NYSE - Nasdaq Real Time Price USD

Truist Financial Corporation (TFC)

36.80 +1.09 (+3.05%)
At close: 4:00 PM EDT
36.80 0.00 (0.00%)
After hours: 7:10 PM EDT
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DELL
  • Previous Close 35.71
  • Open 35.80
  • Bid --
  • Ask --
  • Day's Range 35.65 - 36.84
  • 52 Week Range 25.56 - 39.29
  • Volume 10,115,484
  • Avg. Volume 9,632,687
  • Market Cap (intraday) 49.113B
  • Beta (5Y Monthly) 1.07
  • PE Ratio (TTM) --
  • EPS (TTM) -1.09
  • Earnings Date Apr 22, 2024
  • Forward Dividend & Yield 2.08 (5.82%)
  • Ex-Dividend Date Feb 8, 2024
  • 1y Target Est 41.82

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 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

49,037

Full Time Employees

December 31

Fiscal Year Ends

Recent News: TFC

Performance Overview: TFC

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TFC
1.14%
S&P 500
4.14%

1-Year Return

TFC
16.28%
S&P 500
19.55%

3-Year Return

TFC
26.76%
S&P 500
18.68%

5-Year Return

TFC
7.22%
S&P 500
70.99%

Compare To: TFC

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: TFC

Valuation Measures

As of 4/18/2024
  • Market Cap

    47.66B

  • Enterprise Value

    --

  • Trailing P/E

    --

  • Forward P/E

    10.16

  • PEG Ratio (5yr expected)

    2.54

  • Price/Sales (ttm)

    2.03

  • Price/Book (mrq)

    0.91

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -5.13%

  • Return on Assets (ttm)

    -0.19%

  • Return on Equity (ttm)

    -1.75%

  • Revenue (ttm)

    21.28B

  • Net Income Avi to Common (ttm)

    -1.45B

  • Diluted EPS (ttm)

    -1.09

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    38.31B

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: TFC

Analyst Price Targets

34.00 Low
41.82 Average
36.80 Current
49.00 High
 

Fair Value

Near Fair Value
% Return
36.80 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: TFC

  • Mid Cap U.S. Pick List April 2024

    This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

     
  • Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover

    In this edition, obesity drug's effect on dialysis may be muted; looking at the upcoming commercial real estate cycle; and taking the US economic pulse; and Amcor PLC, Sinopharm Group, and Hennes & Mauritz.

     
  • Mid Cap U.S. Pick List March 2024

    This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

     
  • The Argus High-Yield Model Portfolio

    Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But the tide turned in 2022. The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.

     

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