AllAnalyst Report
logoMorningstarNovember 09, 2020

Truist Financial Corporation: No Surprises From the FOMC in November, and We Don't Expect Much Excitement for a While

Symbols
TFC
Sector(s)
Financial Services
Rating
Current Price
$38.79
Fair Value
Economic Moat
Stewardship
Summary

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

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Analyst Profile

Eric Compton

Equity Analyst
Eric Compton, CFA, is an equity analyst for Morningstar Research Services LLC, covering the U.S. and Canadian banking sectors, including the U.S. money center banks, U.S. regional banks, and the Big Six Canadian banks.Before joining Morningstar in 2015, Compton was a business analyst for ESIS, a global provider of risk management products and a subsidiary of ACE Group. Compton holds a bachelor's degree in applied health science from Wheaton College. He has passed all three levels of the Chartered Financial Analyst® program and holds the Chartered Financial Analyst® designation.