Truist Financial Corporation
TFC
Market Cap$47.66B
Close$
Earnings Call Q4 2023
January 18, 2024 - AI Summary
Truist reported solid fourth quarter results, with adjusted earnings of $1.1 billion or $0.81 per share.
The company made strong progress on its organization simplification plan, reducing expenses and realigning its organizational structure to improve efficiency and drive revenue opportunities in 2024.
Truist's net interest margin improved by 3 basis points to 2.98% during the quarter.
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$53.03
36.7% upside
Current Fair Value
36.7% upsideUndervalued by 36.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $47.66 Billion |
|---|---|
| Enterprise Value | $111.40 Billion |
| Dividend Yield | $2.0316 (5.69%) |
| Earnings per Share | $-1.09 |
| Beta | 1.66 |
| Outstanding Shares | 1,334,590,912 |
| Avg 30 Day Volume | 8,767,443 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | -32.82 |
|---|---|
| PEG | 7.8 |
| Price to Sales | 1.62 |
| Price to Book Ratio | 0.88 |
| Enterprise Value to Revenue | 3.35 |
| Enterprise Value to EBIT | 17.77 |
| Enterprise Value to Net Income | -77 |
| Total Debt to Enterprise | 0.57 |
| Debt to Equity | 1.08 |
Revenue Sources
No data
ESG Score
No data
About Truist Financial Corporation
53,638 employees