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. Meanwhile, Enterprise Financial Services (NASDAQ: EFSC ) Corp appointed Lars C. Anderson to its board, increasing the board size from 11 to 12 members. These developments provide investors with a range of updates from both companies. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.