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Research Alert: CFRA Retains Hold Opinion On Shares Of Truist Financial Corporation
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Research Alert: CFRA Retains Hold Opinion On Shares Of Truist Financial Corporation
Jul 7, 2025 11:03 AM

01:50 PM EDT, 07/07/2025 (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:

We increase our 12-month target price by $8 to $46, 10.0x our 2026 EPS estimate, below TFC's five-year forward P/E average of 10.7x, given higher levels of economic uncertainty. We increase our 2025 EPS estimate by $0.04 to $4.03 and 2026's by $0.06 to $4.60. Our updated target price reflects an improved credit outlook, as businesses and consumers have handled tariff uncertainty well. Spending trends look good, and we expect recent loan momentum to continue into 2H 2025. TFC should also benefit from an improving regulatory environment, and we note the bank's CET1 capital requirement will be reduced by 30 bps to 7.0%, following a strong showing in the 2025 stress test. This should provide more capacity to lean into loan growth should demand accelerate, while also providing optionality for an increase in share repurchases. Still, the bank's quarterly dividend of $0.52 has lagged as of late, with just 16% growth over the past five years and no growth in 12 quarters. Shares yield 4.6%.

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