Truist Financial Corp Stock Today
| TFC Stock | USD 36.70 0.07 0.19% |
Performance3 of 100
| Odds Of DistressOver 65
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Truist Financial is trading at 36.70 as of the 16th of April 2024, a -0.19 percent decrease since the beginning of the trading day. The stock's open price was 36.77. Truist Financial has more than 65 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Truist Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of January 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 26th of March 1990 | Category Financial Services | Classification Financials |
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina. Truist Financial operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 1.33 B outstanding shares of which 12.28 M shares are at this time shorted by investors with about 1.27 days to cover. More on Truist Financial Corp
Moving together with Truist Stock
| 0.83 | RF | Regions Financial Earnings Call This Week | PairCorr |
Truist Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Truist Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Truist Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Truist Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Truist Financial's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Frank Wilson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [TCF FINANCIAL, TCF Financial Corporation, PTFC Redevelopment Corp.] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NYSE Composite, SP 500 Index, KBW Bank, HNX MidSmall Cap, HNX Manufacturing, HNX, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Truist Financial report their recommendations after researching Truist Financial's financial statements, talking to executives and customers, or listening in on Truist Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Truist Financial Corp. The Truist consensus assessment is calculated by taking the average forecast from all of the analysts covering Truist Financial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Truist Financial's profitability, liquidity, and operating efficiency, Truist Financial Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Truist Financial Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Truist Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Truist Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Truist Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Truist Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Truist Financial's financial leverage. It provides some insight into what part of Truist Financial's total assets is financed by creditors.
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Truist Financial Corp (TFC) is traded on New York Stock Exchange in USA. It is located in 214 North Tryon Street, Charlotte, NC, United States, 28202 and employs 49,037 people. Truist Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 48.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Truist Financial's market, we take the total number of its shares issued and multiply it by Truist Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Truist Financial Corp runs under Banks sector within Financials industry. The entity has 1.33 B outstanding shares of which 12.28 M shares are at this time shorted by investors with about 1.27 days to cover.
Truist Financial Corp has about 30.66 B in cash with 7.84 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.11.
Check Truist Financial Probability Of Bankruptcy
Ownership AllocationTruist Financial Corp shows a total of 1.33 Billion outstanding shares. The majority of Truist Financial Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Truist Financial to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Truist Financial Corp. Please pay attention to any change in the institutional holdings of Truist Financial Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Truist Ownership Details
Truist Stock Price Odds Analysis
What are Truist Financial's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Truist Financial jumping above the current price in 90 days from now is about 45.16%. The Truist Financial Corp probability density function shows the probability of Truist Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4519. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Truist Financial will likely underperform. Additionally, truist Financial Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Truist Financial to move above the current price in 90 days from now is about 45.16 (This Truist Financial Corp probability density function shows the probability of Truist Stock to fall within a particular range of prices over 90 days) .
Truist Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Truist Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Truist Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Truist Financial's value.| Instituion | Recorded On | Shares | |
| Royal Bank Of Canada | 2023-12-31 | 15.7 M | |
| Northern Trust Corp | 2023-12-31 | 12.9 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 11.8 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 11.2 M | |
| Harris Associates L.p. | 2023-12-31 | 10.3 M | |
| Legal & General Group Plc | 2023-12-31 | 10.3 M | |
| Federated Hermes Inc | 2023-12-31 | 10 M | |
| Macquarie Group Ltd | 2023-12-31 | 9.9 M | |
| American Century Companies Inc | 2023-12-31 | 9.7 M | |
| Vanguard Group Inc | 2023-12-31 | 118 M | |
| Blackrock Inc | 2023-12-31 | 97.5 M |
Truist Financial Historical Income Statement
Truist Financial Corp Income Statement is one of the three primary financial statements used for reporting Truist's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Truist Financial Corp revenue and expense. Truist Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Truist Financial's EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 5.3 B, whereas Operating Income is projected to grow to (41.8 M). View More FundamentalsTruist Stock Against Markets
Picking the right benchmark for Truist Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Truist Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Truist Financial is critical whether you are bullish or bearish towards Truist Financial Corp at a given time. Please also check how Truist Financial's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Truist Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Truist Financial Corporate Directors
Truist Financial corporate directors refer to members of a Truist Financial board of directors. The board of directors generally takes responsibility for the Truist Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Truist Financial's board members must vote for the resolution. The Truist Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Rafael Dominguez | Director | Profile | |
| Emmeline Huang | Independent Director | Profile | |
| Gillian Franklin | Non-Executive Independent Director | Profile | |
| Jodie Hughes | Director Region | Profile |
How to buy Truist Stock?
Before investing in Truist Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Truist Financial. To buy Truist Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Truist Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Truist Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Truist Financial Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Truist Financial Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Truist Financial Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Truist Stock please use our How to Invest in Truist Financial guide.
Already Invested in Truist Financial Corp?
The danger of trading Truist Financial Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Truist Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Truist Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Truist Financial Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Truist Stock analysis
When running Truist Financial's price analysis, check to measure Truist Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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Is Truist Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Dividend Share 2.08 | Earnings Share (1.09) | Revenue Per Share 15.977 | Quarterly Revenue Growth (0.11) |
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.