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Truist FinancialNYSE: TFC

Profile

Country:

United States

IPO:

18 March 1980

Next earnings report:

17 January 2025

Last dividends:

09 August 2024

Next dividends:

08 November 2024
$57.73 B
-35%vs. 3y high
95%vs. sector
-vs. 3y high
-vs. sector
-31%vs. 3y high
35%vs. sector
-3%vs. 3y high
72%vs. sector

Price

pre-market | 11 min ago
$43.49+$0.47(+1.09%)
$5.08 B$5.05 B
$5.08 B$1.44 B

Analysts recommendations

Institutional Ownership

TFC Latest News

Truist announces redemption of Series L Depositary Shares
prnewswire.com01 November 2024 Sentiment: -

CHARLOTTE, N.C. , Nov. 1, 2024 /PRNewswire/ -- Truist Financial Corporation (the "Company") today announced that it has submitted a redemption notice to U.S. Bank, National Association (the "Depositary") for the full redemption of all 7,500 issued and outstanding shares of the Company's Perpetual Preferred Stock, Series L (the "Preferred Stock") and all 750,000 issued and outstanding shares of the related depositary shares, each representing a 1/100 th interest in a share of the Preferred Stock (the "Series L Depositary Shares"), on the redemption date of Dec. 16, 2024 (the "Redemption Date").

Truist to speak at the BancAnalysts Association of Boston Conference
prnewswire.com30 October 2024 Sentiment: POSITIVE

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
prnewswire.com22 October 2024 Sentiment: POSITIVE

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
prnewswire.com18 October 2024 Sentiment: POSITIVE

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
seekingalpha.com17 October 2024 Sentiment: NEUTRAL

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.

Balance Sheet Optimization, Expense Discipline, Digital Growth Define Truist's Quarter
pymnts.com17 October 2024 Sentiment: POSITIVE

After facing ups and downs in recent years, banks are now able to use their extra capital, which shows they believe in their future growth. This was the message from Truist executives during their earnings call for the third quarter of 2024 on Thursday, October 17.

Truist Financial's Q3 Earnings Beat as NII & Fee Income Rise
zacks.com17 October 2024 Sentiment: POSITIVE

TFC's net interest income (NII) increased in the third quarter due to changes in their balance sheet. Additionally, higher fee income and lower provisions and expenses contributed to their earnings.

Truist Financial Corporation (TFC) Beats Q3 Earnings and Revenue Estimates
zacks.com17 October 2024 Sentiment: POSITIVE

Truist Financial Corporation (TFC) reported quarterly earnings of $0.97 per share, which is higher than the Zacks Consensus Estimate of $0.89 per share. This is an increase compared to last year's earnings of $0.84 per share.

Truist reports third quarter 2024 results
prnewswire.com17 October 2024 Sentiment: NEUTRAL

CHARLOTTE, N.C., Oct. 17, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced its financial results for the third quarter of 2024 today.

Higher NII to Aid Truist's Q3 Earnings, Lower Fee Income to Hurt
zacks.com15 October 2024 Sentiment: POSITIVE

TFC's earnings for the third quarter of 2024 probably benefited from small increases in net interest income and fee income. However, higher provisions and expenses may have negatively impacted the results.

What type of business is 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 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 from?

Truist Financial is headquartered in United States

When did Truist Financial go public?

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

What is Truist Financial website?

https://www.truist.com

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 the previous earnings report?

No data

When does Truist Financial earnings report?

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