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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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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.

Fifth Third (FITB) Q1 Earnings Beat on Recapture of Provisions

Fifth Third (FITB) Q1 earnings top estimates on higher revenues, benefits from credit losses and a robust capital position.

Top Ranked Income Stocks to Buy for April 19th

TFC, ESCA, FHB, and BRT made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 19, 2021

M&T Bank (MTB) Q1 Earnings Beat on Recapture of Provisions

M&T Bank's (MTB) Q1 performance highlights strong capital position, higher loans balance and lower provisions.

State Street (STT) Q1 Earnings Beat on Higher Fee Income

Increase in fee income and provision benefits support State Street's (STT) Q1 earnings amid lower interest rates.

PNC Financial (PNC) Q1 Earnings Beat on Decline in Provisions

PNC Financial's (PNC) Q1 performance highlights strong capital position, higher fee income and lower provisions.

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Bank Stock Roundup: JPM, WFC, BAC, C, TFC & USB in Focus as Q1 Earnings Begin

Q1 earnings start on a positive note with banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), U.S. Bancorp (USB) & Truist (TFC) surpassing estimates on reserve releases and solid fee income performance.

Truist Financial (TFC) Q1 Earnings Top, Revenues Lag Estimates

Robust results from the insurance business and investment banking support Truist Financial's (TFC) Q1 earnings amid low rates and weak loan demand.

Truist Financial Corporation (TFC) Surpasses Q1 Earnings Estimates

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 5.36% and -0.07%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

JPMorgan (JPM) Q1 Earnings Beat on Reserve Release, Fee Income

Strong trading, investment banking and mortgage banking performance as well as big reserve release support JPMorgan's (JPM) Q1 earnings amid low rates and weak loan demand.

Muted Loan Demand to Hurt Truist Financial (TFC) Q1 Earnings

Soft loan demand and not so impressive non-interest income performance are expected to have hurt Truist Financial's (TFC) Q1 earnings.

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

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.

Northwest Bancshares (NWBI) to Divest Insurance Business Unit

Northwest Bank, subsidiary of Northwest Bancshares (NWBI), announces agreement to sell insurance business to USI Insurance Services.

Global Payments (GPN) to Offer Card Processing to UMB Bank

Global Payments (GPN) inks a deal with UMB Bank to provide card processing services for managing the latter's card portfolios.

JPMorgan (JPM) to Shift Mexico Wealth Clients to Banco Bilbao

JPMorgan (JPM) plans to shut its private banking business in Mexico. Thus, it is referring its Mexico wealth management clients to Banco Bilbao's Mexico unit.

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FDIC-Insured Banks' Q4 Earnings Up, NIM Shrinks on Low Rates

Lower provisions & rise in fee income aid FDIC-insured banks' Q4 earnings. Driven by these factors, big banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC) & Truist Financial (TFC) have seen growth in financials.

Wells Fargo (WFC) Enters Deal to Divest Asset Management Unit

Wells Fargo (WFC) continues to remodel its business with a view to improve performance, which has long been hampered by involvement in legal issues.

Truist Financial Corporation (TFC) Up 12.8% 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.

Truist Financial's (TFC) Q4 Earnings Beat as Provisions Fall

Decline in credit costs and rise in revenues support Truist Financial's (TFC) Q4 earnings amid disappointing loan demand and lower rates.

Why Truist (TFC) Might Surprise This Earnings Season

Truist (TFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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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4 Key Themes to Dominate Major U.S. Banking Space in 2021

After a torrid but resilient 2020, let's see what's in store for major banks like JPMorgan (JPM), Citi (C), BofA (BAC), Wells Fargo (WFC), PNC Financial (PNC), Truist Financial (TFC) & U.S. Bancorp (USB) this year.

Strong Investment Banking to Support BofA (BAC) Q4 Earnings

Despite low interest rates and soft lending scenario, robust investment banking performance and trading are expected to have aided BofA's (BAC) Q4 earnings.

Soft Loan Demand to Hurt Truist Financial (TFC) Q4 Earnings

Weak lending scenario and low rates are expected to have hurt Truist Financial's (TFC) Q4 earnings despite some support from certain fee income components.

Trading & Underwriting to Aid Morgan Stanley (MS) Q4 Earnings

Robust trading and underwriting businesses, and the E*Trade Financial buyout are likely to have supported Morgan Stanley's (MS) Q4 earnings.

Will Lower Revenues Affect Comerica's (CMA) Q4 Earnings?

Soft interest income due to low rates and weak fee income might have hurt Comerica's (CMA) Q4 earnings.