More about Truist Financial Corporation
Regulatory Filings for Truist Financial Corporation
Fundamentals for Truist Financial Corporation
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Fundamentals for Truist Financial Corporation
Business Operations:
Sector: Financial ServicesIndustry: Banks - Regional
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through two segments, Consumer and Small Business Banking; and Wholesale Banking. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; credit card lending; home equity and mortgage lending; other direct retail lending; home mortgage lending; Investment brokerage services; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; and small business lending. In addition, it offers asset-based lending, commercial deposit and treasury services; commercial lending; floor plan lending; derivatives; institutional trust services; insurance premium finance; international banking; investment banking and capital markets services; leasing; merchant services; mortgage warehouse lending; real estate lending; supply chain financing; and wealth management/private banking. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Revenue projections:
With TFC's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 10.529255 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.367000 |
| revenueGrowth | 0.082000 |
| grossMargins | 0.000000 |
| operatingMargins | 0.398150 |
| trailingEps | 4.350000 |
| forwardEps | 4.977560 |
TFC's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
TFC's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that TFC is likely to outperform its previous year's financial performance.
Price projections:
Truist Financial Corporation's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Insider Transactions:
There were 7 TFC stock sales, with market price at 49.77428545270647.The period under consideration did not see any sell transactions.TFC has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.
Recommendation changes over time:
Analysts' recent buy bias toward TFC suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see TFC as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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