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Truist Financial (TFC) Stock

Profile

Country:

United States

IPO:

18 March 1980

Indexes:

Description:

Truist Financial Corporation is a large corporation that provides banking and trust services. The company was formed in December 2019 as a result of the merger of BB&T Corporation (Branch Banking and Trust) and SunTrust. The company's portfolio of consumer services includes asset management, auto lending, credit card lending, and residential mortgage lending. In addition, the company offers insurance products, as well as brokerage services, mobile/online banking, deposit services for individuals, small business lending, and student lending. The range of commercial services includes asset-based lending, asset management, commercial financing, and commercial mortgage lending.

Key Details

Price

$47.95

TTM Dividend Yield

4.34%(-34.44% YoY)

Annual Revenue

$23.39 B(+1.54% YoY)

Annual EPS

-$1.09(-124.60% YoY)

Beta

1.04

Events Calendar

Earnings

Next earnings date:

Jan 17, 2025

Recent quarterly earnings:

Oct 17, 2024

Recent annual earnings:

Jan 18, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 08, 2024
Splits

Next split:

N/A

Recent split:

Aug 04, 1998

Analyst ratings

Recent major analysts updates

26 Nov '24 Goldman Sachs
Buy
25 Nov '24 Citigroup
Neutral
15 Nov '24 Wells Fargo
Overweight
18 Oct '24 UBS
Buy
18 Oct '24 RBC Capital
Outperform
10 Sept '24 Stephens & Co.
Overweight
09 Aug '24 Wolfe Research
Peer Perform
30 July '24 Morgan Stanley
Equal-Weight
24 July '24 Citigroup
Neutral
23 July '24 RBC Capital
Outperform

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Institutional Ownership

Truist to speak at the Goldman Sachs US Financial Services Conference
Truist to speak at the Goldman Sachs US Financial Services Conference
Truist to speak at the Goldman Sachs US Financial Services Conference
TFC
prnewswire.com21 November 2024

CHARLOTTE, N.C., Nov. 21, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) has announced that its Chairman and CEO, Bill Rogers, will give a speech at the Goldman Sachs 2024 US Financial Services Conference at 10:40 a.m.

Sirona Biochem Announces Publication of Groundbreaking Study on TFC-1326 Compound in the Journal of Cosmetic Dermatology
Sirona Biochem Announces Publication of Groundbreaking Study on TFC-1326 Compound in the Journal of Cosmetic Dermatology
Sirona Biochem Announces Publication of Groundbreaking Study on TFC-1326 Compound in the Journal of Cosmetic Dermatology
TFC
globenewswire.com20 November 2024

VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) is excited to share that an important research article has been published in the well-respected Journal of Cosmetic Dermatology.

Truist launches 'Truist Cares for Western North Carolina'--a three-year, $725 million commitment to support and sustain hurricane recovery and resiliency
Truist launches 'Truist Cares for Western North Carolina'--a three-year, $725 million commitment to support and sustain hurricane recovery and resiliency
Truist launches 'Truist Cares for Western North Carolina'--a three-year, $725 million commitment to support and sustain hurricane recovery and resiliency
TFC
prnewswire.com20 November 2024

Truist Financial Corporation has launched a new initiative called Truist Cares for Western North Carolina, committing $725 million over three years to support essential small business, housing, and infrastructure projects. This effort aims to assist communities affected by Hurricane Helene as they recover and rebuild. Truist will work with local partners to identify the most impactful investments.

Azimuth extends relationship with Truist to enhance its automation capabilities
Azimuth extends relationship with Truist to enhance its automation capabilities
Azimuth extends relationship with Truist to enhance its automation capabilities
TFC
prnewswire.com12 November 2024

On November 12, 2024, in Jacksonville, Florida, Azimuth, a leader in compliance automation, revealed that it is expanding its strategic partnership with Truist Financial Corp (NYSE: TFC).

Truist Financial Corporation (TFC) BancAnalysts Association of Boston Conference (Transcript)
Truist Financial Corporation (TFC) BancAnalysts Association of Boston Conference (Transcript)
Truist Financial Corporation (TFC) BancAnalysts Association of Boston Conference (Transcript)
TFC
seekingalpha.com09 November 2024

Truist Financial Corporation (NYSE:TFC) will participate in the BancAnalysts Association of Boston Conference Call on November 7, 2024, at 8:55 AM ET. The call will feature Donta Wilson, who is the Head of Consumer and Small Business Banking. Terence McEvoy from Stephens Inc. and Mike Mayo from Wells Fargo will also be joining the discussion.

Truist announces redemption of Series L Depositary Shares
Truist announces redemption of Series L Depositary Shares
Truist announces redemption of Series L Depositary Shares
TFC
prnewswire.com01 November 2024

CHARLOTTE, N.C., Nov. 1, 2024 /PRNewswire/ -- Truist Financial Corporation has announced that it will redeem all 7,500 shares of its Perpetual Preferred Stock, Series L, along with 750,000 related depositary shares. The redemption will take place on December 16, 2024. The notice has been submitted to U.S. Bank, National Association, which acts as the Depositary.

Truist to speak at the BancAnalysts Association of Boston Conference
Truist to speak at the BancAnalysts Association of Boston Conference
Truist to speak at the BancAnalysts Association of Boston Conference
TFC
prnewswire.com30 October 2024

CHARLOTTE, N.C., Oct. 30, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) has announced that Dontá Wilson, the Chief Consumer and Small Business Banking Officer, will be speaking at the BancAnalysts Association of Boston Conference. This event is scheduled for Thursday, Nov. 7, 2024, at 8:55 a.m.

Truist declares common and preferred stock dividends
Truist declares common and preferred stock dividends
Truist declares common and preferred stock dividends
TFC
prnewswire.com22 October 2024

CHARLOTTE, N.C., Oct. 22, 2024 /PRNewswire/ -- Truist Financial Corporation's Board of Directors has announced a regular quarterly cash dividend of $0.52 for each common share. This dividend will be paid on December 2, 2024, to shareholders who are on record as of the end of business on November 8, 2024.

Truist unveils comprehensive Electronic Bill Presentment and Payment solution to accelerate cash flow and enhance client satisfaction
Truist unveils comprehensive Electronic Bill Presentment and Payment solution to accelerate cash flow and enhance client satisfaction
Truist unveils comprehensive Electronic Bill Presentment and Payment solution to accelerate cash flow and enhance client satisfaction
TFC
prnewswire.com18 October 2024

The new EBPP platform offers a fast, easy, and secure way for wholesale payments clients to manage their payments. Truist Financial Corporation announced this solution on October 18, 2024, to help clients improve their billing and payment processes. This modern platform aims to give clients more control and efficiency in their operations.

Truist Financial Corporation (TFC) Q3 2024 Earnings Call Transcript
Truist Financial Corporation (TFC) Q3 2024 Earnings Call Transcript
Truist Financial Corporation (TFC) Q3 2024 Earnings Call Transcript
TFC
seekingalpha.com17 October 2024

Truist Financial Corporation (NYSE:TFC) held its Q3 2024 Earnings Call on October 17, 2024, at 8:00 AM ET. The call featured company representatives including Brad Milsaps, Bill Rogers, and Mike Maguire, along with analysts from various financial institutions. At the moment, all attendees are in listen-only mode.

FAQ

  • What is the primary business of Truist Financial?
  • What is the ticker symbol for Truist Financial?
  • Does Truist Financial pay dividends?
  • What sector is Truist Financial in?
  • What industry is Truist Financial in?
  • What country is Truist Financial based in?
  • When did Truist Financial go public?
  • Is Truist Financial in the S&P 500?
  • Is Truist Financial in the NASDAQ 100?
  • Is Truist Financial in the Dow Jones?
  • When was Truist Financial's last earnings report?
  • When does Truist Financial report earnings?
  • Should I buy Truist Financial stock now?

What is the primary business of Truist Financial?

Truist Financial Corporation is a large corporation that provides banking and trust services. The company was formed in December 2019 as a result of the merger of BB&T Corporation (Branch Banking and Trust) and SunTrust. The company's portfolio of consumer services includes asset management, auto lending, credit card lending, and residential mortgage lending. In addition, the company offers insurance products, as well as brokerage services, mobile/online banking, deposit services for individuals, small business lending, and student lending. The range of commercial services includes asset-based lending, asset management, commercial financing, and commercial mortgage lending.

What is the ticker symbol for Truist Financial?

The ticker symbol for Truist Financial is NYSE:TFC

Does Truist Financial pay dividends?

Yes, Truist Financial pays dividends. The last payment was $0.52, with an ex-dividend date on 08 November 2024

What sector is Truist Financial in?

Truist Financial is in the Financial Services sector

What industry is Truist Financial in?

Truist Financial is in the Banks - Regional industry

What country is Truist Financial based in?

Truist Financial is headquartered in United States

When did Truist Financial go public?

Truist Financial's initial public offering (IPO) was on 18 March 1980

Is Truist Financial in the S&P 500?

Yes, Truist Financial is included in the S&P 500 index

Is Truist Financial in the NASDAQ 100?

No, Truist Financial is not included in the NASDAQ 100 index

Is Truist Financial in the Dow Jones?

No, Truist Financial is not included in the Dow Jones index

When was Truist Financial's last earnings report?

Truist Financial's most recent earnings report was on 17 October 2024

When does Truist Financial report earnings?

The next expected earnings date for Truist Financial is 17 January 2025

Should I buy Truist Financial stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions