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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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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.

Truist Financial Corporation (TFC) Surpasses Q3 Earnings Estimates

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 2.44% and 0.04%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Northern Trust Corporation (NTRS) Q3 Earnings Miss Estimates

Northern Trust Corporation (NTRS) delivered earnings and revenue surprises of -0.67% and 0.30%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Lower NII & Fee Income to Hurt Truist's (TFC) Q3 Earnings

Lower net interest income and non-interest income and weakening asset quality are expected to have hurt Truist's (TFC) Q3 earnings.

Truist Financial Corporation (TFC) Declines More Than Market: Some Information for Investors

In the closing of the recent trading day, Truist Financial Corporation (TFC) stood at $28.41, denoting a -1.63% change from the preceding trading day.

JPMorgan (JPM) Q3 Earnings Top on High Rates, NII View Raised

Higher rates, robust loan balance, the FRC deal and solid performance in consumer and commercial banking businesses help JPMorgan (JPM) soar past Q3 earnings estimates.

High Rates, Loan Demand to Aid BofA's (BAC) Q3 Earnings

High rates and decent consumer loan demand are expected to have supported BofA's (BAC) NII in Q3 amid a rise in deposit and funding costs and an inverted yield curve.

Truist Financial Corporation (TFC) Expected to Beat Earnings Estimates: Should You Buy?

Truist Financial Corporation (TFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Company News for Oct 11, 2023

Companies in The News Are: PEP,NEOG,PLTR,TFC

Truist (TFC) Mulls Selling Remaining Insurance Stake, Stock Up

Truist (TFC) mulls divesting the remaining 80% stake in the insurance subsidiary, Truist Insurance Holdings, to strengthen the balance sheet. The news cheers investors, and shares rise 6.6%.

Truist Financial Corporation (TFC) Rises But Trails Market: What Investors Should Know

Truist Financial Corporation (TFC) closed at $27.32 in the latest trading session, marking a +0.15% move from the prior day.

Zions (ZION) Surges 30% in Q3: What's Behind this Turnaround?

Zions (ZION) shares jump 30% in the third quarter as business turnaround drives investor optimism toward the stock.

Truist Financial Corporation (TFC) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Truist Financial Corporation (TFC) closed at $27.19, marking a -1.59% move from the previous day.

SEC to Settle WhatsApp Probe With Fifth Third (FITB) & Others

Under the deals being finalized with the SEC over the use of unauthorized messaging tools, Fifth Third (FITB), TFC and others are likely to pay fines and admit wrongdoing.

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

In the latest trading session, Truist Financial Corporation (TFC) closed at $27.97, marking a -0.99% move from the previous day.

Want More Than 7% Dividend Yield? Keep an Eye on Truist (TFC)

One can keep Truist (TFC) on the radar to earn a solid dividend. The company is well-poised to overcome near-term challenges on the back of cost savings plans, decent loan demand and efforts to boost fee income.

Truist Financial Corporation (TFC) Stock Moves -0.74%: What You Should Know

Truist Financial Corporation (TFC) closed at $28.16 in the latest trading session, marking a -0.74% move from the prior day.

BofA (BAC) CFO Optimistic on US Economy, Confirms Q3 NII View

BofA's (BAC) CFO believes that robust consumer spending has reduced the likelihood of a recession in the United States. He reiterates the third-quarter net interest income outlook.

Truist (TFC) Enters Partnership Deal to Reinforce Trade Finance

Truist (TFC) partners with Standard Chartered to strengthen trade finance capabilities in emerging markets.

Truist Financial Corporation (TFC) Dips More Than Broader Markets: What You Should Know

Truist Financial Corporation (TFC) closed at $29 in the latest trading session, marking a -1.43% move from the prior day.

Zions (ZION) Eyes Headcount Reduction to Control Expenses

Zions' (ZION) headcount at the start of 2024 will be 3% lower than the previous year as the company looks for job cuts as a way to control rising expenses.

Zions (ZION) Stock Jumps 6.8% as NII Rises in July, August

Zions (ZION) provides updates on NII and NIM for July and August, with both showing marked improvement from June numbers. This, in turn, leads to bullish investor sentiments.

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

Sector ETF report for IAT

BofA (BAC) Sees Q3 IB Fee Dip, Reiterates NII & Expense Outlook

BofA's (BAC) CFO expects the company to perform slightly better than the industry's expected 30-35% decline in third-quarter 2023 IB fees.

JPMorgan (JPM) to See 1-2% Dip in Q3 Trading & IB Revenues

JPMorgan (JPM) expects 1-2% decline in trading and IB revenues in the third quarter of 2023. The company reaffirms NII and expense guidance for 2023.

Truist Financial (TFC) Gains 1.1% on Expense Saving Program

Truist Financial (TFC) announces a $750 million gross expense saving program to be achieved over 12-18 months. The company also reiterates Q3 and full-year 2023 revenue and expense guidance.