Truist Financial Corp. (TFC)
| Market Cap | 76.55B |
| Revenue (ttm) | 21.09B |
| Net Income (ttm) | 4.53B |
| Shares Out | 1.35B |
| EPS (ttm) | 3.34 |
| PE Ratio | 17.13 |
| Forward PE | 12.89 |
| Dividend | $1.80 |
| Dividend Yield | 3.15% |
| Trading Day | June 15 |
| Last Price | $57.21 |
| Previous Close | $56.69 |
| Change ($) | 0.52 |
| Change (%) | 0.92% |
| Day's Open | 56.98 |
| Day's Range | 56.37 - 57.54 |
| Day's Volume | 4,855,014 |
| 52-Week Range | 32.28 - 62.69 |
CHARLOTTE, N.C., June 15, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report second-quarter 2021 financial results before the market opens on Thursday, July 15, 2021.
CHARLOTTE, N.C., June 8, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced today that Ankur Vyas has been named the new head of Investor Relations, effective immediately, reporting...
CHARLOTTE, N.C., June 7, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Kelly S.
Mike Mayo banks on financials
Mike Mayo, bank analyst for Wells Fargo, discusses his top stock picks in the financial sector.
Negative provisions, higher non-interest income and solid rise in deposit aid FDIC-insured banks' Q1 earnings. Thus, major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC) & Truist Fin...
Truist Insurance Holdings, a Truist Financial (TFC) arm, will acquire insurance distribution platform Constellation Affiliated Partners, which aligns with the company's plans to solidify insurance opera...
CHARLOTTE, N.C., May 24, 2021 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation, announced today that it has signed a definitive agreement with RedBird Capita...
CHARLOTTE, N.C., May 20, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced today the expansion of the Truist Commercial Community Bank's Industry Consulting team, adding waste and ...
NEW YORK--(BUSINESS WIRE)--Today, BlackRock announced that ADP, Best Buy, Self, Truist and Varo have joined their philanthropic Emergency Savings Initiative (ESI) which increases access to low-cost, low...
Strong loan balance, efforts to improve fee income and solid balance sheet will keep supporting Truist Financial (TFC) despite lower rates and elevated expenses.
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CHARLOTTE, N.C., May 11, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Daryl N.
CHARLOTTE, N.C., April 29, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that it will redeem all 18,600 outstanding shares of its 5.625% Series H Non-Cumulative Perpetual...
ATLANTA, April 29, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) and Operation HOPE today announced an expanded, multiyear transformational partnership, including a series of collaborati...
CHARLOTTE, N.C., April 27, 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 on June 1...
CHARLOTTE, N.C., April 19, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem all $250,000,000 principal amount outstanding of its floating rate senior notes du...
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Q1 earnings start on a positive note with banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), U.S. Bancorp (USB) & Truist (TFC) surpassing estimates on reserve releases and solid fee inc...
Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a company report. The earnings per dil...
Robust results from the insurance business and investment banking support Truist Financial's (TFC) Q1 earnings amid low rates and weak loan demand.
Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 5.36% and -0.07%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Truist Financial (NYSE:TFC) moved higher by 0.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 35.63% over the past year to $1.18, whic...
CHARLOTTE, N.C., April 15, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the first quarter of 2021.
Soft loan demand and not so impressive non-interest income performance are expected to have hurt Truist Financial's (TFC) Q1 earnings.
Investment company Selective Wealth Management (Current Portfolio) buys Vanguard Short-Term Bond ETF, Apple Inc, Truist Financial Corp, Microsoft Corp, Chevron Corp, sells Alphabet Inc, Bank OZK, Baidu ...
Truist Financial Corporation (TFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHARLOTTE, N.C., April 7, 2021 /PRNewswire/ -- After a year in which "working from home" began to feel like "living at work," America has undergone a profound shift in its understanding of "home," drivi...
CHARLOTTE, N.C., April 6, 2021 /PRNewswire/ -- Truist received the highest possible overall rating of "Outstanding" from the Federal Deposit Insurance Corporation for its most recent Community Reinvestm...
As interest rates have plunged over the past five years, many income investors have gone to leveraged high-yield funds and emerging market debt funds.
CHARLOTTE, N.C., March 30, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem all $1,250,000,000 principal amount outstanding of its 2.050% senior notes due May...
Fintech Startup Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services
ATLANTA, March 25, 2021 /PRNewswire/ -- Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced it has closed $40 million of Series A funding from s...
WINSTON-SALEM, N.C., March 19, 2021 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank, and Kawasaki Motors Corp., U.S.A.
WINSTON-SALEM, N.C., March 18, 2021 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank, and ICON EV.
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CHARLOTTE, N.C., March 12, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report first-quarter 2021 financial results before the market opens on Thursday, April 15, 2021.
PEMBROKE PINES, Fla., March 4, 2021 /PRNewswire/ -- The EPIC Foundation (EPIC) announces it received a $25,000 grant from Truist Foundation to expand its STEM Programs to high school students aspiring t...
CHARLOTTE, N.C., March 3, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Kelly S. King will speak at the RBC Capital Markets Glob...
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 billion i...
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 of its Seri...
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 (TFC) have s...
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 Credit Suisse...
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 future ea...
Equity analysts are bullish on TFC. The valuation is low and the dividend yield is 3.75%.
About TFC
Truist Financial Corporation, a holding 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; bankcar... [Read more...]
| Industry Banks-Regional | Founded 1872 |
| 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 65.31, which is an increase of 14.16% from the latest price.