Please read our Financial Services Guide before deciding whether to obtain financial services from us. What Type Of Shareholders Own The Most Number of Truist Financial Corporation (NYSE:TFC) Shares? Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Truist Financial has a PEG Ratio of 1.75. 72.11% of the stock of Truist Financial is held by institutions. Some companies that are related to Truist Financial include The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Western Alliance Bancorporation (WAL) and Prosperity Bancshares (PB). Mr. Kelly Stuart King is Chairman and Chief Executive Officer of Truist Financial Corporation since December 2019 during the merger of equals between BB&T Corporation and SunTrust Banks Inc. View Truist Financial's dividend history. The New York Stock Exchange is seen in New York, Monday, Nov. 23, 2020. TFC's dividend payments have increased over the past 10 years. Return vs Industry: TFC exceeded the US Banks industry which returned -9.7% over the past year. TFC is trading below fair value by more than 20%. BlackBerry (BB) President and COO Bryan Palma to Leave - StreetInsider.com, Brazil’s BB Seguridade posts 21% rise in Q3 adjusted net income - Reuters, Interesting BB Put And Call Options For December 13th - Nasdaq, Is There An Opportunity With Société BIC SA's (EPA:BB) 29% Undervaluation? Kelly S. King has an approval rating of 92% among Truist Financial's employees. Truist Financial has a P/B Ratio of 1.05. Further, the company provides retail and wholesale brokerage, equity and debt underwriting, and investment advice. How has Truist Financial's share price performed over time and what events caused price changes? Two years later, Branch, his father-in-law Gen. Joshua Barnes, Hadley, and three other men secured a charter from the North Carolina General Assemblyto operate the Wilson Banking and Trust Company. Senior EVP and Head of Banking & Insurance, Senior Vice President of Corporate Communications, Senior EVP and Chief Digital & Client Experience Officer, Senior EVP & Head of Commercial Community Banking, Chairman & CEO at Truist Insurance Holdings. Identify stocks that meet your criteria using seven unique stock screeners. CHARLOTTE, N.C., Jan. 26, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable on March 1, 2021, to shareholders of record at the close of business on February 12, 2021. It is a commercial bank, which offers banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community. Based on earnings estimates, Truist Financial will have a dividend payout ratio of 48.26% next year. What is Truist Financial current dividend yield, its reliability and sustainability? Notable Dividend: TFC's dividend (3.75%) is higher than the bottom 25% of dividend payers in the US market (1.44%). Dilution of Shares: Shareholders have not been meaningfully diluted in the past year. TFC stock was acquired by a variety of institutional investors in the last quarter, including Deroy & Devereaux Private Investment Counsel Inc., Clark Capital Management Group Inc., Nachman Norwood & Parrott Inc, RNC Capital Management LLC, Royal London Asset Management Ltd., Parkside Investments LLC, Calamos Advisors LLC, and Gillespie Robinson & Grimm Inc.. Company insiders that have bought Truist Financial stock in the last two years include Nido R Qubein, Patrick C Graney III, and Thomas Nichols Thompson. View which stocks have been most impacted by COVID-19. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Accelerating Growth: TFC's earnings growth over the past year (38.1%) exceeds its 5-year average (14% per year). To see all exchange delays and terms of use please see disclaimer. Looking for new stock ideas? Compensation vs Earnings: Kelly's compensation has increased by more than 20% in the past year. Is It Time To Consider Buying Truist Financial Corporation (NYSE:BBT)? More Details, Trading at 25.1% below our estimate of its fair value, Earnings are forecast to grow 11.8% per year, Earnings grew by 38.1% over the past year, Significant insider selling over the past 3 months. Specifically, they have bought $0.00 in company stock and sold $11,684,316.00 in company stock. High Dividend: TFC's dividend (3.75%) is low compared to the top 25% of dividend payers in the US market (3.97%). Truist Financial has only been increasing its dividend for 1 years. Find real-time TFC - Truist Financial Corp stock quotes, company profile, news and forecasts from CNN Business. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. On average, they expect Truist Financial's share price to reach $49.26 in the next year. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Insider Buying: TFC insiders have only sold shares in the past 3 months. During the same quarter last year, the firm posted $1.04 EPS. Truist Financial's stock was trading at $33.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Learn more. Since then, TFC stock has increased by 42.5% and is now trading at $47.98. 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. Some of it will be achieved through merging the various technology systems, such as eliminating redundant hardware an… The insurance provider earns $3.22 billion in net income (profit) each year or $4.37 on an earnings per share basis. The Federal Reserve required BB&T and SunTrust to sell 30 branches and divest $2.4 billion in assets as a condition of the merger. Truist Financial is scheduled to release its next quarterly earnings announcement on Monday, April 19th 2021. Hedge Funds Are Warming Up To BB&T Corporation (BBT), Janney steps to the sidelines on BB&T ahead of merger. Loan Level: TFC has an appropriate level of Loans to Assets ratio (58%). The dividend payout ratio of Truist Financial is 41.19%. Sign-up to receive the latest news and ratings for TFC and its competitors with MarketBeat's FREE daily newsletter. High institutional ownership can be a signal of strong market trust in this company. 87% of TFC's liabilities are made up of primarily. ... stock information and shareholder services. Experienced Board: TFC's board of directors are seasoned and experienced ( 11.4 years average tenure). Truist is the 6th largest bank reaching over 10 million households. Compare Top Brokerages Here. Explore potentially undervalued companies in the Banks industry. TFC ($47.98) is trading below our estimate of. Learn about financial terms, types of investments, trading strategies and more. (This company is analysed differently as a bank or financial institution). Truist is a regional bank with a presence primarily in the southeastern United States. Truist Financial employs 53,693 workers across the globe. PEG Ratio: TFC is poor value based on its PEG Ratio (1.3x). (Add your “outperform” vote. CU Bancorp operates as a holding company of California United Bank. Return vs Market: TFC underperformed the US Market which returned 21.9% over the past year. US$0 mil callable Non-Cumulative Perpetual ser R. Only 0.35% of the stock of Truist Financial is held by insiders. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, commercial middle market lending, floor plan lending, commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. View Truist Financial's earnings history. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. with total assets of $509 billion as of December 31, 2020. 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Truist Financial in the last twelve months. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. How experienced are the management team and are they aligned to shareholders interests? Quality Earnings: TFC has high quality earnings. Now it's one of America's biggest banks. Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern, Unless specified all financial data is based on a yearly period but updated quarterly. Learn more here. Truist Financial has a market capitalization of $64.68 billion and generates $14.66 billion in revenue each year. Truist Bank, Member FDIC. Security CUSIP, ISIN Ticker Depositary Share Ownership Interest Issue Date Annual Dividend Rate Learn more, Shareholders Of Truist Financial (NYSE:TFC) Must Be Happy With Their 97% Return. Both companies come to this merger on solid footing. Get daily stock ideas top-performing Wall Street analysts. This payout ratio is at a healthy, sustainable level, below 75%. View all of TFC's competitors. TFC underperformed the US Market which returned 21.9% over the past year. With Truist, you’ll experience even more ways to grow your financial confidence, while maintaining the personal support and advice you’ve come to know. Low Risk Deposits: TFC's Loans to Deposits ratio (77%) is appropriate. Truist Financial has received 716 “outperform” votes. The Zacks Analyst Blog Highlights: JPMorgan, Bank of America, Citigroup, Wells Fargo and Truist Financial Zacks Equity Research 01/20/2021 12:36 AM ET … PE vs Market: TFC is good value based on its PE Ratio (15.4x) compared to the US market (20.2x). The insurance provider can be reached via phone at 336-733-2000 or via email at [email protected]. Truist Financial pays a meaningful dividend of 3.66%, higher than the bottom 25% of all stocks that pay dividends. Is Truist Financial a buy right now? Campbell said Truist will keep the separate BB&T and SunTrust brands until early 2022, when the bank has scheduled its core conversion. Shares of TFC can be purchased through any online brokerage account. The Company operates through its commercial bank subsidiary, Truist Bank (the Bank). This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Combining the best of BB&T and SunTrust, Truist is here to help build better communities. Truist Financial had a net margin of 16.95% and a trailing twelve-month return on equity of 7.76%. Truist Financial Corporation's company bio, employee growth, exchange listings and data sources, Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern... Show more. View preferred stock issues outstanding for Truist. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern and Mid-Atlantic United States. As of December 31, 2019, the company operated through approximately 2,958 banking offices. You may vote once every thirty days. This indicates that Truist Financial will be able to sustain or increase its dividend. Truist Financial pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.66%. See what's happening in the market right now with MarketBeat's real-time news feed. TFC's dividends per share have been stable in the past 10 years. Truist Financial has received a consensus rating of Hold. (Add your “underperform” vote.). Is Truist Financial Corporation (NYSE:TFC) A Good Fit For Your Dividend Portfolio? have only sold shares in the past 3 months. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina. High Growth Revenue: TFC's revenue (2.9% per year) is forecast to grow slower than 20% per year. © American Consumer News, LLC dba MarketBeat® 2010-2021. Future Dividend Coverage: TFC's dividends in 3 years are forecast to be well covered by earnings (39.3% payout ratio). Explore more healthy companies in the Banks industry. TFC's earnings are forecast to grow, but not. Revenue vs Market: TFC's revenue (2.9% per year) is forecast to grow slower than the US market (10.4% per year). (1x) is in line with the US Banks industry average. Truist Financial price target raised to $57 from $46 at Raymond James, stock rated outperform Jan. 7, 2021 at 10:33 a.m. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. View analyst ratings for Truist Financial or view top-rated stocks among Wall Street analysts. How is Truist Financial forecast to perform in the next 1 to 3 years based on estimates from 15 analysts? TFC earnings growth over the past year (38.1%) exceeded the Banks industry -1.1%. The mergeris expected to result in an overall expense reduction of $1.6 billion by 2022. 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