Balance Sheet Optimization, Expense Discipline, Digital Growth Define Truist's Quarter
Truist(TFC) PYMNTS.com·2024-10-17 23:22
After weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in their long-term growth prospects. That was the story shared by Truist executives during a third-quarter 2024 earnings call Thursday (Oct. 17). They said the bank "returned $1.2 billion of capital to our shareholders in the form of our common stock dividend and share repurchases completed during the quarter." The broader macroeconomic environment, marked by higher interest rates, inflationary pressures a ...