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Are you looking to buy Trut Financial stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:TFC! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Trut Financial stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Truist Financial Corporation, a holding company, provides banking and trust services for small and mid-size businesses, public agencies, local governments, corporations, and individuals in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, commercial middle market lending, floor plan lending, commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides retail and wholesale brokerage, equity and debt underwriting, and investment advice. As of December 31, 2019, the company operated through approximately 2,958 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Average volume
5.90 million shs
MARKET CAP
$70.87 billion
Stock exchange
NYSE
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NYSE:TFC
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National commercial banks
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Finance
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175,205 shs
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Below is a quick guide on how to buy NYSE:TFC stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Trut Financial shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Trut Financial – Search for “”NYSE:TFC”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Trut Financial stocks with 0% commission!.
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19 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Truist Financial in the last year. There are currently 9 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Truist Financial stock.
Wall Street analysts have given Truist Financial a “Buy” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Truist Financial wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:TFC stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Trut Financial stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Trut Financial stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “NYSE:TFC stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some NYSE:TFC stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, NYSE:TFC is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Trut Financial stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Truist Financial is scheduled to release its next quarterly earnings announcement on Monday, April 19th 2021.
View our earnings forecast for Truist Financial.
Truist Financial Co. (NYSE:TFC) posted its earnings results on Wednesday, January, 20th. The insurance provider reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.19. Truist Financial had a net margin of 16.95% and a trailing twelve-month return on equity of 7.76%. During the same period in the previous year, the company earned $1.04 EPS.
View Truist Financial’s earnings history.
Truist Financial’s stock was trading at $33.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TFC stock has increased by 56.5% and is now trading at $52.69.
Truist Financial announced a quarterly dividend on Tuesday, January 26th. Shareholders of record on Friday, February 12th will be given a dividend of $0.45 per share on Monday, March 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date is Thursday, February 11th.
View Truist Financial’s dividend history.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:TFC stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Truist Financial pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.42%. Truist Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Truist Financial is 41.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Truist Financial will have a dividend payout ratio of 48.26% next year. This indicates that Truist Financial will be able to sustain or increase its dividend.
View Truist Financial’s dividend history.
19 equities research analysts have issued 12 month price objectives for Truist Financial’s stock. Their forecasts range from $36.00 to $64.00. On average, they anticipate Truist Financial’s stock price to reach $49.03 in the next twelve months. This suggests that the stock has a possible downside of 7.0%.
View analysts’ price targets for Truist Financial or view top-rated stocks among Wall Street analysts.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Truist Financial’s management team includes the following people:
Mr. Kelly Stuart King, Chairman & CEO (Age 73, Pay $6.28M)
Mr. William Henry Rogers Jr., Pres, COO & Director (Age 63, Pay $3.52M)
Mr. Daryl N. Bible, Sr. EVP & CFO (Age 60, Pay $2.68M)
Mr. Christopher Lee Henson, Sr. EVP and Head of Banking & Insurance (Age 60, Pay $3.32M)
Mr. Clarke R. Starnes III, Sr. EVP & Chief Risk Officer (Age 62, Pay $2.63M)
Mr. Scott E. Case, Chief Information Officer & Sr. EVP (Age 50)
Ms. Ellen M. Fitzsimmons, Chief Legal Officer, Head of Enterprise Diversity & Corp. Sec. (Age 60)
Brian Davis, Sr. VP of Corp. Communications
Mr. Vinoo Vijay, Chief Marketing Officer
Ms. Kimberly Moore-Wright, Chief HR Officer
108 employees have rated Truist Financial CEO Kelly S. King on Glassdoor.com. Kelly S. King has an approval rating of 92% among Truist Financial’s employees. This puts Kelly S. King in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Some companies that are related to Truist Financial include The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), KeyCorp (KEY), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), First Horizon (FHN), Commerce Bancshares (CBSH), Zions Bancorporation, National Association (ZION), Western Alliance Bancorporation (WAL) and First Citizens BancShares (FCNCA).
View all of TFC’s competitors.
Based on aggregate information from Reportlab watchlists, some companies that other Truist Financial investors own include Bank of America (BAC), AT&T (T), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Verizon Communications (VZ), Wells Fargo & Company (WFC), The Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ) and Pfizer (PFE).
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Truist Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol “TFC.”
Truist Financial’s stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.62%), Boston Partners (1.27%), Bahl & Gaynor Inc. (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), California Public Employees Retirement System (0.25%) and Schafer Cullen Capital Management Inc (0.18%). Company insiders that own Truist Financial stock include Brantley J Standridge, Clarke R Starnes III, Cynthia B Powell, David Hudson Weaver, Donta L Wilson, Ellen Koebler, Global Food Holdings Lp 3G, I Patricia Henry, K David Jr Boyer, Kelly S King, Kimberly Moore-Wright, Louis B Lynn, Michael Baron Maguire, Nido R Qubein, Patrick C Graney III, Thomas E Skains, Thomas Nichols Thompson and William H Rogers Jr.
View institutional ownership trends for Truist Financial.
TFC stock was sold by a variety of institutional investors in the last quarter, including Haverford Trust Co., Sumitomo Mitsui Trust Holdings Inc., Schafer Cullen Capital Management Inc, Bahl & Gaynor Inc., Letko Brosseau & Associates Inc., Douglas Lane & Associates LLC, Payden & Rygel, and M&G Investment Management Ltd.. Company insiders that have sold Truist Financial company stock in the last year include Brantley J Standridge, Clarke R Starnes III, David Hudson Weaver, Ellen Koebler, K David Jr Boyer, Kimberly Moore-Wright, Michael Baron Maguire, Thomas Nichols Thompson, and William H Rogers Jr.
View insider buying and selling activity for Truist Financial or view top insider-selling stocks.
TFC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Assenagon Asset Management S.A., Los Angeles Capital Management LLC, Galvin Gaustad & Stein LLC, Deroy & Devereaux Private Investment Counsel Inc., California Public Employees Retirement System, and Clark Capital Management Group Inc.. Company insiders that have bought Truist Financial stock in the last two years include Nido R Qubein, Patrick C Graney III, and Thomas Nichols Thompson.
View insider buying and selling activity for Truist Financial or or view top insider-buying stocks.
Shares of TFC can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
One share of TFC stock can currently be purchased for approximately $52.69.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Trut Financial stocks?
The safest and easiest way to buy NYSE:TFC stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Trut Financial stock?
You will first want to find a licensed broker that supports Trut Financial stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:TFC stocks in a safe and complete environment.
Is NYSE:TFC stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:TFC stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Trut Financial stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:TFC is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Trut Financial stock.
How do you trade Trut Financial stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Trut Financial stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:TFC stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Trut Financial stock?
To sell your NYSE:TFC stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Trut Financial stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:TFC stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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