Truist Financial Corporation (TFC)
| Market Cap | 62.70B |
| Revenue (ttm) | 11.41B |
| Net Income (ttm) | 4.12B |
| Shares Out | 1.32B |
| EPS (ttm) | 3.10 |
| PE Ratio | 15.22 |
| Forward PE | 11.88 |
| Dividend | $2.08 (4.37%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 13,252,641 |
| Open | 47.02 |
| Previous Close | 44.98 |
| Day's Range | 46.55 - 47.75 |
| 52-Week Range | 34.23 - 49.06 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 48.97 (+2.77%) |
| Earnings Date | Jan 17, 2025 |
About TFC
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 lendin... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for TFC stock is "Buy." The 12-month stock price forecast is $48.97, which is an increase of 2.77% from the latest price.
News
Truist Financial: Limited Upside Potential In 2025 (Rating Downgrade)
Truist Financial's Q4 earnings exceeded expectations, driven by higher investment banking fees and improved credit trends, with credit provisions down $100M year-over-year. Despite strong Q4 performan...
Truist Financial Corporation (TFC) Q4 2024 Earnings Conference Call Transcript
Truist Financial Corporation (NYSE:TFC) Q4 2024 Earnings Conference Call January 17, 2025 8:00 AM ET Company Participants Brad Milsaps - IR Bill Rogers - Chairman and CEO Mike Maguire - CFO Conferenc...
Truist Blends Innovation With Operational Stability and Digital Efficiency
Truist Financial's fourth-quarter and full-year 2024 earnings results, reported Friday (Jan. 17), provide a snapshot of a company seeking to grapple with digital disruption and evolving consumer expec...
Truist Financial: Optimism Boosted Further By 2024 Results
Truist Financial Corporation released its fourth quarter and full year 2024 earnings today. Unlike its larger competitor U.S. Bancorp, Truist beat earnings estimates. However, there are other reasons ...
Truist reports fourth quarter 2024 results
CHARLOTTE, N.C. , Jan. 17, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its fourth quarter 2024 results today.
Truist Foundation partners with Center for Disaster Philanthropy to provide over $20M in disaster recovery grants in Western North Carolina
Grants will support post-Hurricane Helene housing and small business recovery, long-term resiliency CHARLOTTE, N.C. , Jan. 15, 2025 /PRNewswire/ -- Truist Foundation today announced it will partner wi...
Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, are ready to buy, with dividends from $1K invested exceeding single share prices. Analysts project 16.27% to 32.98% net ...
Truist announces fourth-quarter 2024 earnings call details
CHARLOTTE, N.C. , Dec. 20, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report fourth-quarter 2024 financial results before the market opens on Friday, January 17, 2025.
Truist receives 'Outstanding' Community Reinvestment Act rating
CHARLOTTE, N.C. , Dec. 11, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it received the highest possible overall rating of "Outstanding" from the Federal Deposit Insur...
Truist Financial Corporation (TFC) Goldman Sachs US Financial Services Conference - (Transcript)
Truist Financial Corporation (NYSE:TFC) Goldman Sachs US Financial Services Conference Call December 10, 2024 10:40 AM ET Company Participants William Rogers - Chairman and Chief Executive Officer Co...
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership
The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the secto...
Truist to speak at the Goldman Sachs US Financial Services Conference
CHARLOTTE, N.C. , Nov. 21, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Bill Rogers will speak at the Goldman Sachs 2024 US F...
Truist launches 'Truist Cares for Western North Carolina'--a three-year, $725 million commitment to support and sustain hurricane recovery and resiliency
Resources to be focused on critical areas of need: small business assistance, housing and infrastructure Truist to engage community partners to help identify highest-impact investments CHARLOTTE, N.C....
Truist announces retirement of Vice Chair and Chief Risk Officer Clarke R. Starnes III and appointment of Brad Bender as successor
CHARLOTTE, N.C. , Nov. 13, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Clarke R.
Lincoln Property Company Named the Exclusive Real Estate Provider for Leading Insurance Brokerage TIH
DALLAS--(BUSINESS WIRE)--Lincoln Property Company ("Lincoln"), a global, full-service real estate firm, announced the company has been named as the exclusive real estate provider for TIH, the seventh ...
Azimuth extends relationship with Truist to enhance its automation capabilities
JACKSONVILLE, Fla. , Nov. 12, 2024 /PRNewswire/ -- Azimuth, a pioneer in compliance automation, announced today that it is growing its strategic partnership with Truist Financial Corp (NYSE: TFC).
Truist Financial Corporation (TFC) BancAnalysts Association of Boston Conference (Transcript)
Truist Financial Corporation (NYSE:TFC) BancAnalysts Association of Boston Conference Call November 7, 2024 8:55 AM ET Company Participants Donta Wilson - Head, Consumer and Small Business Banking Co...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Truist hires Kerry Jessani to lead new mid-corporate banking team
CHARLOTTE, N.C., Nov. 4, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has hired Kerry Jessani as head of mid-corporate banking.
Truist announces redemption of Series L Depositary Shares
CHARLOTTE, N.C. , Nov. 1, 2024 /PRNewswire/ -- Truist Financial Corporation (the "Company") today announced that it has submitted a redemption notice to U.S. Bank, National Association (the "Depositar...
Truist to speak at the BancAnalysts Association of Boston Conference
CHARLOTTE, N.C. , Oct. 30, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Consumer and Small Business Banking Officer Dontá Wilson will speak at the BancAnaly...
Truist declares common and preferred stock dividends
CHARLOTTE, N.C. , Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Dec....
How Truist's Solid Q3 Is (Slowly) Winning Back My Trust
Major regional bank Truist Financial reported its Q3 2024 results on Thursday and beat both on top- and bottom line estimates. Revenue was down 10%, but this was to be expected as Q3 was the first ful...