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TFC News and Press, Truist Financial Corporation From 08/23/23

Stock Information

Company Name: Truist Financial Corporation
Stock Symbol: TFC
Market: NYSE
Website: truist.com

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TFC - Diamond Hill Select Fund Q2 2023 Market Commentary

2023-08-23 10:55:00 ET Summary Diamond Hill invests on behalf of clients through a shared commitment to its valuation-driven investment principles, long-term perspective, capacity discipline and client alignment. Our portfolio rose in Q2, outperforming the Russell 3000Index. T...

TFC - Diamond Hill Large Cap Concentrated Fund Q2 2023 Market Commentary

2023-08-23 10:35:00 ET Summary Diamond Hill invests on behalf of clients through a shared commitment to its valuation-driven investment principles, long-term perspective, capacity discipline and client alignment. Our portfolio advanced in Q2 but underperformed the Russell 1000 Ind...

TFC - Diamond Hill Large Cap Fund Q2 2023 Market Commentary

2023-08-23 10:20:00 ET Summary Diamond Hill invests on behalf of clients through a shared commitment to its valuation-driven investment principles, long-term perspective, capacity discipline and client alignment. Our portfolio advanced in Q2 but underperformed the Russell 1000 Ind...

TFC - Bargain Hunting for Stocks: Down 35%, It's Time to Buy This Incredible, High-Growth Bank Stock

2023-08-22 05:03:00 ET A lot of investors are still avoiding bank stocks, if not outright selling. And while plenty of banks may deliver underwhelming results in the years to come, there are bargains to be found. In this video, Motley Fool contributor Jason Hall makes the case for Axos Fi...

TFC - S&P downgrades 5 regional banks amid higher for longer rates, asset quality risks

2023-08-22 04:54:25 ET S&P Global Ratings has downgraded five regional U.S. banks, citing tough operating conditions, although most of their outlooks are now stable on account of improved stability as deposit declines have been more modest than feared. "Amid higher for longer i...

TFC - Truist Financial: Expect More Solvency Deterioration As Mortgage Rates Rise Higher

2023-08-21 21:24:35 ET Summary Truist Financial has lost considerable value recently as higher mortgage rates exacerbate its unrealized loans and securities losses. Accounting for an estimated ~$22B in total unrealized losses on MBS securities and residential mortgage loans, TFC l...

TFC - Truist Foundation Commits $50,000 for Tropical Storm Hilary Relief

CHARLOTTE, NC / ACCESSWIRE / August 21, 2023 / As catastrophic rain and storm damage affect the Southwestern United States, Truist Foundation today announced it will donate $50,000 to the Center for Disaster Philanthropy to support relief and recovery efforts for communities impacted by Tropic...

TFC - First Eagle Global Income Builder Fund 2nd Quarter 2023 Commentary

2023-08-20 12:00:00 ET Summary First Eagle Investments is an independent, privately owned asset management firm dedicated to serving the needs of individuals and institutions worldwide as well as the financial professionals that advise them. Global Income Builder Fund A Shares (wi...

TFC - Disrupting the Genre: An Unexpected Artist at Truist Headquarters

NORTHAMPTON, MA / ACCESSWIRE / August 16, 2023 / Truist Justin Ellis remembers creating art with his dad and brother, the three of them sitting on his grandmother's floor. His dad illustrated hyper-realistic cars while his brother drew comics. Justin just wanted to become as good as both of the...

TFC - Truist Invests $17 Million in the Future of Charlotte and Communities Across North Carolina

CHARLOTTE, NC / ACCESSWIRE / August 11, 2023 / Truist Financial Corporation (NYSE:TFC) and Truist Foundation announced $17 million in commitments to support affordable housing in Charlotte and career development and economic mobility programs across North Carolina. The Truist commitment con...

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