Truist Financial Corporation (TFC)
| Market Cap | 54.82B |
| Revenue (ttm) | 11.41B |
| Net Income (ttm) | 4.47B |
| Shares Out | 1.31B |
| EPS (ttm) | 3.35 |
| PE Ratio | 12.52 |
| Forward PE | 10.38 |
| Dividend | $2.08 (4.95%) |
| Ex-Dividend Date | Feb 14, 2025 |
| Volume | 7,104,984 |
| Open | 42.24 |
| Previous Close | 42.15 |
| Day's Range | 41.93 - 42.43 |
| 52-Week Range | 35.09 - 49.06 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 49.92 (+18.86%) |
| Earnings Date | Apr 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 $49.92, which is an increase of 18.86% from the latest price.
News
Truist Securities strengthens its biotech equity research coverage
Danielle Brill joins firm's growing sales, trading, and research team ATLANTA , March 25, 2025 /PRNewswire/ -- Truist Securities announced today that Danielle Brill has joined the firm as managing dir...
Truist announces first-quarter 2025 earnings call details
CHARLOTTE, N.C. , March 20, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report first-quarter 2025 financial results before the market opens on Thursday, April 17, 2025.
Buy 7 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB "Safer" dividend stocks, including Altria, Verizon, and Conagra, meet the dogcatcher ideal of dividends from $1000 invested exceeding single share prices. Analysts p...
Truist: True Rewards Come With Risks
Truist Financial Corporation shows improved topline growth after repositioning its investment portfolio. TFC maintains good liquidity, asset quality, and impressive capital adequacy, ensuring financia...
Truist to speak at the RBC Capital Markets Global Financial Institutions Conference
CHARLOTTE, N.C. , Feb. 20, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at the RBC Capital Markets Global Financia...
Buy 5 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
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 Financial Corporation (TFC) Bank of America Securities Financial Services Conference (Transcript)
Truist Financial Corporation (NYSE:TFC) Bank of America Securities Financial Services Conference February 12, 2025 11:20 AM ET Company Participants Kristin Lesher - Chief of Wholesale Banking Confere...
Truist Financial Corporation (TFC) UBS Financial Services Conference (Transcript)
Truist Financial Corporation (NYSE:TFC) UBS Financial Services Conference February 11, 2025 1:00 PM ET Company Participants Mike Maguire - Chief Financial Officer Conference Call Participants Erika N...
Truist to speak at the BofA Securities Financial Services Conference
CHARLOTTE, N.C. , Feb. 3, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Wholesale Banking Officer Kristin Lesher will speak at the BofA Securities Financial ...
Truist to speak at the UBS Financial Services Conference
CHARLOTTE, N.C. , Jan. 31, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at the UBS Financial Services Conference o...
Truist declares common and preferred stock dividends
CHARLOTTE, N.C. , Jan. 28, 2025 /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 Mar....
Sheffield Financial and Scarab launch new nationwide retail financing partnership
WINSTON-SALEM, N.C. , Jan. 21, 2025 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank and a leader in fast, flexible retail financing, is excited to announce a new national partnership wi...
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...