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Truist Financial (TFC)

(Delayed Data from NYSE)

$41.72 USD

-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
1	Strong Buy	23.68%
2	Buy	17.55%
3	Hold	9.21%
4	Sell	4.93%
5	Strong Sell	2.36%
S&P	500	10.96%

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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 F Growth A Momentum C VGM

Industry Rank:

Top 35% (88 out of 251)

Industry: Banks - Major Regional

View All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Bank ETFs Surge as Yield Curve Steepens

by Sweta Killa Published on October 08,2020

The banking corner of the broader financial sector is back on track this month owing to the steepening of the yield curve. Will the strong trend continue?

etfs
finance

Here's Why You Should Hold On to Truist Financial Stock Now

by Zacks Equity Research Published on October 08,2020

TFC Financial's (TFC) modest top-line growth and a robust balance-sheet position bode well amid the near-zero interest rates and economic slowdown.

finance

Biden's Corporate Tax Plan Could Spell Trouble for Bank ETFs

by Sweta Killa Published on September 23,2020

Biden proposed corporate tax hike from 21% to 28% would drop net income by more than $7 billion per year for the nation's 10 largest banks.

etfs
finance

Four Corners Boosts Portfolio with Asset Buyout from Seritage

by Zacks Equity Research Published on September 02,2020

Four Corners' (FCPT) expansion moves are part of its efforts to leverage on solid acquisition opportunities, backed by balance-sheet strength, and fuel portfolio growth.

reit

Four Corners Unveils Outparcel Portfolio Growth With Seritage

by Zacks Equity Research Published on August 25,2020

Four Corners' (FCPT) expansion moves are part of its efforts to leverage on solid acquisition opportunities, backed by balance-sheet strength, and fuel portfolio growth.

finance
reit

Low Rates, Coronavirus Mar Major Regional Bank Stock Outlook

by Swayta Shah Published on August 13,2020

Near-zero interest rates, worsening asset quality and coronavirus-induced economic slowdown are likely to continue hampering major regional banks' financials in the next few quarters.

finance

Bank of Hawaii (BOH) Q2 Earnings Top Estimates, Provisions Up

by Zacks Equity Research Published on July 28,2020

Though Bank of Hawaii's (BOH) Q2 results reflect solid loan and deposit growth, controlled expenses and higher revenues, rising provisions for loans and margin pressure are concerns.

KeyCorp (KEY) Q2 Earnings & Revenues Beat, Provisions Rise

by Zacks Equity Research Published on July 22,2020

Rise in revenues, improving loan balance and lower costs support KeyCorp's (KEY) Q2 results amid low rates and economic slowdown.

First Horizon (FHN) Q2 Earnings Miss, Provisions Escalate

by Zacks Equity Research Published on July 20,2020

Though First Horizon's (FHN) second-quarter 2020 results reflect solid deposit growth and higher revenues, escalating expenses and rising provisions for loans remain concerns.

Bank Stock Roundup: JPM, C, BAC Top Q2 Earnings Estimates, WFC Incurs Loss

by Swayta Shah Published on July 17,2020

Huge reserve builds and low rates hurt banks' Q2 results, while fee income turns out to be a big savior. Banks are still unsure of the future and refrain from providing guidance.

State Street (STT) Q2 Earnings Beat on Fee Income Growth

by Zacks Equity Research Published on July 17,2020

A rise in fee income and cost-saving efforts support State Street's (STT) Q2 earnings amid lower rates and coronavirus-related concerns.

Company News for Jul 17, 2020

by Zacks Equity Research Published on July 17,2020

Companies in the news are: BMI, TSM, TFC, WNS

Citizens (CFG) Q2 Earnings Beat Estimates on Higher Revenues

by Zacks Equity Research Published on July 17,2020

Although higher fee income supports Citizens' (CFG) Q2 earnings, a drastic increase in credit costs amid the coronavirus mayhem hurts.

Truist Financial (TFC) Q2 Earnings Beat, Revenues & Costs Rise

by Zacks Equity Research Published on July 16,2020

Truist Financial (TFC) witnesses a rise in revenues in second-quarter 2020. Also, provisions decline from the previous quarter despite continued uncertainty related to the coronavirus pandemic.