Truist Financial Corp (TFC) Price

Truist CIO: Resilient Profits to Drive 2.3% US GDP Growth in 2026

Truist's Chief Investment Officer, Keith Lerner, forecasts a modest uptick in the US economy to 2.3% GDP growth in 2026, driven by resilient corporate profits and a gradual move by the Fed to lower rates towards 3%.

Truist Lures New Deposits With Digital Account Upgrade

Truist Financial Corporation announced a new digital direct deposit switching feature that has successfully converted 19% of new applicants since its August launch.

SEI Investments Hikes Dividend 6.1%, Bolsters Stock Buyback

SEI Investments increased its semi-annual dividend by 6.1% to 52 cents per share and expanded its share repurchase authorization to $773.2 million.

Lantheus Upgraded to Buy by Truist, Price Target Raised to $80

Truist Securities upgraded Lantheus Holdings (LNTH) to Buy from Hold on December 11 and raised its price target to $80, citing strong Q3 2025 results and expected profit growth.

Truist Authorizes $10B Buyback to Boost Shareholder Returns

On December 17, 2025, Truist Financial Corp.'s board of directors authorized a new $10 billion share repurchase plan, signaling a strong commitment to enhancing shareholder value.

PNC Gains as Analysts Eye Growth from Bitcoin Trading and Branch Expansion

Multiple Wall Street firms raised price targets for PNC into a $206 to $240 range, citing strategic growth initiatives including a $2B branch expansion and the launch of Bitcoin trading.

First Horizon Taps Truist Veteran for Charlotte Leadership

First Horizon Bank has appointed Justin Rutledge, a banking veteran with over 20 years of experience, as its new Charlotte Market President. Rutledge previously held the same position for competitor Truist, signaling a strategic talent acquisition to bolster market share in a key financial hub.

Truist Financial Sees Modest Valuation Lift

A recent valuation analysis has adjusted Truist Financial's fair value estimate to approximately $50.88 per share. This revision is supported by a minor price target increase from investment bank Keefe Bruyette & Woods, indicating a slightly more constructive but cautious analyst outlook.

Citizens Financial Lowers Prime Lending Rate

Citizens Financial Group (CFG) announced a narrow earnings beat and a reduction in its prime lending rate to 6.75%. This move aligns with identical rate cuts by other major regional banks, signaling a coordinated sector response to anticipated monetary policy shifts and a strategy to stimulate lending.

Northern Trust Cuts Rate, Buffers With Mandate Wins

Northern Trust (NTRS) cut its prime rate to 6.75% in a move mirrored by other major banks, signaling broad pressure on lending margins. However, the firm simultaneously announced it has secured $385 billion in new asset servicing mandates, potentially offsetting the impact.

Truist Appoints Lo Li to Lead Consumer and Small Business Tech, Data, and Operations