Truist reports third quarter 2024 results

Rhea-AI Summary

Truist Financial (NYSE: TFC) has announced the release of its third quarter 2024 results. The company will host a live earnings call at 8 a.m. ET today, accessible via webcast or dial-in. Investors can join the webcast at app.webinar.net/qVga5Y8KdRw or dial in at 1-877-883-0383 using passcode 1322262.

The earnings release, investor presentation, and Quarterly Performance Summary are available on Truist's Investor Relations website at https://ir.truist.com/earnings. These materials include detailed financial schedules and a reconciliation of non-GAAP disclosures. A replay of the earnings call will be available on the website for 30 days following the live event.

Insights

Financial Analyst

This earnings release announcement for Truist Financial (TFC) is a standard quarterly update without specific financial figures, making it challenging to assess its immediate impact on investors. However, these reports typically contain important information about a bank's performance, including revenue, net income, loan growth and asset quality.

For TFC, a major regional bank with a market cap of $59.8 billion, investors will be keen to analyze several key metrics:

• Net interest income and margin trends, given the current interest rate environment
• Non-interest income, particularly fee-based revenues
• Loan growth and deposit trends
• Asset quality indicators, such as non-performing loans and charge-off rates
• Capital ratios and liquidity position

Without specific figures, it's impossible to determine if this report is positive or negative for TFC. Investors should access the detailed financial schedules and listen to the earnings call for a comprehensive understanding of Truist's Q3 2024 performance and future outlook.

CHARLOTTE, N.C., Oct. 17, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its third quarter 2024 results today. Investors can access the live third quarter 2024 earnings call at 8 a.m. ET today by webcast or dial-in as follows:

• Webcast: app.webinar.net/qVga5Y8KdRw
• Dial-in: 1-877-883-0383, passcode 1322262

The earnings release, investor presentation, including an appendix reconciling non-GAAP disclosures, and Truist's Third Quarter 2024 Quarterly Performance Summary, which contains detailed financial schedules, are available at Truist's Investor Relations website at https://ir.truist.com/earnings. A replay of the call will be available on the website for 30 days.

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $523 billion as of September 30, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

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SOURCE Truist Financial Corporation

FAQ

When did Truist Financial (TFC) release its Q3 2024 earnings?

Truist Financial (TFC) released its third quarter 2024 earnings on October 17, 2024.

How can investors access Truist's (TFC) Q3 2024 earnings call?

Investors can access Truist's Q3 2024 earnings call via webcast at app.webinar.net/qVga5Y8KdRw or by dialing 1-877-883-0383 with passcode 1322262 at 8 a.m. ET on the day of release.

Where can I find Truist's (TFC) Q3 2024 financial schedules and investor presentation?

Truist's Q3 2024 financial schedules, investor presentation, and earnings release are available on their Investor Relations website at https://ir.truist.com/earnings.

How long will the replay of Truist's (TFC) Q3 2024 earnings call be available?

The replay of Truist's Q3 2024 earnings call will be available on their website for 30 days following the live event.