Truist Financial Corporation (TFC)
| Market Cap | 61.30B |
| Revenue (ttm) | 14.50B |
| Net Income (ttm) | -1.91B |
| Shares Out | 1.33B |
| EPS (ttm) | -1.43 |
| PE Ratio | n/a |
| Forward PE | 12.40 |
| Dividend | $2.08 (4.50%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 8,899,572 |
| Open | 46.74 |
| Previous Close | 46.63 |
| Day's Range | 46.10 - 47.17 |
| 52-Week Range | 31.23 - 47.57 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 45.28 (-1.95%) |
| Earnings Date | Oct 17, 2024 |
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 22 analysts, the average rating for TFC stock is "Buy." The 12-month stock price forecast is $45.28, which is a decrease of -1.95% from the latest price.
News
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...
Why Truist Financial Stock Is Not A Buy Ahead Of Q2 Earnings
Truist Financial Corporation will report its second-quarter results on Monday, July 22, before the market opens. In this update, I share what I expect from Truist's Q2 results — especially given the s...
Final Trades: Palo Alto, Meta and Truist Financial
The Investment Committee give you their top stocks to watch for the second half.
Truist unveils comprehensive Electronic Bill Presentment and Payment solution to accelerate cash flow and enhance client satisfaction
New EBPP platform combines speed, simplicity, and security to empower wholesale payments clients with a modern and flexible payment experience CHARLOTTE, N.C. , Oct. 18, 2024 /PRNewswire/ -- Truist Fi...
Truist Financial Corporation (TFC) Q3 2024 Earnings Call Transcript
Truist Financial Corporation (NYSE:TFC) Q3 2024 Earnings Call Transcript October 17, 2024 8:00 AM ET Company Participants Brad Milsaps - IR Bill Rogers - Chairman and CEO Mike Maguire - CFO Conferenc...
Balance Sheet Optimization, Expense Discipline, Digital Growth Define Truist's Quarter
After weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in their long-term growth prospects. That was the story shared by Truist executives during a thir...
Truist reports third quarter 2024 results
CHARLOTTE, N.C. , Oct. 17, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its third quarter 2024 results today.
Truist Financial Q3 Preview: Core Banking Trends Become Even More Important
Truist Financial will report third quarter earnings pre-market on Thursday, October 17. Analysts expect roughly flat EPS. Having disposed of its remaining stake in Truist Insurance Holdings, Truist is...
Truist Foundation announces $1 million grant to assist with Hurricane Milton relief, recovery across Florida
Funds will help provide immediate and long-term resources to help communities in the storm's path get ready, respond and rebuild CHARLOTTE, N.C. , Oct. 8, 2024 /PRNewswire/ -- As another hurricane thr...
3 High-Yield Dividend Stocks Analysts Favor as Rates Drop
High-yield dividend stocks are returning to the spotlight as interest rates descend from record highs following the Federal Reserve's recent 50-basis-point rate cut. With analysts increasingly bullish...
Trade Tracker: Stephanie Link sells Schwab and buys more Truist
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to break down her latest portfolio moves.
Truist announces third-quarter 2024 earnings call details
CHARLOTTE, N.C. , Sept. 30, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report third-quarter 2024 financial results before the market opens on Thursday, October 17, 2024.
Truist Foundation increases Hurricane Helene relief, recovery support to $1 million
Funds will support information technology, infrastructure restoration in most impacted communities, including Western North Carolina CHARLOTTE, N.C. , Sept. 30, 2024 /PRNewswire/ -- Truist Foundation ...
Truist Foundation announces $500,000 grant to support Hurricane Helene relief, recovery efforts across Southeast
Funds will be used to prepare, respond and restore in impacted communities CHARLOTTE, N.C. , Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene travels toward the Florida panhandle, Truist Foundation ...
Truist Foundation announces new Inspire Awards Challenge to drive economic mobility
In collaboration with MIT Solve, Truist Foundation will provide more than $1 million in grants and in-kind services to nonprofits supporting career navigation and workforce development CHARLOTTE, N.C....