|Bid||38.00 x 1200|
|Ask||39.90 x 1300|
|Day's Range||37.00 - 39.11|
|52 Week Range||24.01 - 56.92|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 15, 2020|
|Forward Dividend & Yield||1.80 (4.79%)|
|Ex-Dividend Date||Aug. 13, 2020|
|1y Target Est||43.89|
Truist Financial (NYSE: TFC), the sixth-largest bank in the U.S., formed last December from the merger of SunTrust and BB&T. With $504 billion in assets as of June 30, it is among the largest regional banks in the country. While all banks are facing headwinds during the coronavirus-sparked recession, Truist has some key differentiators that should help it outperform its peers. When it posted earnings on July 16, Truist said it saw quarterly net income rise 7.1% to $901 million, compared to the same period a year ago.
Truist Financial (TFC) witnesses a rise in revenues in second-quarter 2020. Also, provisions decline from the previous quarter despite continued uncertainty related to the coronavirus pandemic.