Truist Financial (TFC)
(Delayed Data from NYSE)
$38.17 USD
+0.20 (0.53%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $38.16 -0.01 (-0.03%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth F Momentum D VGM
Company Summary
Truist Financial, formed following the ‘merger of equals’ deal between BB&T Corp and SunTrust Banks, is one of the largest commercial banks in the United States. The company — headquartered in Charlotte, NC — conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries.
Truist Bank, through 2,001 banking offices and 3,031 automated telling machines (ATMs), offers a variety of services to consumers and commercial clients.
Truist Financial has the following operating segments:
Consumer Banking and Wealth (CB&W) ...
Company Summary
Truist Financial, formed following the ‘merger of equals’ deal between BB&T Corp and SunTrust Banks, is one of the largest commercial banks in the United States. The company — headquartered in Charlotte, NC — conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries.
Truist Bank, through 2,001 banking offices and 3,031 automated telling machines (ATMs), offers a variety of services to consumers and commercial clients.
Truist Financial has the following operating segments:
Consumer Banking and Wealth (CB&W) comprises five primary operations - Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services.
Corporate and Commercial Banking (C&CB) is made up of four primary businesses - Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group.
Insurance Holdings (IH) provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Also, the segment offers commercial and retail insurance premium finance.
Others, Treasury & Corporate includes Truist Financial’s investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets. The company's functional activities such as marketing, finance, enterprise risk, legal, enterprise technology and executive leadership, among others, are also part of this unit.
As of Dec 31, 2023, Truist Financial’s total assets were $535.3 billion, loans and leases were $313.3 billion, deposits totaled $395.9 billion and total shareholders’ equity was $59.3 billion.
General Information
Truist Financial Corporation
214 NORTH TRYON STREET
CHARLOTTE, NC 28202
Phone: 336-733-2000
Fax: 336-721-3499
Email: investors@truist.com
Industry | Banks - Major Regional |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/18/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.81 |
Current Year EPS Consensus Estimate | 3.27 |
Estimated Long-Term EPS Growth Rate | 5.80 |
Exp Earnings Date | 7/18/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 37.97 |
52 Week High | 39.29 |
52 Week Low | 25.56 |
Beta | 1.08 |
20 Day Moving Average | 8,494,242.00 |
Target Price Consensus | 42.52 |
4 Week | -2.08 |
12 Week | 3.75 |
YTD | 3.39 |
4 Week | 0.89 |
12 Week | 0.88 |
YTD | -2.83 |
Shares Outstanding (millions) | 1,334.59 |
Market Capitalization (millions) | 50,941.33 |
Short Ratio | NA |
Last Split Date | 8/4/1998 |
Dividend Yield | 5.45% |
Annual Dividend | $2.08 |
Payout Ratio | 0.59 |
Change in Payout Ratio | 0.14 |
Last Dividend Payout / Amount | 2/8/2024 / $0.52 |
Fundamental Ratios
P/E (F1) | 11.66 |
Trailing 12 Months | 10.91 |
PEG Ratio | 2.01 |
vs. Previous Year | -17.43% |
vs. Previous Quarter | 11.11% |
vs. Previous Year | -4.85% |
vs. Previous Quarter | -9.39% |
Price/Book | 0.97 |
Price/Cash Flow | 4.08 |
Price / Sales | 1.55 |
3/31/24 | 9.15 |
12/31/23 | 9.64 |
9/30/23 | 10.74 |
3/31/24 | 0.92 |
12/31/23 | 0.96 |
9/30/23 | 1.07 |
3/31/24 | 0.82 |
12/31/23 | 0.82 |
9/30/23 | 0.82 |
3/31/24 | NA |
12/31/23 | 0.82 |
9/30/23 | 0.82 |
3/31/24 | 15.13 |
12/31/23 | 15.99 |
9/30/23 | 18.45 |
3/31/24 | -4.28 |
12/31/23 | -3.28 |
9/30/23 | 17.59 |
3/31/24 | -2.22 |
12/31/23 | -0.56 |
9/30/23 | 21.64 |
3/31/24 | 39.25 |
12/31/23 | 39.42 |
9/30/23 | 41.49 |
3/31/24 | 4.90 |
12/31/23 | 3.75 |
9/30/23 | 2.97 |
3/31/24 | 0.75 |
12/31/23 | 0.74 |
9/30/23 | 0.75 |
3/31/24 | 39.82 |
12/31/23 | 39.64 |
9/30/23 | 39.94 |