial following earnings announcement.</p>\n<ul>\n<li>JP Morgan analyst Vivek Juneja downgraded the stock from Neutral to Underweight and lowered the price target from $53.5 to $53.</li>\n<li>Baird analyst David George maintained the stock with a Neutral and raised the price target from $55 to $56.</li>\n</ul>\n<p><strong>Considering buying TFC  stock? 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Revenue of $5.27 billion edged past the $5.24 billion consensus estimate and came in 4.67% above the year-ago figure.</p>\n<p>For the third quarter Truist is guiding for revenue of approximately $5.35 billion, just below the analyst estimate of $5.38 billion. For the full year the bank widened its revenue outlook to a range of $21.22 billion to $21.32 billion, bracketing the prior consensus estimate of $21.28 billion.</p>\n<p>Truist Financial shares gained 0.2% to $52.60 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on Truist Financial following earnings announcement.</p>\n<ul>\n<li>JP Morgan analyst Vivek Juneja downgraded the stock from Neutral to Underweight and lowered the price target from $53.5 to $53.</li>\n<li>Baird analyst David George maintained the stock with a Neutral and raised the price target from $55 to $56.</li>\n</ul>\n<p><strong>Considering buying TFC  stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"443\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/20075036/image-557-1024x443.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/20075036/image-557-1024x443.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/20075036/image-557-300x130.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/20075036/image-557-768x332.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/20075036/image-557.png 1250w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TFC","symbol_name":"Truist Financial Corp","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/07/60547835/these-analysts-revise-their-forecasts-on-truist-financial-following-q2-results","article_id":"2652218193","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2652218193","pubTimestamp":1784548316,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga Earnings","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Truist Financial Corp. (TFC) reported strong Q2 earnings, beating analyst expectations. Analysts have mixed opinions on buying TFC stock.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TFC":"Truist Financial Corp","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","FTXO":"First Trust Nasdaq Bank ETF","BK4211":"区域性银行","BK4588":"碎股","BK4585":"ETF&股票定投概念","IAT":"安硕美国地区银行ETF"},"translate_title":"这些分析师在第二季度业绩公布后修改了对 Truist Financial 的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IAT":0.6,"TFC":1,"FTXO":0.6},"content_text":"Truist Financial Corp. (NYSE:TFC) reported upbeat second-quarter earnings on Friday.\nThe bank earned $1.23 per diluted share in the second quarter, clearing the analyst consensus of $1.08 by nearly 14% and representing a 35% improvement from the 90 cents per share delivered in the same period last year. Revenue of $5.27 billion edged past the $5.24 billion consensus estimate and came in 4.67% above the year-ago figure.\nFor the third quarter Truist is guiding for revenue of approximately $5.35 billion, just below the analyst estimate of $5.38 billion. For the full year the bank widened its revenue outlook to a range of $21.22 billion to $21.32 billion, bracketing the prior consensus estimate of $21.28 billion.\nTruist Financial shares gained 0.2% to $52.60 in pre-market trading.\nThese analysts made changes to their price targets on Truist Financial following earnings announcement.\n\nJP Morgan analyst Vivek Juneja downgraded the stock from Neutral to Underweight and lowered the price target from $53.5 to $53.\nBaird analyst David George maintained the stock with a Neutral and raised the price target from $55 to $56.\n\nConsidering buying TFC  stock? Here’s what analysts think:\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}