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Truist Financial (TFC)
NYSE:TFC
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TFC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.78 - $49.06
Previous Close$47.68
Volume4.59M
Average Volume (3M)8.17M
Market Cap
$63.30B
Enterprise Value$120.93B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$57.63B
Price to Earnings (P/E)―
Beta1.24
Next Earnings
Jan 17, 2025EPS Estimate
$0.88Last Dividend Ex-Date
Nov 08, 2024Dividend Yield4.36%
Share Statistics
EPS (TTM)-1.46
Shares Outstanding1,327,520,624
10 Day Avg. Volume8,052,994
30 Day Avg. Volume8,166,251
Standard Deviation0.10
R-Squared0.33
Alpha-0.00748
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)1.04
Price to Sales (P/S)5.18
Price to Cash Flow (P/CF)10.10
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.69
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$49.15Price Target Upside3.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Truist Financial News
Bulls Say, Bears Say
Bulls Say
Capital AllocationExcess capital estimated at $7-8 billion could potentially fund loan growth or buybacks beyond current model projections.
Financial 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.
Market StrategyTFC has a strong go-to-market strategy focusing on deposits, deepening relationships, and digital improvements.
Bears Say
Corporate GovernanceTFC's decision to grant 2 top execs a special bonus related to the insurance sale raises corporate governance questions.
Earnings DependenceTruist is more dependent on traditional banking for earnings at a time when loan growth is weak, especially on the corporate side.
Merger PerformanceThe Truist merger has fallen far short of targets.
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Ownership Overview
0.31% Insiders
23.58% Mutual Funds
17.10% Other Institutional Investors
37.77% 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.
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TFC FAQ
What was Truist Financial’s price range in the past 12 months?
Truist Financial lowest stock price was $32.77 and its highest was $49.05 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 Jan 17, 2025 which is in 22 days.
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 $0.519 which represents an annual dividend yield of 4.36%. 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.
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Truist Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$49.15 (3.08% Upside)
$49.15 (3.08% Upside)
Blogger Sentiment
Bullish
TFC Sentiment 91%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 28.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.25%
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.
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TFC Company Deck
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TFC Earnings Call
Q3 2024
0:00 / 0:00
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TFC Stock 12 Month Forecast
Average Price Target
$49.15
▲(3.08% Upside)
Technical Analysis
Best Analysts Covering TFC
1 Year
1 Year Success Rate
18/26 ratings generated profit
1 Year Average Return
+15.17%
assigned a buy rating last month
Copying Mike Mayo's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +15.17% per trade.
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