Truist Financial

Yahoo Finance • 2 months ago

Truist Financial Surpasses Q3 Expectations with Strong Noninterest Income Growth

Truist Financial's (NYSE:TFC) Q3 2024 earnings delivered a solid beat, with adjusted EPS hitting $0.97, well above the $0.91 analysts were expecting. Noninterest income surged thanks to strong investment banking and trading results, while... Full story

Yahoo Finance • 2 months ago

Consumer Spending at Retailers Likely Ramped Up Sequentially, Truist Says

Consumer Spending at Retailers Likely Ramped Up Sequentially, Truist Says... Full story

Yahoo Finance • 3 months ago

Regeneron Stock Slides After Court Rejects Injunction Against Eye Drug Biosimilar, Truist Says

Regeneron Stock Slides After Court Rejects Injunction Against Eye Drug Biosimilar, Truist Says... Full story

Yahoo Finance • 3 months ago

Truist Foundation announces new Inspire Awards Challenge to drive economic mobility

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/ -- Truis... Full story

Yahoo Finance • 3 months ago

This Bank Could Be the Next to $1 Trillion in Assets. Should You Buy the Stock Today?

There are more than 4,500 bank subsidiaries in the U.S., according to the Federal Deposit Insurance Corporation. However, there is a wide discrepancy in size. Four banks -- JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo -- eac... Full story

Yahoo Finance • 3 months ago

Truist Foundation announces $250,000 disaster relief, recovery grant in advance of Hurricane Francine hitting U.S. Gulf Coast

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 aft... Full story

Yahoo Finance • 4 months ago

Elastic's 'Execution Missteps' to Implement Go-to-Market Changes During Fiscal Q1 Resulted in 'Deal Slippage', Truist Securities Says

Elastic's 'Execution Missteps' to Implement Go-to-Market Changes During Fiscal Q1 Resulted in 'Deal Slippage', Truist Securities Says... Full story

Yahoo Finance • 4 months ago

Truist Financial Corporation (TFC): A Good Undervalued Stock to Invest In Now

We recently compiled a list of the 16 Most Undervalued Stocks to Buy Now.In this article, we are going to take a look at where Truist Financial Corporation (NYSE:TFC) stands against the other undervalued stocks. With the US stock market t... Full story

Yahoo Finance • 4 months ago

SEC Fines Firms $393 Million in Latest WhatsApp Probe Fallout

(Bloomberg) -- Twenty-six financial firms agreed to pay more than $390 million in fines after the US Securities and Exchange Commission alleged they failed to maintain their employees’ electronic communications, the latest fallout from the... Full story

Yahoo Finance • 4 months ago

Q3 2024 PennantPark Floating Rate Capital Ltd Earnings Call

Participants Arthur Penn; Chairman of the Board, Chief Executive Officer; Pennantpark Investment Corp Richard Allorto; Chief Financial Officer, Treasurer; Pennantpark Investment Corp Brian Mckenna; Analyst; Citizens JMP Securities, LLC... Full story

Yahoo Finance • 5 months ago

Interest Rate Cuts Are Coming: 3 No-Brainer Dividend Stocks to Buy Now

Artificial intelligence (AI) has dominated the stock market narrative since early 2023, but another storyline is gaining traction. After enduring interest rates over 5% for more than a year, investors are looking forward to interest rates... Full story

Yahoo Finance • 5 months ago

Truist declares common and preferred stock dividends

CHARLOTTE, N.C., July 23, 2024 /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 September 3, 2024, to shareholders of record... Full story

Yahoo Finance • 7 months ago

Here's the 1 Stock Billionaire Bond King Bill Gross Says Investors Should Be "Exuberant" About -- and It's Not Nvidia

Which stock are investors most enthusiastic about right now? I think Nvidia is the hands-down winner. Nvidia's share price has soared close to 130% so far in 2024, and the stock has delivered a return of more than 33x over the last five y... Full story

Yahoo Finance • 7 months ago

MongoDB's Fiscal Q1 Decline Will Reset Investor Expectations, Truist Says

MongoDB's Fiscal Q1 Decline Will Reset Investor Expectations, Truist Says... Full story

Yahoo Finance • 7 months ago

20 Largest Banks in the US by Asset Size in 2024

In this article, we will look at the 20 largest banks in the US by asset size in 2024. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Asset Size in 2024. Overview of the Banking Sector in th... Full story

Yahoo Finance • 8 months ago

Truist completes previously announced sale of Truist Insurance Holdings to investor group led by Stone Point Capital and CD&R

CHARLOTTE, N.C. and GREENWICH, Conn. and NEW YORK, May 7, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that it has completed the previously announced sale of its remaining stake in Truist Insurance Holdings... Full story

Yahoo Finance • 8 months ago

Truist completes sale of Truist Insurance Holdings and executes strategic balance sheet repositioning

Sale of TIH creates a capital advantage and capacity for growth CHARLOTTE, N.C., May 7, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the completion of the previously announced sale of its remaining stake i... Full story

Yahoo Finance • 9 months ago

10 Highest Dividend-Paying Stocks in the S&P 500

In this article, we discuss 10 highest dividend-paying stocks in the S&P 500. You can skip our detailed analysis of high-dividend stocks and their performance over the years, and go directly to read 5 Highest Dividend-Paying Stocks in the... Full story

Yahoo Finance • 10 months ago

Truist Securities bolsters industrials sector equity research

Highly ranked analyst Jamie Cook is latest addition to growing team ATLANTA, March 7, 2024 /PRNewswire/ -- Truist Securities announced today that highly ranked analyst Jamie Cook recently joined the firm as a managing director, expanding... Full story

Yahoo Finance • 10 months ago

Russell Innovation Center for Entrepreneurs (RICE) Secures $2 Million Investment from Truist to Continue Accelerating Black Entrepreneurship in Atlanta

ATLANTA, Feb. 29, 2024 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) is thrilled to announce a $2 million grant awarded by Truist Foundation and two Truist Trusteed Foundations to advance RICE's expansion efforts a... Full story