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Truist Financial Corp (TFC)

NYSE
Currency in USD
47.24
-0.44(-0.92%)
Real-time Data
TFC Scorecard
Full Analysis
High shareholder yield
High dividend Yield
Fair Value
Day's Range
47.2347.97
52 wk Range
32.7849.06
Key Statistics
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Prev. Close
47.68
Open
47.9
Day's Range
47.23-47.97
52 wk Range
32.78-49.06
Volume
397.84K
Average Volume (3m)
8.14M
1-Year Change
43.31%
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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Fair Pricepro lock
Upsidepro lock
Price Target
48.39
Upside
+2.35%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 9 consecutive years
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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.

Sector
Financial
Employees
49935

Truist Financial Corp SWOT Analysis


Capital Fortification
Explore how Truist's sale of its insurance holdings and subsequent $5 billion stock repurchase program have bolstered its financial position and shareholder value
Growth Amid Challenges
Delve into Truist's performance in high-growth Southeastern markets, balancing regional economic strength against broader industry headwinds
Credit Quality Concerns
Uncover the implications of rising special mention loans for Truist's risk profile, and how it's navigating potential credit quality issues
Analyst Perspectives
Discover varied analyst views on Truist, with price targets ranging from $45 to $48, reflecting a cautiously optimistic outlook on the bank's prospects
Read full SWOT analysis
TFC Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
Bearish and bullish outlooks
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Truist Financial Corp Earnings Call Summary for Q4/2024

  • GAAP net income of $1.3B, adjusted EPS of $0.97; plans $500M stock buyback in Q4; capital returns to shareholders totaled $1.2B
  • Q4 outlook: 1.5% revenue decrease, net interest income drop, 2% non-interest income decline, 4% rise in adjusted expenses
  • Average loans and deposits down 1% sequentially; net interest margin expected to decline to 3.05%-3.06% in Q4
  • 3% growth in consumer/small business lending, 4% rise in wholesale lending; 35% increase in new-to-bank clients
  • Focus on expanding client relationships, maintaining ROTCE in mid-teens, and increasing investments in risk infrastructure
Last Updated: 2024-10-18, 06:18 a/m
Read Full Transcript

Compare TFC to Peers and Sector

Metrics to compare
TFC
Peers
Sector
Relationship
P/E Ratio
−9.8x7.3x8.7x
PEG Ratio
0.070.600.03
Price/Book
1.1x1.0x1.0x
Price / LTM Sales
4.4x2.6x2.8x
Upside (Analyst Target)
0.7%0.0%10.6%
Fair Value Upside
Unlock3.9%2.8%Unlock

Analysts' Recommendations

10 Buy
13 Hold
0 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 48.39

(+2.43% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -1.43
Dividend Yield
4.36%
Industry Median 4.56%
Annualized payout
2.0800
Paid quarterly
5-Years Growth
+4.55%
Growth Streak

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FAQ

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

The Truist Financial Corp stock price today is 47.24

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 Truist Financial Corp dividend yield is 4.36%.

What Is the Truist Financial Corp Market Cap?

As of today, Truist Financial Corp market cap is 63.36B.

What is Truist Financial Corp Earnings Per Share?

The Truist Financial Corp EPS is -1.43.

What Is the Next Truist Financial Corp Earnings Date?

Truist Financial Corp will release its next earnings report on Jan 17, 2025.

From a Technical Analysis Perspective, Is TFC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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