1.22%
10.72%
10.88%
6.85%
25.81%
-23.56%
-7.88%
AI Spotlight on TFC
Company Description
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.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; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services.In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services.Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services.
As of December 31, 2021, the company operated through 2,517 banking offices.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.
Market Data
| Last Price | 48.02 |
| Change Percentage | 1.22% |
| Open | 48 |
| Previous Close | 47.44 |
| Market Cap ( Millions) | 63748 |
| Volume | 7746904 |
| Year High | 49.06 |
| Year Low | 34.23 |
| M A 50 | 45.65 |
| M A 200 | 42.07 |
Financial Ratios
| FCF Yield | 12.15% |
| Dividend Yield | 4.33% |
| ROE | -2.50% |
| Debt / Equity | 87.72% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 0.98 |
| Price Earnings Ratio | -41.39 |
| Price To FCF | 8.23 |
| Price To sales | 2.85 |
| EV / EBITDA | 0 |
News
- Jan -28 - Truist declares common and preferred stock dividends
- Jan -21 - Sheffield Financial and Scarab launch new nationwide retail financing partnership
- Jan -20 - Truist Financial: Limited Upside Potential In 2025 (Rating Downgrade)
- Jan -17 - Truist Financial Corporation (TFC) Q4 2024 Earnings Conference Call Transcript
- Jan -17 - Truist Financial's Q4 Earnings Beat as NII & Fee Income Rise, Stock Up
- Jan -17 - Truist Blends Innovation With Operational Stability and Digital Efficiency
- Jan -17 - Truist Financial: Optimism Boosted Further By 2024 Results
- Jan -17 - Truist Financial (TFC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Jan -17 - Truist Financial: Q4 EPS Beats Estimates
- Jan -17 - Truist Financial Corporation (TFC) Tops Q4 Earnings and Revenue Estimates
- Jan -17 - Truist reports fourth quarter 2024 results
- Jan -15 - Sirona Biochem Showcases TFC-1326 in Stonegate Healthcare's Landmark Report
- Jan -15 - Truist Foundation partners with Center for Disaster Philanthropy to provide over $20M in disaster recovery grants in Western North Carolina
- Jan -14 - Higher NII to Aid Truist's Q4 Earnings, Lower Fee Income to Hurt
- Jan -14 - Insights Into Truist Financial (TFC) Q4: Wall Street Projections for Key Metrics
- Jan -09 - Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
- Jan -03 - Major Regional Bank Industry Healthy: 4 Stocks to Gain in 2025
- Jan -01 - Why Truist Financial (TFC) Could Beat Earnings Estimates Again
- Dec -20 - Truist announces fourth-quarter 2024 earnings call details
- Dec -11 - Truist receives 'Outstanding' Community Reinvestment Act rating
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Consumer Banking and Wealth
Expected Growth : 1.2 %
What the company do ?
Consumer Banking and Wealth from Truist Financial Corporation offers personalized banking, lending, and investment solutions to individuals and families, helping them achieve their financial goals.
Why we expect these perspectives ?
Truist Financial Corporation's Consumer Banking and Wealth segment growth of 1.2% is driven by increasing consumer spending, low unemployment rates, and rising household wealth. Additionally, the segment benefits from the company's investments in digital transformation, expansion of its wealth management business, and strategic partnerships. These factors contribute to increased customer acquisition and retention, ultimately driving revenue growth.
Segment n°2 -> Corporate and Commercial Banking
Expected Growth : 0.8 %
What the company do ?
Corporate and Commercial Banking from Truist Financial Corporation provides financial solutions to businesses, including cash management, lending, and treasury services to support their growth and success.
Why we expect these perspectives ?
Truist Financial Corporation's Corporate and Commercial Banking segment growth of 0.8% is driven by a combination of factors, including a moderate loan growth, stable net interest margin, and disciplined expense management. Additionally, the segment benefits from a diversified revenue stream, a strong risk management framework, and a solid balance sheet.
Segment n°3 -> Insurance Holdings
Expected Growth : 1.1 %
What the company do ?
Insurance Holdings from Truist Financial Corporation refers to the company's insurance subsidiaries, providing life, property, and casualty insurance products to individuals and businesses.
Why we expect these perspectives ?
Truist Financial Corporation's Insurance Holdings segment growth of 1.1% is driven by increasing demand for life insurance products, expansion of distribution channels, and strategic partnerships. Additionally, the segment benefits from a low interest rate environment, which increases the appeal of insurance products with guaranteed returns. Furthermore, the company's focus on digital transformation and customer experience enhancement also contributes to the growth.
Segment n°4 -> Other, Treasury & Corporate
Expected Growth : 0.9 %
What the company do ?
Other, Treasury & Corporate from Truist Financial Corporation refers to the segment that manages the company's investment portfolio, funding, and capital management activities.
Why we expect these perspectives ?
Truist Financial Corporation's Other, Treasury & Corporate segment growth of 0.9% is driven by disciplined expense management, optimized funding mix, and strategic investments in digital transformation, enabling the company to navigate a challenging interest rate environment and maintain a strong capital position.
Truist Financial Corporation Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | Provides a range of deposit and loan products to individuals, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Corporate and Commercial Banking | Offers a range of financial solutions to businesses, including cash management, treasury services, and commercial lending. |
| Investment Banking and Markets | Provides advisory services, capital raising, and risk management solutions to corporations, governments, and institutional investors. |
| Wealth Management | Offers investment management, brokerage, and trust services to individuals, families, and institutions. |
| Mortgage Banking | Provides residential mortgage lending and servicing solutions to individuals and institutions. |
| Insurance | Offers a range of insurance products, including life, disability, and long-term care insurance. |
| Digital Banking | Provides online and mobile banking solutions to individuals and businesses. |
Truist Financial Corporation's Porter Forces
Threat Of Substitutes
Truist Financial Corporation operates in a highly competitive industry, and customers have various alternatives to choose from. However, the company's strong brand recognition and diversified product offerings mitigate the threat of substitutes.
Bargaining Power Of Customers
Truist Financial Corporation's customers have significant bargaining power due to the availability of alternative financial institutions and online banking services. This forces the company to maintain competitive pricing and high-quality services.
Bargaining Power Of Suppliers
Truist Financial Corporation has a diversified supplier base, which reduces the bargaining power of individual suppliers. The company's large scale of operations also gives it negotiating power over suppliers.
Threat Of New Entrants
The financial services industry has high barriers to entry, including regulatory requirements and significant capital investments. This limits the threat of new entrants and allows Truist Financial Corporation to maintain its market position.
Intensity Of Rivalry
The financial services industry is highly competitive, with many established players competing for market share. Truist Financial Corporation must continually innovate and improve its services to maintain its competitive edge.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.94% |
| Debt Cost | 3.95% |
| Equity Weight | 48.06% |
| Equity Cost | 9.22% |
| WACC | 6.48% |
| Leverage | 108.09% |
Truist Financial Corporation : Quality Control
Truist Financial Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PFBC | Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in … |
| FCNCA | First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit … |
| PNC | The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as … |
| OPBK | OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, … |
| MTB | M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
OpenBank
A-Score
1-Year Total Return ->
🥈
Preferred Bank
A-Score
1-Year Total Return ->
🥉
Truist
A-Score
1-Year Total Return ->
4
PNC Financial Services Group
A-Score
1-Year Total Return ->
5
M&T Bank
A-Score
1-Year Total Return ->
6
