Professional
Added to YB: 2024-03-27
Pitch date: 2023-12-31
TFC [bullish]
Truist Financial Corporation
+56.98%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.
Market Cap
$63.5B
Pitch Price
$32.48
Price Target
N/A
Dividend
4.08%
EV/EBITDA
N/A
P/E
12.62
EV/Sales
N/A
Sector
Banks
Category
value
Show full summary:
New Addition to Ariel Investments Global Fund Portfolio Holding: Truist Financial Corporation
TFC: BB&T+SunTrust merger formed Truist. Streamlining ops to boost profits. May sell remaining insurance biz stake, potentially strengthening capital, margins & tech investments. Stock trades well below estimated intrinsic value. Compelling risk/reward.
Read full article (1 min)