Truist Financial Corporation
Truist Financial Corporation
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Overview
What the company does, where it operates, and who runs it.
About Truist Financial Corporation
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- William Henry Rogers Jr.
- Headquarters
- 214 North Tryon Street, Charlotte, NC, US
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- William Henry Rogers Jr.
- Headquarters
- 214 North Tryon Street, Charlotte, NC, US
Truist Financial Corporation, a diversified financial holding company, provides an extensive range of banking and fiduciary services throughout the Southeastern and Mid-Atlantic United States.
The enterprise is structured with three core operating segments: Consumer Banking and Wealth Management, Corporate and Commercial Banking, and Insurance Holdings.
Clients can access a variety of deposit instruments, including non-interest-bearing and interest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts.
Beyond traditional deposits, Truist offers a broad spectrum of financial solutions such as funding services; asset management; diverse lending options like automobile, bankcard, consumer finance, home equity, and mortgage loans; as well as small business and student lending.
The company's comprehensive insurance portfolio covers property and casualty, life, health, employee benefits, workers' compensation, professional liability, surety, and title insurance. Additional services include investment brokerage, advanced mobile and online banking platforms, payment processing, and lease financing.
Truist also provides specialized wealth management and private banking services.
Its extensive commercial and corporate offerings encompass capital market services, institutional trust administration, international banking, and various commercial finance solutions including insurance premium and general commercial financing, leasing, and merchant services.
The firm also manages commercial deposits and treasury operations, government finance, and a wide array of commercial lending products, such as middle-market, floor plan, commercial mortgage, mortgage warehouse, private equity investment, real estate, and supply chain financing.
Furthermore, Truist delivers sophisticated corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2021, Truist operated a network of 2,517 banking offices.
The company, originally known as BB&T Corporation, formally adopted the name Truist Financial Corporation in December 2019. Founded in 1872, its headquarters are located in Charlotte, North Carolina.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Truist Financial Corporation, and the rating behind it. TFC-PR last traded at $16.64, 10.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Truist Financial Corporation. Starting points for Truist Financial Corporation: P/E 10.3, EPS $4.77, beta 0.88 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Truist Financial Corporation. Truist Financial Corporation paid $1.19 per share over the last year — a 7.1% yield at the current $16.64 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Truist Financial Corporation. Trailing twelve-month EPS for Truist Financial Corporation stands at $4.77. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Truist Financial Corporation. Truist Financial Corporation has reported as a listed company since 2020. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Truist Financial Corporation valued side by side against its closest peers. Truist Financial Corporation is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Truist Financial Corporation, and how their positions are changing. At a $58.60B market value, institutional positions materially move Truist Financial Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Truist Financial Corporation executives and directors. Shares of Truist Financial Corporation have traded between $18.04 and $20.99 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Truist Financial Corporation. Truist Financial Corporation is a $58.60B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Truist Financial Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Truist Financial Corporation. Coverage tracks Truist Financial Corporation within Banks - Regional (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.