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Truist Financial (TFC)

(Delayed Data from NYSE)

$43.84 USD

43.84
10,156,286

+1.97 (4.71%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $43.77 -0.07 (-0.16%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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2-Buy of 5   2      

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 17% (42 out of 251)

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.

Cambridge (CATC) Stock Up on $63M Merger Deal With Northmark

Cambridge (CATC) agrees to buy Northmark in an all-stock transaction valued at $63 million in order to expand its presence in Massachusetts.

Fulton Financial (FULT) Gets Regulatory Nod to Buy Prudential

Fulton Financial (FULT) receives approval from the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities for its merger with Prudential.

Truist Financial Corporation (TFC) Down 11.8% Since Last Earnings Report: Can It Rebound?

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.

Carlyle (CG) to Acquire ManTech for $4.2B in an All-Cash Deal

Carlyle (CG) inks an all-cash deal to acquire ManTech for $4.2 billion. The deal can help Carlyle leverage ManTech's sector expertise and resources to accelerate growth and innovation.

Huntington Bancshares (HBAN) Unit Buys Payment Fintech Torana

Huntington's (HBAN) subsidiary acquires Digital Payments Torana to enhance its digital capabilities and enterprise payments strategy.

    Fifth Third (FITB) Closes Its Acquisition of Dividend Finance

    Fifth Third (FITB) acquires Dividend Finance, a leading fintech point-of-sale lender, to enhance its digital service capabilities and renewable energy portfolio.

    Carlyle (CG) Inks Deal to Buy NSM Insurance for $1.775B

    Carlyle (CG) will leverage NSM Insurance's market-leading specialty insurance distribution platform through the buyout from White Mountains.

    KeyCorp (KEY) Expands Digital Offerings, Acquires GradFin

    KeyCorp's (KEY) acquisition of GradFin is in sync with its plans to strengthen digital product offering capabilities.

    Truist Financial (TFC) Buys Gamified Finance App Long Game

    Truist Financial (TFC) acquires Long Game, the pioneer in gamified finance mobile applications, to help its clients build financial wellness.

    Sallie Mae (SLM) Q1 Earnings Lag Estimates, NII and Loans Rise

    While a higher net interest income drives Sallie Mae's (SLM) Q1 results, muted fee income and increased expenses act as spoilsports.

    Prosperity Bancshares (PB) Gains on Q1 Earnings Beat, Costs Up

    Prosperity Bancshares (PB) records a decline in revenues and marginally higher expenses in the first quarter of 2022.

    Navient (NAVI) Q1 Earnings Surpass Estimates, NII Falls Y/Y

    A fall in NII and non-interest income hinders Navient's (NAVI) Q1 results. A rise in provisions acts as a headwind, while lower expenses have aided.

    Zions (ZION) Stock Down Despite Q1 Earnings Beat, Revenues Dip

    Zions (ZION) records a decline in revenues and higher expenses in the first quarter of 2022.

    SVB Financial (SIVB) Stock Up on Q1 Earnings Beat, Costs Rise

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

    East West Bancorp (EWBC) Q1 Earnings Beat, Stock Declines

    East West Bancorp (EWBC) records a rise in revenues and lower expenses in the first quarter of 2022.

    Hilltop Holdings (HTH) Stock Dips on Q1 Earnings Lag, Costs Down

    Hilltop Holdings (HTH) records a fall in revenues and expenses in the first quarter of 2022.

    KeyCorp (KEY) Down as Q1 Earnings Miss on Higher Provisions

    Lower fee income and increased provisions hurt KeyCorp's (KEY) Q1 earnings. Robust loan demand resulting in higher NII and a marginal decline in costs are tailwinds.

    Truist (TFC) Q1 Earnings Beat on Provision Benefit, Higher Loans

    Provision benefits and rise in demand for loans support Truist's (TFC) Q1 earnings. A decline in the top line and higher costs act as undermining factors.

    Truist Financial Corporation (TFC) Tops Q1 Earnings Estimates

    Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 9.82% and 3.45%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

    Citigroup (C) Q1 Earnings and Revenues Top Estimates

    Citigroup (C) delivered earnings and revenue surprises of 16.09% and 6.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

    Fee Income Woes to Hurt Truist Financial (TFC) Q1 Earnings

    Subdued fee income and higher expenses are expected to have hurt Truist Financial's (TFC) Q1 earnings, despite decent improvement in loan demand.

    The Zacks Analyst Blog Highlights Tesla, Cisco Systems, Advanced Micro Devices, CSX, Truist Financial and The TJX Companies

    Tesla, Cisco Systems, Advanced Micro Devices, CSX, Truist Financial and The TJX Companies have been included in this Analyst Blog.

    Sheraz Mian headshot

    Top Analyst Reports for Tesla, Cisco & AMD

    Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), Cisco Systems, Inc., (CSCO) and Advanced Micro Devices, Inc. (AMD)

    Huntington (HBAN) Expands IB Business, to Acquire Capstone

    Huntington (HBAN) inks an agreement to acquire Capstone. The deal is set to expand the company's capital markets offerings to middle-market commercial banking customers.