Truist Financial Corp (TFC)

Sep 26, 2026

Arthur J. Gallagher & Co. (NYSE:AJG) has received a "Moderate Buy" recommendation from nineteen analysts, with an average 12-month price target of $288.17. Despite some recent price target reductions from Morgan Stanley and RBC, both firms maintained bullish ratings. The company recently beat quarterly EPS expectations, and institutional investors hold a significant stake in the stock, though insiders have sold shares recently.

Sep 26, 2026

State Street Corp increased its stake in Riley Exploration Permian, Inc. by 30.4% during the second quarter, acquiring 75,993 additional shares to now own 325,904 shares valued at $10.7 million. Institutional investors collectively hold 58.91% of REPX, while analysts maintain a "Moderate Buy" consensus rating with an average price target of $43.00. The company also pays a quarterly dividend of $0.40 per share, yielding 3.9%, though insiders have sold 20,000 shares worth $721,765 in the last 90 days.

Sep 25, 2026

Truist Financial (TFC) stock may be 36% undervalued despite a 93.1% gain over three years. The bank's exit from near-prime auto lending through a US$5.5 billion loan sale is expected to improve credit quality and reduce non-performing loans, leading to stronger returns on capital. An Excess Returns model suggests the stock's intrinsic worth is significantly higher than its current price, with community narratives indicating it could be 15% undervalued.

Sep 25, 2026

Norwegian Cruise Line Holdings Ltd. (NCLH) stock is trending up by 3.17% driven by strong post-pandemic booking demand, despite some analysts trimming price targets due to cautious views on 2027 demand. Wells Fargo lowered its target to $20 from $22 but maintained an "Overweight" rating, while Truist cut its target to $16 and kept a "Hold" rating. NCLH is focusing on luxury growth with new Oceania Cruises ships and upgrades, navigating its heavy debt load amidst market volatility.

Sep 25, 2026

A federal judge dismissed a borrower's attempt to force Truist Bank to release a mortgage lien on his Florida home. The borrower based his claim on a 2014 consent judgment against SunTrust Mortgage, arguing it required the lien's discharge after a foreclosure dismissal and loan charge-off. The court rejected the argument, stating borrowers have no private right to enforce the judgment, the statute of limitations had not expired, and neither a charge-off nor a dismissed foreclosure signified abandonment of the lien.

Sep 25, 2026

The U.S. Federal Reserve is reportedly planning to raise the asset thresholds that trigger stricter oversight for large banks, reindexing them for inflation and economic growth. This move, expected to be proposed later this year, would allow some lenders to avoid costly additional regulation and could spur consolidation in the midsize banking sector. Banks like U.S. Bancorp and Capital One could benefit by having more room to grow without incurring the toughest Fed oversight.

Sep 25, 2026

The Federal Reserve is reportedly developing a proposal to raise the thresholds for stricter oversight of large banks. This change could benefit banks like U.S. Bancorp, Capital One, and PNC Financial by allowing them to grow assets further before facing the most stringent regulations, and enable Western Alliance and Zions to exceed $100 billion in assets with lighter oversight. Banks have argued that current thresholds are too strict and do not accurately reflect economic growth or their risk profiles.

Sep 25, 2026

Truist Financial Corporation (NYSE:TFC) has received an average "Hold" rating from Wall Street analysts, with a consensus 12-month price target of $55.12 against its opening price of $47.12. The company recently exceeded quarterly earnings expectations with an EPS of $1.23 and revenue of $5.31 billion, while maintaining a quarterly dividend of $0.52. Insider selling activity has been noted, with 30,516 shares sold worth approximately $1.58 million, although institutional investors hold a significant 71.28% stake in the company.

Sep 25, 2026

Envestnet Asset Management Inc. has increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 5.8%, bringing its total holdings to 756,768 shares. This comes as institutional investors collectively own a significant 92.13% of the company. Targa Resources recently exceeded earnings expectations, reporting $3.54 per share against an analyst consensus of $2.83, and maintains a "Buy" rating from analysts with a consensus price target of $317.24.

Sep 24, 2026

Truist Financial has raised its price target for Cintas (NASDAQ:CTAS) to $230 from $225, reiterating a "buy" rating and indicating a potential upside of 16.67%. This positive outlook follows Cintas exceeding Q1 earnings and revenue estimates, reporting $1.39 EPS and $3.01 billion in revenue, with a 10.9% year-over-year revenue increase. The company also issued strong fiscal 2027 EPS guidance and increased its dividend, reinforcing analyst confidence despite an elevated P/E ratio.

Sep 24, 2026

Huntington National Bank and JPMorgan Chase have shown significant growth in Triad deposits, despite Truist remaining the top-ranked bank. While Truist added nearly $500 million, these two newcomers recorded the largest gains in the region's banking market. The article highlights their emerging presence amidst broader expansion efforts by other banks in the Triad area.

Sep 24, 2026

Bank of America Corp DE has acquired 1,063,829 shares of Beacon Financial Corporation (NYSE:BBT), valued at approximately $32.4 million, establishing a 1.27% stake in the company. Beacon Financial, which reported quarterly EPS of $0.77 and pays a quarterly dividend of $0.3225 (4.5% annualized yield), is largely owned by institutional investors (83.07%). The stock opened at $28.41, below its key moving averages, and analysts currently hold a consensus "Hold" rating with an average price target of $32.50.

Sep 23, 2026

Truist Financial has cut its price target for American Express (NYSE:AXP) to $370.00 from $375.00 but maintained a "buy" rating, indicating a potential upside of 22.1% from the current stock price. Despite the reduction, analyst sentiment remains largely positive, with a consensus "Moderate Buy" rating and an average target price of $373.05. The company recently reported strong quarterly earnings, exceeding EPS estimates with revenue growth of 10% year-over-year.

Sep 23, 2026

State Street Corp increased its stake in Truist Financial Corporation by 0.9% in the second quarter, adding over 500,000 shares, bringing its total holding to 4.8% valued at $2.92 billion. Truist Financial reported strong quarterly earnings, beating analyst estimates, and maintains a quarterly dividend of $0.52. Despite some insider selling, analysts generally rate the stock as "Hold" with an average price target of $55.12.

Sep 22, 2026

This page provides an overview of Truist Financial Corporation (TFC) stock, including its current price, recent news, and historical performance. It highlights that TFC's stock is trading at $48.47, with recent news covering its lending strategy reshape and the rollout of AI call summaries. The performance overview shows TFC's trailing total returns against the S&P 500 benchmark.

Sep 22, 2026

Truist Bank, the retail banking arm of Truist Financial Corp., plans to close its Tempe, Arizona facility and lay off 120 employees. The layoffs, impacting workers in its near-prime auto loan subsidiary Regional Acceptance Corp., will occur in phases from November 30 through February 28, 2027, coinciding with the permanent closure of the facility. This decision was communicated to the Arizona Department of Economic Security in accordance with the WARN Act.

Sep 22, 2026

Encore Capital Group (NASDAQ:ECPG) saw its stock price climb above its 200-day moving average, reaching $102.32 before closing at $99.37. The company has a consensus "Buy" rating from analysts, with recent price target increases from Citizens JMP and Truist Financial. Encore Capital Group also surpassed quarterly earnings expectations, reporting $2.81 EPS and $491.87 million in revenue, and provided strong full-year 2026 EPS guidance.

Sep 22, 2026

Atlanticus Holdings Corp. has completed the sale of its CAR Auto Finance operations to an unaffiliated third party for approximately $71.2 million, marking its exit from the auto finance segment. The transaction, comprising $56.2 million in cash and a $15.0 million seller note, will allow Atlanticus to reduce debt and invest in higher-growth product lines. Approximately 154 CAR team members will transition to the buyer as part of the deal.

Sep 22, 2026

An East Coast financial services company, identified as Truist Financial, is closing a facility in Tempe, Arizona, and laying off dozens of workers. This decision stems from the company's sale of its near-prime auto loan business. The layoffs are expected to occur in late 2026 and early 2027.

Sep 21, 2026

Wells Fargo experienced the largest decline in local deposits among Charlotte's major banks, with a 27% drop. Despite this, the top five banks maintained their local rankings, even as the total market deposits decreased by nearly $45 billion in 2026. The article highlights that Wells Fargo continues to have its largest employment hub in Charlotte.

Sep 21, 2026

Truist Financial Corp. is laying off 253 workers in eastern North Carolina in Greenville and Winterville. These job cuts are a direct result of the bank's decision to sell off its $5.5 billion auto loan portfolio managed by Regional Acceptance Corporation (RAC). The layoffs are scheduled to occur in phases between February and July 2027, with Truist committing to support affected employees through this transition.

Sep 21, 2026

Michael P. Lyons, President & CEO of Truist Financial Corporation (NYSE:TFC), purchased 21,000 shares of company stock for $1.0 million, signaling management confidence. This transaction establishes a new direct common stock position for Lyons, adding to his existing derivative holdings. While Truist shows positive aspects like share buybacks and a strong dividend, concerns include a below-average net interest margin and potential weakening credit quality.

Sep 21, 2026

Truist Financial has reaffirmed its "Buy" rating for Targa Resources (NYSE:TRGP) and increased its price target to $345, indicating an 18.1% potential upside. This aligns with a broader analyst consensus of "Buy," with an average price target of $317.24. Targa Resources recently exceeded EPS estimates with $3.54, though revenue fell short of expectations, and institutional investors hold a significant majority of its stock.

Sep 20, 2026

Nykredit A/S recently acquired 276,112 shares of Truist Financial Corporation, valued at $13.76 million, establishing a new position in the company. Truist Financial reported strong quarterly earnings, beating analyst estimates with $1.23 EPS and $5.31 billion in revenue, and pays a quarterly dividend of $0.52 per share. Analyst sentiment for TFC is mixed, with a consensus "Hold" rating and an average price target of $55.12, despite some recent downgrades and an insider stock purchase by its CEO.

Sep 19, 2026

Morgan Stanley has reiterated its Buy rating for SailPoint, Inc. (SAIL), setting a price target of $22.00. This recommendation comes from analyst Meta Marshall, who has a strong track record in the Technology sector. While Truist Financial also issued a Buy rating, Bank of America Securities maintained a Hold rating on SailPoint.

Sep 19, 2026

Truist Financial Corp. has fully deployed AI Call Summaries across its care centers, utilizing generative AI to automatically summarize client conversations. This technology frees care center employees from note-taking and post-call documentation, allowing them to focus more on clients, resolve issues faster, and provide personalized service. The initiative has already saved over 36,000 hours in Q2 2026 and Truist plans to expand its use to other areas of the bank.

Sep 19, 2026

Truist Financial Corp. has fully deployed AI Call Summaries in its care centers, leveraging generative AI to automate note-taking and post-call documentation. This technology allows employees to focus more on client interactions, resolve issues faster, and provide personalized service. Since its implementation in Q3 2025, it has scaled significantly, saving over 36,000 hours in Q2 2026 by supporting more than 70% of inbound client interactions.

Sep 19, 2026

Corient Private Wealth LP significantly increased its stake in CubeSmart (NYSE: CUBE) by 263% in the second quarter, now holding 161,619 shares valued at $6.43 million. Institutional investors and hedge funds collectively own 97.61% of the stock. While analysts have a mixed but generally positive outlook, CubeSmart reported revenue of $286.49 million but missed earnings estimates, and declared a quarterly dividend of $0.53 per share, representing a 5.4% yield with a payout ratio of 146.21%.

Sep 19, 2026

Wall Street Zen upgraded BKV (NYSE:BKV) from a "strong sell" to a "sell" rating, despite a broader analyst consensus of "Moderate Buy" with a $33.56 average price target. The company recently reported strong quarterly earnings, beating both EPS and revenue estimates. However, insider trading activity shows sales of shares totaling approximately $733,271 over the past 90 days.

Sep 18, 2026

Albemarle's (ALB) fair value estimate has been cut by 7.8% from US$187.16 to US$172.56 due to revised analyst assumptions regarding lithium pricing and sector trends. While some analysts maintain bullish outlooks, citing cost efficiencies and market conditions, others express caution due to lower lithium prices and broader chemical sector concerns. The adjustment reflects updated revenue growth, net profit margin, P/E multiple, and discount rate assumptions for the company.

Sep 18, 2026

Truist Financial Corp. is laying off 253 workers in eastern North Carolina due to the sale of its $5.5 billion auto loan portfolio managed by Regional Acceptance Corporation (RAC). The job cuts will affect 97 employees in Greenville and 156 in Winterville, with layoffs scheduled for February and July 2027, respectively. Truist is providing support including severance benefits and job search assistance to the affected employees.

Sep 18, 2026

Truist Financial Corporation is selling $5.5 billion of its auto loans to strategically reshape its lending portfolio, moving away from less profitable areas to focus on businesses with stronger and more consistent returns. This move is part of CEO Mike Lyons' broader strategy to improve profitability and reallocate capital towards higher-return activities like wealth management and investment banking. While the sale could reduce near-term revenue by decreasing earning assets, its success hinges on Truist's ability to effectively redeploy the freed-up capital into more strategic and profitable ventures.

Sep 18, 2026

A recent Truist Securities report indicates that Las Vegas hotel room rates continue to be soft, particularly for MGM Resorts International and Caesars Entertainment, while Wynn Resorts is outperforming due to the Las Vegas Grand Prix. The report details significant rate declines for the third quarter and September, especially for midweek stays and lower-tier rooms. Despite some encouraging October numbers tied to NFL games, November advance bookings show a mixed picture, with Wynn strong but MGM and Caesars still struggling.

Sep 18, 2026

A Truist-affiliated auto finance company, Regional Acceptance Corporation, is closing its facilities in Greenville and Winterville, North Carolina, leading to 253 layoffs. The decision follows Truist Bank's plan to exit the near-prime auto lending business and sell $5.5 billion of auto loans. Operations are expected to cease by July 2027 in Greenville and February 2027 in Winterville, impacting 156 employees in Winterville and 97 in Greenville.

Sep 18, 2026

Truist Financial has initiated coverage on Western Midstream Partners (NYSE:WES) with a "buy" rating and a $55.00 price target, suggesting a 17.28% upside. The company recently surpassed quarterly earnings expectations, reporting $0.99 EPS against a $0.91 consensus and a 30% year-over-year revenue increase to $1.22 billion. Analyst sentiment for WES is generally positive, holding a "Moderate Buy" consensus rating with an average price target of $49.89.

Sep 18, 2026

Truist has indicated an uninspiring near-term outlook for Mid-America Apartment Communities (MAA). The full article, providing details on this assessment, is available to premium subscribers. This report was published on September 17, 2026.

Sep 18, 2026

Genesco (NYSE:GCO) shares recently crossed above their 200-day moving average, trading as high as $34.15 before settling at $33.3180. The company exceeded quarterly earnings expectations, reporting a loss of $0.83 per share against an anticipated $1.37 loss and revenue of $529.86 million. Analyst sentiment is mixed but generally positive, with a consensus "Moderate Buy" rating and a $36.00 target price.

Sep 17, 2026

Truist Financial initiated coverage on Comstock Resources (NYSE:CRK) with a "hold" rating and a $16 price target, suggesting a potential upside of 22.08%. This aligns with the cautious analyst sentiment, as the company holds a consensus "reduce" rating and an average price target of $15.91 from thirteen analysts. Despite beating EPS estimates in its latest quarter, Comstock Resources experienced a 24.9% year-over-year revenue decline.

Sep 17, 2026

Corient Private Wealth LP reduced its stake in Truist Financial Corporation (NYSE:TFC) by 17.4% in the second quarter, now holding 190,797 shares valued at $9.51 million. Despite this, institutional investors collectively own 71.28% of the company. Truist Financial reported strong quarterly earnings, exceeding analyst expectations with EPS of $1.23 and revenue of $5.31 billion, and also declared a quarterly dividend of $0.52 per share.

Sep 17, 2026

Analysts have given The PNC Financial Services Group, Inc (NYSE:PNC) a consensus "Moderate Buy" rating, with an average 12-month price target of $265.73. The company recently reported strong quarterly earnings, beating estimates with $4.85 EPS and a 21.4% year-over-year revenue increase to $6.88 billion. PNC also raised its quarterly dividend to $2.00 per share, representing a 3.5% annual yield.

Sep 16, 2026

Evergy Kansas Central, a subsidiary of Evergy, Inc. (NASDAQ: EVRG), has announced the issuance of $350 million in 5.600% First Mortgage Bonds due 2034. The bonds were issued on September 16, 2026, under an underwriting agreement executed on September 10, 2026, with PNC Capital Markets LLC, RBC Capital Markets, LLC, Truist Securities, Inc., and U.S. Bancorp Investments, Inc. serving as representatives of the underwriters. This issuance was registered under a shelf registration statement on Form S-3 and detailed in a joint Current Report on Form 8-K filed with the SEC.

Sep 16, 2026

Bank of America's CEO, Brian Moynihan, has stated that artificial intelligence (AI) has been instrumental in the company's growth strategy without necessitating layoffs. AI tools developed by the bank are generating significant benefits, helping the institution expand its operations more efficiently. This approach allows Bank of America to navigate the banking sector's growth challenges by leveraging technology instead of increasing its workforce.

Sep 16, 2026

Meritage Homes (NYSE:MTH) shares dropped 2.3% in premarket trading after Truist Securities downgraded the homebuilder from Buy to Hold and lowered its price target to $72 from $80. This revision comes amidst broader pressures on homebuilder profitability and concerns over housing affordability due to elevated mortgage rates and increased construction costs. Meritage, which focuses on entry-level housing, has seen its stock fall nearly 13% over the past year and continues to face challenges shared by other major homebuilders.

Sep 16, 2026

Truist is planning to sell $5.5 billion in near-prime auto loans, aligning with the new CEO's strategy to review business lines and prune lower-return lending segments. This move is part of a broader pattern in 2026 where the bank has been divesting such assets despite strong overall earnings. The decision reflects the company's focus on optimizing its lending portfolio.

Sep 16, 2026

Truist Financial announced the sale of its $5.5 billion near-prime auto loan portfolio and the exit of its Regional Acceptance Corporation business. This move is expected to modestly improve earnings, tangible book value, and credit metrics, while also generating approximately $950 million in capital. The bank reaffirmed its financial outlook for Q3 and the full year, including its $5 billion share repurchase plan, as new CEO Mike Lyons accelerates a broader portfolio and capital-allocation review focused on relationship banking.

Sep 15, 2026

Truist Financial, under its new CEO Michael Lyons, is exiting the near-prime auto lending business by selling $5.5 billion of auto loans from its Regional Acceptance Corp. subsidiary. This strategic move is aimed at improving the bank's credit quality and focusing on core businesses that leverage its strengths, as these loans have been identified as high-risk with significant delinquencies. The decision is part of a broader review to streamline operations and enhance profitability.

Sep 15, 2026

Truist Financial (TFC) has launched AI Call Summaries in its care centers, leveraging generative AI to streamline client call documentation. Despite a recent dip in share price, the company appears undervalued according to Simply Wall St., attributed to its digital adoption and cost efficiency efforts. However, potential risks like commercial real estate credit costs and a large branch network could impact its valuation.

Sep 15, 2026

Corient Private Wealth LP increased its stake in Huntington Bancshares Incorporated by 49.6% in the second quarter, acquiring an additional 391,765 shares. Following this, the firm now owns 1,181,747 shares of HBAN, valued at approximately $20.95 million. Other institutional investors and hedge funds have also adjusted their holdings, while company insiders have recently sold shares.

Sep 15, 2026

Bank of America Corp DE reduced its stake in Truist Financial Corporation (NYSE:TFC) by 2.9% in the second quarter, bringing its total holdings to $1.84 billion. Despite this reduction, institutional investors collectively own 71.28% of TFC stock, with other major firms like BlackRock Inc. and Fifth Third Bancorp significantly increasing their positions. The article also details recent insider selling, analyst rating changes, and Truist Financial's latest financial performance and dividend announcement.

Sep 14, 2026

This article compares Bank of America (BAC) and Truist Financial Corporation (TFC) to determine which bank stock has greater upside potential in 2026. It analyzes their business models, financial performance, growth strategies, and valuation metrics. While both banks are making strategic investments, Bank of America appears to be the stronger long-term investment due to its scale, diversified income, superior ROE, and robust earnings growth outlook.

Sep 14, 2026

WINTON GROUP Ltd significantly reduced its stake in Truist Financial Corporation (NYSE:TFC) by 70.2% in the second quarter, selling 59,605 shares and bringing its total holdings to 25,300 shares valued at $1.26 million. This move comes amidst other institutional investors modifying their positions in TFC, with hedge funds and institutional investors collectively owning 71.28% of the company's stock. Truist Financial also announced a quarterly dividend of $0.52 per share, yielding 4.1% annually.

Sep 13, 2026

Amundi reduced its stake in First Horizon Corporation by 31% in the second quarter, selling 57,829 shares and now owning 128,537 shares valued at $3.3 million. Despite this, institutional investors collectively hold 80.28% of the company. First Horizon reported strong quarterly earnings of $0.54 per share, surpassing estimates, and declared a quarterly dividend of $0.17 per share.

Sep 13, 2026

Amundi increased its stake in HealthEquity (NASDAQ:HQY) by 33.6% in the second quarter of 2026, bringing its total holdings to 90,327 shares valued at $8.16 million. HealthEquity exceeded Q2 earnings estimates with $1.24 EPS and saw a 95.5% year-over-year revenue increase. Analysts maintain a "Moderate Buy" rating with an average price target of $111.87, despite recent insider share sales totaling $1.26 million.

Sep 12, 2026

Tidal Investments LLC significantly increased its stake in Willis Towers Watson Public Limited Company (WTW) by 196.6% in the second quarter, bringing its total holdings to 37,826 shares valued at $9.9 million. This move is part of broader institutional investor activity, with companies like California State Teachers Retirement System and Dodge & Cox also adjusting their positions in WTW. Analysts maintain a "Moderate Buy" consensus for WTW, with an average price target of $369.38, following strong quarterly earnings that beat estimates.

Sep 12, 2026

The Manufacturers Life Insurance Company recently reduced its stake in The PNC Financial Services Group, Inc. by selling 15,054 shares, though it still retains a significant holding valued at approximately $69.1 million. This sale comes as institutional investors collectively own a substantial 83.53% of PNC, and analysts maintain a "Moderate Buy" rating with an average price target of $265.73. PNC has also reported strong quarterly results, surpassing EPS and revenue expectations, and increased its quarterly dividend.

Sep 12, 2026

The Manufacturers Life Insurance Company has reduced its stake in Truist Financial Corporation (NYSE:TFC) by 15.9%, selling 154,903 shares and now holding 821,023 shares valued at approximately $40.9 million. Institutional investors collectively own 71.28% of the company, while Truist insiders have sold 30,516 shares worth about $1.58 million. Analysts currently hold a consensus "Hold" rating for TFC with an average price target of $55.12.

Sep 12, 2026

Churchill Downs, Incorporated (NASDAQ:CHDN) has received a "Moderate Buy" consensus recommendation from eleven analysts, with an average 12-month price target of $134.89, significantly above its current share price of $83.86. Institutional investors hold a substantial 82.59% stake in the company, and recent quarterly results met expectations, reporting adjusted earnings of $3.45 per share and revenue of $980 million, a 4.9% increase year-over-year. Analysts anticipate full-year EPS to be around $7.14.

Sep 12, 2026

Baird Financial Group Inc. increased its stake in Truist Financial Corporation by 10.9% in the second quarter, acquiring an additional 33,713 shares, bringing its total holdings to 343,302 shares valued at $17.1 million. Truist Financial reported strong quarterly earnings, beating EPS estimates and showing a 5.6% year-over-year revenue increase. The company also declared a quarterly dividend of $0.52, maintaining a 4.1% annualized yield, while institutional investors own a significant portion of the stock and analysts have a consensus "Hold" rating.

Sep 12, 2026

TD Waterhouse Canada Inc. significantly reduced its stake in Expand Energy Corporation (NASDAQ:EXE) by 86.7% in the second quarter, selling 22,595 shares and retaining 3,472 shares valued at $311,000. This move comes as other institutional investors either initiated new positions or increased their holdings in the company, leading to 97.93% institutional ownership. Expand Energy recently announced a quarterly dividend of $0.575 per share and reported strong earnings, beating analyst estimates.

Sep 12, 2026

NewEdge Advisors LLC significantly increased its stake in Truist Financial Corporation, acquiring an additional 25,995 shares and bringing its total holdings to 253,065 shares valued at $12.6 million. This move comes as institutional investors collectively own a substantial portion of the company, and Truist Financial recently surpassed earnings and revenue estimates while maintaining a consistent dividend. Despite insider selling activity, the company's financial performance and analyst "Hold" consensus suggest a stable outlook for the insurance provider.