Subtext

Truist Financial Corporation TFC

SectorFinancials
Transcripts72
Date range2007-07-19 – 2025-04-17
Calls charted72

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-23-11+0+11+232007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Overall: +3.12007 Q3 · Overall: -7.72007 Q4 · Overall: -4.32008 Q1 · Overall: -7.52008 Q2 · Overall: -6.52008 Q3 · Overall: +0.12008 Q4 · Overall: +0.02009 Q1 · Overall: +2.52009 Q2 · Overall: +0.22009 Q3 · Overall: -2.72009 Q4 · Overall: +5.92010 Q1 · Overall: +1.82010 Q2 · Overall: +2.92010 Q3 · Overall: +8.92010 Q4 · Overall: +6.12011 Q1 · Overall: +9.82011 Q2 · Overall: +12.22011 Q3 · Overall: +4.32011 Q4 · Overall: +5.42012 Q1 · Overall: +8.22012 Q2 · Overall: +7.62012 Q3 · Overall: +7.22012 Q4 · Overall: +13.72013 Q1 · Overall: +6.42013 Q2 · Overall: +7.02013 Q3 · Overall: +7.32013 Q4 · Overall: +13.72014 Q1 · Overall: +13.62014 Q2 · Overall: +9.02014 Q3 · Overall: +11.62014 Q4 · Overall: +17.42015 Q1 · Overall: +9.52015 Q2 · Overall: +14.12015 Q3 · Overall: +11.42015 Q4 · Overall: +6.32016 Q1 · Overall: +11.72016 Q2 · Overall: +12.12016 Q3 · Overall: +5.72016 Q4 · Overall: +8.02017 Q1 · Overall: +10.42017 Q2 · Overall: +11.32017 Q3 · Overall: +9.02017 Q4 · Overall: +9.62018 Q1 · Overall: +12.42018 Q2 · Overall: +10.72018 Q3 · Overall: +10.92018 Q4 · Overall: +11.62019 Q1 · Overall: +11.12019 Q2 · Overall: +11.12019 Q3 · Overall: +11.82019 Q4 · Overall: +9.92020 Q1 · Overall: +0.12020 Q2 · Overall: +11.12020 Q3 · Overall: +8.62020 Q4 · Overall: +9.92021 Q1 · Overall: +17.02021 Q2 · Overall: +19.92021 Q3 · Overall: +18.12021 Q4 · Overall: +14.12022 Q1 · Overall: +9.62022 Q2 · Overall: +12.72022 Q3 · Overall: +16.12022 Q4 · Overall: +16.22023 Q1 · Overall: +11.62023 Q2 · Overall: +9.92023 Q3 · Overall: +10.22023 Q4 · Overall: +7.12024 Q1 · Overall: +6.12024 Q2 · Overall: +12.52024 Q3 · Overall: +13.52024 Q4 · Overall: +16.92025 Q1 · Overall: +11.7
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-41-21+0+21+412007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · CEO: +5.72007 Q3 · CEO: -4.32007 Q4 · CEO: -5.72008 Q1 · CEO: -9.02008 Q2 · CEO: -8.52008 Q3 · CEO: -3.52008 Q4 · CEO: +0.82009 Q1 · CEO: +4.12009 Q2 · CEO: +0.92009 Q3 · CEO: -0.22009 Q4 · CEO: +7.22010 Q1 · CEO: +2.62010 Q2 · CEO: +4.02010 Q3 · CEO: +20.62010 Q4 · CEO: +12.92011 Q1 · CEO: +23.02011 Q2 · CEO: +16.62011 Q3 · CEO: +10.62011 Q4 · CEO: +15.12012 Q1 · CEO: +14.52012 Q2 · CEO: +16.62012 Q3 · CEO: +17.72012 Q4 · CEO: +19.42013 Q1 · CEO: +10.32013 Q2 · CEO: +9.82013 Q3 · CEO: +12.72013 Q4 · CEO: +22.42014 Q1 · CEO: +17.62014 Q2 · CEO: +11.82014 Q3 · CEO: +16.22014 Q4 · CEO: +21.12015 Q1 · CEO: +14.12015 Q2 · CEO: +25.02015 Q3 · CEO: +14.42015 Q4 · CEO: +10.62016 Q3 · CEO: +7.52016 Q4 · CEO: +13.62017 Q1 · CEO: +11.12017 Q2 · CEO: +14.32017 Q3 · CEO: +12.72017 Q4 · CEO: +13.92018 Q1 · CEO: +16.62018 Q2 · CEO: +15.12018 Q3 · CEO: +19.12018 Q4 · CEO: +21.52019 Q1 · CEO: +20.42019 Q2 · CEO: +19.22019 Q3 · CEO: +18.92019 Q4 · CEO: +18.72020 Q1 · CEO: +13.92020 Q2 · CEO: +24.32020 Q3 · CEO: +21.42020 Q4 · CEO: +14.32021 Q1 · CEO: +25.42021 Q2 · CEO: +35.92021 Q3 · CEO: +23.32022 Q1 · CEO: +18.22022 Q2 · CEO: +25.72022 Q3 · CEO: +25.22022 Q4 · CEO: +25.52023 Q1 · CEO: +22.62023 Q2 · CEO: +18.72023 Q3 · CEO: +20.82023 Q4 · CEO: +26.92024 Q1 · CEO: +21.92024 Q2 · CEO: +30.72024 Q3 · CEO: +23.22024 Q4 · CEO: +29.82025 Q1 · CEO: +24.32007 Q2 · CFO: +11.02007 Q3 · CFO: -9.12007 Q4 · CFO: +12.62008 Q1 · CFO: +5.12008 Q2 · CFO: +3.92008 Q3 · CFO: +3.42008 Q4 · CFO: -12.52009 Q1 · CFO: +20.22009 Q2 · CFO: +7.92009 Q3 · CFO: +4.32009 Q4 · CFO: +12.42010 Q1 · CFO: +15.62010 Q2 · CFO: +7.02010 Q3 · CFO: +3.52010 Q4 · CFO: +6.52011 Q1 · CFO: +7.62011 Q2 · CFO: +14.62011 Q3 · CFO: +7.22011 Q4 · CFO: +6.72012 Q1 · CFO: +11.22012 Q2 · CFO: +8.62012 Q3 · CFO: +1.82012 Q4 · CFO: +7.92013 Q1 · CFO: +6.62013 Q2 · CFO: +7.62013 Q3 · CFO: +10.62013 Q4 · CFO: +8.92014 Q1 · CFO: +13.62014 Q2 · CFO: +11.22014 Q3 · CFO: +11.82014 Q4 · CFO: +18.52015 Q1 · CFO: +11.52015 Q2 · CFO: +7.82015 Q3 · CFO: +11.72015 Q4 · CFO: +10.02016 Q3 · CFO: +15.42016 Q4 · CFO: +4.92017 Q1 · CFO: +14.12017 Q2 · CFO: +12.92017 Q3 · CFO: +11.22017 Q4 · CFO: +9.12018 Q1 · CFO: +7.02018 Q2 · CFO: +7.72018 Q3 · CFO: +5.92018 Q4 · CFO: +13.92019 Q1 · CFO: +8.22019 Q2 · CFO: +3.92019 Q3 · CFO: +1.32019 Q4 · CFO: +4.22020 Q1 · CFO: -2.42020 Q2 · CFO: +6.92020 Q3 · CFO: +6.52020 Q4 · CFO: +12.62021 Q1 · CFO: +19.92021 Q2 · CFO: +19.02021 Q3 · CFO: +16.42021 Q4 · CFO: +11.42022 Q1 · CFO: +5.72022 Q2 · CFO: +5.12022 Q3 · CFO: +19.32022 Q4 · CFO: +9.62023 Q1 · CFO: +2.92023 Q2 · CFO: +1.92023 Q3 · CFO: +1.62023 Q4 · CFO: -2.52024 Q1 · CFO: -3.62024 Q2 · CFO: -3.62024 Q3 · CFO: +5.32024 Q4 · CFO: +8.52025 Q1 · CFO: +4.8
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-44-22+0+22+442007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12007 Q2 · Prepared remarks: +8.72007 Q3 · Prepared remarks: -3.42007 Q4 · Prepared remarks: +0.02008 Q1 · Prepared remarks: -1.32008 Q2 · Prepared remarks: -1.52008 Q3 · Prepared remarks: +6.42008 Q4 · Prepared remarks: +5.02009 Q1 · Prepared remarks: +13.72009 Q2 · Prepared remarks: +8.32009 Q3 · Prepared remarks: +3.52009 Q4 · Prepared remarks: +8.22010 Q1 · Prepared remarks: +5.12010 Q2 · Prepared remarks: +3.22010 Q3 · Prepared remarks: +11.42010 Q4 · Prepared remarks: +14.62011 Q1 · Prepared remarks: +10.32011 Q2 · Prepared remarks: +15.32011 Q3 · Prepared remarks: +15.72011 Q4 · Prepared remarks: +5.42012 Q1 · Prepared remarks: +11.72012 Q2 · Prepared remarks: +12.22012 Q3 · Prepared remarks: +15.12012 Q4 · Prepared remarks: +16.42013 Q1 · Prepared remarks: +13.62013 Q2 · Prepared remarks: +11.02013 Q3 · Prepared remarks: +12.22013 Q4 · Prepared remarks: +18.92014 Q1 · Prepared remarks: +13.32014 Q2 · Prepared remarks: +12.62014 Q3 · Prepared remarks: +13.12014 Q4 · Prepared remarks: +26.32015 Q1 · Prepared remarks: +10.02015 Q2 · Prepared remarks: +21.52015 Q3 · Prepared remarks: +17.22015 Q4 · Prepared remarks: +14.32016 Q1 · Prepared remarks: +21.52016 Q2 · Prepared remarks: +16.12016 Q3 · Prepared remarks: +5.52016 Q4 · Prepared remarks: +13.52017 Q1 · Prepared remarks: +16.12017 Q2 · Prepared remarks: +18.02017 Q3 · Prepared remarks: +13.12017 Q4 · Prepared remarks: +15.32018 Q1 · Prepared remarks: +14.62018 Q2 · Prepared remarks: +14.52018 Q3 · Prepared remarks: +23.02018 Q4 · Prepared remarks: +20.22019 Q1 · Prepared remarks: +11.12019 Q2 · Prepared remarks: +19.62019 Q3 · Prepared remarks: +17.32019 Q4 · Prepared remarks: +14.22020 Q1 · Prepared remarks: +9.02020 Q2 · Prepared remarks: +17.22020 Q3 · Prepared remarks: +20.42020 Q4 · Prepared remarks: +17.72021 Q1 · Prepared remarks: +21.32021 Q2 · Prepared remarks: +26.52021 Q3 · Prepared remarks: +18.32021 Q4 · Prepared remarks: +16.62022 Q1 · Prepared remarks: +12.12022 Q2 · Prepared remarks: +14.02022 Q3 · Prepared remarks: +20.22022 Q4 · Prepared remarks: +26.02023 Q1 · Prepared remarks: +16.02023 Q2 · Prepared remarks: +15.12023 Q3 · Prepared remarks: +12.02023 Q4 · Prepared remarks: +13.82024 Q1 · Prepared remarks: +9.92024 Q2 · Prepared remarks: +10.42024 Q3 · Prepared remarks: +18.12024 Q4 · Prepared remarks: +19.12025 Q1 · Prepared remarks: +17.52007 Q2 · Q&A responses: +0.02007 Q3 · Q&A responses: -7.92007 Q4 · Q&A responses: -7.02008 Q1 · Q&A responses: -12.22008 Q2 · Q&A responses: -13.62008 Q3 · Q&A responses: -11.12008 Q4 · Q&A responses: -5.82009 Q1 · Q&A responses: -4.62009 Q2 · Q&A responses: -7.62009 Q3 · Q&A responses: -3.62009 Q4 · Q&A responses: +5.72010 Q1 · Q&A responses: +1.92010 Q3 · Q&A responses: +7.72010 Q4 · Q&A responses: +0.02011 Q1 · Q&A responses: +0.02011 Q2 · Q&A responses: +13.92011 Q3 · Q&A responses: +1.32012 Q1 · Q&A responses: +7.32012 Q2 · Q&A responses: +4.42012 Q3 · Q&A responses: +5.62012 Q4 · Q&A responses: +14.92013 Q1 · Q&A responses: +4.22013 Q2 · Q&A responses: +5.82013 Q3 · Q&A responses: +8.12013 Q4 · Q&A responses: +14.92014 Q1 · Q&A responses: +38.32014 Q2 · Q&A responses: +8.52014 Q3 · Q&A responses: +14.32014 Q4 · Q&A responses: +14.32015 Q2 · Q&A responses: +9.62015 Q3 · Q&A responses: +7.92015 Q4 · Q&A responses: +6.42016 Q1 · Q&A responses: +5.22016 Q2 · Q&A responses: +13.62016 Q3 · Q&A responses: +11.72016 Q4 · Q&A responses: +7.52017 Q1 · Q&A responses: +7.52017 Q2 · Q&A responses: +9.52017 Q3 · Q&A responses: +8.02017 Q4 · Q&A responses: +10.92018 Q1 · Q&A responses: +13.02018 Q2 · Q&A responses: +8.62018 Q3 · Q&A responses: +9.02018 Q4 · Q&A responses: +14.12019 Q1 · Q&A responses: +18.72019 Q2 · Q&A responses: +6.72019 Q3 · Q&A responses: +9.32019 Q4 · Q&A responses: +12.32020 Q1 · Q&A responses: -2.42020 Q2 · Q&A responses: +8.92020 Q3 · Q&A responses: +4.92020 Q4 · Q&A responses: +8.42021 Q1 · Q&A responses: +18.12021 Q2 · Q&A responses: +15.32021 Q3 · Q&A responses: +21.42021 Q4 · Q&A responses: +10.12022 Q1 · Q&A responses: +10.52022 Q2 · Q&A responses: -17.02022 Q3 · Q&A responses: +14.52022 Q4 · Q&A responses: +10.52023 Q1 · Q&A responses: +7.92023 Q2 · Q&A responses: +6.52023 Q3 · Q&A responses: +12.52023 Q4 · Q&A responses: +5.82024 Q1 · Q&A responses: +8.32024 Q2 · Q&A responses: +18.62024 Q3 · Q&A responses: +15.22024 Q4 · Q&A responses: +20.02025 Q1 · Q&A responses: +13.9
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.74$4.13$5.532007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: $3.122014 Q2: $3.102014 Q3: $3.052014 Q4: $2.932015 Q1: $3.062015 Q2: $3.062015 Q3: $3.092015 Q4: $3.152016 Q1: $3.012016 Q2: $2.982016 Q3: $2.992016 Q4: $3.092017 Q1: $3.192017 Q2: $3.142017 Q3: $3.302017 Q4: $3.422018 Q1: $4.012018 Q2: $4.182018 Q3: $4.252018 Q4: $4.372019 Q1: $4.422019 Q2: $4.402019 Q3: $4.362019 Q4: $4.352020 Q1: $4.382020 Q2: $3.232020 Q3: $3.252020 Q4: $3.522021 Q1: $4.322021 Q2: $4.762021 Q3: $4.992021 Q4: $4.882022 Q1: $5.042022 Q2: $5.292022 Q3: $5.342022 Q4: $5.192023 Q1: $4.952023 Q2: $4.282023 Q3: $3.612023 Q4: $3.432024 Q1: $3.572024 Q2: $3.732024 Q3: $3.942024 Q4: $3.96

Forward P/E

5.7810.8015.832007 Q22009 Q32011 Q42014 Q12016 Q22018 Q32020 Q42023 Q12014 Q1: 12.572014 Q2: 12.542014 Q3: 12.552014 Q4: 12.812015 Q1: 12.972015 Q2: 13.472015 Q3: 12.002015 Q4: 12.172016 Q1: 11.272016 Q2: 11.942016 Q3: 12.512016 Q4: 15.142017 Q1: 14.722017 Q2: 14.182017 Q3: 13.562017 Q4: 14.452018 Q1: 13.622018 Q2: 12.872018 Q3: 12.012018 Q4: 9.912019 Q1: 11.332019 Q2: 11.152019 Q3: 12.192019 Q4: 12.952020 Q1: 6.472020 Q2: 12.452020 Q3: 12.372020 Q4: 13.422021 Q1: 13.582021 Q2: 12.142021 Q3: 11.152021 Q4: 12.002022 Q1: 11.852022 Q2: 8.812022 Q3: 8.872022 Q4: 8.132023 Q1: 6.482023 Q2: 7.412023 Q3: 7.932023 Q4: 10.352024 Q1: 10.202024 Q2: 9.802024 Q3: 10.662024 Q4: 10.89

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q3 tone ↑ +2.6 fwd EPS ↓ -0.05 Tone rose while the forward EPS estimate was cut.
  • 2014 Q4 tone ↑ +5.8 fwd EPS ↓ -0.12 Tone rose while the forward EPS estimate was cut.
  • 2015 Q1 tone ↓ -7.8 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q3 tone ↓ -2.7 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q4 tone ↓ -5.1 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↑ +5.4 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2017 Q3 tone ↓ -2.3 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +11.0 fwd EPS ↓ -1.14 Tone rose while the forward EPS estimate was cut.
  • 2022 Q1 tone ↓ -4.5 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-17+11.7——View →
2024 Q42025-01-17+16.9$3.9610.9View →
2024 Q32024-10-17+13.5$3.9410.7View →
2024 Q22024-07-22+12.5$3.739.8View →
2024 Q12024-04-22+6.1$3.5710.2View →
2023 Q42024-01-18+7.1$3.4310.3View →
2023 Q32023-10-19+10.2$3.617.9View →
2023 Q22023-07-20+9.9$4.287.4View →