They reported earlier this week: they beat revenues, but missed EPS. They took a $6 billion impairment charge that he wants to learn more about. TFC is okay going forward.
They just missed earnings and guided down for the second-straight quarter. It's one of the few regional banks last week that didn't rise.
(A Top Pick Nov 08/19, Down 8%) This was BB&T Corp. a bank in North Caroline and along the east coast. Was well-run. It merged with Sun Trust and changed names. This is especially strong in the southeast of the US, which he likes for its strong economics and demographics. The rising US yield curve is a tailwind and profitable for TFC.
Truist Financial is a American stock, trading under the symbol TFC-N on the New York Stock Exchange (TFC). It is usually referred to as NYSE:TFC or TFC-N
In the last year, there was no coverage of Truist Financial published on Stockchase.
Truist Financial was recommended as a Top Pick by on . Read the latest stock experts ratings for Truist Financial.
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0 stock analysts on Stockchase covered Truist Financial In the last year. It is a trending stock that is worth watching.
On 2025-02-18, Truist Financial (TFC-N) stock closed at a price of $47.61.
Pays a 5.6% dividend, conservative and well-run. Likes it.