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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.

New York Community (NYCB) Raises $1.05B in Equity Capital

New York Community (NYCB) strengthens its balance sheet and liquidity position by raising $1.05 billion in equity. The company plans a one-for-three reverse stock split.

New York Community (NYCB) Ratings View Changed by Moody's

New York Community's (NYCB) ratings view is being changed to 'review for upgrade' from 'review for downgrade' by Moody's, following the $1-billion cash infusion from a group of investors.

Goldman (GS) to Exit Transaction Banking Business in Japan

Goldman (GS) is winding up its transaction banking business in Japan less than a year after commencing the same.

Is SPDR S&P Regional Banking ETF (KRE) a Strong ETF Right Now?

Smart Beta ETF report for KRE

Why Truist Financial Corporation (TFC) Outpaced the Stock Market Today

Truist Financial Corporation (TFC) closed at $37.27 in the latest trading session, marking a +0.54% move from the prior day.

Berkshire Hills Bancorp (BHLB) to Sell 10 New York Branches

Berkshire Hills Bancorp (BHLB) takes a strategic initiative to divest 10 branches in upstate and eastern New York. This move aims to boost branch efficiency and profitability.

Ally Financial (ALLY) Wraps Up POS Financing Business Sale

Ally Financial (ALLY) completes the sale of its POS financing business to Synchrony (SYF). The move will allow the company to focus on core growth areas.

Truist Financial Corporation (TFC) Ascends But Remains Behind Market: Some Facts to Note

Truist Financial Corporation (TFC) closed the most recent trading day at $34.98, moving +0.49% from the previous trading session.

Investors Heavily Search Truist Financial Corporation (TFC): Here is What You Need to Know

Truist Financial Corporation (TFC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Truist Financial Corporation (TFC) Stock Declines While Market Improves: Some Information for Investors

Truist Financial Corporation (TFC) closed the most recent trading day at $35.24, moving -1.12% from the previous trading session.

Truist (TFC) Faces Ratings Actions on TIH Divestiture Plan

Rating agencies - Fitch Ratings and Moody's - take ratings actions on Truist (TFC) following the announcement of the company???s 80% stake sale in the TIH business.

Truist (TFC) Enters Deal to Sell Remaining Stake in Insurance Arm

Truist (TFC) enters a deal to sell the remaining 80% stake in its insurance subsidiary, TIH, to Stone Point and Clayton Dubilier & Rice.

Truist (TFC) Close to Finalizing Deal for Insurance Arm Sale

Truist (TFC) nears the sale of the remaining 80% stake in its insurance subsidiary, Truist Insurance, to Stone Point and Clayton Dubilier & Rice.

Griffon and PayPal have been highlighted as Zacks Bull and Bear of the Day

Griffon and PayPal have been highlighted as Zacks Bull and Bear of the Day.

Citigroup (C) Pushed by the Fed to Speed up Risk Management

The Federal Reserve asks Citigroup (C) to make urgent changes in the way it measures the default risk of its trading partners.

Truist (TFC) to Streamline Business With Sterling Capital Sale

Truist Financial (TFC) takes a major step in its ongoing efforts to realign and simplify operations by agreeing to divest its asset-management subsidiary, Sterling Capital, to Guardian Capital.

Andrew Rocco headshot

Navigating the Storm: How Regional Banks Weathered the Crisis and Why the Worst is Behind Them

Though the Bank Term Funding Program (BTFB) is ending, there are five reasons to believe the worst is over for regional banking stocks. Look for them to be much higher 12 months from now.

Compared to Estimates, Truist Financial Corporation (TFC) Q4 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for Truist Financial Corporation (TFC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Truist (TFC) Q4 Earnings Miss as Expenses Rise Significantly

Truist (TFC) records a decline in revenues and significantly higher expenses in the fourth quarter of 2023.

Truist Financial Corporation (TFC) Lags Q4 Earnings Estimates

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of -7.95% and 1.10%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

U.S. Bancorp (USB) Matches Q4 Earnings Estimates

U.S. Bancorp (USB) delivered earnings and revenue surprises of 0% and 1.23%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Should You Invest in the SPDR S&P Regional Banking ETF (KRE)?

Sector ETF report for KRE

Truist Financial Corporation (TFC) Stock Falls Amid Market Uptick: What Investors Need to Know

In the latest trading session, Truist Financial Corporation (TFC) closed at $36.74, marking a -1.61% move from the previous day.

Gear Up for Truist Financial Corporation (TFC) Q4 Earnings: Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Truist Financial Corporation (TFC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.