Truist Financial Corporation (NYSE:TFC) will release its second quarter earnings report before the opening bell on Friday, July 17.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $1.08 per share, up from 93 cents per share in the year-ago period. The consensus estimate for Truist Financial’s quarterly revenue is $5.24 billion. It reported $5.04 billion last year, according to Benzinga Pro.

On June 15, Truist Financial named Michael P. Lyons as CEO, effective Sept. 1, succeeding Bill Rogers.

Shares of Truist Financial closed at $51.95 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • B of A Securities analyst Ebrahim Poonawala downgraded the stock from Buy to Neutral and raised the price target from $54 to $56 on July 8, 2026. This analyst has an accuracy rate of 69%.
  • UBS analyst Erika Najarian downgraded the stock from Buy to Neutral and cut the price target from $58 to $55 on July 7, 2026. This analyst has an accuracy rate of 65%.
  • Evercore ISI Group analyst John Pancari maintained an Outperform rating and cut the price target from $58 to $57 on July 6, 2026. This analyst has an accuracy rate of 66%.
  • Morgan Stanley analyst Manan Gosalia downgraded the stock from Overweight to Equal-Weight and slashed the price target from $62 to $54 on July 6, 2026. This analyst has an accuracy rate of 75%.
  • Raymond James analyst Michael Rose downgraded the stock from Outperform to Market Perform on July 1, 2026. This analyst has an accuracy rate of 73%

Considering buying TFC stock? Here’s what analysts think:

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