In other recent news, Truist Financial Corporation reported impressive second-quarter results for 2025, with earnings per share reaching $1.19, significantly surpassing the projected $0.92. The company's revenue also slightly exceeded expectations, totaling $5.04 billion compared to the anticipated $5.02 billion. Despite these strong earnings, Raymond (NSE: RYMD ) James lowered its price target for Truist Financial from $50 to $48, while maintaining an Outperform rating. Additionally, Truist Financial declared a quarterly cash dividend of $0.52 per common share, alongside dividends on several series of preferred stock, with payment dates set for September. In a move to enhance corporate governance, Truist Financial updated its bylaws, revising procedures for shareholder proposals and director nominations. The amended bylaws also expanded disclosure requirements for shareholders and director nominees.