12:40 AM EDT, 10/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

After reviewing Q3 earnings, we keep our 12-month target price at $47, based on 10.4x our 2026 EPS estimate, a modest discount to TFC's five-year forward P/E average of 10.7x. We lift our 2025 EPS estimate by $0.07 to $3.98 but cut 2026's by $0.08 to $4.54. Our revenue projections are $20.6 billion and $21.6 billion for 2025 and 2026, respectively. TFC posted a solid Q3 with sequential growth in both noninterest income (+11%) and net interest income (+1%). However, we were disappointed that TFC left its 2025 revenue guidance unchanged at up 1.5%-2.5%. Management addressed growing industry credit concerns. While TFC has no exposure to the failed Tricolor, it does have direct exposure to the failed First Brands. TFC quantified this exposure at less than $200 million, equivalent to approximately 15% or less of a typical quarter's earnings. However, we do not expect this exposure to meaningfully impact future earnings, as it has already been accounted for in TFC's healthy 1.54% allowance for loan losses.