Truist Financial Price Target Raised 10.7% to $57 on Q4 Earnings
JPMorgan analyst raised Truist Financial’s 12-month target price by 10.7% to $57 while maintaining a Neutral rating after Q4 2025 earnings showed net income rose 5.7% YoY to $1.29 billion and EPS grew 9.9% to $1.00. Loan book expanded 7.4% YoY to $330.4 billion, driving 3.1% net interest income growth to $3.70 billion.
1. Target Price Increase
On February 9, JPMorgan hiked Truist Financial’s 12-month target price by 10.7% to $57 while retaining a Neutral rating, reflecting updated large-cap bank forecasts following Q4 results.
2. Q4 2025 Earnings Growth
Truist’s net income available to common shareholders rose 5.7% year-over-year to $1.29 billion and diluted EPS grew 9.9% to $1.00. Return on average assets improved to 0.99% and return on average common equity increased to 8.5%.
3. Balance Sheet Drivers
Earning assets grew 2.5% year-over-year to $484.6 billion, led by a 7.4% expansion in loans to $330.4 billion. This drove net interest income up 3.1% to $3.70 billion while net interest margin remained flat at 3.07%.
4. Funding Costs and Asset Quality
Deposits increased by $9.8 billion to $400.5 billion and debt rose $5.6 billion to $69.8 billion, lowering average funding costs by 35 basis points to 2.67% even as asset yields fell 20 basis points to 5.05%. Nonperforming loans and net charge-off ratios held near 0.5%.