- Investing.com
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through two segments, Consumer and Small Business Banking; and Wholesale Banking. 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; credit card lending; consumer finance; home equity and mortgage lending; other direct retail lending; home mortgage lending; Investment brokerage services; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; and small business lending. In addition, it offers asset-based lending, commercial deposit and treasury services; commercial lending; floor plan lending; derivatives; institutional trust services; insurance premium finance; international banking; investment banking and capital markets services; leasing; merchant services; mortgage warehouse lending; real estate lending; supply chain financing; and wealth management/private banking. 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.
Metrics to compare | TFC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipTFCPeersSector | |
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P/E Ratio | 11.9x | 12.5x | 9.7x | |
PEG Ratio | 0.04 | −0.79 | 0.03 | |
Price/Book | 1.0x | 0.7x | 1.0x | |
Price / LTM Sales | 3.2x | 3.3x | 2.9x | |
Upside (Analyst Target) | - | 16.9% | 9.9% | |
Fair Value Upside | Unlock | 2.2% | 1.4% | Unlock |