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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.

Truist Financial Corporation (TFC) Q3 Earnings and Revenues Beat Estimates

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 18.33% and 1.41%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

BofA (BAC) Up as Q3 Earnings Top on M&A Fees, Upbeat Lending

Solid advisory business performance, higher demand for loans and large reserve release support BofA's (BAC) Q3 earnings. This turns investors bullish as the stock gains in pre-market trading.

Modest Loan Growth to Aid Truist Financial (TFC) Q3 Earnings

A slight improvement in the lending scenario and reserve releases are likely to extend support to Truist Financial's (TFC) Q3 earnings.

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

Truist Financial Corporation (TFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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FDIC-Insured Banks' Q2 Earnings Up, Loans Rise, NIM Shrinks

Negative provisions, higher non-interest income, and rise in loan balance aid FDIC-insured banks' Q2 earnings. Thus, major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), & Truist Financial (TFC) record growth in financials.

Goldman's (GS) Buyout of NN Investment to Boost Europe Presence

Goldman Sachs' (GS) deal to acquire NN Investment from NN Group in an all-cash transaction will expand its Europe fiduciary management business.

U.S. Bancorp (USB) Grows Digital Payment Ability, Buys Bento

U.S. Bancorp's (USB) agreement to acquire Bento Technologies will combine accounts receivable and payable software by respective companies to offer a comprehensive payments and banking platform.

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Bank Stock Roundup: C, TFC, JPM, USB in Focus on Business Restructuring Efforts

Business restructuring initiatives and robust economic growth are likely to support major banks including Citigroup (C), Truist Financial (TFC), JPMorgan (JPM) and U.S. Bancorp (USB).

Truist (TFC) to Expand POS Business, Acquire Service Finance

Truist Financial's (TFC) efforts to expand its lucrative POS lending business through the acquisition of Service Finance will go a long way in supporting revenue growth and be accretive to earnings.

Why Truist Financial Corporation (TFC) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

KeyCorp (KEY) Q2 Earnings Beat Estimates on Higher Fee Income

Growth in fee income, slightly higher loan balance and reserve releases support KeyCorp's (KEY) Q2 earnings amid lower interest rates.

Company News for Jul 16, 2021

Companies In The News Are: UNH, MS, USB, TFC

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Bank Stock Roundup: JPM, WFC, BAC, C, TFC & PNC in Focus as Q2 Earnings Start

Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve releases and decent fee income performance.

Truist Financial (TFC) Q2 Earnings & Revenues Beat Estimates

Provision benefits and support from major fee income components drive Truist Financial's (TFC) Q2 earnings amid lower rates and declining loan balance.

Truist Financial Corporation (TFC) Beats Q2 Earnings and Revenue Estimates

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 32.48% and 3.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Weak Loan Demand to Hurt Truist Financial (TFC) Q2 Earnings

Soft lending scenario and lower rates are likely to have hurt Truist Financial's (TFC) Q2 earnings. Rise in insurance commission and card fees, along with lower provisions, might have offered support.

Decent Investment Banking to Support BofA (BAC) Q2 Earnings

Amid lower rates, weak lending scenario and dismal trading activities, decent investment banking performance might have supported BofA's (BAC) Q2 earnings to some extent.

Truist Financial Corporation (TFC) Reports Next Week: Wall Street Expects Earnings Growth

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.

PNC Closes BBVA USA Merger Deal, Boosts Nationwide Expansion

In a bid to penetrate deeper into the national markets, PNC concludes its merger deal with BBVA USA on Jun 1, 2021.

United Community (UCBI) Inks Deal to Buy Aquesta Financial

United Financial's (UCBI) will acquire Aquesta, which aligns with the company's plans to expand into attractive and fast-growing markets.

The Zacks Analyst Blog Highlights: JPMorgan, Bank of America, Citigroup, Wells Fargo and Truist Financial

The Zacks Analyst Blog Highlights: JPMorgan, Bank of America, Citigroup, Wells Fargo and Truist Financial

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    FDIC-Insured Banks' Q1 Earnings Up, NIM & Loan Balance Shrink

    Negative provisions, higher non-interest income and solid rise in deposit aid FDIC-insured banks' Q1 earnings. Thus, major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC) & Truist Financial (TFC) see growth in financials.

    Truist Financial (TFC) to Buy Constellation Affiliated Partner

    Truist Insurance Holdings, a Truist Financial (TFC) arm, will acquire insurance distribution platform Constellation Affiliated Partners, which aligns with the company's plans to solidify insurance operations.

    PNC Financial (PNC) Gets Regulatory Nod for BBVA USA Merger Deal

    PNC Financial's (PNC) proposed acquisition of BBVA USA, as part of the bank's efforts to expand presence in international markets receives necessary regulatory approvals.

    Truist (TFC) Gains From Loan Balance & Fee Income Amid Low Rates

    Strong loan balance, efforts to improve fee income and solid balance sheet will keep supporting Truist Financial (TFC) despite lower rates and elevated expenses.