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TFC

Truist Financial NYSE:TFC Stock Report

Last Price

US$43.97

Market Cap

US$58.3b

7D

-1.9%

1Y

-25.0%

Updated

29 Sep, 2022

Data

Company Financials +
TFC fundamental analysis
Snowflake Score
Valuation5/6
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$43.97
52 Week HighUS$68.95
52 Week LowUS$42.56
Beta1.12
1 Month Change-7.22%
3 Month Change-8.78%
1 Year Change-25.03%
3 Year Change-13.46%
5 Year Change-7.66%
Change since IPO576.46%

Recent News & Updates

Sep 07

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.

Aug 29

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

Shareholder Returns

TFCUS BanksUS Market
7D-1.9%-4.5%-2.0%
1Y-25.0%-23.8%-20.3%

Return vs Industry: TFC underperformed the US Banks industry which returned -23.8% over the past year.

Return vs Market: TFC underperformed the US Market which returned -20.3% over the past year.

Price Volatility

Is TFC's price volatile compared to industry and market?
TFC volatility
TFC Average Weekly Movement3.9%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

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

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$58.32b
Earnings (TTM)US$5.92b
Revenue (TTM)US$22.50b

9.8x

P/E Ratio

1.0x

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

4.7%

Current Dividend Yield

43%

Payout Ratio