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TFC

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

38.78USD-0.06 (-0.15%)Market Closed

Market Summary

TFC
USD38.78-0.06
Market Closed
-0.15%

TFC Stock Price

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TFC RSI Chart

TFC Valuation

Market Cap

51.8B

Price/Earnings (Trailing)

-49.51

Price/Sales (Trailing)

2.12

EV/EBITDA

4.17

Price/Free Cashflow

6.01

TFC Price/Sales (Trailing)

TFC Profitability

EBT Margin

-0.76%

Return on Equity

-1.77%

Return on Assets

-0.2%

Free Cashflow Yield

16.65%

TFC Fundamentals

TFC Revenue

Revenue (TTM)

24.5B

Rev. Growth (Yr)

19.63%

Rev. Growth (Qtr)

0.59%

TFC Earnings

Earnings (TTM)

-1.0B

Earnings Growth (Yr)

-402.62%

Earnings Growth (Qtr)

-530.26%

Breaking Down TFC Revenue

Last 7 days

9.0%

Last 30 days

3.1%

Last 90 days

3.4%

Trailing 12 Months

22.1%

How does TFC drawdown profile look like?

TFC Financial Health

Debt/Equity

0.66

Debt/Cashflow

0.22

TFC Investor Care

Dividend Yield

4.26%

Dividend/Share (TTM)

1.49

Shares Dilution (1Y)

0.50%

Diluted EPS (TTM)

-1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Mar 15, 2024
rogers william h jr
sold (taxes)
-1,046,360
34.86
-30,016
chairman & ceo
Mar 15, 2024
starnes clarke r iii
sold (taxes)
-422,782
34.86
-12,128
vice chair & cro
Mar 15, 2024
wilson donta l
sold (taxes)
-264,518
34.86
-7,588
chief consumer & sb bk officer
Mar 15, 2024
cummins hugh s. iii
sold (taxes)
-556,749
34.86
-15,971
vice chair & coo
Mar 15, 2024
maguire michael baron
sold (taxes)
-196,924
34.86
-5,649
chief financial officer
Mar 15, 2024
powell cynthia b
sold (taxes)
-45,666
34.86
-1,310
corp. controller & cao
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
tanner bruce l
acquired
-
-
5,160
-
Feb 27, 2024
graney patrick c iii
acquired
-
-
5,160
-

1–10 of 50

Which funds bought or sold TFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
BSW Wealth Partners
reduced
-10.17
-23,263
427,761
0.07%
Apr 23, 2024
Morton Brown Family Wealth, LLC
reduced
-56.82
-18,526
15,571
0.01%
Apr 23, 2024
Strategic Blueprint, LLC
added
3.93
51,189
577,647
0.04%
Apr 23, 2024
Principle Wealth Partners LLC
added
101
2,637,780
4,971,600
0.19%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
5,996
113,987
0.01%
Apr 23, 2024
Tennessee Valley Asset Management Partners
sold off
-100
-15,367
-
-%
Apr 23, 2024
Arbor Investment Advisors, LLC
unchanged
-
173,957
3,291,670
0.48%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
unchanged
-
-394
8,606
-%
Apr 23, 2024
Venturi Wealth Management, LLC
added
23.67
83,443
356,356
0.02%
Apr 23, 2024
Sage Mountain Advisors LLC
added
1.41
20,856
315,699
0.03%

1–10 of 49

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
Apr 22, 2024
8-K
Current Report
Apr 15, 2024
8-K
Current Report
Apr 05, 2024
PX14A6G
PX14A6G
Mar 26, 2024
PX14A6G
PX14A6G
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Truist Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
553.3B
171.1B
-2.31% 36.49%
11.17
3.23
60.72% 31.52%
302.1B
130.3B
3.56% 28.93%
11.39
2.32
79.51% -3.68%
218.1B
85.7B
6.72% 47.09%
11.39
2.55
41.49% 39.96%
119.7B
133.3B
3.01% 27.78%
12.98
0.9
79.09% -
16.0B
10.2B
-0.51% 22.27%
9.98
1.57
44.53% -22.43%
13.8B
7.9B
-2.00% 32.35%
14.22
1.74
46.47% -49.56%
MID-CAP
7.0B
4.2B
1.92% 23.45%
7.92
1.67
56.25% -23.46%
6.2B
3.9B
2.71% 47.68%
9.1
1.57
45.91% -25.03%
3.3B
1.3B
1.85% 41.72%
12.28
2.58
43.24% -22.35%
3.2B
2.0B
3.40% 20.85%
17.57
1.64
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
414.1M
164.9M
-1.69% 36.50%
35.41
2.51
42.66% -70.76%
383.2M
162.6M
-4.81% 4.19%
12.74
2.36
25.39% -38.37%
291.3M
96.6M
-3.52% 8.70%
9.19
3.01
11.02% -11.37%
45.1M
60.9M
-2.56% -9.83%
-13.48
0.74
24.06% -144.92%

Truist Financial Corp News

Latest updates
MarketBeat • 6 hours ago
Seeking Alpha • 22 Apr 2024 • 03:10 pm
Yahoo Finance • 22 Apr 2024 • 01:30 pm
Yahoo Finance • 06 Mar 2024 • 08:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.6%6,2666,2296,1765,7855,2384,3693,6733,3573,4113,4263,4433,4943,6113,6233,8884,4262,8122,2182,2062,1732,136
EBITDA Margin-37.3%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*1.25*---
Interest Expenses-0.6%3,5433,5643,6253,8683,9813,7453,4073,1833,2433,2333,2453,2853,3663,3623,4483,6502,2271,7001,6901,6961,705
Income Taxes-126.1%-64.00245287394337363372330367423415351311255191224153218234177205
Earnings Before Taxes-460.9%-5,1541,4281,6321,9092,0192,0001,9041,7461,9692,1272,0731,8241,6411,3961,1491,2878791,0461,1199751,010
EBT Margin-102.5%-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*0.48*---
Net Income-530.3%-5,0901,1831,3451,5151,6821,6371,5321,4161,6021,7041,6581,4731,3301,1419581,063726828885798805
Net Income Margin-117.5%-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*0.38*---
Free Cashflow-1.3%2,3762,4073,602-10.003,4063,6423,837-3164,679-3573,260-1322,309295-1464,164-5001,719---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.4%535,349542,707554,549574,354555,255548,438545,123543,979541,241529,884521,964517,537509,228499,183504,336506,229473,078236,750230,872227,683225,697
    Cash Equivalents2.7%30,64429,83230,01036,59621,42122,22523,11329,12220,29519,82726,55732,13218,86837,10841,19736,34819,0652,9042,5532,7203,844
  Net PPE-0.7%3,3703,3943,4533,5193,6053,5853,6823,6623,7003,7193,6993,7873,8703,9684,0023,9993,7122,0222,0292,0782,118
  Goodwill-22.5%20,90126,97927,01327,01427,01326,81026,29926,28426,09824,89124,37424,35624,44723,86923,88223,92724,1549,8329,8309,8189,818
Liabilities-1.0%476,096480,700490,868511,960494,718487,627482,124478,935471,970460,984453,628449,661438,316429,210435,453440,168406,520204,447199,108196,800195,519
  Short Term Borrowings5.7%24,82823,48524,45623,67823,42225,68713,7365,1475,2925,2265,6525,8896,0926,2445,70012,69618,21810,40510,3446,3055,178
  Long Term Debt-5.6%38,91841,23244,74969,89543,20331,17230,31933,77335,91337,83737,96937,75339,59741,00842,13365,66241,33925,52022,64024,72923,709
Shareholder's Equity-4.4%59,25362,00763,68162,39460,53760,81162,99965,04469,27168,90068,33667,87670,91269,97368,88366,06166,55832,30331,76430,88330,178
  Retained Earnings-21.0%22,08827,94427,57727,03826,26425,34424,50023,68722,99822,11421,13920,18419,45518,83418,37318,07619,80619,44019,05018,51818,118
  Additional Paid-In Capital0.2%36,17736,11435,99034,58234,54434,48734,41034,53934,56534,97734,89835,36035,84335,77435,67635,58435,6096,9316,8896,8436,849
Shares Outstanding0.0%1,3341,3341,3321,3321,3271,3291,3301,3291,3371,3401,3421,3461,3471,3471,3461,344805765---
Minority Interest-9.0%15216715522.0023.0023.0024.0023.00----10510610616717469.0061.0060.0056.00
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-1.3%2,3762,4073,7301183,5343,7703,965-1884,807-2183,336-33.002,408425-24.004,628-4441,775934-7451,371
  Share Based Compensation----------83.0010086.0073.0010497.0079.0046.0039.0048.0032.0028.00
Cashflow From Investing-40.2%4,9938,34811,567-2,050-10,763-8,404-10,771-34.00-12,134-12,897-10,1443,119-29,565-2,1187,546-19,51517,719-6,559-2,226-586-2,230
Cashflow From Financing40.0%-6,557-10,933-21,88317,1076,4253,7467979,0497,7956,3851,23310,1788,917-2,396-2,67332,170-1,1145,1351,1252071,677
  Dividend Payments0%693693693691689691639637638640602605607607605605345345310309309
  Buy Backs-------250-500-610506-----3.003.00--375

TFC Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest Income   
Interest and fees on loans and leases$ 19,518$ 13,252$ 11,481
Interest on securities3,0662,7632,090
Interest on other earning assets1,872622203
Total interest income24,45616,63713,774
Interest Expense   
Interest on deposits6,3551,145148
Interest on long-term debt2,215791573
Interest on other borrowings1,28638547
Total interest expense9,8562,321768
Net Interest Income14,60014,31613,006
Provision for credit losses2,109777(813)
Net Interest Income After Provision for Credit Losses12,49113,53913,819
Noninterest Income   
Noninterest income8,7908,7199,290
Noninterest Expense   
Personnel expense8,6548,4678,632
Professional fees and outside processing1,3411,4111,442
Software expense929932945
Net occupancy expense715744764
Amortization of intangibles527583574
Equipment expense409478513
Marketing and customer development297352294
Operating lease depreciation175184190
Regulatory costs824183137
Merger-related and restructuring charges375513822
Goodwill, Impairment Loss6,07800
Other expense1,142742803
Total noninterest expense21,46614,58915,116
Earnings   
Income (loss) before income taxes(185)7,6697,993
Provision for income taxes8621,4021,556
Net income (loss)(1,047)6,2676,437
Noncontrolling interests447(3)
Preferred stock dividends and other361333407
Net income (loss) available to common shareholders$ (1,452)$ 5,927$ 6,033
Basic EPS$ (1.09)$ 4.46$ 4.51
Diluted EPS$ (1.09)$ 4.43$ 4.47
Basic weighted average shares outstanding (in shares)1,331,9631,328,1201,337,144
Diluted weighted average shares outstanding (in shares)1,331,9631,338,4621,349,378
Insurance income   
Noninterest Income   
Noninterest income$ 3,354$ 3,043$ 2,627
Wealth management income   
Noninterest Income   
Noninterest income1,3581,3381,392
Investment banking and trading income   
Noninterest Income   
Noninterest income8229951,441
Card and payment related fees   
Noninterest Income   
Noninterest income936944874
Service charges on deposits   
Noninterest Income   
Noninterest income8691,0261,060
Mortgage banking income   
Noninterest Income   
Noninterest income437460734
Lending related fees   
Noninterest Income   
Noninterest income447375349
Operating lease income   
Noninterest Income   
Noninterest income254258262
Securities gains (losses)   
Noninterest Income   
Noninterest income0(71)0
Other income   
Noninterest Income   
Noninterest income$ 313$ 351$ 551

TFC Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and Due from Banks$ 5,072$ 5,379
Interest-bearing deposits with banks25,57216,042
Securities borrowed or purchased under agreements to resell2,3783,181
Trading assets at fair value4,3324,905
AFS securities at fair value67,36671,801
HTM securities (fair value of $44,630 and $47,791, respectively)54,10757,713
LHFS (including $852 and $1,065 at fair value, respectively)1,2801,444
Total loans and leases312,061325,991
ALLL(4,798)(4,377)
Loans and leases, net of ALLL307,263321,614
Premises and equipment3,3703,605
Goodwill20,90127,013
CDI and other intangible assets3,1603,672
Loan servicing rights at fair value3,3783,758
Other assets (including $1,311 and $1,582 at fair value, respectively)37,17035,128
Total assets535,349555,255
Liabilities  
Noninterest-bearing deposits111,624135,742
Interest-bearing deposits284,241277,753
Short-term borrowings (including $1,625 and $1,551 at fair value, respectively)24,82823,422
Long-term debt38,91843,203
Other liabilities (including $2,597 and $2,971 at fair value, respectively)16,48514,598
Total liabilities476,096494,718
Shareholders’ Equity  
Preferred stock6,6736,673
Common stock, $5 par value6,6696,634
Additional paid-in capital36,17734,544
Retained earnings22,08826,264
AOCI, net of deferred income taxes(12,506)(13,601)
Noncontrolling interests15223
Total shareholders’ equity59,25360,537
Total liabilities and shareholders’ equity$ 535,349$ 555,255
Common shares outstanding1,333,7431,326,829
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 Tue Apr 23 2024, market cap of Truist Financial Corp is 51.83 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 Tue Apr 23 2024, TFC's PE ratio (Price to Earnings) is -49.51 and Price to Sales (PS) ratio is 2.12. 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 0.034 (multiply by 100 for percentage) rate of return.