Truist's Loan Income Misses Estimates as Revenue Outlook Cut
(Bloomberg) -- Truist Financial Corp. posted lower first-quarter lending profits than analysts expected as it was forced to pay customers more for deposits with interest rates remaining elevated, and the bank trimmed its revenue guidance for the rest of the year.Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Reco
Source: yahoo.com
