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Truist Financial Corp

TFC.N

Latest Trade

51.17USD

Change

0.10(+0.20%)

Volume

511,841

Today's Range

50.22

 - 

51.36

52 Week Range

24.01

 - 

56.50

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
51.07
Open
50.22
Volume
511,841
3M AVG Volume
113.84
Today's High
51.36
Today's Low
50.22
52 Week High
56.50
52 Week Low
24.01
Shares Out (MIL)
1,348.12
Market Cap (MIL)
69,603.35
Forward P/E
12.97
Dividend (Yield %)
3.49

Next Event

Truist Securities Technology, Internet & Services Conference (Virtual)

Latest Developments

More

Truist Announces Agreements To Sell Its Institutional Retirement Business

Truist Says Board Of Directors Authorized Repurchase Of Up To $2 Bln Of Company's Common Stock Beginning In Q1 Of 2021

Truist Financial Reports Q3 Adjusted Earnings Per Share Of $0.97 Excluding Items

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About Truist Financial Corp

Truist Financial Corp, formerly BB&T Corporation, is a financial holding company. The Company operates through its commercial bank subsidiary, Truist Bank (the Bank). It provides a range of banking services to individuals, businesses and municipalities. It offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It offers a range of other services, including deposits, life insurance, property and casualty insurance, health insurance and commercial general liability insurance on an agency basis and through a wholesale insurance brokerage operation, merchant services, trust and retirement services, comprehensive wealth advisory services, asset management and capital markets services.

Industry

Regional Banks

Contact Info

214 N. Tryon St.

CHARLOTTE, NC

28202

United States

+null.null.3367332000

https://www.truist.com/

Executive Leadership

Kelly S. King

Chairman of the Board, Chief Executive Officer

William H. Rogers

President, Chief Operating Officer, Director

Daryl N. Bible

Chief Financial Officer, Senior Executive Vice President

Scott E. Case

Senior Executive Vice President, Chief Information Officer

Ellen C. Koebler

Senior Executive Vice President and Deputy Chief Risk Officer

Key Stats

2.30 mean rating - 23 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

11.7K

2019

12.7K

2020

22.8K

2021(E)

21.5K
EPS (USD)

2018

3.910

2019

4.040

2020

3.800

2021(E)

3.693
Price To Earnings (TTM)
17.63
Price To Sales (TTM)
3.31
Price To Book (MRQ)
1.13
Price To Cash Flow (TTM)
13.67
Total Debt To Equity (MRQ)
62.58
LT Debt To Equity (MRQ)
57.43
Return on Investment (TTM)
--
Return on Equity (TTM)
1.06

Latest News

Latest News

Huntington buys TCF for $6 billion in U.S. regional bank merger wave

Huntington Bancshares Inc has agreed to buy TCF Financial Corp for $6 billion in stock, marking the latest tie-up among U.S. regional lenders seeking scale.

Spain's BBVA exits U.S. in $11.6 billion deal with PNC

Spain's BBVA <BBVA.MC> is to sell its U.S. business to PNC Financial Services Group Inc <PNC.N> for $11.6 billion in cash in one of the biggest global bank deals this year, which sees yet another European lender retreat from the United States.

Dubai Aerospace Enterprise hires banks for dollar sukuk - document

Dubai Aerospace Enterprise (DAE), one of the world's biggest aircraft leasing companies, has hired banks to arrange investor calls ahead of a planned issuance of U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday.

U.S. banks sweat regulatory exposure from pandemic loans

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses slammed by the fallout of the COVID-19 pandemic.

Federal Reserve announces post-stress test capital ratios for large banks

The U.S. Federal Reserve announced on Monday how much each large bank that underwent its 2020 stress tests will have to hold in additional capital.

Federal Reserve announces post-stress test capital ratios for large banks

The U.S. Federal Reserve announced Monday how much each large bank that underwent its 2020 stress tests will have to hold in additional capital.

Federal Reserve caps bank dividend payments after pandemic analysis

The U.S. Federal Reserve announced on Thursday it will cap big bank dividend payments and bar share repurchases until at least the fourth quarter after finding lenders faced significant capital losses when tested against an economic slump caused by the coronavirus pandemic.

Federal Reserve to cap bank dividend payments following pandemic analysis

The U.S. Federal Reserve announced on Thursday it will cap big bank dividend payments and bar share repurchases until at least the fourth quarter after testing bank finances against a potential severe economic slump from the coronavirus pandemic.

Crisis-hit Wall Street checks in to Zandi's 'impairment studio'

When Wall Street doesn't know where the world economy is heading, it books a session at Mark Zandi's "impairment studio".

RPT-Crisis-hit Wall Street checks in to Zandi's "impairment studio"

When Wall Street doesn't know where the world economy is heading, it books a session at Mark Zandi's "impairment studio".

U.S. RESEARCH ROUNDUP- Arco Platform, Qualcomm, Walt Disney

Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Arco Platform, Qualcomm and Workday, on Thursday. HIGHLIGHTS * Arco Platform Ltd : Credit Suisse cuts to neutral from outperform * Boston Beer Company Inc...

U.S. RESEARCH ROUNDUP-Berkshire Hathaway, DHT Holdings, Novo Nordisk

Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Berkshire Hathaway, DHT Holdings and Novo Nordisk, on Monday. HIGHLIGHTS * Berkshire Hathaway Inc : KBW raises target price to $325,000 from $310,000 * CyrusOne...

MEDIA-Citi, Truist among banks said to offer $1.3 bln of risky loans to unwind swaps - Bloomberg News

-- Note: Reuters has not verified this story and does not vouch for its accuracy

U.S. banks switch to drive-through, ATMs to guard against coronavirus

Banks across the United States announced plans to close branches this week, switching many to drive-through and ATM operations only, as financial institutions work to keep going despite the coronavirus and widespread closures of schools and businesses.

Wall Street tells Trump financial system strong, ready to support borrowers

The U.S. banking industry is strong and ready to help businesses and consumers weather economic fallout from the fast-spreading coronavirus, Wall Street chief executives told President Donald Trump during a meeting at the White House on Wednesday.

White House, major banking heads to talk economic response to coronavirus

President Donald Trump will meet with the heads of some of the largest U.S. banks on Wednesday to discuss the financial industry's response to the coronavirus epidemic and the economic toll it is taking on small businesses, the markets and the economy, according to the White...

Morgan Stanley's E*Trade deal to test Washington's regulatory mood in election year

Morgan Stanley's takeover of brokerage E*Trade Financial Corp reflects a more relaxed regulatory mood in Washington, but it is still a gamble in an election year that will see Democrats continue to shine a spotlight on Wall Street excesses, said analysts.

Texas Capital Bancshares to merge with Independent Bank Group

Texas Capital Bancshares <TCBI.O> and Independent Bank Group Inc <IBTX.O> said on Monday they would combine in a transaction structured as a merger of equals, creating the second-largest lender by assets headquartered in the Lone Star state.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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