TFC Stock Overview
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.
No risks detected for TFC from our risk checks.
Truist Financial Corporation Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.25|
|52 Week High||US$68.95|
|52 Week Low||US$42.56|
|1 Month Change||-7.70%|
|3 Month Change||-6.71%|
|1 Year Change||-25.53%|
|3 Year Change||-13.35%|
|5 Year Change||-4.57%|
|Change since IPO||580.77%|
Recent News & Updates
Truist names Mike Maguire as next CFO
Mike Maguire, Truist's (NYSE:TFC) chief consumer finance and payments officer, has been appointed as the new CFO of the financial services company, effective Sep 15, 2022. Maguire succeeds current CFO Daryl Bible, whose retirement was announced in May. Bible will remain at Truist (TFC) during a transition period. As CFO, Maguire will oversee accounting, tax, treasury, financial planning and analysis, investor relations and other responsibilities from the bank's Charlotte, North Carolina, headquarters.
Truist Financial launches robo adviser, hybrid products
Illustrating the continuing the investment industry's continuing transformation via digital technology, Truist Financial's (NYSE:TFC) wealth unit has added a robo adviser, called Truist Invest, and a hybrid product — Truist Invest Pro — that combines automated investment with access to a team of financial advisers, the company said Monday. A Truist Invest of Truist Invest Pro account can be opened online in minutes with as little as $5,000, the company said. Clients can access their account details and activity in Truist (TFC) online banking and the mobile app, and contact support teams whenever they need them. Investors want digital solutions that are secure, intuitive to use, and able to help meet their needs whether they are a new or experienced investor," said Kacy Howard, senior vice president of digital investing at Truist Wealth. Annual fees are 0.50% for Truist Invest and 0.85% for Truist Invest Pro, calculated based on the assets under management with a $90 per account annual minimum. Last week, Truist (TFC) acquired Zaloni Arena platform to bolster data, AI, machine learning efforts
|TFC||US Banks||US Market|
Return vs Industry: TFC matched the US Banks industry which returned -24.8% over the past year.
Return vs Market: TFC underperformed the US Market which returned -22.1% over the past year.
|TFC Average Weekly Movement||3.8%|
|Banks Industry Average Movement||3.4%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
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
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
|TFC fundamental statistics|
Is TFC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TFC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Oct 18, 2022
|Earnings per share (EPS)||4.46|
|Net Profit Margin||26.32%|
How did TFC perform over the long term?See historical performance and comparison