TFC - Truist Financial Corporation

NYSE - NYSE Delayed Price. Currency in USD
35.20
+1.59 (+4.73%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Momentum

Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close33.61
Open33.61
Bid0.00 x 800
Ask0.00 x 1200
Day's Range33.61 - 35.26
52 Week Range24.01 - 56.92
Volume4,393,163
Avg. Volume6,779,942
Market Cap47.433B
Beta (5Y Monthly)1.46
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateJul 16, 2020
Forward Dividend & Yield1.80 (5.36%)
Ex-Dividend DateMay 14, 2020
1y Target Est43.10
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
19% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Earnings season kicks off with big banks, Netflix: What to know in the week ahead
    Yahoo Finance

    Earnings season kicks off with big banks, Netflix: What to know in the week ahead

    Market participants are bracing for the start of what will likely be the weakest corporate earnings season since the global financial crisis, as the coronavirus pandemic and measures to contain it hit business activity especially hard in the second quarter.

  • Did Hedge Funds Make The Right Call On Truist Financial Corporation (TFC) ?
    Insider Monkey

    Did Hedge Funds Make The Right Call On Truist Financial Corporation (TFC) ?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Big banks set for worst financial quarter since financial crisis
    Yahoo Finance Video

    Big banks set for worst financial quarter since financial crisis

    As big banks gear up for earnings season, many investors are anticipating the worst quarter for the banks since the financial crisis. Yahoo Finance’s Brian Cheung joins The Final Round panel to break down the details.

  • Why These 'Top 10' Bank Stocks Have Fallen More Than 30% in 2020
    Motley Fool

    Why These 'Top 10' Bank Stocks Have Fallen More Than 30% in 2020

    Many bank stocks, including some of the largest U.S. banks by asset value, lost more than 30% of their value during the first half of 2020. During that time, Truist's shares were down by 33.3%, PNC's share price fell 34.1%, and U.S. Bancorp's shares tumbled 37.9%, according to data provided by S&P Global Market Intelligence.

  • Square Rally Sends Valuation Into Ranks of Biggest U.S. Banks
    Bloomberg

    Square Rally Sends Valuation Into Ranks of Biggest U.S. Banks

    (Bloomberg) -- A rally in the shares of Square Inc. over the past few months has pushed the market valuation of the digital-payment company into the ranks of some of the biggest U.S. banks.Square has a market capitalization of about $55 billion after doubling since May, making it worth more than Truist Financial Corp. and all but four banks in the KBW Bank Index. While it’s still dwarfed by JPMorgan Chase & Co. and Bank of America Corp., Square is less than $20 billion shy of Goldman Sachs Group Inc.’s market valuation, which stands at $74 billion.Square shares have continued to set records in recent weeks as optimism swells over the growth of digital payments, and as the coronavirus pandemic changes consumer and corporate spending behavior.The San Francisco-based company has benefited in particular from positive sentiment about its popular cash app, its handling of pandemic-related government stimulus payments and its ability to garner deposits from traditional banks with fewer digital offerings.Technology stocks have soared this year, while banks have sunk. The tech-heavy Nasdaq 100 Index has gained 21% and the KBW Bank Index has fallen 35%.Square rallied as much as 13% on Monday after an analyst suggested it could eventually win as much as 20% of U.S. direct deposit accounts.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Which Major Banks Will Maintain Their Dividends?
    Motley Fool

    Which Major Banks Will Maintain Their Dividends?

    Several more major U.S. banks have decided to hold their dividends steady for the third quarter, but others not yet revealed their plans following the Federal Reserve's release of the initial results of its annual bank stress tests.

  • Moore-Wright Joins Truist Executive Leadership Team
    PR Newswire

    Moore-Wright Joins Truist Executive Leadership Team

    Truist Financial Corporation (NYSE: TFC) announced today that Chief Human Resources Officer Kimberly Moore-Wright has been named to the Truist Executive Leadership team, effectively immediately. Moore-Wright will help drive and deliver on Truist's purpose, mission and values for its 58,000 teammates, overseeing the organization's recruiting, retention and promotion practices, as well as meeting the evolving needs of a multigenerational and diverse workforce.

  • Truist Releases Results of its Company-Run DFAST Stress Test, Receives Preliminary Stress Capital Buffer
    PR Newswire

    Truist Releases Results of its Company-Run DFAST Stress Test, Receives Preliminary Stress Capital Buffer

    Truist Financial Corporation (NYSE: TFC) ("Truist" or "the Company") today released the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve") and the Federal Deposit Insurance Corporation under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results of Truist's annual company-run stress test are available at https://IR.Truist.com/other-filings.

  • BB&T Insurance Holdings Rebrands as Truist Insurance Holdings
    PR Newswire

    BB&T Insurance Holdings Rebrands as Truist Insurance Holdings

    BB&T; Insurance Holdings, Inc., a subsidiary of Truist Bank, today announced that it is now doing business as Truist Insurance Holdings, Inc.

  • Truist Announces Second-Quarter 2020 Earnings Conference Call Details
    PR Newswire

    Truist Announces Second-Quarter 2020 Earnings Conference Call Details

    As previously announced, Truist Financial Corporation (NYSE: TFC) will report its second-quarter 2020 financial results before the market opens on Thursday, July 16, 2020. Chairman and Chief Executive Officer Kelly S. King and Chief Financial Officer Daryl N. Bible will host a conference call to review the company's financial results at 8:00 a.m. Eastern Time.

  • BB&T now Truist Named No. 1 Mobile Banking App Among National U.S. Banks by J.D. Power
    PR Newswire

    BB&T now Truist Named No. 1 Mobile Banking App Among National U.S. Banks by J.D. Power

    Truist Financial Corporation (NYSE: TFC) today announced that BB&T; now Truist has earned the number one ranking in the J.D. Power 2020 U.S. Banking Mobile App Satisfaction Study SM among national U.S. banks. After evaluating the ten largest U.S. national banks mobile banking apps, U by BB&T; now Truist's mobile banking app rose to the top spot in customer satisfaction – with top performance in the information/content and speed factors - for the first time leading this category against larger, national competitors.

  • Is Truist Financial Corporation (TFC) A Good Stock To Buy?
    Insider Monkey

    Is Truist Financial Corporation (TFC) A Good Stock To Buy?

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • Truist to Participate in the Morgan Stanley Virtual US Financials Conference
    PR Newswire

    Truist to Participate in the Morgan Stanley Virtual US Financials Conference

    Truist Financial Corporation (NYSE: TFC) today announced Chairman and Chief Executive Officer Kelly S. King will speak at the Morgan Stanley Virtual US Financials Conference on Tuesday, June 9, 2020, at 11:00 am ET.

  • Reuters

    RPT-Crisis-hit Wall Street checks in to Zandi's "impairment studio"

    When Wall Street doesn't know where the world economy is heading, it books a session at Mark Zandi's "impairment studio". Faced with a pandemic-fueled recession with few historical comparisons and a new accounting rule requiring lenders to total up expected losses even before borrowers default, scores of U.S. banks are relying on forecasts from Zandi, the chief economist of Moody's Analytics, to help with their calculations. "It feels like we're in the center of the universe," Zandi, 61, told Reuters.

  • Reuters

    Crisis-hit Wall Street checks in to Zandi's "impairment studio"

    When Wall Street doesn't know where the world economy is heading, it books a session at Mark Zandi's "impairment studio". Faced with a pandemic-fueled recession with few historical comparisons and a new accounting rule requiring lenders to total up expected losses even before borrowers default, scores of U.S. banks are relying on forecasts from Zandi, the chief economist of Moody's Analytics, to help with their calculations. "It feels like we're in the center of the universe," Zandi, 61, told Reuters.

  • Truist Doubles its Commitment to COVID-19 Relief Efforts, Totaling $50 Million
    PR Newswire

    Truist Doubles its Commitment to COVID-19 Relief Efforts, Totaling $50 Million

    Truist Financial Corporation (NYSE: TFC) today announced it will commit an additional $25 million philanthropic pledge as part of its Truist Cares initiative, now totaling $50 million. The financial services company launched Truist Cares* earlier this year in response to the COVID-19 pandemic to meet the immediate and long-term needs of communities, clients and teammates. This additional funding will target underserved community segments, providing resources for small businesses and essential technology services in areas with limited access.

  • Truist Announces Redemption of Fixed Rate Senior Notes
    PR Newswire

    Truist Announces Redemption of Fixed Rate Senior Notes

    Truist Financial Corporation (NYSE: TFC) today announced the redemption on May 29, 2020, of all of its outstanding 2.625% Series E (Senior) Medium-Term Notes due June 29, 2020 (CUSIP No. 05531FAU7). The redemption price for the Notes will be equal to 100% of their principal amount plus accrued and unpaid interest to, but excluding, the redemption date.

  • Truist Empowers 1 Million High School Students with Financial Foundations Program
    PR Newswire

    Truist Empowers 1 Million High School Students with Financial Foundations Program

    Truist Financial Corporation (NYSE: TFC) today announced that Truist Financial Foundations, its digital financial education program, has reached more than 1 million high school learners across 15 states and Washington, D.C. Since 2010, these online lessons have empowered high school students with the knowledge and skills to confidently navigate the modern financial world. Truist Financial Foundations is powered and delivered to schools by EVERFI, the leading social impact education innovator.

  • Truist to Present at the Barclays Americas Select Franchise Conference
    PR Newswire

    Truist to Present at the Barclays Americas Select Franchise Conference

    Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Kelly S. King and Chief Financial Officer Daryl N. Bible will present at the Barclays Americas Select Franchise Conference held virtually on Thursday, May 14, 2020, at 10:00 a.m. ET.

  • Were Hedge Funds Right About Truist Financial Corporation (TFC)?
    Insider Monkey

    Were Hedge Funds Right About Truist Financial Corporation (TFC)?

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • Truist Declares Quarterly Stock Dividends
    PR Newswire

    Truist Declares Quarterly Stock Dividends

    The Board of Directors of Truist Financial Corporation declared a regular quarterly cash dividend of $0.45 per common share, payable on June 1, 2020, to shareholders of record at the close of business on May 15, 2020. Truist has paid a cash dividend to shareholders of its common stock every year since 1903.

  • California investor buys Publix property on U.S. 280 corridor
    American City Business Journals

    California investor buys Publix property on U.S. 280 corridor

    The developer that built the Publix Super Market at Tattersall Park has sold the property to a California commercial real estate investment firm. Shelby County public records show United American Properties and its affiliate UAP-Jamboree LLC acquired the Publix-anchored shopping center for $18.3 million, or about $318.33 per square foot. The purchasing entity is registered to John Young of United American Properties in Newport Beach, California.

  • Truist Bank Announces Redemption of Senior Notes due June 2020
    PR Newswire

    Truist Bank Announces Redemption of Senior Notes due June 2020

    Truist Bank today announced the redemption on May 1, 2020, of all of its outstanding 2.250% Senior Notes due June 1, 2020 (CUSIP No. 07330NAR6) and Floating Rate Senior Notes due June 1, 2020 (CUSIP No. 07330NAS4). The redemption price for the Senior Notes will be equal to 100% of the principal amount of the Senior Notes (par), plus accrued and unpaid interest thereon to, but excluding, the redemption date of May 1, 2020.

  • Truist Financial execs talk cost cuts, ongoing integration and COVID-19 crisis
    American City Business Journals

    Truist Financial execs talk cost cuts, ongoing integration and COVID-19 crisis

    The Charlotte-based bank is in a tricky balancing act — continue integrating two companies while also navigating a global pandemic.

  • Truist Financial tops analysts' expectations despite hit from merger costs, COVID-19 impact
    American City Business Journals

    Truist Financial tops analysts' expectations despite hit from merger costs, COVID-19 impact

    The Charlotte-based bank beat analysts' expectations in its first-quarter earnings report released Monday morning. Results were impacted, however, by adjustments related to the novel coronavirus.