Despite a reported loss, the bank's underlying results were ...
Despite a reported loss, the bank's underlying results were positive, with stronger-than-expected net interest income and an increase in net interest margin. Citi analyst Keith Horowitz reiterated a buy rating on Truist, highlighting that the bank beat the analyst consensus estimate for preprovision net revenue by 8 cents a share.
Truist Financial's Stock Shrugs off Loss as Revenue and Other Metrics Beat Estimates
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