TFC - Truist Financial: A Market Leader Ain't Cheap
2024-03-23 08:30:00 ET
Summary
- Truist Financial Corporation is a financial holding company that offers banking services in the Southeast and Mid-Atlantic regions of the U.S.
- It holds leading market share in multiple markets, is well-capitalized, and has performed well recently.
- However, the spotlight doesn't create any opportunities; the stock is trading at a considerable premium to TBV.
Truist Financial Corporation ( TFC ), founded in 1872 and headquartered in Charlotte, North Carolina, is a financial holding company that primarily offers banking services in the Southeast and Mid-Atlantic regions of the U.S....
Truist Financial: A Market Leader Ain't Cheap