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Truist Financial Corp. (TFC)

Stock Price: $39.50 USD 0.68 (1.75%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 53.23B
Revenue (ttm) 16.09B
Net Income (ttm) 3.56B
Shares Out 1.35B
EPS (ttm) n/a
PE Ratio n/a
Forward PE 13.91
Dividend $1.80
Dividend Yield 4.56%

Stock Quote

Trading Day Aug 14, 2020
Last Price $39.50
Previous Close $38.82
Change ($) 0.68
Change (%) 1.75%
Day's Open 38.50
Day's Range 38.30 - 39.95
Day's Volume 3,620,217
52-Week Range 24.01 - 56.92

More Stats

Market Cap 53.23B
Enterprise Value 59.87B
Earnings Date (est) Oct 15, 2020
Ex-Dividend Date Aug 13, 2020
Shares Outstanding 1.35B
Float 1.34B
EPS (basic) n/a
EPS (diluted) n/a
FCF / Share 3.97
Dividend $1.80
Dividend Yield 4.56%
Earnings Yield n/a
FCF Yield 10.05%
Payout Ratio n/a
Shares Short 10.44M
Short Ratio 2.10
Short % of Float 0.78%
Beta 1.43
PE Ratio n/a
Forward PE 13.91
P/FCF Ratio 9.95
PS Ratio 3.31
PB Ratio 0.85
Revenue 16.09B
Operating Income 4.60B
Net Income 3.56B
Free Cash Flow 5.35B
Net Cash -6.64B
Net Cash / Share -4.92
Gross Margin 74.31%
Operating Margin 28.57%
Profit Margin 20.70%
FCF Margin 33.25%
ROA 0.97%
ROE 7.10%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (25)

Buy 13
Overweight 3
Hold 9
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$43.70*
(10.63% upside)
Low
35.6
Current: $39.50
High
52.0
Target: 43.70
*Average 12-month price target from 23 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue11,95310,99210,77010,2219,1838,9799,0608,6207,4306,639
Revenue Growth8.74%2.06%5.37%11.3%2.27%-0.89%5.1%16.02%11.91%-
Gross Profit11,95310,99210,77010,2219,1838,9799,0608,6207,4306,639
Operating Income4,0194,0603,7183,4993,0893,2493,2832,7941,628969
Net Income3,2243,2372,3942,4262,0842,1311,6801,9791,289816
Shares Outstanding805773799805748718703699697692
Earnings Per Share3.713.912.742.772.562.722.192.701.831.16
EPS Growth-5.12%42.7%-1.08%8.2%-5.88%24.2%-18.89%47.54%57.76%-
Dividend Per Share1.711.561.261.151.050.951.120.760.640.60
Dividend Growth9.62%23.81%9.57%9.52%10.53%-15.18%47.37%18.75%6.67%-
Operating Cash Flow1,5204,3494,6353,1153,1313,2105,3083,7144,2762,898
Capital Expenditures----------428
Free Cash Flow1,5204,3494,6353,1153,1313,2105,3083,7144,2762,470
Cash & Equivalents19,0653,8443,0834,4244,0142,5422,4393,6674,2282,367
Total Debt59,55728,88728,58623,37127,36227,02925,63121,97825,36927,403
Net Cash / Debt-40,492-25,043-25,503-18,947-23,348-24,487-23,192-18,311-21,141-25,036
Assets473,078225,697221,642219,276209,947186,834183,010184,499174,579157,081
Liabilities406,520195,519191,947189,350182,607162,457160,201163,276157,099140,583
Book Value66,55830,17829,69529,92627,34024,37722,80921,22317,48016,498
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Truist Financial Corp.
Country United States
Employees 55,769
CEO Kelly S. King

Stock Information

Ticker Symbol TFC
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: TFC

Description

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 retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, commercial middle market lending, floor plan lending, commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides retail and wholesale brokerage, equity and debt underwriting, and investment advice. As of December 31, 2019, the company operated through approximately 2,958 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.