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; automobile lending; credit card lending; consumer finance; 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.
Analyst Outlook | Discover varied analyst perspectives, with price targets ranging from $41 to $55, reflecting diverse views on Truist's future performance and valuation |
Market Positioning | Delve into Truist's competitive advantage in the Southeast U.S., leveraging regional expertise to capture growth in a dynamic economic landscape |
Capital Strength | Explore Truist's robust capital position, enabling a $4 billion share repurchase program and potential for strategic growth opportunities |
Financial Resilience | Truist Financial demonstrates strength with projected EPS growth, consistent dividends, and a focus on operational efficiency despite revenue pressures |
Metrics to compare | TFC | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipTFCPeersSector | |
---|---|---|---|---|
P/E Ratio | −199.8x | 13.3x | 9.1x | |
PEG Ratio | −0.56 | −0.71 | 0.03 | |
Price / Book | 0.9x | 0.7x | 1.0x | |
Price / LTM Sales | 4.6x | 3.2x | 2.7x | |
Upside (Analyst Target) | 14.2% | 15.3% | 14.1% | |
Fair Value Upside | Unlock | 2.4% | 3.0% | Unlock |