Back to top
more

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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

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

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%.

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

Top 17% (42 out of 251)

Industry: Banks - Major Regional

Better trading starts here.

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.

Popular (BPOP) Inks a Deal with Evertec, Amends Contracts

Popular (BPOP) inks a strategic agreement with Evertec to acquire customer channels. The firms also renegotiate current commercial contracts with each other.

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

    Sector ETF report for IAT

    Citizens (CFG) Closes Buyout of 80 HSBC East Coast Branches

    Citizens Financia's (CFG) acquisition of 80 east coast branches and the national online deposit business from HSBC expands its physical presence in strategic markets and enhances the balance sheet.

      Truist Financial Corporation (TFC) Up 0.2% 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.

      Hancock Whitney (HWC) Enters Into Relationship With Cetera

      Hancock Whitney (HWC) announces a relationship with Cetera Financial in a bid to offer its clients enhanced broker-dealer and investment advisory services.

      Webster Financial (WBS) Snaps Up Bend Financial for HSA Bank

      Webster Financial's (WBS) buyout of Bend Financial will enable its arm, HSA Bank, to advance its digital experience initiative and equip consumers to better understand their healthcare savings accounts.

      Fidelity (FIS) Buys Payrix, Boosts E-commerce Capabilities

      Fidelity's (FIS) acquisition of Payrix allows the former to combine the latter's automated underwriting and onboarding capabilities with its own portfolio of payment assets to serve SMB e-commerce.

      Truist Financial (TFC) Subsidiary to Buy Kensington Vanguard

      Truist Financial's (TFC) subsidiary, Truist Insurance, has entered an agreement to acquire Kensington Vanguard. The transaction is expected to expand its business in title insurance.

      KeyCorp (KEY) Up as Q4 Earnings Beat on Higher Fee Income

      Higher fee income, improved deposit balance and fall in provisions support KeyCorp's (KEY) Q4 results despite lower rates, a decline in loan balance and rise in costs.

      Company News for Jan 19, 2022

      Companies In The News Are: GS, SCHW, TFC, SI.

      Truist (TFC) Q4 Earnings Beat on Fee Income, Lower Expenses

      Rise in non-interest income, marginal loan growth, reserve release and lower costs support Truist Financial's (TFC) Q4 results amid lower rates.

      Truist Financial Corporation (TFC) Tops Q4 Earnings Estimates

      Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 9.52% and 0.52%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

      Daniel Laboe headshot

      This Abbreviated Trading Week Will Not Be Short Of Earnings Excitement

      I expect this week to set the tone for the remainder of this earnings season

      JPMorgan (JPM) Q4 Earnings Beat on M&A Boom, Reserve Release

      Solid advisory business performance, a decent rise in loans and credit release support JPMorgan's (JPM) Q4 earnings amid lower rates, and weak trading and mortgage banking performance.

      Citigroup (C) Q4 Earnings Top Estimates

      Citigroup (C) delivered earnings and revenue surprises of 5.04% and 0.23%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

      Loans, Lower Costs to Aid Truist Financial (TFC) Q4 Earnings

      Decent rise in loan demand, solid investment banking and insurance business performances, reserve releases and lower costs are likely to have aided Truist Financial's (TFC) Q4 earnings.

      Truist Financial Corporation (TFC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

      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.

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

      Sector ETF report for IAT

      The Zacks Analyst Blog Highlights: PNC Financial, Truist Financial, Fifth Third Bancorp, Bank of New York Mellon and Comerica

      The Zacks Analyst Blog Highlights: PNC Financial, Truist Financial, Fifth Third Bancorp, Bank of New York Mellon and Comerica

      Swayta Shah headshot

      Bank Stock Roundup: PNC, TFC, FITB, BK, CMA & KEY in Focus on Q3 Earnings Beat

      Major banks including PNC, TFC, FITB, BK, CMA, & KEY surpass Q3 earnings estimates on robust fee income growth, a modest rise in loan demand, and reserve releases. An upbeat management outlook leads to bullish investor sentiments.

      KeyCorp (KEY) Up as Q3 Earnings Beat on Higher Fee Income

      Rise in revenues and provision benefit support KeyCorp's (KEY) Q3 earnings while fall in loan balance and higher costs hurt.

      BNY Mellon (BK) Beats on Q3 Earnings as Fee Income Improves

      Rise in fee income, provision benefits, and higher assets under management balance support BNY Mellon's (BK) Q3 results.

      Company News for Oct 18, 2021

      Companies in the news are: BMI, SCHW, JBHT, TFC

      Truist Financial (TFC) Q3 Earnings Beat Despite Higher Costs

      Truist Financial (TFC) records a marginal rise in revenues in the third quarter of 2021.