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NYSE - Delayed Quote • USD
37.11 -0.64 (-1.70%)
At close: June 3 at 4:00 PM EDT
37.46 +0.35 (+0.94%)
After hours: June 3 at 7:51 PM EDT
9/21 12:03 PM
| Date | |
| Close | |
| Open | |
| High | |
| Low | |
| Volume | |
- Previous Close 37.75
- Open 38.11
- Bid 37.14 x 1400
- Ask 37.08 x 1100
- Day's Range 36.76 - 38.19
- 52 Week Range 26.57 - 40.51
- Volume 7,330,782
- Avg. Volume 8,144,201
- Market Cap (intraday) 49.657B
- Beta (5Y Monthly) 1.06
- PE Ratio (TTM) --
- EPS (TTM) -1.31
- Earnings Date Jul 18, 2024
- Forward Dividend & Yield 2.08 (5.51%)
- Ex-Dividend Date May 9, 2024
- 1y Target Est 42.90
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 lending; credit card lending; consumer finance; home equity and mortgage lending; other direct retail lending; insurance; investment brokerage; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; small business lending; and wealth management/private banking services. In addition, it offers asset based lending, investment banking and capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, floor plan, mortgage warehouse lending, real estate lending, and supply chain financing services. Further, the company provides insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and advisory services. 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.
www.truist.com
49,218
Full Time Employees
December 31
Fiscal Year Ends
Financial Services
Sector
Banks - Regional
Industry
More about Truist Financial Corporation
Recent News: TFC
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Corporate Changes & Voting Matters
Periodic Financial Reports
Tender Offer/Acquisition Reports
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Performance Overview: TFC
Trailing total returns as of 6/3/2024, which may include dividends or other distributions. Benchmark is .
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Statistics: TFC
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As of 5/31/2024
Market Cap
50.51B
Enterprise Value
--
Trailing P/E
--
Forward P/E
11.35
PEG Ratio (5yr expected)
2.84
Price/Sales (ttm)
2.20
Price/Book (mrq)
0.97
Enterprise Value/Revenue
5.28
Enterprise Value/EBITDA
--
Profitability and Income Statement
Balance Sheet and Cash Flow
View More
Research Analysis: TFC
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FAQs
TFC Stock 12 Month Forecast
Based on 18 Wall Street analysts offering 12 month price targets for Truist Financial in the last 3 months. The average price target is $43.33 with a high forecast of $49.00 and a low forecast of $34.00. The average price target represents a 22.37% change from the last price of $35.41.
Is Truist a buy right now? ›
Truist Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 10 buy ratings, 7 hold ratings, and no sell ratings.
Is Truist financially strong? ›
Truist Financial has total assets of $535.0B and total equity of $59.1B. Total deposits are $394.3B, and total loans are $302.4B. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans.
Is Truist a good bank to invest in? ›
Truist Financial Corporation - Hold
Valuation metrics show that Truist Financial Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors.
What is the TFC stock forecast for 2025? ›
According to analysts, TFC price target is 43.09 USD with a max estimate of 47.00 USD and a min estimate of 34.00 USD.
What is the TFC stock forecast for 2024? ›
According to our current TFC stock forecast, the value of Truist Financial shares will rise by 2.06% and reach $ 37.32 per share by June 24, 2024.
Is TFC a good investment? ›
Out of 16 analysts, 6 (37.5%) are recommending TFC as a Strong Buy, 3 (18.75%) are recommending TFC as a Buy, 7 (43.75%) are recommending TFC as a Hold, 0 (0%) are recommending TFC as a Sell, and 0 (0%) are recommending TFC as a Strong Sell.
Is Truist Bank a stable bank? ›
Additionally, DBRS Morningstar confirmed the ratings of its primary banking subsidiary, Truist Bank (the Bank). The trend for all ratings is Stable. The Intrinsic Assessment (IA) for the Bank is AA, while its Support Assessment remains SA1.
Is Truist at risk? ›
Although all banks bear some risk of failure, Truist is much more solid than the regional banks that collapsed this year. Additionally, with inflation abating and the Federal Reserve slowing or pausing interest rate hikes, the likelihood that Truist will encounter similar stress is rapidly declining.
Why is Truist falling? ›
Truist's net interest income declined 4.2% to $3.43 billion, missing expectations, and net income margin slid 7 basis points (bps). The bank blamed “lower earning assets and higher funding costs.” However, noninterest income jumped 6.1% to $1.45 billion on higher investment banking and trading income.
Truist Bank is also a member of the FDIC, which insures up to $250,000 per account type, per depositor.
Is Truist Financial Dividend safe? ›
GuruFocus ranks Truist Financial Corp's profitability 4 out of 10 as of 2024-03-31, suggesting the dividend may not be sustainable. The company has reported net profit in 9 years out of past 10 years.
What is the stock price prediction for TCF? ›
Average Price Target
Based on 1 Wall Street analysts offering 12 month price targets for Trillion Energy International in the last 3 months. The average price target is C$0.36 with a high forecast of C$0.35 and a low forecast of C$0.35. The average price target represents a 184.29% change from the last price of C$0.13.
How often does TFC pay dividends? ›
Truist Financial Dividend Information
Truist Financial has an annual dividend of $2.08 per share, with a forward yield of 5.87%. The dividend is paid every three months and the last ex-dividend date was May 9, 2024.
What is the book value of TFC stock? ›
As of today, Truist Financial's share price is $35.595. Truist Financial's Book Value per Sharefor the quarter that ended in Mar. 2024 was $38.97.
Is Bank of America a good stock to buy? ›
Rising Earnings Estimates
Given the current challenging operating environment, the company's earnings are expected to decline 5.6% year over year this year. The earnings are then projected to rebound and grow 9.4% in 2025. Further, Bank of America stock currently carries a Zacks Rank #2 (Buy).
