Truist Financial Corp

Company Profile

Truist Financial Corp had its IPO on 1990-03-26 under the ticker symbol TFC.

The company operates in the Financial Services sector and Banks-Regional industry. Truist Financial Corp has a staff strength of 52,848 employees.

Stock update

Shares of Truist Financial Corp opened at $30.37 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $29.92 - $30.8, and closed at $30.01.

This is a -0.33% slip from the previous day's closing price.

A total volume of 8,670,518 shares were traded at the close of the day’s session.

In the last one week, shares of Truist Financial Corp have slipped by -2.88%.

Truist Financial Corp's Key Ratios

Truist Financial Corp has a market cap of $41.16 billion, indicating a price to book ratio of 1.0351 and a price to sales ratio of 2.4812.

In the last 12-months Truist Financial Corp’s revenue was $22.33 billion with a gross profit of $22.26 billion and an EBITDA of $0. The EBITDA ratio measures Truist Financial Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Truist Financial Corp’s operating margin was 38.67% while its return on assets stood at 1.12% with a return of equity of 9.76%.

In Q2, Truist Financial Corp’s quarterly earnings growth was a negative -15.6% while revenue growth was a negative 1.9%.

Truist Financial Corp’s PE and PEG Ratio

Forward PE

7.8927

Trailing PE

7.1363

PEG

0.8768

Its diluted EPS in the last 12-months stands at $4.33 per share while it has a forward price to earnings multiple of 7.8927 and a PEG multiple of 0.8768. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Truist Financial Corp’s profitability.

Truist Financial Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.4812.

Truist Financial Corp stock pays annual dividends of $2.08 per share, indicating a yield of 6.73% and a payout ratio of 45.41%.

Balance sheet and cash flow metrics

Total Assets

$554.55 billion

Total Liabilities

$24.46 billion

Operating Cash Flow

$9.52 billion

Capital Expenditure

$0

Dividend Payout Ratio

45.41%

Truist Financial Corp ended 2024 with $554.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $554.55 billion while shareholder equity stood at $63.53 billion.

Truist Financial Corp ended 2024 with $0 in deferred long-term liabilities, $24.46 billion in other current liabilities, 6660000000.00 in common stock, $27.58 billion in retained earnings and $27.01 billion in goodwill. Its cash balance stood at $30.01 billion and cash and short-term investments were $98.98 billion. The company’s total short-term debt was $24,456,000,000 while long-term debt stood at $44.75 billion.

Truist Financial Corp’s total current assets stands at $98.98 billion while long-term investments were $129.02 billion and short-term investments were $68.97 billion. Its net receivables were $12.21 billion compared to accounts payable of $0 and inventory worth $0.

In 2024, Truist Financial Corp's operating cash flow was $9.52 billion while its capital expenditure stood at $0.

Comparatively, Truist Financial Corp paid $0.45 in dividends in 2024.

Other key metrics

Current Trading Price

$30.01

52-Week High

$48.9512

52-Week Low

$24.6692

Analyst Target Price

$36.82

Truist Financial Corp stock is currently trading at $30.01 per share. It touched a 52-week high of $48.9512 and a 52-week low of $48.9512. Analysts tracking the stock have a 12-month average target price of $36.82.

Its 50-day moving average was $31.04 and 200-day moving average was $35.52 The short ratio stood at 1.83 indicating a short percent outstanding of 0%.

Around 29.5% of the company’s stock are held by insiders while 7475.1% are held by institutions.