Truist Financial Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga Earnings
43 mins ago

Truist Financial Corporation (NYSE:TFC) will release earnings for its third quarter before the opening bell on Friday, Oct. 16.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $1.07 per share, up from $1.04 per share in the year-ago period. The consensus estimate for TFC’s quarterly revenue is $5.36 billion. It reported $5.24 billion last year, according to Benzinga Pro.

On Sept. 17, Truist announced redemption of subordinated notes due Oct. 2026.

Truist Financial shares fell 1.5% to close at $45.58 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • UBS analyst Erika Najarian maintained a Neutral rating and cut the price target from $55 to $50 on Oct. 5, 2026. This analyst has an accuracy rate of 63%.
  • JP Morgan analyst Vivek Juneja maintained an Underweight rating and cut the price target from $54 to $50.5 on Oct. 2, 2026. This analyst has an accuracy rate of 57%.
  • Evercore ISI Group analyst John Pancari maintained the stock with an Outperform rating and slashed the price target from $56 to $54 on Oct. 1, 2026. This analyst has an accuracy rate of 61%.
  • Stephens & Co. analyst Andrew Terrell maintained an Overweight rating and raised the price target from $54 to $54 on July 29, 2026. This analyst has an accuracy rate of 66%.
  • Baird analyst David George maintained the stock with a Neutral rating and increased the price target from $55 to $56 on July 20, 2026. This analyst has an accuracy rate of 72%.

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

Photo via Shutterstock

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