Truist Financial Corporation (TFC)

In the past six months, Truist's stock has been influenced by several events. The Q2 2025 earnings report showed a net income of $1.2 billion, or $0.90 per share, leading to a stock price increase. Morgan Stanley maintained a 'Mixed' grade and raised its price target. Truist redeemed $1.5 billion in senior notes and launched Truist Merchant Engage. The company announced its stress capital buffer requirement and expanded its Commercial and Corporate Banking business. Q4 2024 results showed a net income of $1.2 billion, or $0.91 per share, with strategic initiatives including the sale of Truist Insurance Holdings. A quarterly dividend of $0.52 was paid on June 2, 2025. The stock price has changed by 25.32% in the past three months and has fluctuated between $33.56 and $49.06 over the past year.

Demand for certain Truist Financial Corp. products and services exhibits seasonality, with other consumer loans typically strongest in the second and third quarters of the year. Seasonality within the consumer portfolio has also been noted to impact net charge-off ratios, as observed in Q4 2022 results.

Truist Financial Corporation is an American bank holding company formed in December 2019 through the merger of BB&T and SunTrust Banks, headquartered in Charlotte, North Carolina. It operates in the Financial Services sector, offering a range of financial products and services through its wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, insurance, specialized lending, and digital banking.

Truist Financial Corp. has a significant presence across the Southeastern and Mid-Atlantic United States, operating in 17 states and Washington, D.C., serving approximately 15 million clients. As of 2023, Truist had over 2,781 branches and 4,718 ATMs, with plans to open 35 new branch locations in Georgia, Florida, and North Carolina in 2024.

Truist Financial Corporation positions itself as a purpose-driven financial services company committed to inspiring and building better lives and communities. The company emphasizes its commitment to community development and sustainable banking practices, including a pledge of $100 billion towards sustainable finance and environmental initiatives by 2030. Truist also focuses on financial inclusion and education, offering products like Truist One checking and savings, and the Truist Confidence account, which is certified by Bank On National Account Standards. There is no readily available information indicating specific negative events that have significantly impacted Truist's brand reputation in the past year.

Truist Financial Corporation's stock ownership is a mix of institutional, retail, and individual investors. Approximately 64.27% of the company's stock is owned by Institutional Investors, 0.18% by Insiders, and 35.56% by Public Companies and Individual Investors. Major institutional owners include Vanguard Group Inc., Capital International Investors, BlackRock, Inc., State Street Corp., Bank Of America Corp /de/, Jpmorgan Chase & Co., and Geode Capital Management, Llc.