Truist Financial: Making Solid Progress [Seeking Alpha]
Truist Financial Corporation (TFC)
Last truist financial corporation earnings: 4/20 05:45 am
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Source: Seeking Alpha
Investing Group Leader Follow Summary Truist Financial Corporation's shares have surged near 52-week highs after a strong 2Q24 and expectations of a Fed rate cut in September. The bank has improved its CET1 ratio to 11.5% through strategic asset sales and balance sheet repositioning, enhancing capital adequacy. With a solid 4.7% yield and a PE ratio of 11 on FY2025E EPS, Truist is a solid value and dividend idea on any dips in the overall market. A full investment analysis around Truist Financial follows in the paragraphs below. Looking for a helping hand in the market? Members of The Insiders Forum get exclusive ideas and guidance to navigate any climate. Learn More » Shutthiphong Chandaeng/iStock via Getty Images Shares of super regional bank Truist Financial Corporation ( NYSE: TFC are trading near their 52-week high after posting a strong 2Q24, as expectations for a Fed rate cut in September increase. The bank sold its remaining 80% stake in Truist Insurance Hol
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TFC
News
- Truist Foundation announces $250,000 disaster relief, recovery grant in advance of Hurricane Francine hitting U.S. Gulf Coast [Yahoo! Finance]Yahoo! Finance
- Truist Foundation announces $250,000 disaster relief, recovery grant in advance of Hurricane Francine hitting U.S. Gulf CoastPR Newswire
- Truist Financial Corporation (TFC) Barclays 22nd Annual Global Financial Services Conference (Transcript) [Seeking Alpha]Seeking Alpha
- Truist Financial Co. (NYSE: TFC) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $50.00 price target on the stock.MarketBeat
- Truist Financial Corporation (TFC): Should You Invest In This Local Bank Stock Now? [Yahoo! Finance]Yahoo! Finance
TFC
Earnings
- 7/22/24 - Beat
TFC
Sec Filings
- 9/9/24 - Form 8-K
- 9/4/24 - Form 4
- 8/30/24 - Form 8-K
- TFC's page on the SEC website