Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has Truist Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TFC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TFC's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TFC exceeded the US Banks industry which returned 70.3% over the past year.
Return vs Market: TFC exceeded the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Truist Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
19 hours ago | Simply Wall StKey Things To Consider Before Buying Truist Financial Corporation (NYSE:TFC) For Its Dividend
3 weeks ago | Simply Wall StThe Chief Information Officer & Senior EVP of Truist Financial Corporation (NYSE:TFC), Scott Case, Just Sold 32% Of Their Holding
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Truist Financial Corporation (NYSE:TFC)
Is Truist Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TFC ($57.84) is trading below our estimate of fair value ($70.14)
Significantly Below Fair Value: TFC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TFC is poor value based on its PE Ratio (17.2x) compared to the US Banks industry average (13.3x).
PE vs Market: TFC is good value based on its PE Ratio (17.2x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: TFC is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: TFC is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is Truist Financial forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TFC's forecast earnings growth (13.5% per year) is above the savings rate (2%).
Earnings vs Market: TFC's earnings (13.5% per year) are forecast to grow slower than the US market (18.1% per year).
High Growth Earnings: TFC's earnings are forecast to grow, but not significantly.
Revenue vs Market: TFC's revenue (2.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: TFC's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TFC's Return on Equity is forecast to be low in 3 years time (9.9%).
How has Truist Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TFC has high quality earnings.
Growing Profit Margin: TFC's current net profit margins (21.5%) are lower than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: TFC's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: TFC's earnings growth over the past year (38.8%) exceeds its 5-year average (15.1% per year).
Earnings vs Industry: TFC earnings growth over the past year (38.8%) exceeded the Banks industry 2.9%.
Return on Equity
High ROE: TFC's Return on Equity (7.2%) is considered low.
How is Truist Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TFC's Assets to Equity ratio (7.6x) is low.
Allowance for Bad Loans: TFC has a sufficient allowance for bad loans (456%).
Low Risk Liabilities: 88% of TFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: TFC has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: TFC's Loans to Deposits ratio (72%) is appropriate.
Level of Bad Loans: TFC has an appropriate level of bad loans (0.4%).
What is Truist Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TFC's dividend (3.11%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: TFC's dividend (3.11%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: TFC's dividends per share have been stable in the past 10 years.
Growing Dividend: TFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.5%), TFC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TFC's dividends in 3 years are forecast to be well covered by earnings (40% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kelly King (72 yo)
Mr. Kelly Stuart King is Chairman and Chief Executive Officer of Truist Financial Corporation since January 1, 2010 and January 1, 2009 respectively, during the merger of equals between BB&T Corporation an...
CEO Compensation Analysis
Compensation vs Market: Kelly's total compensation ($USD14.82M) is above average for companies of similar size in the US market ($USD11.14M).
Compensation vs Earnings: Kelly's compensation has increased by more than 20% in the past year.
Experienced Management: TFC's management team is considered experienced (3 years average tenure).
Experienced Board: TFC's board of directors are seasoned and experienced ( 11.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TFC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Truist Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: Truist Financial Corporation
- Ticker: TFC
- Exchange: NYSE
- Founded: 1872
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$84.245b
- Shares outstanding: 1.34b
- Website: https://www.truist.com
Number of Employees
- Truist Financial Corporation
- 214 North Tryon Street
- North Carolina
- United States
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and We...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 23:41|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.