Reports Q2 revenue $5.04B, consensus $5.03B. Reports Q2 CET1 capital ratio 11%. Reports Q2 CEt1 capital ratio .51%. The company said, “We delivered strong second-quarter results, driven by strategic loan growth and higher net interest income derived from continued strong production from our business. Our performance reflects the value of our client-centric business model and momentum in our strategy, as we see tangible results from investments we have made in talent and technology across our platforms.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFC:
- TFC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Truist Financial price target raised to $50 from $46 at BofA
- Truist Financial price target raised to $46 from $40.50 at JPMorgan
- Truist Financial downgraded to Market Perform from Outperform at Keefe Bruyette
- Truist Financial unveils Truist Merchant Engage