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 7,407 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
112% more first-time investments, than exits
New positions opened: 182 | Existing positions closed: 86
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] → 1,530 (+69) [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: 578 | Existing positions reduced: 589
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$42
18%
upside
Avg. target
$49
38%
upside
High target
$57
60%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Morgan Stanley Betsy Graseck 40% 1-year accuracy 22 / 55 met price target | 21%upside $43 | Equal-Weight Maintained | 7 Apr 2025 |
JP Morgan Vivek Juneja 30% 1-year accuracy 3 / 10 met price target | 18%upside $42 | Neutral Maintained | 3 Apr 2025 |
Wells Fargo Mike Mayo 24% 1-year accuracy 7 / 29 met price target | 40%upside $50 | Overweight Maintained | 28 Mar 2025 |
Citigroup Keith Horowitz 7% 1-year accuracy 2 / 27 met price target | 23%upside $44 | Neutral Maintained | 24 Mar 2025 |
Baird David George 33% 1-year accuracy 4 / 12 met price target | 46%upside $52 | Outperform Upgraded | 5 Mar 2025 |
Financial journalist opinion
Based on 12 articles about TFC published over the past 30 days
Neutral
Zacks Investment Research
12 hours ago
Rise in NII to Support Truist's Q1 Earnings, Lower Fee Income to Hurt
A decent lending scenario and relatively high rates are expected to have driven TFC's NII and supported Q1 earnings.
Positive
Zacks Investment Research
14 hours ago
Truist Financial (TFC) Soars 8.8%: Is Further Upside Left in the Stock?
Truist Financial (TFC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Positive
Zacks Investment Research
14 hours ago
Truist Financial Corporation (TFC) Expected to Beat Earnings Estimates: Should You Buy?
Truist Financial (TFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
2 days ago
Why Truist Financial (TFC) is Poised to Beat Earnings Estimates Again
Truist Financial (TFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
PRNewsWire
2 days ago
Sheffield Financial and Polaris extend multi-year retail financing partnership
WINSTON-SALEM, N.C. , April 8, 2025 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank, and Polaris Inc. (Polaris), a global leading powersports manufacturer, have extended their long-standing retail financing partnership, which began in 2009.
Neutral
PRNewsWire
3 days ago
Truist Foundation announces six finalists for third Inspire Awards
Finalists to receive funding, six-month support program to help scale innovative workforce solutions for mid- and late-career adults CHARLOTTE, N.C. , April 7, 2025 /PRNewswire/ -- Truist Foundation today announced the six finalists for its third Inspire Awards, a grant program supporting nonprofit organizations that are pioneering workforce development solutions for adults in the middle or later stages of their careers.
Neutral
PRNewsWire
1 week ago
Truist names Claudia Davis Adamson as head of small business banking
CHARLOTTE, N.C., April 1, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has hired Claudia Davis Adamson as head of small business banking.
Neutral
PRNewsWire
2 weeks ago
Truist Securities strengthens its biotech equity research coverage
Danielle Brill joins firm's growing sales, trading, and research team ATLANTA , March 25, 2025 /PRNewswire/ -- Truist Securities announced today that Danielle Brill has joined the firm as managing director, strengthening its equity research coverage in the biotechnology sector. Brill is the latest addition to Truist Securities, as the firm continues to expand its equity platform to broaden its capabilities in high-growth industries.
Neutral
Zacks Investment Research
2 weeks ago
Zacks Industry Outlook U.S. Bancorp, The Bank of New York Mellon, Truist Financial and Northern Trust
U.S. Bancorp, The Bank of New York Mellon, Truist Financial and Northern Trust have been highlighted in this Industry Outlook article.
Neutral
Zacks Investment Research
2 weeks ago
Major Regional Bank Industry Solid: 4 Stocks to Keep on the Radar
High funding costs, tariff-related uncertainty and poor asset quality will hurt the Zacks Major Regional Banks. Yet, interest rate cuts, decent loan demand and business restructuring will likely aid industry players like USB, BK, TFC & NTRS.
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