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Truist Financial Corp (TFC)

NYSE
Currency in USD
Disclaimer
42.39
+0.90(+2.17%)
Closed
After Hours
42.40+0.01(+0.02%)
TFC Scorecard
Full Analysis
Has raised its dividend for 9 consecutive years
Earnings results expected in 11 days
Fair Value
Day's Range
41.9942.61
52 wk Range
26.9145.31
Prev. Close
41.49
Open
42.22
Day's Range
41.99-42.61
52 wk Range
26.91-45.31
Volume
5,650,777
Average Vol. (3m)
7,379,488
1-Year Change
55.16%
Book Value / Share
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Fair Value
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Fair Value Upside
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TFC Scorecardpro icon
Company’s Health
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Fair Value
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Price Target
46.78
Upside
+10.36%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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InvestingPro Research for Truist Financial Corp


Analyst Perspectives
Analyst price targets range from $41 to $48, reflecting cautious optimism about Truist's strategic moves and future performance in a dynamic banking landscape
Market Dynamics
Delve into Truist's advantageous presence in the high-growth Southeastern U.S., balanced against conservative loan growth projections and potential economic shifts
Financial Resilience
Explore Truist's Q2 2024 performance, exceeding expectations with strong core results and an improved CET1 ratio of 11.6%, signaling financial strength
Strategic Reshaping
Truist's sale of insurance holdings and balance sheet restructuring bolster capital position, presenting new opportunities and challenges for future growth

Truist Financial Corp Company Profile

Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.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; automobile lending; credit card lending; consumer finance; home equity and mortgage lending; other direct retail lending; insurance; investment brokerage; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; small business lending; and wealth management/private banking services. In addition, it offers asset based lending, investment banking and capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, floor plan, mortgage warehouse lending, real estate lending, and supply chain financing services. Further, the company provides insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and advisory services. 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.

Employees
49935

Compare TFC to Peers and Sector

Metrics to compare
TFC
Peers
Sector
Relationship
P/E Ratio
−8.3x7.0x8.7x
PEG Ratio
0.060.270.03
Price / Book
1.0x0.8x1.0x
Price / LTM Sales
4.0x2.0x2.7x
Upside (Analyst Target)
10.9%7.0%12.7%
Fair Value Upside
Unlock8.7%2.9%Unlock

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FAQ

What Is the Truist Financial Corp (TFC) Stock Price Today?

The Truist Financial Corp stock price today is 42.39

What Stock Exchange Does Truist Financial Corp Trade On?

Truist Financial Corp is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Truist Financial Corp?

The stock symbol for Truist Financial Corp is "TFC."

Does Truist Financial Corp Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 4.91%.

What Is the Truist Financial Corp Market Cap?

As of today, Truist Financial Corp market cap is 56.77B.

What is Truist Financial Corp Earnings Per Share?

The Truist Financial Corp EPS is -1.63.

What Is the Next Truist Financial Corp Earnings Date?

Truist Financial Corp will release its next earnings report on Oct 17, 2024.
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