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Why Truist Financial Stock Fell on Friday

Why Truist Financial Stock Fell on Friday

The market was up marginally for the day as the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite each rose by around 0.1%. Truist Financial, the seventh-largest bank in the U.S. by assets, reported first-quarter earnings on Wednesday that missed analysts' consensus expectations. Truist also saw growth in its commercial and industrial loan portfolio.