Grufity logoGrufity logo

TFC

42.46USD-2.60(-5.77%)Delayedas of 05 Dec 2022, 02:40 pm

Truist Financial Corp

Market Summary

USD42.46-2.60Delayedas of 05 Dec 2022, 02:40 pm
-5.77%

TFC Alerts

TFC Stock Price

RSI Chart

Valuation

Market Cap

59.8B

Price/Earnings

9.55

Price/Sales

4.31

Price/Cashflow

7.14

MarketCap/EBT

7.71

Price/Sales

Profitability

EBT Margin

55.86%

Return on Equity

9.93%

Return on Assets

1.15%

Fundamentals

Revenue

Revenue (TTM)

14.8B

Revenue Y/Y

27.52%

Revenue Q/Q

18.95%

Earnings

Earnings (TTM)

6.3B

Earnings Y/Y

-7.6%

Earnings Q/Q

8.19%

Price Action

52 Week Range

39.5466.27
(Low)(High)

Last 7 days

-4.0%

Last 30 days

3.8%

Last 90 days

-1.9%

Trailing 12 Months

-22.3%

Financial Health

Debt/Equity

0.48

Debt/Cashflow

0.28

Investor Care

Dividend Yield

4.26%

Dividend/Share (TTM)

1.96

Buy Backs (1Y)

0.61%

Diluted EPS (TTM)

4.36

Peers (Alternatives to Truist Financial)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
373.5B
53.2B
6.45% -12.37%
9.57
7.02
-19.87% -18.42%
290.7B
90.7B
-0.03% -18.23%
10.38
3.2
7.11% 1.42%
175.8B
41.7B
-1.37% -3.87%
9.95
4.22
1.39% 3.49%
67.4B
20.1B
3.47% -15.91%
11.79
3.35
15.86% -3.31%
63.7B
15.3B
9.32% -16.26%
9.38
4.55
12.60% -15.83%
13.1B
2.4B
1.36% 54.12%
15.8
6.06
7.09% -15.09%
MID-CAP
10.0B
1.2B
-9.15% 11.32%
20.35
8.17
20.51% 13.63%
8.3B
1.2B
0.20% 1.88%
16.6
7.15
2.17% -28.38%
7.8B
2.3B
6.44% -16.18%
9.03
3.37
0.61% -24.32%
6.3B
1.2B
2.96% -14.10%
11.59
5.89
14.86% 10.25%
2.4B
356.7M
3.05% 13.69%
16.34
6.93
1.80% -6.63%
2.2B
428.0M
0.74% 15.23%
20.03
5.19
-8.68% -46.05%
SMALL-CAP
1.7B
195.6M
1.16% 13.70%
18.49
9.5
12.83% 17.81%
1.6B
637.0M
5.16% -3.64%
7.26
2.7
13.13% 20.37%

Financials for Truist Financial

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue6.8%14,81013,86713,63713,77413,974
Earnings Before Taxes-1.6%7,6197,7467,9157,9937,665
Net Income-2.0%6,2546,3806,4376,165
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.6%548,438545,123543,979541,241529,884
    Cash Equivalents-3.8%22,22523,11329,12220,29519,827
  Net PPE-2.6%3,5853,6823,6623,7003,719
  Goodwill1.9%26,81026,29926,28426,09824,891
Liabilities1.1%487,627482,124478,935471,970460,984
.    Short Term Borrowings87.0%25,68713,7365,1475,2925,226
  Long Term Debt2.8%31,17230,31933,77335,91337,837
Shareholder's Equity-3.5%60,81162,99965,04469,27168,900
  Retained Earnings3.4%25,34424,50023,68722,99822,114
  Additional Paid-In Capital0.2%34,48734,41034,53934,56534,977
Shares Outstanding0.0%1,3271,3261,3311,3281,335
Minority Interest-4.2%232423--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations47.7%12,3548,3667,7377,8925,493
  Share Based Compensation-6.4%320342
Cashflow From Investing12.5%-31,343.00-35,836.00-35,209.00-32,056.00-49,487.00
Cashflow From Financing-11.0%21,38724,02624,46225,59126,713
  Dividend Payments1.5%2,5542,5172,4852,454
  Buy Backs0%7507501,1101,6161,116

Risks

What is the probability of a big loss on TFC?

47.3%


Probability that Truist Financial stock will be more than 20% underwater in next one year

31.1%


Probability that Truist Financial stock will be more than 30% underwater in next one year.

18.9%


Probability that Truist Financial stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TFC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Truist Financial was unfortunately bought at previous high price.

Returns

Cumulative Returns on TFC

8.5%


10-Year Cumulative Returns

5.6%


7-Year Cumulative Returns

1.7%


5-Year Cumulative Returns

-1.7%


3-Year Cumulative Returns

What are the long-term rolling returns for TFC?

FIve years rolling returns for Truist Financial.

Which funds bought or sold TFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
-
-
-252,000
-
-%
2022-11-29
SALEM CAPITAL MANAGEMENT INC
-
-
-272,000
2,861,000
2.27%
2022-11-23
FSB PREMIER WEALTH MANAGEMENT, INC.
REDUCED
-2.04
-40,000
363,000
0.21%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-134
2,000
-%
2022-11-23
Toroso Investments, LLC
ADDED
7.22
-10,000
643,000
0.03%
2022-11-22
SMITH CHAS P & ASSOCIATES PA CPAS
-
-
-81,000
510,000
0.04%
2022-11-22
CVA Family Office, LLC
-
-
-101,000
178,000
0.05%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
71.53
583,000
1,601,000
0.05%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
5,497,000
5,497,000
0.06%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
256,000
256,000
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying TFC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own TFC

Truist Financial News

Barchart

Stocks Decline as Strong U.S. Economic News Boosts Bond Yields.2 hours ago

TFC Fair Value

Recent SEC filings of Truist Financial

View All Filings
Date Filed Form Type Document
Nov 10, 2022
SC 13G/A
Major Ownership Report
Oct 31, 2022
10-Q
Quarterly Report
Oct 28, 2022
8-K
Current Report
Oct 27, 2022
FWP
Prospectus Filed
Oct 27, 2022
424B2
Prospectus Filed
Oct 27, 2022
424B2
Prospectus Filed
Oct 27, 2022
FWP
Prospectus Filed
Oct 26, 2022
8-K
Current Report
Oct 26, 2022
424B3
Prospectus Filed
Oct 26, 2022
424B3
Prospectus Filed

Latest Insider Trading transactions for TFC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-15
Cummins Hugh S. III
ACQUIRED
-
-
9,960
Vice Chair
2022-09-15
Cummins Hugh S. III
SOLD (Taxes)
-277,316
48.12
-5,763
Vice Chair
2022-07-20
ROGERS WILLIAM H JR
GIFTED
-
-
-14,862
Chairman and CEO
2022-07-20
ROGERS WILLIAM H JR
ACQUIRED
3,018,970
21.17
142,606
Chairman and CEO
2022-07-20
ROGERS WILLIAM H JR
SOLD
-6,813,430
47.778
-142,606
Chairman and CEO
2022-06-22
RATCLIFFE DAVID M
BOUGHT
6,203.34
46.995
132
-
2022-05-19
ROGERS WILLIAM H JR
GIFTED
-
-
-25,200
Chairman and CEO
2022-05-18
ROGERS WILLIAM H JR
GIFTED
-
-
-25,200
Chairman and CEO
2022-05-04
VOORHEES STEVEN C
BOUGHT
996,320
49.816
20,000
-
2022-04-21
KING KELLY S
SOLD
-1,507.55
52.55
-28.688
-

1–10 of 50

William H. Rogers
52600
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; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, 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 and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and 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 investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. 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.

TFC Income Statement

2022-09-30
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest Income    
Interest and fees on loans and leases$ 3,490$ 2,825$ 9,032$ 8,728
Interest on securities7095482,0241,488
Interest on other earning assets17053343147
Total interest income4,3693,42611,39910,363
Interest Expense    
Interest on deposits33133462116
Interest on long-term debt190151459446
Interest on other borrowings103914338
Total interest expense6241931,064600
Net Interest Income3,7453,23310,3359,763
Provision for credit losses234(324)310(710)
Net Interest Income After Provision for Credit Losses3,5113,55710,02510,473
Noninterest Income    
Noninterest income2,1022,3656,4926,967
Noninterest Expense    
Personnel expense2,1162,1876,2696,536
Professional fees and outside processing3523721,0641,063
Software expense225251691707
Net occupancy expense176187565578
Amortization of intangibles140145420431
Equipment expense122154354389
Marketing and customer development10594282226
Operating lease depreciation4547140144
Loan-related expense4652137161
Regulatory costs524313199
Merger-related and restructuring charges62172399610
Loss (gain) on early extinguishment of debt00(39)(3)
Other expense17291454475
Total noninterest expense3,6133,79510,86711,416
Earnings    
Income before income taxes2,0002,1275,6506,024
Provision for income taxes3634231,0651,189
Net income1,6371,7044,5854,835
Noncontrolling interests406(3)
Net income available to the bank holding company1,6331,7044,5794,838
Preferred stock dividends and other9788262329
Net income available to common shareholders$ 1,536$ 1,616$ 4,317$ 4,509
Basic EPS$ 1.16$ 1.21$ 3.25$ 3.37
Diluted EPS$ 1.15$ 1.20$ 3.22$ 3.34
Basic weighted average shares outstanding (in shares)1,326,5391,334,8251,328,5691,339,558
Diluted weighted average shares outstanding (in shares)1,336,6591,346,8541,339,0711,351,712
Insurance income    
Noninterest Income    
Noninterest income$ 725$ 645$ 2,277$ 1,961
Investment banking and trading income    
Noninterest Income    
Noninterest income2223167381,064
Wealth management income    
Noninterest Income    
Noninterest income3343561,0141,042
Service charges on deposits    
Noninterest Income    
Noninterest income263276769787
Card and payment related fees    
Noninterest Income    
Noninterest income241225699650
Residential mortgage income    
Noninterest Income    
Noninterest income72179235396
Lending related fees    
Noninterest Income    
Noninterest income8074265268
Operating lease income    
Noninterest Income    
Noninterest income6657190191
Commercial mortgage income    
Noninterest Income    
Noninterest income5054108134
Income from bank-owned life insurance    
Noninterest Income    
Noninterest income4943150139
Securities gains (losses)    
Noninterest Income    
Noninterest income(1)0(71)0
Other income    
Noninterest Income    
Noninterest income$ 1$ 140$ 118$ 335

TFC Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and Due from Banks$ 5,031$ 5,085
Interest-bearing deposits with banks17,19415,210
Securities borrowed or purchased under agreements to resell2,5684,028
Trading assets at fair value5,8644,423
AFS securities at fair value72,978153,123
HTM securities ($48,975 and $1,495 at fair value, respectively)58,7541,494
LHFS (including $1,868 and $3,544 at fair value, respectively)2,3044,812
Loans and leases (including $19 and $23 at fair value, respectively)314,335289,513
ALLL(4,205)(4,435)
Loans and leases, net of ALLL310,130285,078
Premises and equipment3,5853,700
Goodwill26,81026,098
CDI and other intangible assets3,7263,408
Loan servicing rights at fair value3,7972,633
Other assets (including $2,027 and $3,436 at fair value, respectively)35,69732,149
Total assets548,438541,241
Liabilities  
Noninterest-bearing deposits144,826145,892
Interest-bearing deposits271,166270,596
Short-term borrowings (including $1,905 and $1,731 at fair value, respectively)25,6875,292
Long-term debt31,17235,913
Other liabilities (including $3,407 and $586 at fair value, respectively)14,77614,277
Total liabilities487,627471,970
Shareholders’ Equity  
Preferred stock6,6736,673
Common stock, $5 par value6,6346,639
Additional paid-in capital34,48734,565
Retained earnings25,34422,998
AOCI, net of deferred income taxes(12,350)(1,604)
Noncontrolling interests230
Total shareholders’ equity60,81169,271
Total liabilities and shareholders’ equity$ 548,438$ 541,241
Common shares outstanding1,326,7661,327,818
Common shares authorized2,000,0002,000,000
Preferred shares outstanding223223
Preferred shares authorized5,0005,000