Therefore, having been justified by faith, we have peace with God through our Lord Jesus Christ, 2 through whom also we have access by faith into this grace in which we stand, and rejoice in hope of the glory of God. 3 And not only that, but we also glory in tribulations, knowing that tribulation produces perseverance; 4 and perseverance, character; and character, hope. 5 Now hope does not disappoint, because the love of God has been poured out in our hearts by the Holy Spirit who was given to us. — Romans 5:1-4.
The immediate results of being justified by faith are peace with God through Christ, access by faith into His grace, and rejoicing in the hope of God’s glory. But even tribulations bring their character-shaping blessings for those who are justified. This is especially so because of God’s pouring His love into our hearts through the Holy Spirit. [Source: The Bible Panorama.]