TFC Earnings Prediction
The chart below shows how TFC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TFC sees a -3.41% change in stock price 10 days leading up to the earnings, and a -0.91% change 10 days following the report. On the earnings day itself, the stock moves by -0.17%. This data can give you a slight idea of what to expect for the next quarter's release.
TFC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.92B
-12.66%
-0.99%
Gross Margin
--
--
--
Operating Margin
31.80%
72.92%
-8.91%
Net Margin
26.19%
128.99%
-9.53%
EPS
0.91
123.51%
-8.08%
No Data Available
TFC Earnings Analysis
Truist Financial Corp Corporation (TFC.N) Earnings Conference Call
Positive
Strong Financial Performance: Truist reported a strong fourth quarter with net income available to common shareholders of $1.2 billion, translating to $0.91 per share, and an annual GAAP net income of $4.5 billion or $3.36 per share, reflecting solid financial performance.
Strong Revenue and Cost Management: Adjusted revenue for 2024 finished at the high end of expectations, with annual expenses declining by 40 basis points, demonstrating effective cost management and operational efficiency.
Investment Banking Revenue Surge: Investment banking and trading revenue surged by 46% year-over-year, indicating a robust performance and market share gains in this segment, contributing positively to overall revenue growth.
Deposit Balance Growth: Average deposit balances increased by 1.5% linked-quarter, driven by growth across all deposit categories, showcasing strong customer retention and acquisition efforts.
CET1 Capital Ratio Improvement: The CET1 capital ratio improved to 11.5%, up 140 basis points from 2023, supported by strategic initiatives and a commitment to returning capital to shareholders through dividends and share repurchases.
Negative
Revenue Decline Challenges: Total revenue decreased 0.5% linked-quarter, driven by modest declines in both net interest income and fees, indicating potential challenges in revenue generation.
Rising Operational Costs: Adjusted expenses increased 4% linked-quarter due to higher professional fees and outside processing expenses, suggesting rising operational costs that could impact profitability.
Credit Quality Deterioration: Net charge-offs increased 4 basis points on a linked-quarter basis, reflecting a slight deterioration in credit quality and potential future risks in the loan portfolio.
CET1 Ratio Decline: CET1 ratio declined 10 basis points linked-quarter to 11.5%, indicating a reduction in capital adequacy due to dividend payouts and share repurchases, which may limit future growth opportunities.
Investment Banking Income Decline: Investment banking and trading income decreased $70 million linked-quarter, primarily due to lower debt and equity capital markets activity, highlighting volatility in revenue streams from these segments.
TFC FAQs
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TFC Earning Call Sentiment
Truist Financial Corporation (TFC) Q4 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
TFC.N
1.3%Positive
The earnings call shows strong financial performance with a 9% net income increase, high adjusted revenue, and a stable efficiency ratio. The share repurchase plan and dividend returns are positive signals. Q&A insights reveal momentum in loan growth and investment in key markets, though some management responses were unclear. Overall, the positive financials and strategic initiatives outweigh the slight uncertainties, suggesting a positive stock price movement.