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TFC

TFC - Truist Financial Corp Stock Price, Fair Value and News

39.98USD-0.17 (-0.42%)Market Closed

Market Summary

TFC
USD39.98-0.17
Market Closed
-0.42%

TFC Stock Price

View Fullscreen

TFC RSI Chart

TFC Valuation

Market Cap

53.5B

Price/Earnings (Trailing)

-39.28

Price/Sales (Trailing)

2.15

EV/EBITDA

4.31

Price/Free Cashflow

7.11

TFC Price/Sales (Trailing)

TFC Profitability

EBT Margin

-2.93%

Return on Equity

-2.31%

Return on Assets

-0.25%

Free Cashflow Yield

14.06%

TFC Fundamentals

TFC Revenue

Revenue (TTM)

24.9B

Rev. Growth (Yr)

6.9%

Rev. Growth (Qtr)

-1.31%

TFC Earnings

Earnings (TTM)

-1.4B

Earnings Growth (Yr)

-20.79%

Earnings Growth (Qtr)

123.58%

Breaking Down TFC Revenue

Last 7 days

1.3%

Last 30 days

12.1%

Last 90 days

10.8%

Trailing 12 Months

34.0%

How does TFC drawdown profile look like?

TFC Financial Health

Debt/Equity

0.66

Debt/Cashflow

0.19

TFC Investor Care

Dividend Yield

4.28%

Dividend/Share (TTM)

1.68

Shares Dilution (1Y)

0.46%

Diluted EPS (TTM)

-1.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202424.9B000
202319.1B21.6B23.4B24.5B
202213.6B13.9B14.8B16.6B
202114.6B14.2B14.0B13.8B
202011.7B13.3B14.7B15.5B
20198.4B8.6B8.7B9.4B
20187.5B7.7B7.9B8.1B
20177.1B7.1B7.2B7.4B
20166.6B6.9B7.0B7.1B
20156.1B6.0B6.2B6.3B
20146.4B6.3B6.2B6.1B
20136.8B6.7B6.6B6.5B
20126.9B006.9B
20117.0B6.9B06.9B
20107.0B7.2B7.2B7.1B
20097.0B6.8B6.8B6.9B
200807.7B7.4B7.2B
20070007.9B
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Tracking the Latest Insider Buys and Sells of Truist Financial Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 23, 2024
stein laurence
acquired
-
-
3,203
-
Mar 15, 2024
rogers william h jr
sold (taxes)
-1,046,360
34.86
-30,016
chairman & ceo
Mar 15, 2024
maguire michael baron
sold (taxes)
-196,924
34.86
-5,649
chief financial officer
Mar 15, 2024
wilson donta l
sold (taxes)
-264,518
34.86
-7,588
chief consumer & sb bk officer
Mar 15, 2024
powell cynthia b
sold (taxes)
-45,666
34.86
-1,310
corp. controller & cao
Mar 15, 2024
cummins hugh s. iii
sold (taxes)
-556,749
34.86
-15,971
vice chair & coo
Mar 15, 2024
starnes clarke r iii
sold (taxes)
-422,782
34.86
-12,128
vice chair & cro
Mar 07, 2024
boyer k. david jr.
sold
-141,084
37.4825
-3,764
-
Feb 27, 2024
sears christine
acquired
-
-
5,160
-
Feb 27, 2024
boyer k. david jr.
acquired
-
-
5,160
-

1–10 of 50

Which funds bought or sold TFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Redwood Investment Management, LLC
reduced
-3.94
33,000
2,348,000
0.22%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-71.2
-23,597,300
10,312,400
-%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
0.72
-737,528
2,622,570
0.07%
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-8.17
-61,593
1,957,270
0.07%
May 16, 2024
EJF Capital LLC
reduced
-0.4
213,126
4,348,610
3.02%
May 16, 2024
COMERICA BANK
reduced
-0.21
855,215
16,824,700
0.07%
May 16, 2024
Semmax Financial Advisors Inc.
reduced
-10.68
-1,383
2,755,480
0.91%
May 16, 2024
Jaffetilchin Investment Partners, LLC
reduced
-0.1
60,294
1,162,300
0.10%
May 16, 2024
Beacon Capital Management, LLC
added
57.36
21,111
39,565
0.01%
May 16, 2024
FSA Wealth Management LLC
unchanged
-
417
2,417
-%

1–10 of 44

Are Funds Buying or Selling TFC?

Are funds buying TFC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TFC
No. of Funds

Unveiling Truist Financial Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.84%
117,898,632
SC 13G/A
Jan 26, 2024
blackrock inc.
7.3%
97,460,660
SC 13G/A
Feb 09, 2023
vanguard group inc
9.22%
122,319,147
SC 13G/A
Feb 01, 2023
blackrock inc.
7.0%
92,387,778
SC 13G/A
Feb 11, 2022
capital international investors
3.1%
41,100,677
SC 13G/A
Feb 10, 2022
vanguard group inc
8.73%
116,494,076
SC 13G/A
Feb 07, 2022
blackrock inc.
7.2%
95,681,454
SC 13G/A
Feb 16, 2021
capital international investors
5.6%
75,878,878
SC 13G
Feb 10, 2021
vanguard group inc
7.86%
105,915,927
SC 13G/A
Feb 01, 2021
blackrock inc.
6.6%
89,294,163
SC 13G/A

Recent SEC filings of Truist Financial Corp

View All Filings
Date Filed Form Type Document
May 13, 2024
13F-HR
Fund Holdings Report
May 10, 2024
8-K
Current Report
May 10, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Apr 29, 2024
4
Insider Trading
Apr 26, 2024
8-K
Current Report
Apr 25, 2024
4
Insider Trading
Apr 24, 2024
3
Insider Trading
Apr 22, 2024
8-K
Current Report

Peers (Alternatives to Truist Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
588.1B
174.7B
13.73% 46.82%
11.68
3.37
53.11% 19.83%
307.4B
137.9B
11.58% 38.08%
12.28
2.23
56.12% -12.56%
213.0B
85.8B
6.86% 51.95%
11.35
2.48
35.02% 26.14%
122.2B
125.0B
10.16% 38.13%
15.29
0.98
37.85% -
16.9B
10.4B
12.51% 41.04%
11.81
1.62
26.22% -33.87%
14.5B
8.1B
6.72% 53.23%
16.61
1.78
32.15% -50.93%
MID-CAP
7.3B
4.2B
10.08% 41.38%
10.46
1.71
34.68% -45.96%
6.6B
4.1B
14.23% 65.05%
10.55
1.63
32.93% -30.73%
3.5B
1.3B
13.35% 57.95%
12.32
2.65
30.60% -12.99%
3.4B
2.0B
11.57% 43.03%
20.88
1.65
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
417.1M
173.1M
15.06% 27.00%
14.3
2.41
26.54% -34.86%
390.4M
152.4M
-0.90% 32.84%
39.27
2.56
16.94% -73.84%
295.5M
98.7M
10.19% 20.01%
10.04
2.99
6.27% -22.90%
48.0M
62.5M
8.95% -1.75%
-16.24
0.77
18.83% -145.18%

Truist Financial Corp News

Latest updates
MarketBeat • 16 hours ago
Yahoo Lifestyle UK • 14 May 2024 • 04:16 pm
Yahoo Finance • 08 May 2024 • 07:00 am
Yahoo Finance • 22 Mar 2024 • 07:00 am

Truist Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.3%6,1846,2666,2296,1765,7855,2384,3693,6733,3573,4113,4263,4433,4943,6113,6233,8884,4262,8122,2182,2062,173
EBITDA Margin-8.7%0.54*0.59*0.94*1.06*1.20*1.32*1.43*1.50*1.53*1.52*1.49*1.42*1.33*1.24*1.18*1.15*1.17*1.20*---
Interest Expenses-4.8%3,3723,5433,5643,6253,8683,9813,7453,4073,1833,2433,2333,2453,2853,3663,3623,4483,6502,2271,7001,6901,696
Income Taxes462.5%232-64.00245287394337363372330367423415351311255191224153218234177
Earnings Before Taxes126.5%1,365-5,1541,4281,6321,9092,0192,0001,9041,7461,9692,1272,0731,8241,6411,3961,1491,2878791,0461,119975
EBT Margin-287.7%-0.03*-0.01*0.30*0.35*0.41*0.46*0.51*0.56*0.58*0.58*0.55*0.49*0.41*0.35*0.32*0.33*0.37*0.43*---
Net Income123.6%1,200-5,0901,1831,3451,5151,6821,6371,5321,4161,6021,7041,6581,4731,3301,1419581,063726828885798
Net Income Margin-28.0%-0.05*-0.04*0.24*0.29*0.33*0.38*0.42*0.45*0.47*0.47*0.44*0.40*0.34*0.29*0.26*0.27*0.30*0.34*---
Free Cashflow-141.7%-9902,3762,2793,602-10.003,4063,6423,837-3164,679-3573,260-1322,309295-1464,164-500---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.1%534,959535,349542,707554,549574,354555,255548,438545,123543,979541,241529,884521,964517,537509,228499,183504,336506,229473,078236,750230,872227,683
    Cash Equivalents14.2%34,98530,64429,83230,01036,59621,42122,22523,11329,12220,29519,82726,55732,13218,86837,10841,19736,34819,0652,9042,5532,720
  Net PPE-2.8%3,2743,3703,3943,4533,5193,6053,5853,6823,6623,7003,7193,6993,7873,8703,9684,0023,9993,7122,0222,0292,078
  Goodwill-17.9%17,15720,90126,97927,01327,01427,01326,81026,29926,28426,09824,89124,37424,35624,44723,86923,88223,92724,1549,8329,8309,818
Liabilities0.0%475,906476,096480,700490,868511,960494,718487,627482,124478,935471,970460,984453,628449,661438,316429,210435,453440,168406,520204,447199,108196,800
  Short Term Borrowings6.0%26,32924,82823,48524,45623,67823,42225,68713,7365,1475,2925,2265,6525,8896,0926,2445,70012,69618,21810,40510,3446,305
  Long Term Debt0.4%39,07138,91841,23244,74969,89543,20331,17230,31933,77335,91337,83737,96937,75339,59741,00842,13365,66241,33925,52022,64024,729
Shareholder's Equity-0.3%59,05359,25362,00763,68162,39460,53760,81162,99965,04469,27168,90068,33667,87670,91269,97368,88366,06166,55832,30331,76430,883
  Retained Earnings1.8%22,48322,08827,94427,57727,03826,26425,34424,50023,68722,99822,11421,13920,18419,45518,83418,37318,07619,80619,44019,05018,518
  Additional Paid-In Capital0.1%36,19736,17736,11435,99034,58234,54434,48734,41034,53934,56534,97734,89835,36035,84335,77435,67635,58435,6096,9316,8896,843
Shares Outstanding0.3%1,3381,3341,3341,3321,3321,3271,3291,3301,3291,3371,3401,3421,3461,3471,3471,3461,344805---
Minority Interest52.6%23215216715522.0023.0023.0024.0023.00----10510610616717469.0061.0060.00
Float----40,300---62,700---73,900---50,500---37,500-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-141.7%-9902,3762,4073,7301183,5343,7703,965-1884,807-2183,336-33.002,408425-24.004,628-4441,775934-745
  Share Based Compensation-----------83.0010086.0073.0010497.0079.0046.0039.0048.0032.00
Cashflow From Investing18.2%5,9034,9938,34811,567-2,050-10,763-8,404-10,771-34.00-12,134-12,897-10,1443,119-29,565-2,1187,546-19,51517,719-6,559-2,226-586
Cashflow From Financing91.3%-572-6,557-10,933-21,88317,1076,4253,7467979,0497,7956,3851,23310,1788,917-2,396-2,67332,170-1,1145,1351,125207
  Dividend Payments0.1%694693693693691689691639637638640602605607607605605345345310309
  Buy Backs--------250-500-610506-----3.003.00--
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TFC Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income  
Interest and fees on loans and leases$ 4,865$ 4,656
Interest on securities805752
Interest on other earning assets514376
Total interest income6,1845,784
Interest Expense  
Interest on deposits1,9641,125
Interest on long-term debt482514
Interest on other borrowings366278
Total interest expense2,8121,917
Net Interest Income3,3723,867
Provision for credit losses500502
Net Interest Income After Provision for Credit Losses2,8723,365
Noninterest Income  
Noninterest income1,4461,421
Noninterest Expense  
Personnel expense1,6301,668
Professional fees and outside processing278287
Software expense224200
Net occupancy expense160169
Amortization of Intangible Assets88100
Equipment expense88102
Marketing and customer development5668
Operating lease depreciation4046
Regulatory costs15275
Restructuring charges5156
Other expense186244
Total noninterest expense2,9533,015
Earnings  
Income before income taxes1,3651,771
Provision for income taxes232361
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent1,1331,410
Net income from discontinued operations67105
Net income (loss)1,2001,515
Net Income (Loss) Attributable to Noncontrolling Interest32
Preferred stock dividends and other106103
Net income available to common shareholders$ 1,091$ 1,410
Basic earnings from continuing operations$ 0.77$ 0.98
Basic EPS0.821.06
Diluted earnings from continuing operations0.760.98
Diluted EPS$ 0.81$ 1.05
Basic weighted average shares outstanding1,335,0911,328,602
Diluted weighted average shares outstanding1,346,9041,339,480
Wealth management income  
Noninterest Income  
Noninterest income$ 356$ 339
Investment banking and trading income  
Noninterest Income  
Noninterest income323261
Card and payment related fees  
Noninterest Income  
Noninterest income224230
Service charges on deposits  
Noninterest Income  
Noninterest income225250
Mortgage banking income  
Noninterest Income  
Noninterest income97142
Lending related fees  
Noninterest Income  
Noninterest income96106
Operating lease income  
Noninterest Income  
Noninterest income5967
Other income  
Noninterest Income  
Noninterest income$ 66$ 26

TFC Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and Due from Banks$ 5,040$ 5,000
Interest-bearing deposits with banks29,51025,230
Securities borrowed or purchased under agreements to resell2,0912,378
Trading assets at fair value5,2684,332
AFS securities, Fair Value66,05067,366
HTM securities (fair value of $43,041 and $44,630, respectively)53,36954,107
LHFS (including $1,201 and $852 at fair value, respectively)1,2531,280
Loans and leases (including $14 and $15 at fair value, respectively)307,224312,061
ALLL(4,803)(4,798)
Loans and leases, net of ALLL302,421307,263
Premises and equipment3,2743,298
Goodwill17,15717,156
CDI and other intangible assets1,8161,909
Loan servicing rights at fair value3,4173,378
Other assets (including $1,359 and $1,311 at fair value, respectively)36,52134,997
Assets of discontinued operations7,7727,655
Total assets534,959535,349
Liabilities  
Noninterest-bearing deposits110,901111,624
Interest-bearing deposits (including $23 and $0 at fair value, respectively)283,364284,241
Short-term borrowings (including $2,034 and $1,625 at fair value, respectively)26,32924,828
Long-term debt39,07138,918
Other liabilities (including $2,990 and $2,597 at fair value, respectively)13,11912,946
Liabilities of discontinued operations3,1223,539
Total liabilities475,906476,096
Shareholders’ Equity  
Preferred stock6,6736,673
Common stock, $5 par value6,6906,669
Additional paid-in capital36,19736,177
Retained earnings22,48322,088
AOCI, net of deferred income taxes(13,222)(12,506)
Noncontrolling interests232152
Total shareholders’ equity59,05359,253
Total liabilities and shareholders’ equity$ 534,959$ 535,349
Common shares outstanding1,338,0961,333,743
Common shares authorized2,000,0002,000,000
Preferred shares outstanding223223
Preferred shares authorized5,0005,000
TFC
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. The company also provides funding; asset management; automobile lending; credit card lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, small business and student lending, floor plan, commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment advisory services. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
 CEO
 WEBSITEtruist.com
 INDUSTRYBanks Diversified
 EMPLOYEES52848

Truist Financial Corp Frequently Asked Questions


What is the ticker symbol for Truist Financial Corp? What does TFC stand for in stocks?

TFC is the stock ticker symbol of Truist Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Truist Financial Corp (TFC)?

As of Fri May 17 2024, market cap of Truist Financial Corp is 53.5 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TFC stock?

You can check TFC's fair value in chart for subscribers.

What is the fair value of TFC stock?

You can check TFC's fair value in chart for subscribers. The fair value of Truist Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Truist Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TFC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Truist Financial Corp a good stock to buy?

The fair value guage provides a quick view whether TFC is over valued or under valued. Whether Truist Financial Corp is cheap or expensive depends on the assumptions which impact Truist Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TFC.

What is Truist Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TFC's PE ratio (Price to Earnings) is -39.28 and Price to Sales (PS) ratio is 2.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TFC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Truist Financial Corp's stock?

In the past 10 years, Truist Financial Corp has provided 0.037 (multiply by 100 for percentage) rate of return.