Truist Financial (NYSE:TFC.PRO) - Stock Price, News & Analysis

TFC.PRO Stock Overview

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. More details

TFC.PRO fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 27.3% below our estimate of its fair value

Earnings are forecast to grow 57.49% per year

Risk Analysis

Dividend of 4.34% is either not well covered by earnings currently or not forecast to be covered

Truist Financial Corporation Competitors

M&T Bank

NYSE:MTB

US$36.7b

Regions Financial

NYSE:RF

US$24.8b

Huntington Bancshares

NasdaqGS:HBAN

US$26.0b

Citizens Financial Group

NYSE:CFG

US$21.0b

Price History & Performance

Summary of all time highs, changes and price drops for Truist Financial
Historical stock prices
Current Share Price	US$22.96
52 Week High	US$24.83
52 Week Low	US$21.24
Beta	1.03
11 Month Change	-2.71%
3 Month Change	-2.71%
1 Year Change	7.88%
33 Year Change	-15.06%
5 Year Change	n/a
Change since IPO	-7.90%

Recent updates

Shareholder Returns

	TFC.PRO	US Banks	US Market
7D	0.3%	1.8%	2.2%
1Y	7.9%	57.7%	31.6%

Return vs Industry: TFC.PRO underperformed the US Banks industry which returned 57.8% over the past year.

Return vs Market: TFC.PRO underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is TFC.PRO's price volatile compared to industry and market?
TFC.PRO volatility
TFC.PRO Average Weekly Movement	1.8%
Banks Industry Average Movement	5.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: TFC.PRO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TFC.PRO's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1872	49,935	Bill Rogers	www.truist.com

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.

Truist Financial Corporation Fundamentals Summary

How do Truist Financial's earnings and revenue compare to its market cap?
TFC.PRO fundamental statistics
Market cap	US$63.67b
Earnings (TTM)	-US$6.48b
Revenue (TTM)	US$14.50b

1.1x

P/B Ratio

4.4x

P/S Ratio

Is TFC.PRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TFC.PRO income statement (TTM)
Revenue	US$14.50b
Cost of Revenue	US$0
Gross Profit	US$14.50b
Other Expenses	US$20.98b
Earnings	-US$6.48b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 17, 2025

Earnings per share (EPS)	-4.88
Gross Margin	100.00%
Net Profit Margin	-44.69%
Debt/Equity Ratio	90.6%

How did TFC.PRO perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

-43%

Payout Ratio

Does TFC.PRO pay a reliable dividends?

See TFC.PRO dividend history and benchmarks

When do you need to buy TFC.PRO by to receive an upcoming dividend?
Truist Financial dividend dates
Ex Dividend Date	Nov 08 2024
Dividend Pay Date	Dec 02 2024
Days until Ex dividend	17 days
Days until Dividend pay date	7 days

Does TFC.PRO pay a reliable dividends?

See TFC.PRO dividend history and benchmarks

TFC.PRO Stock Overview

Rewards

Risk Analysis

Truist Financial Corporation Competitors

NYSE:MTB

US$36.7b

NYSE:RF

US$24.8b

NasdaqGS:HBAN

US$26.0b

NYSE:CFG

US$21.0b

Price History & Performance

Recent News & Updates

Truist Financial Corporation Announces Executive Changes

Truist Financial Corporation Hires Kerry Jessani as Head of Mid-Corporate Banking

Truist Financial Corporation Declares A Regular Quarterly Cash Dividend, Payable on December 2, 2024

Truist Financial Corporation Unveils Comprehensive Electronic Bill Presentment and Payment Solution to Accelerate Cash Flow and Enhance Client Satisfaction

Truist Financial Corporation to Report Q3, 2024 Results on Oct 17, 2024

Truist Financial Corporation Appoints Steve Hagerman as Chief Information Officer, Effective October 28, 2024

Recent updates

Truist Financial Corporation Announces Executive Changes

Truist Financial Corporation Hires Kerry Jessani as Head of Mid-Corporate Banking

Truist Financial Corporation Declares A Regular Quarterly Cash Dividend, Payable on December 2, 2024

Truist Financial Corporation Unveils Comprehensive Electronic Bill Presentment and Payment Solution to Accelerate Cash Flow and Enhance Client Satisfaction

Truist Financial Corporation to Report Q3, 2024 Results on Oct 17, 2024

Truist Financial Corporation Appoints Steve Hagerman as Chief Information Officer, Effective October 28, 2024

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on September 3, 2024

Guardian Capital LLC completed the acquisition of Sterling Capital Management LLC from Truist Financial Corporation.

Truist Financial Corporation (NYSE:TFC) announces an Equity Buyback for $5,000 million worth of its shares.

Truist Financial Corporation to Report Q2, 2024 Results on Jul 22, 2024

Stone Point Capital LLC, Clayton, Dubilier & Rice, LLC, Mubadala Investment Company PJSC and other co-investors completed the acquisition of remaining stake in Truist Insurance Holdings, LLC from Truist Financial Corporation (NYSE:TFC).

Truist Financial Corporation Launches Truist Life, Money, and Choices Financial Education Program for High School and College Students

Truist Financial Corporation Approves Appointments of Directors

Truist Financial Corporation Elect Laurence Stein to Board of Directors

Truist Financial Corporation to Report Q1, 2024 Results on Apr 22, 2024

Truist Financial Corporation, Annual General Meeting, Apr 23, 2024

Stone Point Capital LLC, Clayton, Dubilier & Rice, LLC and Mubadala Investment Company PJSC reached a definitive agreement to acquire remaining stake in Truist Insurance Holdings, LLC from Truist Financial Corporation (NYSE:TFC).

Stone Point Capital LLC, Clayton, Dubilier & Rice, LLC and Mubadala Investment Company PJSC reached a definitive agreement to acquire remaining stake in Truist Insurance Holdings, LLC from Truist Financial Corporation (NYSE:TFC).

Guardian Capital LLC entered into an agreement to acquire Sterling Capital Management LLC from Truist Financial Corporation for $70 million.

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on March 1, 2024

Truist Financial Corporation to Report Q4, 2023 Results on Jan 18, 2024

Truist Financial Corporation Announces Executive Changes

Truist Mulls A Restructuring of Its Underwater Bond Portfolio

Truist Financial Corporation Announces Executive Changes

Truist Financial Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Truist Financial Reportedly in Talks to Sell Its Insurance Brokerage Unit to Stone Point

Truist Financial Corporation Announces Board of Directors Changes, Effective December 31, 2023

Truist Financial Corporation to Report Q3, 2023 Results on Oct 19, 2023

Truist Financial Corporation to Report Q2, 2023 Results on Jul 20, 2023

Funds managed by Stone Point Capital LLC along with Mubadala Investment Company PJSC and other co-investors agreed to acquire 20% stake in Truist Insurance Holdings, Inc. from Truist Financial Corporation (NYSE:TFC) for $1.95 billion.

Funds managed by Stone Point Capital LLC along with Mubadala Investment Company PJSC and other co-investors agreed to acquire 20% stake in Truist Insurance Holdings, Inc. from Truist Financial Corporation (NYSE:TFC) for $1.95 billion.

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on Mar. 1, 2023

Truist Financial Corporation Provides Revenue Guidance for the First Quarter and Full Year 2023

Truist Financial Corporation to Report Q4, 2022 Results on Jan 19, 2023

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on December 1, 2022

Truist Financial Corporation to Report Q3, 2022 Results on Oct 18, 2022

Truist Financial Corporation Launches Truist Assist

Truist Financial Corporation Announces Chief Financial Officer Changes

Truist Financial Corporation Appoints Scott Stanzel as Executive Vice President and Chief Communications Officer, Effective October 1, 2022

Truist Financial Corporation (NYSE:TFC) acquired Key Strategic Assets from Zaloni, Inc.

Truist Financial Corporation Announces Appointment of J. Christopher Ward as Head of Wholesale Payments

Truist Financial Corporation Declares Regular Quarterly Cash Dividend, Payable on September 1, 2022

Truist Financial Corporation Announces Executive Changes

Truist Financial Corporation Launches New Accounts with No Overdraft Fees

Truist Financial Corporation Plans to Increase in its Regular Quarterly Cash Dividend

Truist Financial Corporation to Report Q2, 2022 Results on Jul 19, 2022

Truist Financial Corporation Announces Retirement of Daryl Bible as Chief Financial Officer

Truist Financial Corporation (NYSE:TFC) acquired Long Game Savings, Inc.

Truist Financial Corporation (NYSE:TFC) acquired Long Game Savings, Inc.

Truist Financial Corporation Declares Quarterly Cash Dividend, Payable on June 1, 2022

Truist Financial Corporation Appoints William H. "Bill" Rogers Jr., to Succeed Kelly King as Chairman of the Board

Truist Announces Goal of Net Zero Greenhouse Gas Emissions by 2050

Truist Financial Corporation Introduces Truist One Banking

Shareholder Returns

Price Volatility

About the Company

Truist Financial Corporation Fundamentals Summary

1.1x

4.4x