- Previous Close
44.15 - Open
43.88 - Bid 43.69 x 1100
- Ask 44.24 x 900
- Day's Range
43.39 - 44.32 - 52 Week Range
26.57 - 44.38 - Volume
7,362,319 - Avg. Volume
7,019,259 - Market Cap (intraday)
58.36B - Beta (5Y Monthly) 1.05
- PE Ratio (TTM)
-- - EPS (TTM)
-5.31 - Earnings Date Jul 22, 2024
- Forward Dividend & Yield 2.08 (4.71%)
- Ex-Dividend Date May 9, 2024
- 1y Target Est
45.79
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.com41,368
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: TFC
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Performance Overview: TFC
Trailing total returns as of 7/24/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: TFC
View MoreValuation Measures
Market Cap
59.08B
Enterprise Value
--
Trailing P/E
--
Forward P/E
13.14
PEG Ratio (5yr expected)
2.69
Price/Sales (ttm)
4.06
Price/Book (mrq)
1.03
Enterprise Value/Revenue
8.49
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
-12.74%
Return on Assets (ttm)
-1.19%
Return on Equity (ttm)
-10.04%
Revenue (ttm)
14.23B
Net Income Avi to Common (ttm)
-6.81B
Diluted EPS (ttm)
-5.31
Balance Sheet and Cash Flow
Total Cash (mrq)
48.78B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: TFC
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Research Reports: TFC
View MoreRaising target following 2Q results
Truist Financial was formed through the December 2019 merger of equals between BB&T Corp. and SunTrust Banks. The combined company has about $520 billion in assets and ranks as the sixth-largest bank for both assets and deposits in the U.S.
RatingPrice TargetWe've highlighted cautious insider-sentiment for several months now, but also
We've highlighted cautious insider-sentiment for several months now, but also noted that selling by insiders into a consistently rising market is not unusual. So while 'caution' has been our word of choice, we haven't called for a major equity correction. More recently, volatility has spiked in the form of rotation from semiconductors to almost anything else, a belief that the Fed will indeed cut rates in September, the attempted assassination of Donald Trump, a massive IT breakdown that crippled many global entities, and the suspension of Joe Biden's presidential campaign. There are indeed many reasons to feel some uncertainty -- and in keeping with that, the weekly insider-sentiment data from Vickers Stock Research has pushed deeply into bearish territory. But one week is not a trend, and the current data is built on low transaction volume because of trading restrictions during earnings season. So while we're still not ready to ring any alarms -- and might even call any reset in stocks prices healthy for the long term -- we'll continue to monitor the trading activity of corporate insiders to see if this one-week spike shows signs of growing. On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $335 million sold versus less than $9 million bought, followed by Financials ($73 million sold). Meanwhile, buying outpaced selling in Energy and Real Estate. This week, analysts at Vickers highlighted insider transactions of interest at Morgan Stanley (NYSE: MS) and AutoNation Inc. (NYSE: AN
Truist Earnings: After Insurance Business Sale and Stronger Capital Ratios, Repurchases Are Resuming
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments.
RatingPrice TargetTruist's Sale of Insurance Business Accelerates Balance-Sheet Repositioning and Capital Accumulation
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments.
RatingPrice Target