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Truist Financial (TFC)

(Real Time Quote from BATS)

$41.76 USD

41.76
2,075,800

+0.04 (0.10%)

Updated Oct 2, 2024 01:18 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 F 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 36% (91 out of 252)

Industry: Banks - Major Regional

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Zacks News

Truist Financial (TFC) Agrees to Buy BenefitMall From Carlyle

by Zacks Equity Research

Truist Financial's (TFC) subsidiary, Truist Insurance Holdings, agrees to acquire BenefitMall from funds managed by Carlyle.

The Zacks Analyst Blog Highlights Wells Fargo, Matador Resources, Cintas, Truist Financial and MSCI

by Zacks Equity Research

Wells Fargo, Matador Resources, Cintas, Truist Financial and MSCI are included in this Analyst Blog.

Tirthankar Chakraborty headshot

5 Stocks That Just Increased Their Dividends

by Tirthankar Chakraborty

Of late, Wells Fargo (WFC), Matador Resources (MTDR), Cintas (CTAS), Truist Financial (TFC) and MSCI (MSCI) have increased their dividend payments.

Cadence (CADE) Q2 Earnings Beat Estimates, Stock Rises 2.1%

by Zacks Equity Research

Higher NII and a rise in fee income support Cadence's (CADE) Q2 earnings. However, an increase in expenses seems to be a cause of concern.

UBS' Q2 Earnings Improve Y/Y on Higher NII, Lower Costs

by Zacks Equity Research

Higher revenues and lower expenses support UBS' Q2 earnings.

Bank of Hawaii (BOH) Q2 Earnings Top Estimates, Stock Up 1.8%

by Zacks Equity Research

Higher NII supports the Bank of Hawaii's (BOH) Q2 earnings. However, a weak capital position is a matter of concern.

SVB Financial (SIVB) Stock Dips on Q2 Earnings Miss, Costs Rise

by Zacks Equity Research

SVB Financial (SIVB) records a rise in revenues in the second quarter of 2022. However, higher expenses hurt results to some extent.

BankUnited (BKU) Gains Despite Q2 Earnings Miss, Revenues Rise

by Zacks Equity Research

BankUnited (BKU) records increases in revenues, expenses and provisions in the second quarter of 2022.

Regions Financial (RF) Q2 Earnings Beat, Revenues Rise Y/Y

by Zacks Equity Research

Regions Financial's (RF) Q2 earnings witness a positive surprise on improving NII and average loan balances. Yet, a rise in expenses and higher provision for credit losses act as spoilsports.

Fifth Third Bancorp (FITB) Q2 Earnings Miss Estimates, NII Up

by Zacks Equity Research

Fifth Third (FITB) records a year-over-year increase in NII in Q2. However, a rise in provision for credit losses and a fall in non-interest income hurt.

Huntington (HBAN) Q2 Earnings Beat on Revenue Growth, Loans Up

by Zacks Equity Research

Net interest income growth and lower expenses drive Huntington's (HBAN) Q2 earnings. Improved credit metrics are encouraging.

KeyCorp (KEY) Q2 Earnings Beat Estimates on Higher NII, Loans

by Zacks Equity Research

An increase in NII and loan growth supports KeyCorp's (KEY) Q2 earnings despite headwinds like modestly higher expenses, fall in fee income and rise in provisions.

Comerica (CMA) Q2 Earnings Surpass Estimates, NII Rises

by Zacks Equity Research

High NII supports Comerica's (CMA) second-quarter earnings. However, an increase in expenses and a fall in fee income hurt.

Northern Trust (NTRS) Q2 Earnings Miss, Revenues Rise Y/Y

by Zacks Equity Research

Higher revenues, resulting from a rise in fee income and NII, support Northern Trust's (NTRS) Q2 results against a rising expense base and declining assets under management.

M&T Bank (MTB) Q2 Earnings Meet Estimates, NII Rises on Loans

by Zacks Equity Research

M&T Bank (MTB) witnesses a rise in revenues in Q2 on a higher NII and fee income. However, cost and credit woes prevail.

Company News for Jul 20, 2022

by Zacks Equity Research

Companies in The News Are: BA, NVS, TFC, IBM

Truist (TFC) Q2 Earnings Beat Estimates as Loans & Rates Rise

by Zacks Equity Research

Rise in average loan balance, higher interest rates and increase in insurance income support Truist Financial's (TFC) Q2 earnings.

Truist Financial Corporation (TFC) Q2 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 2.56% and 0.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

NII, Loans, Fee Income to Aid Truist Financial (TFC) Q2 Earnings

by Zacks Equity Research

Higher interest rates support NII, which along with a rise in loan demand and decent fee income growth, are expected to have supported Truist Financial's (TFC) Q2 earnings.

What's in the Cards for Regions Financial's (RF) Q2 Earnings?

by Zacks Equity Research

An improved lending scenario is expected to have driven Regions Financial's (RF) NII in Q2. Higher fee income is expected to have acted as another tailwind.

Bank of America (BAC) Misses Q2 Earnings and Revenue Estimates

by Zacks Equity Research

Bank of America (BAC) delivered earnings and revenue surprises of -5.19% and 1.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ally Financial (ALLY) to Report Q2 Earnings: What's in Store?

by Zacks Equity Research

Ally Financial (ALLY) is expected to have recorded a rise in fee revenues in the second quarter of 2022.

What's in the Cards for Huntington (HBAN) in Q2 Earnings?

by Zacks Equity Research

Despite an improvement in the lending scenario and a rise in fee income and NII, high expenses are expected to have acted as spoilsports for Huntington's (HBAN) Q2 earnings.

Trading Business, Higher Rates to Aid Schwab (SCHW) Q2 Earnings

by Zacks Equity Research

Driven by the rise in volatility, Schwab (SCHW) is expected to have witnessed growth in second-quarter 2022 trading revenues.

The PNC Financial Services Group, Inc (PNC) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

The PNC Financial Services Group, Inc (PNC) delivered earnings and revenue surprises of 9.97% and 0.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?