StreetInsider.com News Articles

Truist to speak at BancAnalysts Association of Boston Conference

Tue, 20 Oct 2026 16:03:00 -0400

CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire and Chief Wholesale Banking Officer Kristin Lesher will speak at the BancAnalysts Association of Boston (BAAB) Conference on Thursday, Nov. 5, 2026, at 10:25 a.m. ET.

Truist to speak at BancAnalysts Association of Boston Conference

Tue, 20 Oct 2026 16:03:00 -0400

Form 4 TRUIST FINANCIAL CORP For: Oct 16 Filed by: Wilson Donta L

Tue, 20 Oct 2026 15:20:00 -0400

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Truist Financial (TFC) PT Lowered to $54 at Stephens

Tue, 20 Oct 2026 06:38:46 -0400

(Updated - October 20, 2026 6:38 AM EDT)

Stephens analyst Matt Olney lowered the price target on Truist Financial (NYSE: TFC) to $54.00 (from $55.00) while maintaining a Overweight rating.

The analyst commented: "TFC 3Q included Op. EPS of $1.16 vs. our $1.13 and Street’s $1.12 with PPNR coming in-line to Street. Headlining the quarter was inaugural participation from recently-appointed CEO, Mike Lyons. Importantly, Mr. Lyons commentary included both a commitment to a 15% ROTCE in 2027 and 16%-18% longer-term ROTCE as well as little appetite in shrinking to greatness (although some B/S shrinkage will occur). Incremental details / bridge to 16%-18%

Truist Financial (TFC) PT Lowered to $54 at Stephens

Tue, 20 Oct 2026 06:38:46 -0400

(Updated - October 20, 2026 6:38 AM EDT)

Stephens analyst Matt Olney lowered the price target on Truist Financial (NYSE: TFC) to $54.00 (from $55.00) while maintaining a Overweight rating.

Citi cuts Truist Financial price target to $50 from $54

Tue, 20 Oct 2026 05:42:14 -0400

Citi analyst Keith Horowitz lowered his price target on Truist Financial (NYSE: TFC) to $50 from $54, while maintaining a Neutral rating on the stock.

The revision reflects updated risk-free rates and equity risk premium assumptions in Citi's cost-of-equity framework, as well as the expected impact of Truist's planned exit from its LightStream lending business.

Horowitz noted that the LightStream divestiture is expected to reduce net interest margin and balance sheet size, weighing on net interest income. The analyst said estimates were revised lower to account for these effects, and the model does not currently assume another securities restructuring that could offset

Truist Financial (TFC) PT Lowered to $51 at RBC Capital

Mon, 19 Oct 2026 07:22:15 -0400

RBC Capital analyst Gerard Cassidy lowered the price target on Truist Financial (NYSE: TFC) to $51.00 (from $53.00) while maintaining a Outperform rating.

Truist Financial (TFC) PT Lowered to $54 at Keefe, Bruyette & Woods

Mon, 19 Oct 2026 07:05:34 -0400

Keefe, Bruyette & Woods analyst Christopher McGratty lowered the price target on Truist Financial (NYSE: TFC) to $54.00 (from $55.00) while maintaining a Market Perform rating.

Infosys and Truist expand India capability center, onboard 1,000

Mon, 19 Oct 2026 06:35:19 -0400

Infosys (NYSE: INFY) and Truist Financial Corporation (NYSE: TFC) have expanded their collaboration to build out Truist's Global Capability Center (GCC) in Hyderabad, India, according to a press release from Infosys.

As part of the expanded arrangement, Truist is consolidating capabilities previously delivered through multiple suppliers in India into a unified operating model supported by Infosys. The two companies said they plan to celebrate the onboarding of more than 1,000 colleagues at the GCC later in October 2026.

Infosys will support the build-out, scaling, and transition of the center, integrating AI, technology, data, and operations into a single delivery framework. Truist said

Infosys and Truist expand India capability center, onboard 1,000

Mon, 19 Oct 2026 06:35:19 -0400

Infosys will support the build-out, scaling, and transition of the center, integrating AI, technology, data, and operations into a single delivery framework. Truist said

Infosys and Truist expand India capability center, onboard 1,000

Mon, 19 Oct 2026 06:35:19 -0400

Infosys will support the build-out, scaling, and transition of the center, integrating AI, technology, data, and operations into a single delivery framework. Truist said

Infosys and Truist expand India capability center, onboard 1,000

Mon, 19 Oct 2026 06:35:19 -0400

Infosys will support the build-out, scaling, and transition of the center, integrating AI, technology, data, and operations into a single delivery framework. Truist said

Infosys and Truist Strengthen Strategic Collaboration to Build a Global Capability Center in India

Mon, 19 Oct 2026 06:32:00 -0400

BENGALURU, India, Oct. 19, 2026 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, recently announced the expansion of its collaboration with Truist, one of the largest US-based financial services companies, to support the bank's continued build-out of its AI-first Global Capability Center in Hyderabad. Together with Infosys, Truist is strengthening

Infosys and Truist Strengthen Strategic Collaboration to Build a Global Capability Center in India

Mon, 19 Oct 2026 06:32:00 -0400

Infosys and Truist Strengthen Strategic Collaboration to Build a Global Capability Center in India

Mon, 19 Oct 2026 06:32:00 -0400

Infosys and Truist Strengthen Strategic Collaboration to Build a Global Capability Center in India

Mon, 19 Oct 2026 06:32:00 -0400

Truist shares edge down on revenue miss despite earnings beat

Fri, 16 Oct 2026 08:09:37 -0400

Investing.com -- On Friday, Truist Financial Corp. (NYSE:TFC) reported third quarter adjusted earnings per share of $1.16, beating analyst estimates of $1.14.

The Charlotte-based bank’s stock declined 2.53% in pre-market trading following the results.

Revenue came in at $3.79 billion on a taxable-equivalent basis, and fell short of the $5.35 billion consensus.

The bank posted adjusted net income available to common shareholders of $1.42 billion for the quarter ended September 30, up 12% from $1.35 billion in the prior year period. However, reported revenue of $3.75 billion missed expectations, impacted by a $1.45 billion loss on the sale of available-for-sale

Truist shares edge down on revenue miss despite earnings beat

Fri, 16 Oct 2026 08:09:37 -0400

Investing.com -- On Friday, Truist Financial Corp. (NYSE:TFC) reported third quarter adjusted earnings per share of $1.16, beating analyst estimates of $1.14.

The Charlotte-based bank’s stock declined 2.53% in pre-market trading following the results.

Revenue came in at $3.79 billion on a taxable-equivalent basis, and fell short of the $5.35 billion consensus.

Form 8-K TRUIST FINANCIAL CORP For: Oct 14

Fri, 16 Oct 2026 07:12:00 -0400

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Truist Financial names new consumer and small business banking leaders

Fri, 16 Oct 2026 07:02:58 -0400

Truist Financial Corporation (NYSE: TFC) announced several executive leadership appointments on Oct. 16, 2026, as the Charlotte, North Carolina-based bank restructures its consumer and small business banking operations.

D. Steve Boland will join Truist as vice chair. Boland previously served as chief administrative officer and president of Retail Banking at Bank of America before retiring in 2025.

Shimna Sameer, who was previously announced as the incoming head of Truist Wealth, will instead serve as chief consumer banking officer. Sameer spent more than 20 years at Bank of America in consumer banking, wealth management and private banking roles. With Sameer's role change, Jeff

Truist Financial names new consumer and small business banking leaders

Fri, 16 Oct 2026 07:02:58 -0400

D. Steve Boland will join Truist as vice chair. Boland previously served as chief administrative officer and president of Retail Banking at Bank of America before retiring in 2025.

Truist Financial names new consumer and small business banking leaders

Fri, 16 Oct 2026 07:02:58 -0400

D. Steve Boland will join Truist as vice chair. Boland previously served as chief administrative officer and president of Retail Banking at Bank of America before retiring in 2025.

Truist announces leadership appointments

Fri, 16 Oct 2026 07:00:00 -0400

Executive appointments enhance Truist's leadership as the company sharpens its strategic priorities and invests for its next phase of growth

CHARLOTTE, N.C., Oct. 16, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced executive leadership appointments to complement the bank's existing team as it focuses on its next phase of growth.

Truist announces leadership appointments

Fri, 16 Oct 2026 07:00:00 -0400

Executive appointments enhance Truist's leadership as the company sharpens its strategic priorities and invests for its next phase of growth

Truist Financial to sell $7.7B LightStream loan portfolio to Carlyle

Fri, 16 Oct 2026 06:34:31 -0400

Truist Financial Corp. (NYSE: TFC) has signed an agreement to sell $7.7 billion in unsecured consumer loans to Carlyle Group Inc., according to a statement released alongside the company's third-quarter earnings.

The sale, agreed upon on October 14, represents substantially all assets of LightStream, Truist's unsecured consumer lending platform.