Truist Financial Corp Stock Today
| TFC Stock | USD 47.75 0.05 0.10% |
Performance6 of 100
| Odds Of DistressOver 58
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Truist Financial is trading at 47.75 as of the 28th of November 2024, a 0.10% increase since the beginning of the trading day. The stock's open price was 47.7. Truist Financial has over 58 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Note, on November 8, 2024, Representative Neal P Dunn of US Congress acquired under $15k worth of Truist Financial Corp's common stock.
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 12.78 M shares are at this time shorted by investors with about 1.43 days to cover. More on Truist Financial Corp
Moving together with Truist Stock
| 0.96 | AX | Axos Financial | PairCorr |
| 0.95 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.95 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Truist Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 16th of January 2025
Truist Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman Securities | Thomas Hackett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 Manufacturing, HNX MidSmall Cap, HNX, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTruist Financial can leverage 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 37,867 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 63.32 B. Truist Financial Corp runs under Banks sector within Financials industry. The entity has 1.33 B outstanding shares of which 12.78 M shares are at this time shorted by investors with about 1.43 days to cover.
Truist Financial Corp has about 30.66 B in cash with 8.63 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 on November 8, 2024, Representative Neal P Dunn of US Congress acquired under $15k worth of Truist Financial Corp's common stock.
Check Truist Ownership Details
Truist Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Royal Bank Of Canada | 2024-06-30 | 15 M | |
| Northern Trust Corp | 2024-09-30 | 12 M | |
| Harris Associates L.p. | 2024-06-30 | 10.7 M | |
| Legal & General Group Plc | 2024-06-30 | 10.3 M | |
| Ubs Asset Mgmt Americas Inc | 2024-09-30 | 9.4 M | |
| Federated Hermes Inc | 2024-09-30 | 9.3 M | |
| Amvescap Plc. | 2024-06-30 | 9.3 M | |
| American Century Companies Inc | 2024-09-30 | 9.2 M | |
| Macquarie Group Ltd | 2024-06-30 | 9.1 M | |
| Vanguard Group Inc | 2024-09-30 | 119.2 M | |
| Blackrock Inc | 2024-06-30 | 99 M |
Truist Financial Historical Income Statement
Truist Stock Against Markets
Truist Financial Corporate Directors
| Jodie Hughes | Director Region | Profile | |
| David Ratcliffe | Lead Independent Director | Profile | |
| Thomas Skains | Lead Independent Director | Profile | |
| Nido Qubein | Independent Director | Profile |
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Is Regional Banks space 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 0.239 | Dividend Share 2.08 | Earnings Share (4.86) | Revenue Per Share 10.857 | Quarterly Revenue Growth 0.061 |
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.