High Rates, Restructuring Aid Truist (TFC) Amid Cost Woes
TFCTruist(TFC) ZACKS·2024-06-29 01:01

Truist Financial (TFC) is expected to witness continued top-line growth on the back of decent loan demand, high interest rates, strategic restructuring initiatives and efforts to improve fee income.Analysts seem optimistic regarding the company’s earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for Truist’s 2024 earnings has been revised 1% upward.In the past year, TFC shares have gained 23.5% compared with the industry’s growth of 32.6%. Image Source: Zacks Investment Research ...