- Investing.com
Credit Quality Watch | Net charge-offs rose 9 basis points as provisions exceeded forecasts, though criticized loans declined 5 percent, presenting mixed asset quality signals |
Branch Network Vision | A contrarian five-year plan unfolds: 100 new branches and 300 renovations aim to capture market share while competitors retreat from physical presence |
Capital Returns | Analyst price targets range from $47 to $56, reflecting cautious sentiment. Buybacks escalate to $1.1 billion quarterly, signaling management conviction |
Revenue Pressures | Truist confronts declining revenues with net interest income and fee-based earnings facing compression from unfavorable rate movements and competitive intensity |

Metrics to compare | TFC | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipTFCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 11.5x | 12.1x | 10.0x | |
PEG Ratio | 0.65 | 0.23 | 0.03 | |
Price / Book | 1.1x | 1.1x | 1.0x | |
Price / LTM Sales | 3.3x | 4.0x | 2.9x | |
Upside (Analyst Target) | 5.9% | 14.9% | 13.5% | |
Fair Value Upside | Unlock | −12.0% | 2.2% | Unlock |
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through two segments, Consumer and Small Business Banking; and Wholesale Banking. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; credit card lending; home equity and mortgage lending; other direct retail lending; home mortgage lending; Investment brokerage services; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; and small business lending. In addition, it offers asset-based lending, commercial deposit and treasury services; commercial lending; floor plan lending; derivatives; institutional trust services; insurance premium finance; international banking; investment banking and capital markets services; leasing; merchant services; mortgage warehouse lending; real estate lending; supply chain financing; and wealth management/private banking. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.