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 7,363 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
103% more first-time investments, than exits
New positions opened: 177 | Existing positions closed: 87
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
4% more funds holding
Funds holding: 1,462 [Q3] → 1,522 (+60) [Q4]
1% less capital invested
Capital invested by funds: $42.9B [Q3] → $42.3B (-$535M) [Q4]
2% less repeat investments, than reductions
Existing positions increased: 577 | Existing positions reduced: 587
2.24% less ownership
Funds ownership: 74.87% [Q3] → 72.63% (-2.24%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$51
24%
upside
Avg. target
$55
33%
upside
High target
$57
38%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Baird David George 50% 1-year accuracy 4 / 8 met price target | 26%upside $52 | Outperform Upgraded | 5 Mar 2025 |
Morgan Stanley Betsy Graseck 67% 1-year accuracy 30 / 45 met price target | 36%upside $56 | Equal-Weight Maintained | 21 Jan 2025 |
Stephens & Co. Terry McEvoy 59% 1-year accuracy 17 / 29 met price target | 38%upside $57 | Overweight Maintained | 21 Jan 2025 |
Keefe, Bruyette & Woods David Konrad 50% 1-year accuracy 15 / 30 met price target | 38%upside $57 | Outperform Maintained | 21 Jan 2025 |
Barclays Jason Goldberg 61% 1-year accuracy 34 / 56 met price target | 24%upside $51 | Equal-Weight Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 7 articles about TFC published over the past 30 days
Neutral
Zacks Investment Research
3 days ago
TFC or NTRS: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Banks - Major Regional sector might want to consider either Truist Financial Corporation (TFC) or Northern Trust Corporation (NTRS). But which of these two stocks offers value investors a better bang for their buck right now?
Neutral
PRNewsWire
2 weeks ago
Truist to speak at the RBC Capital Markets Global Financial Institutions Conference
CHARLOTTE, N.C. , Feb. 20, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at the RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 5, 2025, at 10:00 a.m.
Positive
Seeking Alpha
3 weeks ago
Buy 5 'Safer' Dividend Dogs Of 23 February Barron's Better Bets Than T-Bills
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” - Barron's Weekly. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, noted that a growing dividend is a tangible benefit for shareholders and a hallmark of companies with strong balance sheets. "Nobody can fake a dividend," he said.
Neutral
Fox Business
3 weeks ago
Big bank CEOs to meet with lawmakers on solutions to debanking
A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
Neutral
Seeking Alpha
3 weeks ago
Truist Financial Corporation (TFC) Bank of America Securities Financial Services Conference (Transcript)
Truist Financial Corporation (NYSE:TFC ) Bank of America Securities Financial Services Conference February 12, 2025 11:20 AM ET Company Participants Kristin Lesher - Chief of Wholesale Banking Conference Call Participants Unidentified Analyst For our next session, we have Kristin Lesher, Chief of Wholesale Banking from Truist Financial. So Kristin, thank you so much for joining us this morning.
Neutral
Seeking Alpha
3 weeks ago
Truist Financial Corporation (TFC) UBS Financial Services Conference (Transcript)
Truist Financial Corporation (NYSE:TFC ) UBS Financial Services Conference February 11, 2025 1:00 PM ET Company Participants Mike Maguire - Chief Financial Officer Conference Call Participants Erika Najarian - UBS Erika Najarian Buddy, as I say, no rest for the weary. But obviously my energy levels are back up, because we have Mike Maguire from Truist, CFO on stage.
Neutral
Zacks Investment Research
3 weeks ago
TFC or NTRS: Which Is the Better Value Stock Right Now?
Investors interested in Banks - Major Regional stocks are likely familiar with Truist Financial Corporation (TFC) and Northern Trust Corporation (NTRS). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
Zacks Investment Research
1 month ago
Are You Looking for a Top Momentum Pick? Why Truist Financial Corporation (TFC) is a Great Choice
Does Truist Financial Corporation (TFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
PRNewsWire
1 month ago
Truist to speak at the BofA Securities Financial Services Conference
CHARLOTTE, N.C. , Feb. 3, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Wholesale Banking Officer Kristin Lesher will speak at the BofA Securities Financial Services Conference on Wednesday, Feb. 12, 2025, at 11:20 a.m.
Neutral
PRNewsWire
1 month ago
Truist to speak at the UBS Financial Services Conference
CHARLOTTE, N.C. , Jan. 31, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at the UBS Financial Services Conference on Tuesday, Feb. 11, 2025, at 1:00 p.m.
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