In other recent news, Truist Financial Corporation reported a robust second quarter for 2025, with earnings per share of $1.19, significantly surpassing the forecast of $0.92. The company's revenue also slightly exceeded expectations, reaching $5.04 billion compared to the projected $5.02 billion. Despite these strong earnings results, Raymond James lowered its price target for Truist Financial to $48 from $50, although it maintained an Outperform rating on the stock. Additionally, Truist Financial announced a regular quarterly cash dividend of $0.52 per common share, payable on September 2, 2025, to shareholders of record as of August 8, 2025. The company also declared regular cash dividends on several series of its preferred stock, with payment dates set for September. In another development, Truist Financial updated its bylaws to revise board procedures and director age limits, enhancing disclosure requirements for shareholders intending to nominate directors or propose business at shareholder meetings.