Back to top
more

Truist Financial (TFC)

(Delayed Data from NYSE)

$41.72 USD

41.72
7,834,928

-1.05 (-2.45%)

Updated Oct 1, 2024 04:00 PM ET

After-Market: $41.72 0.00 (0.00%) 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

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 F Growth A 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 35% (88 out of 251)

Industry: Banks - Major Regional

Better trading starts here.

Zacks News

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

Swayta Shah headshot

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.

Citigroup (C) Q4 Earnings Top Estimates on Reserve Releases

Citigroup (C) Q4 earnings up year on year on reserve releases, market revenue rise and solid equity underwriting business, muted by low debt underwriting and advisory revenues, and high expenses.

JPMorgan (JPM) Q4 Earnings Beat on Reserve Release, Fee Income

Improvement in fee income components - trading, investment banking and mortgage - along with reserve releases supports JPMorgan's (JPM) Q4 earnings amid low rates and weak loan demand.

State Street (STT) to Report Q4 Earnings: What's in Store?

While low rates are likely to have hurt State Street's (STT) Q4 earnings, fee revenues and manageable expense level might have offered some support.

Truist (TFC) Signs Deals to Sell Institutional Retirement Business

Truist Financial (TFC) sells institutional 401(k) investment advisory services business to OneDigital, and signs deal to sell institutional 401(k) recordkeeping businesses to Ascensus and Empower.

Swayta Shah headshot

Bank Stock Roundup: USB, JPM, WFC & TFC in Focus on Restructuring Initiatives

U.S. Bancorp (USB), JPMorgan (JPM), Wells Fargo (WFC), Truist (TFC) & Fifth Third (FITB) continue with their business restructuring activities. Also, Bank OZK (OZK) announces a quarterly dividend hike.

BNY Mellon (BK) to Sell Canada Wealth Business to Guardian

BNY Mellon's (BK) Canada-based wealth management business is being acquired by Guardian Capital.

Goldman (GS) Arm Signs All-Cash Deal to Buy People Corporation

Merchant banking unit of Goldman Sachs (GS) agrees to buy People Corporation at a premium of 36% to the closing price on Dec 11, 2020.

Bank Stock Roundup: Upbeat Trading Outlook, Treasury Yields Decline, Citi in Focus

Over the past five trading days, JPMorgan (JPM) and Citigroup (C) issued their outlooks. Wells Fargo (WFC) & Truist's (TFC) restructuring efforts continue. Capital One (COF), PNC Financial (PNC) and U.S. Bancorp (USB) witness price gains.

Truist Financial's (TFC) Insurance Subsidiary Buys Wellington

Truist Insurance, the indirect subsidiary of Truist Financial (TFC) acquires Wellington.

Swayta Shah headshot

FDIC-Insured Banks Q3 Earnings Dip, NIM Shrinks on Low Rates

Low rates and soft loan demand hurt FDIC-insured banks' Q3 earnings. Yet, big names like JPMorgan (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC) and Truist Financial (TFC) get support from rise in fee income.

KeyCorp's (KEY) Q3 Earnings Beat, Revenues & Expenses Up Y/Y

Higher interest income, support from fee income and lower credit costs aid KeyCorp's (KEY) Q3 results amid near-zero interest rates and economic slowdown.

State Street (STT) Q3 Earnings Beat on Fee Income, Costs Dip

Increase in fee income and lower costs support State Street's (STT) Q3 earnings amid low interest rate environment.

Truist Financial (TFC) Q3 Earnings Beat, Provisions Decline

Truist Financial (TFC) witnesses a fall in revenues in third-quarter 2020. Also, provisions decline from the previous quarter.

Muted Loan Growth to Mar Truist Financial (TFC) Q3 Earnings

Truist Financial (TFC) is expected to have witnessed a decline in interest income in the third quarter because of muted loan growth as well as low interest rates.

Increased Client Activity to Aid Schwab (SCHW) Q3 Earnings

While Schwab's (SCHW) trading revenues are likely to have improved in Q3 on rise in client activity amid higher market volatility, interest revenues are not expected to have improved much.

JPMorgan (JPM) Q3 Earnings Top on Lower Credit Cost, Trading

Surprisingly lower provisions and continued support from fee income sources aid JPMorgan's (JPM) Q3 earnings amid weak loan demand and near-zero rates.

Fee Income to Support BofA (BAC) Q3 Earnings Amid Low Rates

Fee income sources including trading, investment banking and consumer fees are expected to have supported BofA's (BAC) Q3 results. However, low interest rates and mute loan demand might have hurt it.

Fee Income to Aid JPMorgan (JPM) Q3 Earnings Amid Low Rates

Fee income sources - trading, mortgage banking and investment banking - are expected to have aided JPMorgan's (JPM) Q3 earnings. However, low interest rates and weak loan demand might have hurt it.