Truist Financial Appoints Jonathan Pruzan to Board

Truist Financial ( (TFC) ) just unveiled an announcement.

On May 27, 2025, Truist Financial Corporation appointed Jonathan Pruzan as a director of the company and a member of the Board of Directors of its subsidiary, Truist Bank. Pruzan, who brings 35 years of financial services experience, will serve on the Joint Risk Committee of the Boards. His extensive background includes roles at Morgan Stanley and Pretium, providing him with a wealth of knowledge in technology, operations, finance, and corporate strategy, which is expected to benefit Truist’s strategic direction and operations.

The most recent analyst rating on (TFC) stock is a Hold with a $48.00 price target. To see the full list of analyst forecasts on Truist Financial stock, see the TFC Stock Forecast page.

Spark’s Take on TFC Stock

According to Spark, TipRanks’ AI Analyst, TFC is a Neutral.

Truist Financial’s overall stock score reflects a company facing mixed financial signals. While there is some recovery in revenue and net income, operational inefficiencies and high leverage present significant challenges. The technical analysis suggests bearish momentum, while the valuation appears attractive due to a low P/E ratio and high dividend yield. The earnings call provides a balanced view with growth in loans and deposits but a reduced revenue outlook due to economic uncertainties. Overall, the stock presents a cautious investment opportunity with potential for income generation but requires careful monitoring of operational improvements and market conditions.

To see Spark’s full report on TFC stock, click here.

More about Truist Financial

Truist Financial Corporation is a purpose-driven financial services company headquartered in Charlotte, North Carolina. It holds a leading market share in many high-growth markets in the U.S. and offers a wide range of products and services through its wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. As of March 31, 2025, Truist is a top-10 commercial bank with total assets of $536 billion.

Average Trading Volume: 10,450,513

Technical Sentiment Signal: Buy

Current Market Cap: $52.42B

See more insights into TFC stock on TipRanks’ Stock Analysis page.