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Truist Financial Corporation (TFC), headquartered in Charlotte, NC, is a $57.6 billion financial services company offering banking, investment, wealth management, and specialized lending across the Southeastern and Mid-Atlantic U.S. TFC is expected to announce its fiscal fourth-quarter earnings for 2024 before the market opens on Thursday, Jan. 16.
Ahead of the event, analysts expect TFC to report a profit of $0.88 per share on a diluted basis, up 8.6% from $0.81 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on another occasion. It beat the consensus estimate by 9% in the previous quarter.