Truist Financial Corporation (TFC) Stock Price, Chart & Analysis
About Truist Financial Corporation (TFC)
Financial Services · Banks - Regional
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through two segments, Consumer and Small Business Banking; and Wholesale Banking. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; credit card lending; home equity and mortgage lending; other direct retail lending; home mortgage lending; Investment brokerage services; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; and small business lending. In addition, it offers asset-based lending, commercial deposit and treasury services; commercial lending; floor plan lending; derivatives; institutional trust services; insurance premium finance; international banking; investment banking and capital markets services; leasing; merchant services; mortgage warehouse lending; real estate lending; supply chain financing; and wealth management/private banking. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Exchange
- NYQ
- CEO
- Mr. William Henry Rogers Jr.
- Employees
- 37,833
- IPO year
- 1980
- Market cap
- $59.3B
- P/E (TTM)
- 12.50
- Forward P/E
- 9.83
- EPS (TTM)
- $3.88
- Book value
- $46.78
- Dividend yield
- 0.0430%
- 52-week range
- $43.13 – $56.2
- Beta
- 0.91
- Revenue (TTM)
- $18.3B
- Profit margin
- 28.4%
- Return on equity
- 8.2%