Truist Financial Corporation (TFC), headquartered in Charlotte, North Carolina, is a leading financial services provider specializing in banking and trust services. Valued at $63.2 billion by market cap, the company provides a diverse array of services, encompassing retail, small business, and commercial banking, asset management, capital markets, commercial real estate, corporate and institutional banking, insurance, mortgage, payments, and specialized lending and wealth management solutions.
Shares of this leading commercial bank have outperformed the broader market over the past year. TFC has gained 24.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 22.7%. In 2025, TFC stock is up 9.8%, surpassing SPX’s 2.7% rise on a YTD basis.
Zooming in further, TFC’s outperformance is apparent compared to the SPDR S&P Regional Banking ETF (KRE). The exchange-traded fund has gained about 21.5% over the past year. Moreover, TFC’s returns on a YTD basis outshine the ETF’s 6.3% gains over the same time frame.
TFC’s outperformance is driven by strong loan demand, effective business restructuring, efforts to bolster fee income, and disciplined capital management. Additionally, its solid regulatory compliance and strong market position, combined with ongoing investments in digital innovation and technological development, ensures its long-term growth and stability.
On Jan. 17, TFC shares closed up more than 5% after reporting its Q4 results. Its adjusted EPS of $0.91 exceeded Wall Street expectations of $0.88. The company’s revenue was $5.1 billion, beating Wall Street forecasts of $5 billion.
For fiscal 2025, ending in December, analysts expect TFC’s EPS to grow 7.1% to $3.95 on a diluted basis. The company’s earnings surprise history is impressive. It beat the consensus estimate in each of the last four quarters.
Among the 21 analysts covering TFC stock, the consensus is a “Moderate Buy.” That’s based on eight “Strong Buy” ratings, three “Moderate Buys,” and 10 “Holds.”
The configuration has been consistent over the past three months.
On Jan. 21, Evercore ISI analyst John Pancari maintained a “Hold” rating on TFC with a price target of $48, implying a potential marginal upside from current levels.
The mean price target of $51.73 represents an 8.6% premium to TFC’s current price levels. The Street-high price target of $60 suggests an upside potential of 26%.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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