- Investing.com
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.
Analyst Perspectives | Discover varied analyst views on Truist's potential, with price targets ranging from $41 to $55, reflecting a moderate buy consensus and 16% upside |
Market Positioning | Delve into Truist's competitive stance amidst industry-wide challenges, balancing capital markets slowdown with anticipated NIM improvements |
Strategic Capital Focus | Explore Truist's $500 million share repurchase program and its 11.5% CET1 ratio, showcasing commitment to shareholder value and financial stability |
Financial Resilience | Truist Financial navigates market challenges with strategic cost management and a strong capital position, aiming for mid-teens ROTCE despite revenue headwinds |

Metrics to compare | TFC | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipTFCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 12.3x | 12.8x | 9.9x | |
PEG Ratio | 0.89 | 0.28 | 0.03 | |
Price / Book | 1.0x | 1.0x | 1.0x | |
Price / LTM Sales | 3.3x | 3.9x | 2.9x | |
Upside (Analyst Target) | 9.0% | 12.6% | 14.5% | |
Fair Value Upside | Unlock | 25.4% | 1.7% | Unlock |