Truist Financial
About: Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments.
Employees: 38,335
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
116% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 85
45% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 16 (+5) [Q4]
22% more call options, than puts
Call options by funds: $429M | Put options by funds: $352M
5% more funds holding
Funds holding: 1,461 [Q3] → 1,535 (+74) [Q4]
1.67% more ownership
Funds ownership: 71.0% [Q3] → 72.67% (+1.67%) [Q4]
4% more capital invested
Capital invested by funds: $40.6B [Q3] → $42.3B (+$1.71B) [Q4]
2% less repeat investments, than reductions
Existing positions increased: 579 | Existing positions reduced: 591
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
7%
upside
Avg. target
$46
19%
upside
High target
$52
36%
upside
9 analyst ratings
4 positive
44%
5 neutral
56%
0 negative
0%
Keefe, Bruyette & Woods David Konrad 42% 1-year accuracy 13 / 31 met price target | 23%upside $47 | Outperform Maintained | 21 Apr 2025 |
Stephens & Co. Terry McEvoy 36% 1-year accuracy 10 / 28 met price target | 20%upside $46 | Overweight Maintained | 21 Apr 2025 |
Barclays Jason Goldberg 52% 1-year accuracy 33 / 63 met price target | 23%upside $47 | Equal-Weight Maintained | 21 Apr 2025 |
Piper Sandler Scott Siefers 52% 1-year accuracy 12 / 23 met price target | 7%upside $41 | Neutral Maintained | 21 Apr 2025 |
Morgan Stanley Betsy Graseck 58% 1-year accuracy 32 / 55 met price target | 12%upside $43 | Equal-Weight Maintained | 7 Apr 2025 |
Financial journalist opinion
Based on 20 articles about TFC published over the past 30 days
Neutral
PRNewsWire
1 day ago
Truist declares common and preferred stock dividends
CHARLOTTE, N.C. , April 29, 2025 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 2, 2025, to shareholders of record at the close of business on May 9, 2025.
Positive
PYMNTS
5 days ago
Truist Completes Initial Test of Alias-Based Bill Payment Solution
Truist completed the initial testing phase of an alias-based bill payment solution that uses The Clearing House's RTP® network and Request for Payment (RfP) platform.
Neutral
PRNewsWire
5 days ago
Truist first bank to begin revolutionizing bill pay with alias-based request for payment via the RTP® network
Phase-one network validation sets new standard for financial institutions, meeting demands of large corporate billers and empowering consumers CHARLOTTE, N.C., April 25, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the successful completion of the initial testing phase of an innovative alias-based bill payment solution that leverages The Clearing House's RTP ® network and Request for Payment (RfP) platform.
Neutral
PRNewsWire
6 days ago
Truist Securities enhances Industrials and Services expertise
Firm adds three new managing directors to its investment banking team ATLANTA , April 24, 2025 /PRNewswire/ -- Truist Securities announced today three new senior hires to its Industrials and Services investment banking team, deepening the firm's expertise across the key industries of aerospace and defense, building products and basic materials, and transportation and logistics. These additions reflect Truist's continued investment in talent and sustained growth, particularly in strategically important sectors of the economy.
Positive
Seeking Alpha
1 week ago
Truist: Solid Q1 And Buybacks Create Upside Potential (Rating Upgrade)
Truist shares have dropped over 25%, now offering a 5.8% dividend yield and sub-10x forward multiple, with Q1 results showing solid performance and share repurchase plans. Deposits grew 0.6% sequentially, but deposit costs fell only 24bps despite a 100bps rate drop, raising concerns about future rate cuts. Truist's net interest margin fell to 3.01%, but asset sales and reinvestment at higher yields should stabilize NII; credit costs may rise due to tariffs.
Positive
Seeking Alpha
1 week ago
Truist Financial: Q1 Earnings And Valuation Prompt A Rating Upgrade
Truist Financial Corporation's Q1 2025 earnings report was solid, with disciplined expense management leading to positive operating leverage - despite a 3.2% decline in net revenues. The bank's asset quality remains strong, with stable nonperforming assets and net charge-offs in line with larger competitor U.S. Bancorp. Continued share buybacks, totaling $500 million in Q1 and likely $750 million in Q2, underline management's confidence in the bank's fundamentals.
Positive
Zacks Investment Research
1 week ago
Truist Financial's Q1 Earnings Beat Estimates on Higher NII, Stock Up
TFC's first-quarter 2025 earnings top estimates on higher NII and lower non-interest expenses. Yet, lower non-interest income and higher provisions remain woes.
Neutral
Seeking Alpha
1 week ago
Truist Financial Corporation (TFC) Q1 2025 Earnings Call Transcript
Truist Financial Corporation (NYSE:TFC ) Q1 2025 Earnings Conference Call April 17, 2025 8:00 AM ET Company Participants Brad Milsaps - Investor Relations Bill Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Brad Bender - Chief Risk Officer Conference Call Participants Ken Usdin - Autonomous Research John Pancari - Evercore Erika Najarian - UBS Mike Mayo - Wells Fargo Betsy Graseck - Morgan Stanley Matt O'Connor - Deutsche Bank Ebrahim Poonawala - Bank of America Gerard Cassidy - RBC Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation First Quarter 2025 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 week ago
Truist Financial (TFC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Truist Financial (TFC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 week ago
Truist Financial Corporation (TFC) Q1 Earnings Surpass Estimates
Truist Financial Corporation (TFC) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.90 per share a year ago.
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