TFC Stock Recent News

Truist Financial will report third quarter earnings pre-market on Thursday, October 17. Analysts expect roughly flat EPS. Having disposed of its remaining stake in Truist Insurance Holdings, Truist is now a NII-heavy bank with greater long-term sensitivity to interest rates. On the plus side, Truist's current balance sheet composition can drive reasonable net interest margin expansion in the coming easing cycle.

Funds will help provide immediate and long-term resources to help communities in the storm's path get ready, respond and rebuild CHARLOTTE, N.C. , Oct. 8, 2024 /PRNewswire/ -- As another hurricane threatens the Florida Peninsula in the coming days, Truist Foundation today announced it will donate $1 million to support relief and recovery efforts in communities most impacted by Hurricane Milton – the second major hurricane expected to hit the area in the past two weeks.

CHARLOTTE, N.C. , Sept. 30, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report third-quarter 2024 financial results before the market opens on Thursday, October 17, 2024.

Funds will support information technology, infrastructure restoration in most impacted communities, including Western North Carolina CHARLOTTE, N.C. , Sept. 30, 2024 /PRNewswire/ -- Truist Foundation today announced it will donate an additional $500,000 to support relief and recovery efforts in communities most impacted by the historic destruction from Hurricane Helene, including Western North Carolina, making its total contributions $1 million.

Funds will be used to prepare, respond and restore in impacted communities CHARLOTTE, N.C. , Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene travels toward the Florida panhandle, Truist Foundation today announced it will donate $500,000 to support relief and recovery efforts in communities impacted by the storm.

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.