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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.

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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

JPMorgan (JPM) Q2 Earnings Beat Despite Higher Credit Costs

Improvement in trading, investment banking and mortgage banking income supports JPMorgan's (JPM) Q2 earnings, while higher reserve build to combat coronavirus-related uncertainty and low rates hurt.

Low Interest Rates to Mar Truist Financial (TFC) Q2 Earnings

Near-zero interest rates and a substantial rise in provisions are likely to hurt Truist Financial's (TFC) Q2 results.

Citigroup (C) Q2 Earnings Beat Estimates on Top-Line Strength

Citigroup (C) delivers earnings surprise of 6.4% in Q2, on higher revenues, driven by rise in global fixed income market revenues and strong underwriting business.

First Republic (FRC) Q2 Earnings Beat on Higher Revenues

First Republic's (FRC) Q2 earnings outperformance driven by stellar net interest income, partly mitigated by lower fee income along with elevated expenses and provisions.

Trading, Underwriting Businesses to Aid BofA (BAC) Q2 Earnings

A substantial rise in trading and underwriting activities is likely to support BofA's (BAC) Q2 results. Lower interest rates and significantly higher credit cost may have been headwinds.

Global Payments to Gain From Upswing in Electronic Payments

Global Payments (GPN) eyes growth in the long haul owing to an upsurge in electronic as well as integrated payments.

JPMorgan, Wells Fargo and Others Under Probe for PPP Procedure

Major banks have been asked to submit documents, regarding applications received, and all communications with SBA and Treasury on which application to prioritize.

Global Payments Rides on Software-Driven Payments Business

Investment in technology to build its software-driven payments business and the buyout of Total System Services will aid Global Payments' (GPN) growth.

Is Truist Financial (TFC) a Great Stock for Value Investors?

Let's see if Truist Financial (TFC) stock is a good choice for value-oriented investors right now from multiple angles.

Global Payments to Extend Credit Card Services to Truist

Global Payments (GPN) signs deal to manage credit card portfolios of Truist.

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Bank Stock Roundup: Q1 Earnings in Full Swing, CMA, FITB, RF, COF Hurt by Provisions

Coronavirus-related mayhem and uncertainty hurt banks' earnings in Q1. Also, the current economic slowdown has put a question mark over banks' targets set earlier.

East West Bancorp (EWBC) Up on Q1 Earnings & Revenue Beat

East West Bancorp (EWBC) witnesses higher revenues and a decline in expenses in the first quarter of 2020. However, higher provisions hurt results to some extent.

Bank OZK (OZK) Q1 Earnings Lag Estimates, Revenues Decline Y/Y

Bank OZK's (OZK) first-quarter 2020 results reflect a decline in net interest income along with higher expenses.

BOK Financial (BOKF) Lags Q1 Earnings Estimates, Stock Rises

BOK Financial's (BOKF) Q1 results reflect top-line growth and rise in deposits. Yet a contraction in margin was visible.

First Horizon (FHN) Stock Down 3.6% on Q1 Earnings Miss

First Horizon's (FHN) first-quarter 2020 results reflect deposit growth and higher revenues. However, escalating expenses and higher provisions for loan remain concerning.

Webster Financial (WBS) Tops Q1 Earnings Estimates, Stock Dips

While growth in deposit and loan balances support Webster Financial's (WBS) Q1 performance, rise in provision impacts earnings amid the coronavirus-led concerns.

Stock Market News for Apr 21, 2020

Benchmarks ended in the red on Monday, owing to the decline in oil prices.

Comerica (CMA) Posts Q1 Loss as Revenues Fall, Stock Down 5%

Rise in provisions and lower interest rates hurt Comerica's (CMA) Q1 earnings amid the coronavirus-led concerns.

Bank of Hawaii (BOH) Q1 Earnings Beat Estimates, Revenues Up

Bank of Hawaii's (BOH) Q1 results reflect higher fee income and a strong capital position, partially offset by a rise in provisions due to the coronavirus-led crisis.

Truist Financial's (TFC) Q1 Earnings Beat, Provisions Jump

Truist Financial's (TFC) Q1 revenues increase, mainly due to completion of the merger deal between BB&T and SunTrust Banks. Yet, increase in credit costs amid coronavirus concerns is a major headwind.

Low Rates, Provisions to Mar Truist Financial (TFC) Q1 Earnings

Lower interest rates and increase in credit costs are likely to hurt Truist Financial's (TFC) Q1 earnings amid coronavirus pandemic.

Bank Stock Roundup: Q1 Earnings Begins Amid Coronavirus Scare, BAC, JPM & WFC Miss

Heightened investors' concerns visible on banks' Q1 earnings, with the major players displaying rise in credit costs, higher expenses and margin pressure on lower rates amid the coronavirus pandemic.

    Fed Eases Wells Fargo's Growth Limit to Support Small Firms

    Relaxation of Wells Fargo's (WFC) balance sheet growth limitation will help it support small businesses amid coronavirus-led chaos.

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    Major Regional Bank Stock Outlook Dim on Rate Cuts, Coronavirus

    Near-zero interest rates, and coronavirus-induced lockdown and economic slowdown are likely to hurt major regional banks' financials in the next few quarters.

    Truist (TFC) in Focus: Stock Moves 6.9% Higher

    Truist (TFC) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.