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Truist Financial (TFC)

(Real Time Quote from BATS)

$42.08 USD

42.08
2,919,100

-0.74 (-1.73%)

Updated Nov 4, 2024 03:58 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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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

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

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)?

Sector ETF report for KRE

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

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

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

Truist (TFC) Buys Zaloni Assets, Extends Data Management Skills

Truist (TFC) acquires key strategic assets from Zaloni. The investment will help TFC deliver better financial experiences and advance its strategy.

TowneBank (TOWN) to Acquire Farmers Bankshares for $56 Million

TowneBank (TOWN) agrees to acquire Farmers Bankshares for $56 million. The deal is expected to close in the first quarter of 2023.

Truist Financial Corporation (TFC) Up 6.6% Since Last Earnings Report: Can It Continue?

Truist Financial Corporation (TFC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Trustmark (TRMK) Up on Divestiture of Corporate Trust Unit

Trustmark (TRMK) wraps up the divestiture of its Corporate Trust business to The Peoples Bank. This will enable the company to focus on its core operations.

MVB Financial (MVBF) to Buy Integrated Financial for $98M

MVB Financial (MVBF) enters an all-stock deal worth $98 million to acquire Integrated Financial.

JPMorgan (JPM) Closes Buyout of Ireland-Based Global Shares

To improve product suite and digitize operations outside the United States, JPMorgan (JPM) acquires fintech firm Global Shares.

    Truist Financial (TFC) Agrees to Buy BenefitMall From Carlyle

    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

    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

    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%

    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

    Higher revenues and lower expenses support UBS' Q2 earnings.

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

    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

    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

    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

    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

    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

    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

    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

    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

    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.