Truist Financial Corporation (TFC)

Last Closing Price: 37.97 (2024-04-25)

Company Description

Truist Financial is the sixth largest commercial bank in the United States. The company conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries, serving consumers and commercial clients. It has the following operating segments: Consumer Banking and Wealth comprises Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services. Corporate & Commercial Banking comprises Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group. Insurance Holdings provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Others, Treasury & Corporate includes Truist Financial's investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $33.25B
Net Income (Most Recent Fiscal Year) $-1.09B
PE Ratio (Current Year Earnings Estimate) 11.60
PE Ratio (Trailing 12 Months) 10.85
PEG Ratio (Long Term Growth Estimate) 2.00
Price to Sales Ratio (Trailing 12 Months) 1.54
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.97
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 4.06
Pre-Tax Margin (Trailing 12 Months) -2.22%
Net Margin (Trailing 12 Months) -4.28%
Return on Equity (Trailing 12 Months) 9.15%
Return on Assets (Trailing 12 Months) 0.92%
Current Ratio (Most Recent Fiscal Quarter) 0.82
Quick Ratio (Most Recent Fiscal Quarter) 0.82
Debt to Common Equity (Most Recent Fiscal Quarter) 0.75
Inventory Turnover (Trailing 12 Months) 4.90
Book Value per Share (Most Recent Fiscal Quarter) $39.25
Earnings per Share (Most Recent Fiscal Quarter) $0.90
Earnings per Share (Most Recent Fiscal Year) $3.59
Diluted Earnings per Share (Trailing 12 Months) $-1.32
Stock
Exchange NYSE
Sector Financial Services
Industry Banks - Regional
Common Shares Outstanding 1.33B
Free Float 1.33B
Market Capitalization $50.67B
Average Volume (Last 20 Days) 8.49M
Beta (Past 60 Months) 1.08
Percentage Held By Insiders (Latest Annual Proxy Report) 0.17%
Percentage Held By Institutions (Latest 13F Reports) 71.28%
Annual Dividend (Based on Last Quarter) $2.08
Dividend Yield (Based on Last Quarter) 5.48%