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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.

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Large Banks to Boost Dividends After Clearing Stress Test

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

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

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

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

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

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

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

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

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

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

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?

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?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.