The Latest Breaking News from Truist Financial

 

Over the past 3 months, 5 analysts have published their opinion on Truist Financial (NYSE:TFC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Truist Financial's (NYSE:TFC) short percent of float has fallen 19.15% since its last report. The company recently reported that it has 10.15 million shares sold short, which is 0.76% of all regular shares that are available for trading.

Truist Financial (NYSE:TFC) has outperformed the market over the past 5 years by 15.81% on an annualized basis producing an average annual return of 24.3%. Currently, Truist Financial has a market capitalization of $61.36 billion.

Truist Financial (NYSE:TFC) has outperformed the market over the past 5 years by 15.14% on an annualized basis producing an average annual return of 26.21%. Currently, Truist Financial has a market capitalization of $65.49 billion.

Over the past 3 months, 4 analysts have published their opinion on Truist Financial (NYSE:TFC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

To tame multi-decade high inflation, the Federal Reserve has hinted at raising the interest rates aggressively this year. U.S. Treasury yields are also hitting new highs. This environment will help banks generate more interest income. So, the question becomes, with solid revenue and earnings growth potential, is it wise now…

  Truist Financial (NYSE:TFC) reported its Q1 earnings results on Tuesday, April 19, 2022 at 05:45 AM. Here's what investors need to know about the announcement.

Truist Financial (NYSE:TFC) will host a conference call at 08:00 AM ET on April 19, 2022, to discuss Q1 2022 earnings results. How to Attend Truist Financial (TFC) Conference Call Follow this link to access the live webcast.

Truist Financial (NYSE:TFC) is set to give its latest quarterly earnings report on Tuesday, 2022-04-19. Here's what investors need to know before the announcement. Analysts estimate that Truist Financial will report an earnings per share (EPS) of $1.10.

If history is any guide, there may be trouble ahead for shares of Truist Financial (NYSE:TFC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.