Truist Financial Corporation (TFC)
| Market Cap | 44.39B |
| Revenue (ttm) | 22.26B |
| Net Income (ttm) | 5.93B |
| Shares Out | 1.33B |
| EPS (ttm) | 4.43 |
| PE Ratio | 7.54 |
| Forward PE | 7.89 |
| Dividend | $2.04 (6.10%) |
| Ex-Dividend Date | Feb 9, 2023 |
| Volume | 11,415,411 |
| Open | 33.05 |
| Previous Close | 33.08 |
| Day's Range | 32.93 - 33.76 |
| 52-Week Range | 28.70 - 61.10 |
| Beta | 1.10 |
| Analysts | Hold |
| Price Target | 52.88 (+58.23%) |
| Earnings Date | Apr 20, 2023 |
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]
Financial Performance
In 2022, TFC's revenue was $22.26 billion, a decrease of -3.68% compared to the previous year's $23.11 billion. Earnings were $5.93 billion, a decrease of -1.76%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for TFC stock is "Hold." The 12-month stock price forecast is $52.88, which is an increase of 58.23% from the latest price.
News
Truist announces first-quarter 2023 earnings call details
CHARLOTTE, N.C. , March 28, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report first-quarter 2023 financial results before the market opens on Thursday, April 20, 2023.
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Strength Seen in Truist Financial Corporation (TFC): Can Its 9.0% Jump Turn into More Strength?
Truist Financial Corporation (TFC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into furthe...
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Depositor protection still lacks codification, says NYT's Kate Kelly
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Truist Names Tom Hackett to Head Investment Banking Arm
Banking giant Truist has appointed a new CEO for its corporate/investment banking arm. Tom Hackett, currently serving as chief operating officer of Truist Securities, will become CEO beginning March 3...
Bank Stock Crash Intensifies: Losses Top $165 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny
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Tom Hackett named chief executive officer of Truist Securities
Hackett succeeds John Gregg, who will retire ATLANTA , March 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that John Gregg will retire, and that Tom Hackett has bee...
Truist Foundation leads the way with $5M commitment to the American Red Cross to grow disaster response capacity
Leading corporate investment aims to inspire other partners; will help the Red Cross alleviate growing impacts of natural disasters on America's most vulnerable communities WASHINGTON , March 7, 2023 ...