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Truist Financial Corporation (TFC), headquartered in Charlotte, North Carolina, is a leading financial services provider specializing in banking and trust services. Valued at $63.2 billion by market cap, the company provides retail, small business, and commercial banking, asset management, capital markets, commercial real estate, corporate and institutional banking, insurance, mortgage, payments, and specialized lending and wealth management solutions and services. The leading commercial bank is expected to announce its fiscal first-quarter earnings for 2025 before the market opens on Thursday, Apr. 17.
Ahead of the event, analysts expect TFC to report a profit of $0.86 per share on a diluted basis, down 4.4% from $0.90 per share in the year-ago quarter. The company beat the consensus estimates in each of the last four quarters.