Truist (TFC) Q4 2025 Earnings Call Transcript

Written by Emily J. Thompson, Senior Investment Analyst

TFC+1.34%

Source: NASDAQ.COM

Updated: 1h ago

0mins

Source: NASDAQ.COM

TFC

$49.8+Infinity%1D

Analyst Views on TFC

Wall Street analysts forecast TFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TFC is 54.38 USD with a low forecast of 47.00 USD and a high forecast of 63.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

14 Analyst Rating

8 Buy

5 Hold

1 Sell

Moderate Buy

Current: 49.140

Low

47.00

Averages

54.38

High

63.00

Current: 49.140

Low

47.00

Averages

54.38

High

63.00

HSBC

Hold

Buy

upgrade

$47 -> $50

Al Analysis

2026-01-07

Reason

HSBC

Price Target

$47 -> $50

Al Analysis

2026-01-07

upgrade

Hold

Buy

Reason

HSBC upgraded Truist Financial to Buy from Hold with a price target of $50, up from $47. Shares have underperformed materially since 2020 and the firm expects the underperformance to end in 2025, the analyst tells investors. The company made progress in 2024 - improving the cost structure, building a capital cushion, and improving the net interest income trajectory- which the firm sees setting the stage for double-digit EPS growth and "material ROE/ROTCE expansion" in 2025 and 2026, the analyst added.

TD Cowen

Buy

maintain

$55 -> $59

2026-01-07

Reason

TD Cowen

Price Target

$55 -> $59

2026-01-07

maintain

Buy

Reason

TD Cowen raised the firm's price target on Truist Financial to $59 from $55 and keeps a Buy rating on the shares. The firm adjusted bank targets as part of a Q4 earnings preview. TD expects "solid" Q4 reports for the banks with continued balance sheet growth, repricing tailwinds, and a "likely more dovish" Federal Reserve chair in 2026. These "durable tailwinds" should lift bank stocks in 2026, the analyst tells investors in a research note.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for TFC

Unlock Now

Raymond James

Outperform

maintain

$50 -> $56

2026-01-07

Reason

Raymond James

Price Target

$50 -> $56

2026-01-07

maintain

Outperform

Reason

Raymond James raised the firm's price target on Truist Financial to $56 from $50 and keeps an Outperform rating on the shares. Recent investor conference commentary and a newly announced share repurchase program increase buyback expectations and reinforce confidence in achieving a 15% ROTCE by 2027, the analyst says in a research note. Reaffirmed Q4 guidance, commitment to positive operating leverage in 2026, and improving fee momentum support a positive risk-reward outlook, the firm adds.

Goldman Sachs

Buy

maintain

$52 -> $58

2026-01-06

Reason

Goldman Sachs

Price Target

$52 -> $58

2026-01-06

maintain

Buy

Reason

Goldman Sachs raised the firm's price target on Truist Financial to $58 from $52 and keeps a Buy rating on the shares. Regional banks underperformed the market by 200-300 basis points in 2025, weighed by macro concerns and credit worries, though stocks rallied 13% late in the year, the analyst tells investors in a research note. Looking to 2026, solid loan growth, net interest income momentum, positive operating leverage, and improving returns support continued multi-year fundamental improvement, with credit risk as the main wildcard, Goldman says.

About TFC

Truist Financial Corporation is a financial services company. As a commercial bank, it offers a range of products and services through its wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses. Its segments include Consumer and Small Business Banking (CSBB) and Wholesale Banking (WB). CSBB segment serves retail, premier, and small business clients, providing transaction, money market, savings, time deposits and payment services, credit cards, loans, and mortgages through digital banking, a network of community banking branches, ATMs, virtual service centers, and other channels. WB segment provides a comprehensive set of products, solutions, and advisory services to commercial, corporate, institutional and wealth clients. It also invests in certain affordable housing, new market tax credit, and renewable energy tax credit investments.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.