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Truist Financial NYSE:TFC Stock Report

Last Price

US$38.17

Market Cap

US$51.1b

7D

3.7%

1Y

17.2%

Updated

26 Apr, 2024

Data

Company Financials +

Truist Financial Corporation

NYSE:TFC Stock Report

Market Cap: US$51.1b

TFC Stock Overview

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

TFC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends5/6

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$38.17
52 Week HighUS$39.29
52 Week LowUS$25.56
Beta1.07
1 Month Change-1.09%
3 Month Change0.87%
1 Year Change17.16%
3 Year Change-35.64%
5 Year Change-25.11%
Change since IPO698.91%

Recent News & Updates

Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Apr 26
Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Truist Financial Q1 Earnings Preview: Capital Improvement But Deposit Weakness (Rating Downgrade)

Apr 17

Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Apr 17
Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Recent updates

Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Apr 26
Analysts Just Slashed Their Truist Financial Corporation (NYSE:TFC) Earnings Forecasts

Truist Financial Q1 Earnings Preview: Capital Improvement But Deposit Weakness (Rating Downgrade)

Apr 17

Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Apr 17
Shareholders May Be Wary Of Increasing Truist Financial Corporation's (NYSE:TFC) CEO Compensation Package

Truist Financial Still Has Room To Run While Yielding 5.48%

Apr 05

Truist Financial: A Market Leader Ain't Cheap

Mar 23

Truist Financial: Potential For Improved Efficiency And Profitability Supports A Buy Rating

Feb 29

Truist Financial: The New All-Time High In Emergency Lending Explained

Feb 19

Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Feb 02
Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Truist Financial: Don't Let The Net Loss Scare You

Jan 23

Truist: Solid As A Rock And Potentially Returning 8.4% Annualized

Dec 29

Truist Financial Stock: Downgraded To Hold Despite Powell Pivot

Dec 19

Truist Financial: Buying In A Solid Base At Technical Support Levels

Nov 20

Truist Bank: Top Value Pick From Beaten-Down Banks

Oct 19

Truist Financial And U.S. Bancorp Q3 Earnings: A Caveat Hidden In Plain Sight

Oct 13

Truist Financial: A Secure Dividend And Attractive Valuation Create Opportunity

Sep 25

Truist Financial: The 6.3% Yielding Preferred Shares Could Be An Option

Sep 09

Truist Financial: Expect More Solvency Deterioration As Mortgage Rates Rise Higher

Aug 22

Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Jul 29
Truist Financial (NYSE:TFC) Is Due To Pay A Dividend Of $0.52

Truist Financial: Risky High-Yielder

Jul 21

Truist Financial And U.S. Bancorp: Cause For Concern After The Stress Test?

Jun 30

Truist: Priced For Disaster, Set For Recovery

Jun 15

Truist: Don't Forget About This Deep Value Gem

Jun 09

Truist Financial: Most Of The Negatives Are Priced In

May 24

Monetizing The Insurance Business Gives Truist Options, But Also Brings Risk

Feb 17

Truist Financial sheds 5% of investment-banking staff amid dealmaking slump - report

Feb 07

Truist Financial cut to Equalweight at Stephens on recent outperformance

Jan 31

Truist Financial declares $0.52 dividend

Jan 24

Truist Financial Q4 2022 Earnings Preview

Jan 18

Truist: The Problem And Opportunity In One Word

Jan 10

Truist Financial added to Citi's negative catalyst watch on NII, expense headwinds

Jan 04

My Top 2023 Stock Pick: Truist Financial

Dec 19

Truist Financial adds trading to digital investing capabilities

Nov 15

Truist: Underwhelming Results In What Should Be A Supportive Market

Oct 31

Truist Financial declares $0.52 dividend

Oct 25

Truist Financial Non-GAAP EPS of $1.24 beats by $0.01, revenue of $5.88B misses by $80M

Oct 18

Truist: Valuation Remains Compelling, But A Bearish Technical Move Warrants Caution

Sep 30

Truist names Mike Maguire as next CFO

Sep 07

Truist Financial launches robo adviser, hybrid products

Aug 29

Truist acquires Zaloni Arena platform to bolster data, AI, machine learning efforts

Aug 22

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

Aug 08

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

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

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

Jul 26

Shareholder Returns

TFCUS BanksUS Market
7D3.7%2.7%2.9%
1Y17.2%30.1%22.2%

Return vs Industry: TFC underperformed the US Banks industry which returned 30.1% over the past year.

Return vs Market: TFC underperformed the US Market which returned 22.2% over the past year.

Price Volatility

Is TFC's price volatile compared to industry and market?
TFC volatility
TFC Average Weekly Movement3.8%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: TFC has not had significant price volatility in the past 3 months.

Volatility Over Time: TFC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187249,218Bill Rogerswww.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 fundamental statistics
Market capUS$51.08b
Earnings (TTM)-US$1.73b
Revenue (TTM)US$20.81b

1.0x

P/B Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TFC income statement (TTM)
RevenueUS$20.81b
Cost of RevenueUS$0
Gross ProfitUS$20.81b
Other ExpensesUS$22.55b
Earnings-US$1.73b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 22, 2024

Earnings per share (EPS)-1.29
Gross Margin100.00%
Net Profit Margin-8.32%
Debt/Equity Ratio110.7%

How did TFC perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

-160%

Payout Ratio

Does TFC pay a reliable dividends?

See TFC dividend history and benchmarks
When do you need to buy TFC by to receive an upcoming dividend?
Truist Financial dividend dates
Ex Dividend DateMay 09 2024
Dividend Pay DateJun 03 2024
Days until Ex dividend12 days
Days until Dividend pay date37 days

Does TFC pay a reliable dividends?

See TFC dividend history and benchmarks
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