The Latest Breaking News from TFC

Truist Financial (NYSE:TFC) has outperformed the market over the past 5 years by 15.81% on an annualized basis producing an average annual return of 24.3%. Currently, Truist Financial has a market capitalization of $61.36 billion.

Truist Financial (NYSE:TFC) has outperformed the market over the past 5 years by 15.14% on an annualized basis producing an average annual return of 26.21%. Currently, Truist Financial has a market capitalization of $65.49 billion.

To tame multi-decade high inflation, the Federal Reserve has hinted at raising the interest rates aggressively this year. U.S. Treasury yields are also hitting new highs. This environment will help banks generate more interest income. So, the question becomes, with solid revenue and earnings growth potential, is it wise now…

Over the past 3 months, 8 analysts have published their opinion on Truist Financial (NYSE:TFC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.