Truist Financial Corporation(TFC) Stock Research - Grey Stern Research
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Truist Financial Corporation (TFC) Stock Analysis

$35.90 (-0.28%)

TFC Financial Performance


Use the table below to view Truist Financial Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $35.90 -
52 Week Low $33.56 -
52 Week High $49.06 -
Market Cap $46.9 Billion 3/12
Gross Margin 0% 11/12
Profit Margin 0% 9/12
EBITDA margin -100% 11/12
Q3 - 2024 Revenue $0 11/12
Q3 - 2024 Earnings $0 10/12
Q3 - 2024 Free Cash Flow $0 7/12
Trailing 4 Quarters Revenue $13.3 Billion 3/12
Trailing 4 Quarters Earnings $3.4 Billion 3/12
Quarterly Earnings Growth 100% 4/12
Annual Earnings Growth 316% 1/12
Quarterly Revenue Growth -100% 11/12
Annual Revenue Growth -48% 12/12
Cash On Hand $0 11/12
Short Term Debt $29.2 Billion 1/12
Long Term Debt $35.0 Billion 3/12

Truist Financial Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Truist Financial Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 13.90 2/12
PS 3.53 1/12
PB 0.74 11/12
PC -1.00 11/12
Liabilities to Equity 7.34 10/12
ROA 0.01 2/12
ROE 0.05 11/12
Current Ratio 1.14 2/12
Quick Ratio 0.00 11/12
Long Term Debt to Equity 0.55 7/12
Debt to Equity 1.01 5/12
Burn Rate -1.00 11/12
Cash to Cap 0.00 11/12
CCR 8/12
EV to EBITDA -1.00 4/12
EV to Revenue -1.00 5/12

Company Details

Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. 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; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. 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.

CEO: Mr. Kelly King

Website: https://www.truist.com

Address: 214 N. Tryon St. Charlotte, NORTH CAROLINA

Exchange: New York Stock Exchange

Industry: Banks—Regional

Truist Financial Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Truist Financial Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
KeyCorp KEY $15.6 Billion
Regions Financial Corporation RF $17.5 Billion
Fifth Third Bancorp FITB $22.8 Billion
U.S. Bancorp USB $59.5 Billion
Huntington Bancshares Incorporated HBAN $20.0 Billion
Zions Bancorporation, National Association ZION $6.5 Billion
The PNC Financial Services Group, Inc. PNC $60.3 Billion
Comerica Incorporated CMA $6.9 Billion
Western Alliance Bancorporation WAL $7.3 Billion
M&T Bank Corporation MTB $26.0 Billion
PacWest Bancorp PACW $904.5 Million
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Income Statement
Balance Sheet
Cash Flow Statement
TFC Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 0 $0
Q3 2024 $ 7.8 Billion $1.4 Billion
Q2 2024 $ 1.1 Billion $903.0 Million
Q1 2024 $ 4.3 Billion $1.0 Billion
Q4 2023 $ 8.4 Billion -$5.1 Billion
Q3 2023 $ 5.7 Billion $1.2 Billion
Q2 2023 $ 5.9 Billion $1.3 Billion
Q1 2023 $ 6.1 Billion $1.5 Billion

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TFC Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $0 $531.2 Billion $64.2 Billion $63.7 Billion
Q3 2024 $0 $523.4 Billion $57.6 Billion $65.7 Billion
Q2 2024 $5.2 Billion $519.9 Billion $57.4 Billion $63.8 Billion
Q1 2024 $34.6 Billion $535.0 Billion $39.1 Billion $59.1 Billion
Q4 2023 $5.1 Billion $535.3 Billion $63.7 Billion $59.3 Billion
Q3 2023 $29.8 Billion $542.7 Billion $64.7 Billion $61.8 Billion
Q2 2023 $30.0 Billion $554.5 Billion $69.2 Billion $63.5 Billion
Q1 2023 $37.6 Billion $574.4 Billion $93.6 Billion $62.4 Billion

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TFC Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $954.8 Million $95.0 Million -$1.2 Billion
Q2 2024 $1.2 Billion $0 $5.9 Billion
Q1 2024 $0 $0 $0
Q4 2023 $350.0 Million $0 $350.0 Million
Q3 2023 $8.8 Billion $6.4 Billion -$178.0 Million
Q2 2023 $3.7 Billion $0 -$6.6 Billion
Q1 2023 $118.0 Million $0 $15.2 Billion
Q4 2022 $3.5 Billion $0 -$804.0 Million

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