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CHARLOTTE, N.C., Sept. 10, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Jenna Kelly as head of the Consumer and Retail practice group within Truist Corporate Banking and Travis Rhodes as North Carolina West regional president for Truist's Commercial Banking business.
Truist Financial Corporation (NYSE:TFC ) Barclays 23rd Annual Global Financial Services Conference September 9, 2025 11:15 AM EDT Company Participants Michael Maguire - Senior EVP & CFO Conference Call Participants Jason Goldberg - Barclays Bank PLC, Research Division Presentation Jason Goldberg MD & Senior Equity Analyst Moving right along, very pleased to have Truist with us. From the company, Mike Maguire, Chief Financial Officer.
TFC is fueling growth with digital tools like AI assistants, LightStream lending and personalized insights to boost engagement and revenues.
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” —Barron's Weekly reported in October 2024. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, said growing-dividends are tangible-benefits for shareholders and identify companies with strong balance-sheets. "Nobody can fake a dividend," he said.
The Investment Committee give you their top stocks to watch for the second half.
Truist Financial's preferred dividends are well covered, using less than 7% of net income, reflecting strong financial health and reliable income for investors. Series R preferred shares offer a 6.1% yield at a discount with low call risk, making them attractive for fixed-income portfolios seeking stability and value. Truist's common shares also look appealing, trading at just 9x 2027 earnings estimates, supported by credible growth plans and potential for dividend hikes.
Truist is rolling out 100 new branches while doubling down on digital banking, AI tools and commercial growth to fuel long-term expansion.
Truist Financial is undervalued and poised for stable growth, supported by a strong balance sheet and excellent credit quality. Management's strategic actions, including the TIH divestiture and portfolio repositioning, have boosted capital and improved future profitability. A robust capital return program, with consistent dividends and share buybacks, demonstrates management's commitment to rewarding shareholders.
Truist is investing in its physical bank branches as it targets more affluent clients. The lender announced Wednesday (Aug. 20) that it will open 100 new branches and renovate 300 more in cities around the country, including Philadelphia, Dallas, Atlanta, Austin, Miami and Washington, all areas with the potential to cultivate relationships with affluent customers.
Loan growth lifts TFC's NII 3% in 1H25, with repricing and balance sheet moves set to support gains going forward despite Fed rate cuts.