TFC Stock Recent News

In collaboration with MIT Solve, Truist Foundation will provide more than $1 million in grants and in-kind services to nonprofits supporting career navigation and workforce development CHARLOTTE, N.C. , Sept. 23, 2024 /PRNewswire/ -- Truist Foundation today announced the launch of its third Inspire Awards, a capacity-building grant program for nonprofit organizations, to help create career pathways to economic mobility for workers across the U.S. This year's challenge aims to improve resources for adults seeking reskilling, upskilling and career transitions to uplift themselves and their families.

The higher yield offered by Truist Financial has not come at the cost of credit quality.

Funds will help provide immediate relief, support long-term recovery efforts in impacted communities CHARLOTTE, N.C. , Sept. 11, 2024 /PRNewswire/ -- In response to Hurricane Francine's projected landfall along the U.S. Gulf Coast this afternoon, Truist Foundation today announced it will donate $250,000 to support relief and recovery efforts in communities impacted by the storm.

Truist Financial Corporation's shares have surged near 52-week highs after a strong 2Q24 and expectations of a Fed rate cut in September. The bank has improved its CET1 ratio to 11.5% through strategic asset sales and balance sheet repositioning, enhancing capital adequacy. With a solid 4.7% yield and a PE ratio of 11 on FY2025E EPS, Truist is a solid value and dividend idea on any dips in the overall market.

New additions expand depth and breadth of platform ATLANTA , Aug. 15, 2024 /PRNewswire/ -- Truist Securities announced today three new appointments to its healthcare investment banking team, broadening and deepening its industry expertise.   Jefferson Rives, managing director and head of healthcare technology, joins from Barclays.

CHARLOTTE, N.C. , Aug. 8, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Steve Hagerman will be its new chief information officer.

Additional $100,000 grant will help communities across the Carolinas recover from anticipated flooding CHARLOTTE, N.C. , Aug. 7, 2024 /PRNewswire/ -- As storm Debby moves up the Southeastern coastline, Truist Foundation today announced it will donate an additional $100,000 to support relief and recovery efforts in impacted communities in South Carolina and North Carolina in anticipation of catastrophic flooding.

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest trades.

Funds will help provide immediate relief, support long-term recovery efforts CHARLOTTE, N.C., Aug. 4, 2024 /PRNewswire/ -- As Tropical Storm Debby approaches the Florida coast, Truist Foundation today announced it will donate $100,000 to support relief and recovery efforts in impacted communities across the Southeast.

AUSTIN, Texas , July 29, 2024 /PRNewswire/ -- AppBrilliance, a pioneer in real-time payment solutions with its cutting-edge Money API™ platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US. AppBrilliance is leveraging a rule change by The Clearing House to bring Real-Time Payments (RTP) to closed-loop wallets.