Truist Financial Corp. (TFC)
| Market Cap | 77.29B |
| Revenue (ttm) | 20.37B |
| Net Income (ttm) | 4.18B |
| Shares Out | 1.35B |
| EPS (ttm) | 3.08 |
| PE Ratio | 19.06 |
| Forward PE | 14.06 |
| Dividend | $1.80 |
| Dividend Yield | 3.07% |
| Trading Day | March 5 |
| Last Price | $58.72 |
| Previous Close | $57.38 |
| Change ($) | 1.34 |
| Change (%) | 2.34% |
| Day's Open | 59.02 |
| Day's Range | 56.83 - 59.22 |
| Day's Volume | 6,149,004 |
| 52-Week Range | 23.00 - 61.26 |
CHARLOTTE, N.C., March 2, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) demonstrated its commitment to corporate social responsibility by issuing its first social bond of $1.25...
CHARLOTTE, N.C., Feb. 26, 2021 /PRNewswire/ -- SunTrust Real Estate Investment Corporation, an indirect subsidiary of Truist Bank, today announced it will redeem all 1,000 outstanding shares o...
Lower provisions & rise in fee income aid FDIC-insured banks' Q4 earnings. Driven by these factors, big banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC) & Truist Financial (T...
Truist Financial Corporation (TFC) reported earnings 30 days ago. What's next for the stock?
CHARLOTTE, N.C., Feb. 19, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that President and Chief Operating Officer William H. Rogers, Jr., will speak at the Cre...
Rising bond yields mean more profits for regional banks. Gain exposure to the group with these two industry-themed ETFs.
Diamond Hill Capital (Trades, Portfolio) recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.
Truist Financial has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a staggering $8.58B worth of stock held by ETFs
Value investors could be interested in the three securities listed below, as they yield low forward price-earnings ratios compared to the S&P 500's historical average of 15. The projections of...
Equity analysts are bullish on TFC. The valuation is low and the dividend yield is 3.75%.
Truist had a better quarterly performance in Q4'20 than many of its peers, with only a limited benefit from lower credit costs and a solid 7% pre-provision profit beat. Although management's e...
CHARLOTTE, N.C., Jan. 26, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable ...
The bank's Q4 2020 earnings included an adjusted net income of $1.6 billion. Like other large banks, its provision for credit losses fell as perceived risks from the pandemic ebbed, boosting ...
Despite the ongoing challenges of the pandemic as well as the costs of what has been dubbed “the first large bank merger of the digital age,” Truist Financial announced Thursday (Jan. 21) it h...
CHARLOTTE, N.C., Jan. 21, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem all $1,000,000,000 principal amount outstanding of its 2.90% Senior Notes...
Truist Financial CEO on earnings: Worst is behind us
CNBC's "Closing Bell" team discusses Truist Financial earnings and the company's outlook going into 2021 with Truist CEO Kelly King.
Truist Financial Corporation (TFC) CEO Kelly King on Q4 2020 Results - Earnings Call Transcript
Decline in credit costs and rise in revenues support Truist Financial's (TFC) Q4 earnings amid disappointing loan demand and lower rates.
Shares of Truist Financial (NYSE:TFC) rose 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 5.36% over the past year to $1.18, which ...
CHARLOTTE, N.C., Jan. 21, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter of 2020. Net income available to common shareholders was ...
CHARLOTTE, N.C., Jan. 20, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that it will redeem all outstanding shares of its 5.200% Series F Non-Cumulative Perpetu...
Truist (TFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
After a torrid but resilient 2020, let's see what's in store for major banks like JPMorgan (JPM), Citi (C), BofA (BAC), Wells Fargo (WFC), PNC Financial (PNC), Truist Financial (TFC) & U.S. Ba...
Weak lending scenario and low rates are expected to have hurt Truist Financial's (TFC) Q4 earnings despite some support from certain fee income components.
Truist Financial (TFC) sells institutional 401(k) investment advisory services business to OneDigital, and signs deal to sell institutional 401(k) recordkeeping businesses to Ascensus and Empo...
U.S. Bancorp (USB), JPMorgan (JPM), Wells Fargo (WFC), Truist (TFC) & Fifth Third (FITB) continue with their business restructuring activities. Also, Bank OZK (OZK) announces a quarterly divid...
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CHARLOTTE, N.C., Dec. 23, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced increased capital flexibility following the release of the second round of bank stress t...
Banks are still relevant: Truist financial CEO
Financials have rallied by 18 percent. Regional banks are standing out in the sector, and have seen a flurry of consolidation since October, including this week's merger of Huntington Bancshar...
CHARLOTTE, N.C., Dec. 15, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem on January 1, 2021, all $1,000,000,000 principal amount outstanding of it...
Over the past five trading days, JPMorgan (JPM) and Citigroup (C) issued their outlooks. Wells Fargo (WFC) & Truist's (TFC) restructuring efforts continue.
Truist Insurance, the indirect subsidiary of Truist Financial (TFC) acquires Wellington.
Low rates and soft loan demand hurt FDIC-insured banks' Q3 earnings. Yet, big names like JPMorgan (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC) and Truist Financial (TFC) get ...
All banks are anticipating loan losses due to the pandemic, but the regional players appear more exposed to those risks than both their larger and smaller peers.
When the market blew up during the great financial crisis of 2007–2009, the banks and brokerage stocks were ostensibly part of the reason for the collapse as they had aided and abetted the mor...
In this article you are going to find out whether hedge funds think Truist Financial Corporation (NYSE:TFC) is a good investment right now. We like to check what the smart money thinks first b...
Investors can use the Earnings Power Value (EPV) metric to assess whether or not a stock is fairly priced by the market.
SAN FRANCISCO--(BUSINESS WIRE)--Edgar, Dunn & Company (EDC), an independent, global strategy consulting firm specialising in payments and digital financial services, today announced and welcom...
CHARLOTTE, N.C., Oct. 27, 2020 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable ...
Truist was created from a recent mega-merger and trades at less than book value despite sound and improving fundamentals. The regional bank maintains more than $500 billion in assets, has a $5...
In a quarter where a few peers have already posted high single-digit to double-digit PPOP beats, Truist's in-line performance leaves a bit to be desired.
Net income spiked 45%, but expenses increase on restructuring
Truist Financial Corporation (TFC) CEO Kelly King on Q3 2020 Results - Earnings Call Transcript
Truist Financial (TFC) witnesses a fall in revenues in third-quarter 2020. Also, provisions decline from the previous quarter.
CHARLOTTE, N.C., Oct. 15, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the third quarter of 2020. Net income available to common shareholders was $...
CHARLOTTE, N.C., Oct. 14, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Chairman and Chief Executive Officer Kelly S. King will speak at a virtual Moody's Banki...
Truist Financial (TFC) is expected to have witnessed a decline in interest income in the third quarter because of muted loan growth as well as low interest rates.
When the market blew up during the great financial crisis of 2007 to 2009, the bank and brokerage stocks were in part ostensibly the reason for the collapse, as they had aided and abetted the ...
TFC Financial's (TFC) modest top-line growth and a robust balance-sheet position bode well amid the near-zero interest rates and economic slowdown.
CHARLOTTE, N.C., Sept. 16, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the launch of Truist Ventures, a corporate venture capital division created by integrat...
About TFC
Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals 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 ... [Read more...]
| Industry Banks-Regional | Founded 1872 |
| CEO Kelly Stuart King | Employees 52,294 |
| Stock Exchange NYSE | Ticker Symbol TFC |
Financial Performance
In 2020, TFC's revenue was $20.37 billion, an increase of 70.42% compared to the previous year's $11.95 billion. Earnings were $4.48 billion, an increase of 39.02%.
Analyst Forecasts
According to 24 analysts, the average rating for TFC stock is "Buy." The 12-month stock price forecast is 57.38, which is a decrease of -2.28% from the latest price.