WallStSmart
TFC

Truist Financial Corp

NYSE: TFC · FINANCIAL SERVICES · BANKS - REGIONAL

$50.65
-0.98% today

Updated 2026-04-29

Market cap
$63.20B
P/E ratio
12.56
P/S ratio
3.39x
EPS (TTM)
$4.04
Dividend yield
4.05%
52W range
$36 – $56
Volume
9.4M

Truist Financial Corp (TFC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$50.65
Consensus
$54.50
+7.60%
2030 Target
$231.08
+356.23%
DCF
15 analysts:
5 Buy5 Hold3 Sell

Management guidance

No specific CEO revenue targets found in provided data. Management focus appears to be on operational initiatives (open banking via Plaid, AI-enabled receivables platform, enterprise payments growth, cryptocurrency solutions). Guidance relies primarily on analyst consensus rather than explicit management revenue projections.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$386.71
$24.9B Rev × 20x P/S
Base case (2030)
$231.08
$24.9B Rev × 12x P/S
Bear case (2030)
$155.63
$24.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$29.9B$24.3B$30.4B$21.7B$22.6B$23.4B$24.1B$24.9B
Revenue growth-19.0%25.5%17.6%4.3%3.6%3.1%2.9%
EPS$3.79$3.63$3.96$4.53$5.17$5.72$6.18$6.62
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$202.79$212.22$221.65$226.37$231.08

Catalysts & risks

Growth catalysts
+ Q1 2026 earnings call (April 17, 2026 BMO) and quarterly guidance
+ Enterprise Payments growth acceleration and expanded sales leadership
+ Open banking expansion via Plaid partnership and secure data sharing capabilities
+ AI-enabled platform deployments (receivables platform, transaction monitoring)
+ Potential M&A activity in regional banking sector (cited in recent news context)
Key risks
- Jefferies downgrade to Sell with $35 target (26.5% downside) — credit quality concerns or margin compression
- Mixed analyst sentiment: 5 Buy, 5 Hold, 2 Sell reflects uncertainty on growth trajectory
- Interest rate sensitivity in regional banking: Fed policy changes impact NIM and deposit competition
- Commercial real estate exposure in regional bank loan portfolio amid potential credit stress
- Economic slowdown could reduce loan demand and fee-based revenue growth

Methodology

Truist Financial Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.