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Truist Financial (TFC)

(Delayed Data from NYSE)

$42.41 USD

42.41
9,975,097

-0.03 (-0.07%)

Updated Jul 19, 2024 04:00 PM ET

Pre-Market: $42.05 -0.36 (-0.85%) 9:22 AM 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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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C Value F Growth A 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 12% (31 out of 250)

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.

PNC Financial (PNC) Stock Down Despite Q2 Earnings Beat

by Zacks Equity Research

An increase in NII supported by higher rates aid PNC Financial's (PNC) Q2 earnings. However, increasing expenses and higher provisions are headwinds.

Fee Income to Aid Truist's (TFC) Q2 Earnings, Lower NII to Ail

by Zacks Equity Research

Support from fee income, especially insurance income, is likely to have driven Truist's (TFC) Q2 earnings, while higher funding costs and waning loan demand are expected to have hurt NII.

State Street (STT) Stock Declines Despite Q2 Earnings Beat

by Zacks Equity Research

State Street (STT) records a rise in revenues in the second quarter of 2023.

Analysts Estimate Comerica Incorporated (CMA) to Report a Decline in Earnings: What to Look Out for

by Zacks Equity Research

Comerica Incorporated (CMA) 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.

JPMorgan (JPM) Q2 Earnings Top on FRC Deal, NII View Raised

by Zacks Equity Research

The buyout of FRC, higher interest rates, robust loan balance and strength in the consumer business support JPMorgan's (JPM) Q2 earnings amid downbeat markets and IB business performances.

Analysts Estimate Truist Financial Corporation (TFC) to Report a Decline in Earnings: What to Look Out for

by Zacks Equity Research

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.

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

by Zacks Equity Research

Sector ETF report for IAT

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

by Zacks Equity Research

Truist Financial Corporation (TFC) closed the most recent trading day at $32.48, moving +0.9% from the previous trading session.

Is First United (FUNC) Worth a Watch on 5.8% Dividend Yield?

by Zacks Equity Research

Investors should keep an eye on solid dividend-yielding stocks like First United (FUNC) amid the current turmoil in the banking sector.

Is Bank of Hawaii (BOH) Worth a Look on 6.68% Dividend Yield?

by Zacks Equity Research

Investors may consider solid dividend-yielding stocks like Bank of Hawaii (BOH) for their portfolios amid looming recession fears in the near term and the current turmoil in the banking industry.

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

by Zacks Equity Research

Truist Financial Corporation (TFC) closed the most recent trading day at $30.99, moving -1.27% from the previous trading session.

Truist's (TFC) Rates & Loan Demand Aid, Asset Quality Ails

by Zacks Equity Research

Rise in net interest income, efforts to strengthen fee income and strategic business restructuring initiatives bode well for Truist (TFC). However, rising operating expenses and deteriorating asset quality are major headwinds.

Should You Consider BankUnited (BKU) for its Dividend Yield?

by Zacks Equity Research

Investors may consider solid dividend-yielding stocks like BankUnited (BKU) in their portfolios, amid the current turmoil in the banking sector.

Swayta Shah headshot

Large Banks to Boost Dividends After Clearing Stress Test

by Swayta Shah

Large banks, including JPM, C and MS, to lift dividends after sailing through the 2023 stress test. BAC didn't provide any updates. Regional banks like TFC will not hike dividends on potential higher capital requirements.

Fair Isaac (FICO) Partners With Belvo to Expand Credit Access

by Zacks Equity Research

Fair Isaac (FICO) announces partnership with Belvo to create open finance score model for Latin America. This reflects on its strong product portfolio and expanding clientele.

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

by Zacks Equity Research

Truist Financial Corporation (TFC) closed the most recent trading day at $30.09, moving +0.3% from the previous trading session.

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

by Zacks Equity Research

Truist Financial Corporation (TFC) closed at $31.35 in the latest trading session, marking a -1.72% move from the prior day.

Fifth Third (FITB) Lowers Q2 NII, Loan & Deposit Guidance

by Zacks Equity Research

Fifth Third (FITB) expects NII in the second quarter to decrease 4-5% sequentially. Further, average loans and deposit balances are expected to remain stable.

Comerica (CMA) Gives Q2 NII View, to Exit Warehouse Lending

by Zacks Equity Research

Comerica (CMA) expects second-quarter net interest income to decline at the low end of the 11-13% range. Exit from the volatile mortgage banker finance business will improve capital efficiency.

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

by Zacks Equity Research

In the latest trading session, Truist Financial Corporation (TFC) closed at $32.40, marking a +1.41% move from the previous day.

Fair Isaac's (FICO) AI Tools Help Lenders to Improve Pricing

by Zacks Equity Research

Fair Isaac (FICO) gets selected by various European banks to improve pricing and customer experience, reflecting a strong customer base and product portfolio.

Stock Market News for Jun 13, 2023

by Zacks Equity Research

Wall Street ended sharply higher on Monday, led by tech stocks.

KeyCorp (KEY) Slips 4.3% on Disappointing Q2 NII Guidance

by Zacks Equity Research

KeyCorp (KEY) expects NII in the second quarter to decrease 12% sequentially. This dismal guidance turned investors bearish on the stock.

Should You Keep KeyCorp (KEY) on Your Radar for Solid Dividend?

by Zacks Equity Research

Investors should keep an eye on fundamentally robust dividend-yielding stocks like KeyCorp (KEY) amid the challenging macroeconomic environment.

Is Truist Financial (TFC) Worth a Watch on 6.3% Dividend Yield?

by Zacks Equity Research

Amid the turmoil in the banking industry and recessionary fears, investors can watch the Truist Financial (TFC) stock for its solid dividend yield.