TFC News and Press, Truist Financial Corporation From 09/27/23

2023-09-27 07:00:00 ET Summary Truist Financial, formed through the merger of BB&T and SunTrust, has faced persistent pressure in the regional banking sector. The company is focused on simplifying its business, reducing expenses, and improving capitalization. Despite headw...

2023-09-26 14:50:47 ET Summary “Value ranking, looks at the price of a stock relative to. intrinsic firm value. Graham Value Stocks match the criteria . Benjamin Graham followed. “—YCharts Value Screener. 66 August Value large caps and Graham formula-derived r...

2023-09-25 04:00:48 ET Summary Truist Financial shares have underperformed, but with shares near a 52-week low and a 7.4% dividend yield, investors should consider buying. TFC has faced challenges with rising credit costs and higher funding costs, leading to a decline in deposits ...

2023-09-21 21:33:05 ET Summary U.S. Bancorp shares have been among the weakest performers in its peer group over the past six months, despite a growth outlook that is no worse (and arguably better). The Fed's proposals for new capital rules have come under fire and the final outco...

2023-09-21 10:30:53 ET More on Truist Financial Truist Financial: Expect More Solvency Deterioration As Mortgage Rates Rise Higher Truist Financial: Why I Am Downgrading This 6.3% Yield To Hold Truist cut to Neutral, KeyCorp upgraded to Overweight at Piper Sandler ...

2023-09-19 22:50:00 ET Summary Banks have reemerged as a potential pain point for the investment community, as rating agencies recently embarked on a downgrade cycle in the sector. There’s no single cause for these bank downgrades, which means this probably should not be ta...

2023-09-19 07:51:00 ET It's been a challenging year for banks that have grappled with the highest interest rates we've seen in over 16 years. While higher rates can boost banks' net interest income, the pace of recent interest rate increases has left many banks ill-prepared. Truist Fi...

Truist announces third-quarter 2023 earnings call details PR Newswire CHARLOTTE, N.C. , Sept. 18, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report third-quarter 2023 financial results before the market opens on Thursday, Oct. 19, 2023 ...

2023-09-16 05:15:00 ET Truist Financial (NYSE: TFC) has lost a third of its value in 2023. Almost all of that decline came during the bank runs that pushed a number of regional banks into insolvency early in the year. So far Truist has held up fairly well, all things considered. And...

2023-09-15 11:25:00 ET More on KeyCorp, Truist Truist Financial: The 6.3% Yielding Preferred Shares Could Be An Option Truist Financial: If You Sell Now, You Are Doing It Wrong KeyCorp: A Hold As The NII Pickup Is From Short-Dated Maturities Truist Financial ...