Modest NII growth and fee income growth are likely to have aided TFC's third-quarter 2024 earnings but higher provisions and expenses are likely to have hurt.
The PNC Financial Services Group (PNC) delivered earnings and revenue surprises of 6.08% and 1.25%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Besides Wall Street's top -and-bottom-line estimates for Truist Financial (TFC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.