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Truist Financial (TFC)

(Delayed Data from NYSE)

$42.82 USD

42.82
6,304,922

-0.23 (-0.53%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $42.83 +0.01 (0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 4% (9 out of 250)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

Truist Financial (TFC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Truist Financial (TFC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Truist Financial's Q3 Earnings Beat as NII & Fee Income Rise

Balance sheet repositioning drives TFC's Q3 NII higher. This, along with a rise in fee income, and the decline in provisions and expenses, support earnings.

Truist Financial Corporation (TFC) Beats Q3 Earnings and Revenue Estimates

Truist Financial (TFC) delivered earnings and revenue surprises of 8.99% and 0.69%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

U.S. Bancorp (USB) Q3 Earnings Beat Estimates

U.S. Bancorp (USB) delivered earnings and revenue surprises of 3% and 0.68%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Higher NII to Aid Truist's Q3 Earnings, Lower Fee Income to Hurt

Modest NII growth and fee income growth are likely to have aided TFC's third-quarter 2024 earnings but higher provisions and expenses are likely to have hurt.

The PNC Financial Services Group, Inc (PNC) Q3 Earnings and Revenues Beat Estimates

The PNC Financial Services Group (PNC) delivered earnings and revenue surprises of 6.08% and 1.25%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Seeking Clues to Truist Financial (TFC) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Besides Wall Street's top -and-bottom-line estimates for Truist Financial (TFC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

BNY Mellon Gains on Q3 Earnings Beat, Revenues & AUM Rise Y/Y

BK's third-quarter 2024 results rise on the back of higher revenues and AUM growth. However, a rise in expenses and provisions remains spoilsport.

Truist Financial Corporation (TFC) Earnings Expected to Grow: Should You Buy?

Truist Financial (TFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Industry Outlook JPMorgan, U.S. Bancorp,Truist Financial and The Bank of New York Mellon

JPMorgan, U.S. Bancorp,Truist Financial and The Bank of New York Mellon have been highlighted in this Industry Outlook article.

Swayta Shah headshot

4 Major Regional Bank Stocks to Watch as Fed Cuts Interest Rates

High funding costs and poor asset quality will hurt Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand, decent economic growth and business restructuring efforts are likely to aid industry players like JPM, USB, TFC and BK.

Restructuring Efforts, Lower Rates to Boost KEY Amid Asset Quality Woes

KeyCorp remains well-placed for growth on balance sheet repositioning, minority stake by BNS and lower rates despite weak asset quality and rising expenses.

Should iShares Morningstar Mid-Cap Value ETF (IMCV) Be on Your Investing Radar?

Style Box ETF report for IMCV

Should You Invest in the iShares U.S. Regional Banks ETF (IAT)?

Sector ETF report for IAT

KeyCorp to Incur $700M Loss in Q3 on Balance Sheet Repositioning

KEY sells low-yielding securities worth $7 billion. This strategic balance sheet repositioning will likely result in a one-time loss of $700 million in Q3.

Here are the Reasons for 18.5% Jump in KeyCorp Stock in a Month

KEY shares soar 18.5% in a month. Here, we check out the reasons behind the bullish investor sentiments and analyze the stock's upside potential.

KeyCorp Receives First Phase of Investment From Scotiabank

BNS investments 0.8 billion in KEY as part of an agreement announced on Aug. 12. The company now owns almost a 4.9% stake in KEY.

Mark Vickery headshot

Top Analyst Reports for Costco, Merck & Linde

Today's Research Daily features new research reports on 16 major stocks, including Costco Wholesale Corporation (COST), Merck & Co., Inc. (MRK) and Linde plc (LIN), as well as two micro-cap stocks Hamilton Beach Brands Holding Company (HBB) and Armanino Foods of Distinction, Inc. (AMNF).

Are Finance Stocks Lagging Bankinter (BKNIY) This Year?

Here is how Bankinter SA (BKNIY) and Truist Financial Corporation (TFC) have performed compared to their sector so far this year.

KeyCorp (KEY) Stock Hits 52-Week High on Minority Stake Sale

KeyCorp (KEY) touches a 52-week high on the news of strategic investment by the Bank of Nova Scotia (BNS). The initiative is expected to be accretive to KeyCorp's 2025 and 2026 earnings and drive NII.

Red River Bancshares (RRBI) Amends Share Repurchase Program

Red River Bancshares (RRBI) announces a reduction of $3 million in its 2024 repurchase plan in light of a privately negotiated share buyback transaction of the same amount with two of its shareholders.

Zacks Industry Outlook JPMorgan,U.S. Bancorp and Truist Financial

JPMorgan,U.S. Bancorp and Truist Financial have been highlighted in this Industry Outlook article.

Swayta Shah headshot

3 Stocks From the Prospering Major Regional Banks Industry

High funding costs and weakening asset quality will hurt Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand, decent economic growth and business restructuring efforts are likely to aid industry players like JPMorgan (JPM), U.S. Bancorp (USB) and Truist (TFC).

TFC or PNC: Which Is the Better Value Stock Right Now?

TFC vs. PNC: Which Stock Is the Better Value Option?