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TFC

Truist Financial NYSE:TFC Stock Report

Last Price

US$51.75

Market Cap

US$68.6b

7D

3.3%

1Y

-9.8%

Updated

12 Aug, 2022

Data

Company Financials +
TFC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends6/6

TFC Stock Overview

Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Truist Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Truist Financial
Historical stock prices
Current Share PriceUS$51.75
52 Week HighUS$68.95
52 Week LowUS$44.68
Beta1.12
1 Month Change12.23%
3 Month Change11.75%
1 Year Change-9.81%
3 Year Change11.17%
5 Year Change12.21%
Change since IPO696.15%

Recent News & Updates

Aug 08

Truist Financial to acquire BenefitMall from Carlyle Group to expand benefits offerings

Truist Financial's (NYSE:TFC) insurance holdings subsidiary agreed to acquire BenefitMall, a benefits wholesale general agency, from Carlyle in a deal that's expected to add ~$150M of annual revenue to Truist Insurance Holdings' wholesale division. Financial terms of the transaction, which is expected to close in Q3 2022, weren't disclosed. The acquired business will be combined into Truist's (TFC) CRC Group, a national wholesale distributor of specialty insurance products. "This acquisition of BenefitMall enables us to further diversify the solutions we offer to our clients and create an enhanced client experience," said Truist (TFC) Chairman and CEO Bill Rogers. Last month, Truist (TFC) was downgraded to Hold at CFRA on limited prospects for fee income growth

Aug 02
Truist Financial (NYSE:TFC) Has Announced That It Will Be Increasing Its Dividend To $0.52

Truist Financial (NYSE:TFC) Has Announced That It Will Be Increasing Its Dividend To $0.52

Truist Financial Corporation ( NYSE:TFC ) will increase its dividend from last year's comparable payment on the 1st of...

Jul 26

Truist Financial raises dividend by 8% to $0.52/share

Truist Financial (NYSE:TFC) declares $0.52/share quarterly dividend, 8.3% increase from prior dividend of $0.48. Forward yield 4.3% Payable Sept. 1; for shareholders of record Aug. 12; ex-div Aug. 11. See TFC Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

TFCUS BanksUS Market
7D3.3%5.5%1.3%
1Y-9.8%-13.2%-11.7%

Return vs Industry: TFC exceeded the US Banks industry which returned -13.2% over the past year.

Return vs Market: TFC exceeded the US Market which returned -11.7% over the past year.

Price Volatility

Is TFC's price volatile compared to industry and market?
TFC volatility
TFC Average Weekly Movement4.1%
Banks Industry Average Movement3.7%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

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.

About the Company

FoundedEmployeesCEOWebsite
187251,462Bill Rogershttps://www.truist.com

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 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 fundamental statistics
Market CapUS$68.64b
Earnings (TTM)US$5.92b
Revenue (TTM)US$22.50b

11.6x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TFC income statement (TTM)
RevenueUS$22.50b
Cost of RevenueUS$0
Gross ProfitUS$22.50b
Other ExpensesUS$16.57b
EarningsUS$5.92b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 18, 2022

Earnings per share (EPS)4.46
Gross Margin100.00%
Net Profit Margin26.32%
Debt/Equity Ratio72.9%

How did TFC perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

43%

Payout Ratio