Real-time Estimate Cboe BZX Other stock markets | 5-day change | 1st Jan Change | ||
22.41 USD | +0.18% | | -0.22% | +0.49% |
05-16 | Stephens Adjusts Price Target on Truist Financial to $47 From $43, Keeps Overweight Rating | MT |
05-14 | Piper Sandler Adjusts Price Target on Truist Financial to $41 From $38, Keeps Neutral Rating | MT |
Business Summary
Truist Financial Corporation is a financial holding company organized around 2 areas of activity:
- banking activities (Branch Banking and Trust Company): sale of standard and specialized banking products and services (factoring, leasing, insurance, consumer credit, real estate credit, etc.). At the end of 2020, products and services were marketed through a network of 2,781 branches located in the United States;
- financial services: primarily asset management, auto financing, brokerage services, and securities services.
At the end of 2020, the group had USD 363.3 billion in current deposits and USD 314.5 billion in current credits.
Number of employees: 49,935
Sales per Business
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Consumer Banking and Wealth 60.3% | 13,503 | 58.6% | 14,105 | 60.3% | +4.46% |
Corporate and Commercial Banking 39.0% | 8,734 | 37.9% | 9,115 | 39.0% | +4.36% |
Insurance Holdings 13.5% | 3,236 | 14.0% | 3,157 | 13.5% | -2.44% |
Other, Treasury & Corporate -12.8% | -2,438 | -10.6% | -2,987 | -12.8% | +22.52% |
Sales per region
USD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
United States 100.0% | 23,035 | 100.0% | 23,390 | 100.0% | +1.54% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Bill Rogers CEO | Chief Executive Officer | 66 | 05/12/19 |
Michael Maguire DFI | Director of Finance/CFO | - | 20/09/21 |
Scott Case CTO | Chief Tech/Sci/R&D Officer | 53 | - |
Hugh Cummins COO | Chief Operating Officer | 61 | 31/08/21 |
Ankur Vyas IRC | Investor Relations Contact | - | 07/06/21 |
Fadie Itayem TRE | Treasurer | - | 30/11/19 |
Amy Collins HRO | Human Resources Officer | - | 31/08/21 |
Lissa Miller PRN | Corporate Officer/Principal | - | - |
Kimberly Moore-Wright HRO | Human Resources Officer | - | 31/12/18 |
Scott Stengel LAW | General Counsel | 52 | 12-25 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Bruce Tanner BRD | Director/Board Member | 65 | 31/12/18 |
Thomas Skains BRD | Director/Board Member | 67 | 31/12/08 |
Steven Voorhees BRD | Director/Board Member | 69 | 05/12/19 |
Donna Morea BRD | Director/Board Member | 69 | 05/12/19 |
Bill Rogers CEO | Chief Executive Officer | 66 | 05/12/19 |
Jennifer Banner BRD | Director/Board Member | 64 | 31/12/02 |
Linnie Haynesworth BRD | Director/Board Member | 66 | 05/12/19 |
Patrick Graney BRD | Director/Board Member | 70 | 31/12/17 |
Agnes Scanlan BRD | Director/Board Member | 66 | 05/12/19 |
Charles Patton BRD | Director/Board Member | 67 | 31/12/12 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 1,338,096,000 | 1,334,474,091 ( 99.73%) | 0 | 99.73% |
Stock B | 0 | 223,000,000 | 0 | 0 |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
PLANT HEALTH CARE PLC 0.00% | 6,034 | 0.00% | 288 $ |
Company contact information
Group companies
Name | Category and Sector |
---|---|
Farmer Automatic of America, Inc. Farmer Automatic of America, Inc. Agricultural Commodities/MillingProcess Industries Farmer Automatic of America, Inc. engages in the farming of poultry. The private company is located in the US. | Agricultural Commodities/Milling |
Sunrise Boat Marina, Inc. Sunrise Boat Marina, Inc. Food RetailRetail Trade Part of Truist Financial Corp., Sunrise Boat Marina, Inc. is a deep sea fishing party boat company. Located in Cape Canaveral, FL, the company offers a 65 ’ party fishing boat, the Ocean Obsession II, which goes deep sea fishing 7 days a week. In addition to fishing charters, Sunrise Boat Marina also provides fishing tackle, live and fresh bait, gifts and decor, apparel and sunglasses, dry boat storage and fuel. Obsession Fishing Charters, which is part of Sunrise Boat Marina, was established in 1986 and expanded in 1992. | Food Retail |
Sector
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Sales per Business
Ratings for Truist Financial Corporation
Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Analysts' Consensus
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
39.97USD
Average target price
43.25USD
Spread / Average Target
+8.20%
Consensus
EPS Revisions
Estimates Revisions
Quarterly earnings - Rate of surprise
Company calendar
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