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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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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.

Barclays (BCS) Plans to Sell Italy Loans Amid Restructuring Move

by Zacks Equity Research

Barclays (BCS) seeks to sell $5.3 billion of its Italy mortgage loans as it plans to exit retail banking in the country.

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

by Zacks Equity Research

In the latest trading session, Truist Financial Corporation (TFC) closed at $31.74, marking a -1.06% move from the previous day.

Truist Financial Corporation (TFC) Stock Moves 1.27%: What You Should Know

by Zacks Equity Research

Truist Financial Corporation (TFC) closed the most recent trading day at $31.09, moving +1.27% from the previous trading session.

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

by Zacks Equity Research

In the latest trading session, Truist Financial Corporation (TFC) closed at $30.40, marking a -1.14% move from the previous day.

Fair Isaac's (FICO) FICO Scores Improve Prosper's Services

by Zacks Equity Research

Fair Isaac (FICO) partners with Prosper to expand credit services and improve business outcomes, reflecting a strong customer base and product portfolio.

Barclays (BCS) Plans to Close Another 15 Banking Branches

by Zacks Equity Research

Barclays (BCS) intends to close 15 more branches in England, Scotland and Wales in the coming months.

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

by Zacks Equity Research

Sector ETF report for IAT

Truist Financial (TFC) Hurt by Rising Provisions & High Expenses

by Zacks Equity Research

An increase in operating expenses and a rise in provisions on a deteriorating operating outlook are major headwinds for Truist Financial (TFC).

Truist Financial (TFC) Q1 Earnings Lag on Higher Provisions

by Zacks Equity Research

Rising provision, a fall in deposit balance and a slight rise in expenses hurt Truist Financial (TFC) Q1 earnings amid higher revenues and a decent improvement in loan balance.

Truist Financial Corporation (TFC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

by Zacks Equity Research

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

Truist Financial Corporation (TFC) Q1 Earnings Miss Estimates

by Zacks Equity Research

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of -3.54% and 0.25%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

First Horizon (FHN) Q1 Earnings Meet Estimates, NII Rises

by Zacks Equity Research

A rise in revenues and increasing rates support First Horizon's (FHN) Q1 earnings. However, deteriorating credit quality and a fall in non-interest income act as headwinds.

BankUnited, Inc. (BKU) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity Research

BankUnited, Inc. (BKU) 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.

M&T Bank Corporation (MTB) Q1 Earnings and Revenues Beat Estimates

by Zacks Equity Research

M&T Bank Corporation (MTB) delivered earnings and revenue surprises of 2.76% and 1.44%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

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

by Zacks Equity Research

Truist Financial Corporation (TFC) closed at $33.25 in the latest trading session, marking a -1.74% move from the prior day.

JPMorgan's (JPM) Q1 Earnings Top on NII, High Provisions Ail

by Zacks Equity Research

Solid consumer banking performance, high interest rates and decent loan balance aid JPMorgan's (JPM) Q1 earnings. Weak IB business, lower markets revenues, rising credit costs and lower deposit balance hurt.

Earnings Preview: Truist Financial Corporation (TFC) Q1 Earnings Expected to Decline

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.

Soft Loan Demand, Fee Income to Hurt Truist's (TFC) Q1 Earnings

by Zacks Equity Research

Weak C&I loan demand, deposit runs, higher mortgage rates and rising provisions are likely to have hurt Truist's (TFC) Q1 earnings.

Rates, Trading to Aid JPMorgan (JPM) Q1 Earnings, IB to Hurt

by Zacks Equity Research

Higher interest rates, decent loan demand and solid markets performance are likely to have supported JPMorgan's (JPM) Q1 earnings amid weakness in IB business and rising credit costs.

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 $33.17, marking a +1.31% move from the previous day.

PNC Financial (PNC) to Post Q1 Earnings: What's in Store?

by Zacks Equity Research

PNC Financial's (PNC) Q1 earnings are likely to be affected by declining NII and non-interest income. Decent loan growth along with declining expenses act as near-term tailwinds.

Truist (TFC) Wraps Up Divestiture of Stake in Insurance Arm

by Zacks Equity Research

Truist's (TFC) divestiture of 20% stake in TIH unlocks value for the business and positions it for long-term growth.

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 $32.89, marking a +0.98% move from the previous day.

Strength Seen in Truist Financial Corporation (TFC): Can Its 9.0% Jump Turn into More Strength?

by Zacks Equity Research

Truist Financial Corporation (TFC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Company News for Mar 20, 2023

by Zacks Equity Research

Companies in The News Are: CS, USB, FDX, TFC