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Truist Financial (TFC)

(Delayed Data from NYSE)

$42.82 USD

42.82
6,304,922

-0.23 (-0.53%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $42.83 +0.01 (0.02%) 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 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%.

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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

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.

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.