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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 F Momentum D 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.

BofA's (BAC) Q4 Earnings Beat, Weakness in NII & IB Hurts

Improving trading numbers and marginal loan growth support BofA's (BAC) Q4 earnings, while higher funding costs, weakness in IB and rise in expenses and provisions act as headwinds.

JPMorgan (JPM) Q4 Earnings Beat on Higher Rates, Loans & IB

High interest rates, the FRC deal, robust loan balance and decent IB business performance aid JPMorgan's (JPM) Q4 earnings. Rising credit costs and weakness in the trading business act as spoilsports.

Lower NII & Fee Income to Hurt Truist's (TFC) Q4 Earnings

Truist (TFC) is expected to have recorded a decline in interest income in the fourth quarter of 2023 because of a weak lending scenario and higher funding costs.

Earnings Preview: Truist Financial Corporation (TFC) Q4 Earnings Expected to Decline

Truist Financial Corporation (TFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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

Smart Beta ETF report for KRE

Truist Financial Corporation (TFC) Increases Yet Falls Behind Market: What Investors Need to Know

Truist Financial Corporation (TFC) closed the most recent trading day at $38, moving +1.06% from the previous trading session.

Truist Financial (TFC) to Close 4% of its Branches by March

Truist Financial (TFC) intends to shut down 4% of its branch network by March as part of its effort to cut costs and sustain profitability.

Truist Financial Corporation (TFC) Ascends While Market Falls: Some Facts to Note

The latest trading day saw Truist Financial Corporation (TFC) settling at $37.51, representing a +1.6% change from its previous close.

Truist Financial Corporation (TFC) Outpaces Stock Market Gains: What You Should Know

In the most recent trading session, Truist Financial Corporation (TFC) closed at $37.24, indicating a +0.35% shift from the previous trading day.

Is New York Community (NYCB) Worth a Look on 6.7% Dividend Yield?

Amid the uncertain macroeconomic backdrop, it becomes difficult for investors to generate robust returns. So, they should keep an eye on high dividend-yielding stocks like New York Community (NYCB).

Truist Financial Corporation (TFC) Surpasses Market Returns: Some Facts Worth Knowing

In the closing of the recent trading day, Truist Financial Corporation (TFC) stood at $36.72, denoting a +1.05% change from the preceding trading day.

Truist Financial Corporation (TFC) Stock Dips While Market Gains: Key Facts

In the closing of the recent trading day, Truist Financial Corporation (TFC) stood at $36.34, denoting a -0.98% change from the preceding trading day.

Fifth Third Bancorp (FITB) Moves 8.6% Higher: Will This Strength Last?

Fifth Third Bancorp (FITB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

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

In the latest trading session, Truist Financial Corporation (TFC) closed at $34.10, marking a -0.96% move from the previous day.

KeyCorp (KEY) Should be on Your Radar for 6.2% Dividend Yield

Driven by robust top-line growth and efforts to restructure operations to bolster market share, KeyCorp (KEY) seems a fundamentally solid stock with an attractive dividend yield.

Truist Financial Corporation (TFC) Stock Moves -0.33%: What You Should Know

Truist Financial Corporation (TFC) closed the most recent trading day at $33.04, moving -0.33% from the previous trading session.

KeyCorp (KEY) Lowers Q4 Fee Income Guidance, Stock Dips 3.7%

KeyCorp (KEY) changes its fourth-quarter 2023 non-interest income outlook. It expects fee income to fall 5-8% sequentially.

Truist Financial Corporation (TFC) Stock Sinks As Market Gains: Here's Why

Truist Financial Corporation (TFC) concluded the recent trading session at $32.12, signifying a -0.03% move from its prior day's close.

Truist Financial Corporation (TFC) Beats Stock Market Upswing: What Investors Need to Know

In the latest trading session, Truist Financial Corporation (TFC) closed at $31.78, marking a +0.92% move from the previous day.

Should You Invest in the iShares U.S. Regional Banks ETF (IAT)?

Sector ETF report for IAT

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

Sector ETF report for KRE

Associated Banc-Corp (ASB) Announces Phase 2 of Strategic Plan

Capitalizing on the success of phase one of its strategic plan, Associated Banc-Corp (ASB) announces phase two. This will bolster loan and deposit growth and reduce its reliance on high-cost funding.

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

Smart Beta ETF report for KRE

Truist Financial Corporation (TFC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Truist Financial Corporation (TFC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Truist's (TFC) Q3 Earnings Beat Estimates, NII & Loans Down

A modest improvement in fee income, higher average deposit balance and higher interest rates aid Truist's (TFC) Q3 earnings amid a rise in funding costs, deteriorating credit quality and an increase in expenses.