Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
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$0 - $0
52-Week Range$26.57 - $45.31
Previous Close$42.32
Volume12.83M
Average Volume (3M)7.73M
Market Cap
$56.67B
Enterprise Value$114.10B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$57.43B
Price to Earnings (P/E)―
Beta1.22
Next Earnings
Oct 17, 2024EPS Estimate
$0.91Last Dividend Ex-Date
Aug 09, 2024Dividend Yield4.91%
Share Statistics
EPS (TTM)-1.65
Shares Outstanding1,339,143,439
10 Day Avg. Volume9,051,021
30 Day Avg. Volume7,728,752
Standard Deviation0.10
R-Squared0.33
Alpha-0.00563
Financial Highlights & Ratios
Price to Book (P/B)0.99
Price to Sales (P/S)3.91
Price to Cash Flow (P/CF)16.80
P/FCF Ratio3.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.60
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$46.81Price Target Upside10.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Truist Financial News
PremiumPre-Earnings
Is TFC a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Capital PositionThe company ended the quarter with a CET1 capital ratio of 11.6%, boosted by the sale of the insurance business and organic capital growth.
EarningsHigher net interest income, lower expenses, and lower credit costs drove earnings per share to top estimates.
Growth PotentialTFC's deposits are in the Southeast, which has a stronger economic growth outlook than the aggregate continental US.
Bears Say
Corporate GovernanceTFC's decision to grant 2 top execs a special bonus related to the insurance sale raises corporate governance questions.
Financial PerformanceConsensus expectations for TFC's revenue growth of approximately 4% to 5% fall below the Mid-Cap Bank average of around 6%.
Loan GrowthLoan growth environment remains stagnant despite TFC’s improved capital positioning.
---
Ownership Overview
0.88% Insiders
27.89% Mutual Funds
38.97% Other Institutional Investors
32.25% 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 $26.57 and its highest was $45.31 in the past 12 months.
What is Truist Financial’s market cap?
Currently, no data Available
When is Truist Financial’s upcoming earnings report date?
Truist Financial’s upcoming earnings report date is Oct 17, 2024 which is 15 days ago.
How were Truist Financial’s earnings last quarter?
Truist Financial released its earnings results on Jul 22, 2024. The company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.658 by -$0.038.
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 $0.52 which represents an annual dividend yield of 4.91%. See more information on Truist Financial dividends here
What is Truist Financial’s EPS estimate?
Truist Financial’s EPS estimate is $0.91.
How many shares outstanding does Truist Financial have?
Truist Financial has 1,339,143,400 shares outstanding.
What happened to Truist Financial’s price movement after its last earnings report?
Truist Financial reported an EPS of $0.62 in its last earnings report, missing expectations of $0.658. Following the earnings report the stock price went up 3.247%.
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 2B.
---
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:
$46.81 (10.61% Upside)
$46.81 (10.61% Upside)
Blogger Sentiment
Bullish
TFC Sentiment 94%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.00%
12-Months-Change
Fundamentals
Return on Equity
-10.53%
Trailing 12-Months
Asset Growth
-6.26%
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
Q2 2024
0:00 / 0:00
---
TFC Stock 12 Month Forecast
Average Price Target
$46.81
▲(10.61% Upside)
Technical Analysis
Best Analysts Covering TFC
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+0.52%
reiterated a buy rating 2 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 +0.52% per trade.
---