Truist Financial (TFC) News and press releases

Ackman Says Bank of America Will Buy Signature Bank Monday, Predicts Crisis Of Confidence

17 Mar 23

News, Rumors, Top Stories, Markets

Billionaire investor Bill Ackman said Friday that Bank of America (NYSE: BAC) will buy Signature Bank (NASDAQ: SBNY) on Monday, as bigger systemic banks continue in their efforts to rescue

Truist Finl Unusual Options Activity

17 Mar 23

Options, Markets

Stocks That Hit 52-Week Lows On Thursday

16 Mar 23

Options

Thursday's session saw 337 companies set new 52-week lows.

Truist Finl Unusual Options Activity

16 Mar 23

Options, Markets

Benzinga's Top Ratings Upgrades, Downgrades For March 15, 2023

15 Mar 23

Upgrades, Downgrades, Initiation, Intraday Update, Analyst Ratings

Citigroup Upgrades Truist Finl to Buy, Announces $52 Price Target

15 Mar 23

News, Upgrades, Price Target, Analyst Ratings

Citigroup analyst Keith Horowitz upgrades Truist Finl (NYSE:TFC) from Neutral to Buy and announces $52 price target.

Benzinga's Top Ratings Upgrades, Downgrades For March 13, 2023

13 Mar 23

Upgrades, Downgrades, Initiation, Intraday Update, Analyst Ratings

Regional Bank Stocks Getting Crushed Monday: Here Are 19 Stocks Down 10% Or More

13 Mar 23

News, Penny Stocks, Small Cap, Movers, Trading Ideas

The collapse of Silicon Valley Bank (NASDAQ: SIVB) last week has sent the banking sector into a spiral, with the government stepping in to help backstop depositors. The news has regional banking stocks trading down significantly on Monday. Here’s what you need to know and the major movers.

Expert Ratings for Truist Finl

13 Mar 23

Analyst Ratings

Baird Upgrades Truist Finl to Outperform, Announces $53 Price Target

13 Mar 23

News, Upgrades, Price Target, Analyst Ratings

Baird analyst David George upgrades Truist Finl (NYSE:TFC) from Neutral to Outperform and announces $53 price target.

Keefe, Bruyette & Woods Upgrades Truist Finl to Market Perform, Lowers Price Target to $45

13 Mar 23

News, Upgrades, Price Target, Analyst Ratings

Keefe, Bruyette & Woods analyst David Konrad upgrades Truist Finl (NYSE:TFC) from Underperform to Market Perform and lowers the price target from $47 to $45.

Stocks That Hit 52-Week Lows On Friday

10 Mar 23

Options

On Friday, 497 companies set new 52-week lows.

This Favorable Sign Appears On Truist Financial's Chart

1 Mar 23

Markets, Movers, Trading Ideas

Truist Financial Analyst Downgrades Stock Citing Growing Deposit Competition, Unlikeliness Of Debt Recovery

31 Jan 23

Analyst Color, News, Downgrades, Price Target, Analyst Ratings

What 4 Analyst Ratings Have To Say About Truist Financial

31 Jan 23

Analyst Ratings

Stephens & Co. Downgrades Truist Financial to Equal-Weight, Announces $53 Price Target

31 Jan 23

News, Downgrades, Price Target, Analyst Ratings

Stephens & Co. analyst Terry McEvoy downgrades Truist Financial (NYSE:TFC) from Overweight to Equal-Weight and announces $53 price target.

Morgan Stanley Maintains Equal-Weight on Truist Financial, Lowers Price Target to $56

20 Jan 23

News, Price Target, Analyst Ratings

Morgan Stanley analyst Betsy Graseck maintains Truist Financial (NYSE:TFC) with a Equal-Weight and lowers the price target from $59 to $56.

Why Truist Shares Are Trading Higher Today

19 Jan 23

Movers, Trading Ideas

Truist Financial (NYSE: TFC) shares are trading higher after the company reported better-than-expected fourth-quarter earnings results.

Truist Financial Q4 Adj EPS $1.30 Beats $1.28 Estimate, Sales $6.20B Beat $6.16B Estimate

19 Jan 23

Earnings, News

Truist Financial (NYSE:TFC) reported adjusted quarterly earnings of $1.30 per share which beat the analyst consensus estimate of $1.28 by 1.56 percent. This is a 5.8 percent decrease over earnings of $1.38 per share from

Earnings Scheduled For January 19, 2023

19 Jan 23

Earnings

Companies Reporting Before The Bell • Procter & Gamble (NYSE:PG) is estimated to report quarterly earnings at $1.59 per share on revenue of $20.73 billion.

Thinking about buying stock in Marathon Digital, Citigroup, Meta Platforms, Uber Technologies, or Truist Financial?

14 Mar 23

Opinion, Press Releases

NEW YORK, March 14, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MARA, C, META, UBER, and TFC.

Tom Hackett named chief executive officer of Truist Securities

13 Mar 23

Press Releases

Hackett succeeds John Gregg, who will retire ATLANTA, March 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that John Gregg will retire, and that Tom Hackett has been named chairman and

Truist Foundation leads the way with $5M commitment to the American Red Cross to grow disaster response capacity

7 Mar 23

Press Releases

Leading corporate investment aims to inspire other partners; will help the Red Cross alleviate growing impacts of natural disasters on America's most vulnerable communities WASHINGTON, March 7, 2023 /PRNewswire/ --

Truist to present at the RBC Capital Markets Global Financial Institutions Conference

1 Mar 23

Press Releases

CHARLOTTE, N.C., March 1, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that Chief Financial Officer Mike Maguire will present at the RBC Capital Markets Global Financial Institutions

Truist cancels participation in the BofA Securities Financial Services Conference

16 Feb 23

Press Releases

CHARLOTTE, N.C., Feb. 16, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced the cancellation of its participation in the BofA Securities Financial Services Conference due to its announcement

Truist announces agreement to sell minority stake in Truist Insurance Holdings to Stone Point Capital, valuing the business at $14.75 billion

16 Feb 23

Insurance, Press Releases

Sale of 20% stake for $1.95 billion strategically positions Truist Insurance Holdings for long-term success and growth Truist maintains client service approach, strategic flexibility, and future upside in insurance

SkillUp Coalition Receives $1.5 Million Grant from Truist Foundation to Develop Remote Jobs Catalog

14 Feb 23

Press Releases

Remote jobs catalog aims to surface thousands of high-quality remote jobs, particularly for job seekers without a degree and living in rural areas SAN FRANCISCO, Feb. 14, 2023 /PRNewswire/ -- SkillUp Coalition, a

Truist to present at the BofA Securities Financial Services Conference

13 Feb 23

Press Releases

CHARLOTTE, N.C., Feb. 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that Chief Financial Officer Mike Maguire will present at the BofA Securities Financial Services Conference on

Kensington Vanguard National Land Services Hires Industry Veterans Steve LaForgia and James Cosolito as Senior Executive Vice Presidents

7 Feb 23

Insurance, Press Releases

NEW YORK, Feb. 7, 2023 /PRNewswire/ -- Kensington Vanguard National Land Services ("KV"), one of the largest independent, full-service national title insurance agencies in the country, has hired Steve LaForgia

Truist increases prime rate to 7.75%

1 Feb 23

Press Releases

CHARLOTTE, N.C., Feb. 1, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) announced an increase in its prime lending rate to 7.75% from 7.50%, effective tomorrow, Feb. 2, 2023. About TruistTruist Financial

Truist Foundation announces Where It Starts, a $22M initiative to support small businesses and create career opportunities for communities of color

30 Jan 23

Press Releases

CAEL, Living Cities and Main Street America named as anchor partners for the initiative CHARLOTTE, N.C., Jan. 30, 2023 /PRNewswire/ -- Truist Foundation today announced the creation of Where It Starts, a $22 million,

Truist declares common and preferred stock dividends

24 Jan 23

Dividends, Press Releases

CHARLOTTE, N.C., Jan. 24, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 1, 2023, to

Truist reports fourth quarter and full year 2022 results

19 Jan 23

Earnings, Press Releases

Fourth quarter 2022 GAAP earnings of $1.6 billion, or $1.20 per diluted share Fourth quarter 2022 Adjusted earnings of $1.7 billion, or $1.30 per diluted share Results reflect strong PPNR performance as a result of

Frederick Innovative Technology Center, Inc. receives $88,000 grant from Truist Foundation to assist in funding IDEA Lab in new center

22 Dec 22

The grant will assist in funding the Innovation Driven Entrepreneurship Accelerator (IDEA) Lab at FITCI's new center, The EDGE@321. FREDERICK, Md. (PRWEB) December 22, 2022 Frederick Innovative Technology Center, Inc.