Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Truist Financial (TFC)
NYSE:TFC
Holding TFC?
Track your performance easily
TFC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$34.23 - $49.06
Previous CloseN/A
Volume1.77M
Average Volume (3M)7.19M
Market Cap
$59.71B
Enterprise Value$118.00B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$21.96B
Price to Earnings (P/E)―
Beta1.24
Next Earnings
Jan 17, 2025EPS Estimate
0.88Last Dividend Ex-Date
Nov 08, 2024Dividend Yield4.58%
Share Statistics
EPS (TTM)-1.46
Shares Outstanding1,327,520,600
10 Day Avg. Volume7,536,445
30 Day Avg. Volume7,193,938
Standard Deviation0.10
R-Squared0.34
Alpha-0.00793
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.33
Price to Cash Flow (P/CF)9.80
P/FCF Ratio4.10
Enterprise Value/Market Cap1.98
Enterprise Value/Revenue8.48
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$51.38Price Target Upside14.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Truist Financial News
Bulls Say, Bears Say
Bulls Say
Capital PositionThe underlying story at TFC skews positive given their strong capital position and presence in attractive markets that are poised to benefit from a rebound in loan demand.
Digital AdvancementsDigital and technological advancements have led to increased digital transactions and reduced costs.
Earnings PerformanceTFC's 3Q24 EPS beat was driven by strong capital markets, core growth in Wealth, better-than-expected expenses, good credit, and an increase in net interest margin.
Bears Say
Financial PerformanceTFC's guidance for 4Q24 includes a revenue decrease of 1.5% and an expense increase of 4% sequentially, along with a higher tax rate.
Market PositionTruist is more dependent on traditional banking for earnings at a time when loan growth is weak, especially on the corporate side.
Strategic OutlookTFC in September lowered their medium-term ROTCE target from low 20s to mid-teens, highlighting the need for more shareholder focus.
---
Ownership Overview
0.17% Insiders
24.29% Mutual Funds
0.56% Other Institutional Investors
53.68% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
TFC FAQ
What was Truist Financial’s price range in the past 12 months?
Truist Financial lowest stock price was $34.23 and its highest was $49.05 in the past 12 months.
What is Truist Financial’s market cap?
Truist Financial’s market cap is $59.71B.
When is Truist Financial’s upcoming earnings report date?
Truist Financial’s upcoming earnings report date is Jan 17, 2025 which is yesterday.
How were Truist Financial’s earnings last quarter?
Truist Financial released its earnings results on Oct 17, 2024. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.912 by $0.078.
Is Truist Financial overvalued?
According to Wall Street analysts Truist Financial’s price is currently Undervalued.
Does Truist Financial pay dividends?
Truist Financial pays a Quarterly dividend of $2.076 which represents an annual dividend yield of 4.58%. See more information on Truist Financial dividends here
What is Truist Financial’s EPS estimate?
Truist Financial’s EPS estimate is 0.88.
How many shares outstanding does Truist Financial have?
Truist Financial has 1,327,520,600 shares outstanding.
What happened to Truist Financial’s price movement after its last earnings report?
Truist Financial reported an EPS of $0.99 in its last earnings report, beating expectations of $0.912. Following the earnings report the stock price went down -3.543%.
Which hedge fund is a major shareholder of Truist Financial?
Among the largest hedge funds holding Truist Financial’s share is Dodge & Cox. It holds Truist Financial’s shares valued at 1B.
---
Truist Financial Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$51.38 (14.23% Upside)
$51.38 (14.23% Upside)
Blogger Sentiment
Bullish
TFC Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 28.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.90%
12-Months-Change
Fundamentals
Return on Equity
-10.11%
Trailing 12-Months
Asset Growth
-3.55%
Trailing 12-Months
Company Description
Truist Financial
Truist Financial Corporation was formed in December 2019 following the merger of BB&T and SunTrust banks. It is the sixth largest commercial bank in the United States. The firm has three operating business segments: Consumer Banking and Wealth (CB&W), Corporate and Commercial Banking (C&CB) and Insurance Holdings (IH). The CB&W unit offers retail community banking, wealth, mortgage banking and dealer retail services. Under the C&CB division, it provides services such as corporate, investment and commercial community banking. The IH segment offers property and casualty insurance, life insurance surety coverage, employee benefits, title insurance, commercial and retail insurance premium finance.
---
TFC Company Deck
---
TFC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a strong quarter with solid earnings, revenue growth, and significant improvements in investment banking income, alongside disciplined expense management and strong digital engagement. However, there are challenges with loan and deposit growth, as well as the impact of natural disasters. The guidance for Q4 indicates expected revenue and earnings decline.Read More>---
TFC Stock 12 Month Forecast
Average Price Target
$51.38
▲(14.23% Upside)
Technical Analysis
Bank of America
―
Wells Fargo
―
US Bancorp
―
PNC Financial
―
Fifth Third Bancorp
―
Regions Financial
―
Best Analysts Covering TFC
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+1.41%
reiterated a buy rating 4 months ago
Copying Terry McEvoy's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +1.41% per trade.
---