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Truist Financial (TFC) News and press releases

News

From Benzinga Pro

Executives Buy Around $3.5M Of 2 Stocks

Long Ideas, News, Insider Trades, Markets, Trading Ideas

Although Dow Jones futures traded sharply lower this morning on Monday, there were a few notable insider trades.

Top News In Fintech And Beyond For May 5, 2022

Fintech, Penny Stocks, Small Cap

👉 Top Things To Know In TradeFi:

Stocks That Hit 52-Week Lows On Tuesday

News, Options, Intraday Update, Markets, Movers, Trading Ideas

On Tuesday, 242 companies hit new 52-week lows.

Truist Financial: Q1 Earnings Insights

Truist Financial (NYSE:TFC) reported its Q1 earnings results on Tuesday, April 19, 2022 at 05:45 AM. Here's what investors need to know about the announcement.

Earnings Scheduled For April 19, 2022

Earnings, News, Pre-Market Outlook, Markets

Companies Reporting Before The Bell • Silvergate Capital (NYSE:SI) is likely to report quarterly earnings at $0.44 per share on revenue of $55.27 million.

Truist Financial Q1 2022 Earnings Conference Call On April 19, 2022 At 08:00 AM ET

Truist Financial (NYSE:TFC) will host a conference call at 08:00 AM ET on April 19, 2022, to discuss Q1 2022 earnings results. How to Attend Truist Financial (TFC) Conference Call Follow this link to access the live webcast.

Truist Financial Earnings Preview

Truist Financial (NYSE:TFC) is set to give its latest quarterly earnings report on Tuesday, 2022-04-19. Here's what investors need to know before the announcement. Analysts estimate that Truist Financial will report an earnings per share (EPS) of $1.10.

Ominous Death Cross Forms On Truist Financial's Chart

Markets, Movers, Trading Ideas

If history is any guide, there may be trouble ahead for shares of Truist Financial (NYSE:TFC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga's Top Ratings Upgrades, Downgrades For April 11, 2022

Upgrades, Downgrades, Initiation, Intraday Update, Analyst Ratings

Citigroup Downgrades Truist Financial to Neutral, Lowers Price Target to $58

News, Downgrades, Price Target, Analyst Ratings

Citigroup analyst Keith Horowitz downgrades Truist Financial (NYSE:TFC) from Buy to Neutral and lowers the price target from $75 to $58.

Benzinga's Top Ratings Upgrades, Downgrades For April 8, 2022

Upgrades, Downgrades, Initiation, Intraday Update, Analyst Ratings

B of A Securities Downgrades Truist Financial to Neutral

News, Downgrades, Analyst Ratings

B of A Securities analyst Ebrahim Poonawala downgrades Truist Financial (NYSE:TFC) from Buy to Neutral.

Banks Considering Zelle As POS Alternative To Mastercard And Visa: Report

Several major banks are debating whether to position the digital payment platform Zelle as a retail point-of-sale alternative to Mastercard (NYSE: MA) and Visa (NYSE: V).

Bank Analyst: Yield Curve Inversion 'Hard To Ignore', Plus Top Bank Stock Ideas

Analyst Color, Government, Long Ideas, News, Economics, Federal Reserve, Analyst Ratings, Trading Ideas

On Thursday, the yield curve between 2-year and 10-year U.S. Treasury bonds inverted for the first time since 2019, an economic recession indicator that has been extremely reliable over the past century.

Where Truist Financial Stands With Analysts

Analyst Ratings

Within the last quarter, Truist Financial (NYSE:TFC) has observed the following analyst ratings:

Morgan Stanley Maintains Equal-Weight on Truist Financial, Lowers Price Target to $63

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 $72 to $63.

Why Jim Cramer Likes Truist Financial

Long Ideas, News, Small Cap, Markets, Media, Trading Ideas

On CNBC’s "Mad Money Lightning Round," Jim Cramer said PPG Industries, Inc. (NYSE: PPG) shares are down too much as the company has been hurt by raw costs, but that’s going to end finally.

Press releases

From Benzinga Pro

Truist CEO to speak at the Bernstein Strategic Decisions Conference

CHARLOTTE, N.C., May 23, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that Chairman and Chief Executive Officer Bill Rogers will speak at the Bernstein Strategic Decisions Conference at 9

Truist announces retirement of Chief Financial Officer Daryl Bible

CHARLOTTE, N.C., May 20, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that Chief Financial Officer Daryl Bible has made the decision to retire from Truist after a distinguished 38-year

Truist Announces Redemption of Senior Notes due June 2022

CHARLOTTE, N.C., May 9, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced it will redeem all $1,350,000,000 principal amount outstanding of its 3.050% senior notes due June 20, 2022 (CUSIP

Truist Increases Prime Rate to 4.00 Percent

CHARLOTTE, N.C., May 4, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) announced an increase in its prime lending rate to 4.00 percent from 3.50 percent, effective tomorrow, May 5, 2022. About TruistTruist

Truist acquires mobile savings gamification pioneer Long Game

Entertainment, Press Releases, General

Acquisition underscores Truist's commitment to financial wellness, technology innovation and diversity CHARLOTTE, N.C., May 3, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced it has

Small business owners are more resilient, according to a Truist survey

Owners are concerned about the economy and inflation, but remain resilient CHARLOTTE, N.C., April 28, 2022 /PRNewswire/ -- Small business owners have taken many actions to overcome the challenges they are facing to grow

Truist Declares Common and Preferred Stock Dividends

Dividends, Press Releases

CHARLOTTE, N.C., April 26, 2022 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.48 per common share, payable on June 1, 2022, to

Truist reports first quarter 2022 results

Earnings, Press Releases

First quarter 2022 GAAP earnings of $1.3 billion, or $0.99 per diluted share First quarter 2022 Adjusted earnings of $1.6 billion, or $1.23 per diluted share Results reflect solid loan growth, strong expense control, and

Truist and the Braves Development Company announce new national headquarters for Truist Securities inside The Battery Atlanta

Announcement Renews and Expands Truist's Presence in Atlanta Strengthens Partnership Between Truist and the Atlanta Braves Construction of New Building to Begin at The Battery Atlanta in the Second Half of

Truist Bank Announces Redemption of Senior Notes due May 2022

CHARLOTTE, N.C., March 31, 2022 /PRNewswire/ -- Truist Bank today announced it will redeem on April 17, 2022, all $1,350,000,000 principal amount outstanding of its 2.800% senior notes due May 17, 2022 (CUSIP 86787EBE6)

NORTHSTAR FINANCIAL SERVICES (BERMUDA) TRUIST INVESTMENT SERVICES INVESTOR ALERT: National Investment Fraud Lawyers KlaymanToskes Continues to Investigate Individual Securities Arbitration Claims Against Truist for Northstar Variable Annuity Sales

National investment fraud lawyers KlaymanToskes continues to investigate potential FINRA arbitration claims on behalf of investors who sustained losses exceeding $100,000 in Northstar Financial Services (Bermuda)

Truist announces Dontá L. Wilson to lead Retail Community Banking and Marketing

CHARLOTTE, N.C., March 16, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced Dontá L. Wilson will lead Retail Community Banking and Marketing for Truist. In his new role, Wilson will oversee

Truist Increases Prime Rate to 3.50 Percent

CHARLOTTE, N.C., March 16, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) announced an increase in its prime lending rate to 3.50 percent from 3.25 percent, effective tomorrow, March 17, 2022. About

Truist announces first-quarter 2022 earnings call details

CHARLOTTE, N.C., March 14, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) will report first-quarter 2022 financial results before the market opens on Tuesday, April 19, 2022. Chairman and Chief Executive

Homeowners prioritize home improvement projects that create purposeful space and offer long-term gratification

Press Releases, Real Estate

CHARLOTTE, N.C., March 10, 2022 /PRNewswire/ -- Since the pandemic started two years ago, 73% of homeowners have invested in a home improvement project, according to the 9th Annual LightStream Home Improvement Trends

Truist Foundation partners with Connect Humanity to advance the internet connectivity space and establish digital equity

CHARLOTTE, N.C., March 9, 2022 /PRNewswire/ -- Truist Foundation announced today it has awarded a $10 million grant to Connect Humanity, a nonprofit focused on advancing digital equity among historically marginalized

Bill Rogers to succeed Kelly King as Truist board chair

CHARLOTTE, N.C., March 8, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that as part of a planned transition, William H. "Bill" Rogers Jr., Truist's chief executive officer,

Truist Insurance Holdings launches new Insurance Services Division with close of Kensington Vanguard acquisition

Insurance, Press Releases

CHARLOTTE, N.C., March 2, 2022 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage in the U.S., announced today that it has closed on

Truist issues 2021 Social Bond Impact Report

CHARLOTTE, N.C., March 2, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced the publication of its 2021 Social Bond Impact Report, which details the investments made from the bond proceeds and