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Truist Financial (TFC)

(Delayed Data from NYSE)

$42.41 USD

42.41
9,975,097

-0.03 (-0.07%)

Updated Jul 19, 2024 04:00 PM ET

Pre-Market: $42.05 -0.36 (-0.85%) 9:20 AM 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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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C Value F Growth A Momentum D 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 12% (31 out of 250)

Industry: Banks - Major Regional

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Zacks News

Truist Financial, formed following the ‘merger of equals’ deal between BB&T Corp and SunTrust Banks, is the sixth largest bank in the United States. The company — headquartered in Charlotte, NC — conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries. Truist Bank — through more than 2,880 banking offices and 4,237 automated telling machines (ATMs) — offers a variety of services to consumer and commercial clients.

KeyCorp (KEY) Down as Q3 Earnings Lag Estimates on Provisions

by Zacks Equity Research

Higher rates, solid commercial loan demand and a rise in NII support KeyCorp's (KEY) Q3 earnings amid subdued fee income performance and higher credit costs.

Northern Trust (NTRS) Q3 Earnings & Revenues Miss Estimates

by Zacks Equity Research

A rising expense base and declining assets under management hamper Northern Trust's (NTRS) Q3 results against higher revenues due to a rise in NII.

First Horizon (FHN) Q3 Earnings Miss Estimates, Revenues Beat

by Zacks Equity Research

First Horizon's (FHN) Q3 results reflect strong NII growth and high loan and lease balances. A fall in non-interest income and higher provisions are headwinds.

Citizens Financial (CFG) Q3 Earnings Beat, Revenues Rise Y/Y

by Zacks Equity Research

Interest-earning asset growth drives NII for Citizens Financial (CFG) in Q3, while a rise in expenses dents bottom-line growth.

M&T Bank (MTB) Q3 Earnings Miss on Higher Costs, Provisions

by Zacks Equity Research

Rising provisions, absence of loan growth, dismal non-interest income performance and higher costs hurt M&T Bank's (MTB) Q3 earnings. These weigh on investor sentiments as stock tanks in pre-market trading.

Truist Financial (TFC) Q3 Earnings Miss, Revenues Rise Y/Y

by Zacks Equity Research

Truist Financial (TFC) records a rise in revenues and lower expenses in the third quarter of 2022.

Truist Financial Corporation (TFC) Q3 Earnings and Revenues Lag Estimates

by Zacks Equity Research

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of -1.59% and 1.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Bank of America (BAC) Q3 Earnings and Revenues Top Estimates

by Zacks Equity Research

Bank of America (BAC) delivered earnings and revenue surprises of 2.53% and 3.84%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Wells Fargo (WFC) Q3 Earnings Beat, Provisions & Mortgage Hurt

by Zacks Equity Research

Rising rates, decent loan demand and robust trading aid Wells Fargo's (WFC) Q3 earnings amid muted mortgage banking performance and higher credit costs on worsening economic outlook.

JPMorgan's (JPM) Q3 Earnings Beat, High Credit Costs Ail

by Zacks Equity Research

High interest rates, solid loan demand and robust trading aid JPMorgan's (JPM) Q3 earnings amid a rise in credit costs on deteriorating economic outlook and muted IB and mortgage banking performance.

NII, Loans to Aid Truist (TFC) Q3 Earnings Amid Soft Fee Income

by Zacks Equity Research

Higher interest rates and decent loan growth are likely to have aided NII, which might have supported Truist Financial's (TFC) Q3 earnings amid subdued fee income performance and a rise in provisions.

Northern Trust Corporation (NTRS) Earnings Expected to Grow: Should You Buy?

by Zacks Equity Research

Northern Trust Corporation (NTRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Truist Financial Corporation (TFC) Q3 Earnings Expected to Decline

by Zacks Equity Research

Truist Financial Corporation (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.

The Zacks Analyst Blog Highlights PepsiCo, Thermo Fisher Scientific, Canadian National Railway, Occidental Petroleum and Truist Financial

by Zacks Equity Research

PepsiCo, Thermo Fisher Scientific, Canadian National Railway, Occidental Petroleum and Truist Financial are included in this Analyst Blog.

Sheraz Mian headshot

Top Stock Reports for PepsiCo, Thermo Fisher Scientific & Canadian National Railway

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including PepsiCo, Inc. (PEP), Thermo Fisher Scientific Inc. (TMO) and Canadian National Railway Company (CNI).

Is SPDR S&P Regional Banking ETF (KRE) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for KRE

Citizens (CFG) to Buy Online Planning Firm College Raptor

by Zacks Equity Research

Citizens (CFG) announces a deal to buy College Raptor, a digital college planning service provider. The acquisition is in sync with its efforts to enhance revenue growth capabilities.

JPMorgan (JPM) to Buy Renovite, Expand Payments Processing

by Zacks Equity Research

JPMorgan's (JPM) planned acquisition of Renovite is expected to bolster its payments processing capabilities.

Truist (TFC) to Buy BankDirect From Texas Capital for $3.4B

by Zacks Equity Research

Truist Financial (TFC) further strengthens its insurance business with a deal to acquire BankDirect for $3.4 billion in cash from Texas Capital (TCBI).

UBS Group (UBS) and Wealthfront Terminate Merger Agreement

by Zacks Equity Research

UBS Group (UBS) will purchase a $69.7-million note convertible into Wealthfront shares.

First Commonwealth (FCF) to Acquire Centric for $144 Million

by Zacks Equity Research

First Commonwealth (FCF) signs an all-stock merger deal with Centric for $144 million. Per the agreement, the latter will merge with and into the former.

Should You Invest in the SPDR S&P Regional Banking ETF (KRE)?

by Zacks Equity Research

Sector ETF report for KRE

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

by Zacks Equity Research

Sector ETF report for IAT

Truist Financial Corporation (TFC) Stock Moves -0.52%: What You Should Know

by Zacks Equity Research

Truist Financial Corporation (TFC) closed at $47.94 in the latest trading session, marking a -0.52% move from the prior day.

UBS Agrees to Divest Its Feeder Fund Platform to iCapital

by Zacks Equity Research

UBS signs an agreement to sell its U.S. alternative investments feeder fund platform, UBS Fund Advisor, to iCapital.