Previous close | 19.94 |
Open | 20.04 |
Bid | 12.90 x 1200 |
Ask | 20.54 x 900 |
Day's range | 19.94 - 20.43 |
52-week range | 17.29 - 21.95 |
Volume | |
Avg. volume | 70,021 |
Market cap | N/A |
Beta (5Y monthly) | 1.06 |
PE ratio (TTM) | 4.55 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.19 (5.82%) |
Ex-dividend date | 09 May 2024 |
1y target est | N/A |
Truist Financial (TFC) remains well-poised for top-line growth driven by loan demand and fee income growth, restructuring plans and higher rates. However, high costs and weak asset quality are woes.
New York Community's (NYCB) sale of mortgage warehouse loans to JPMorgan (JPM) will improve the former's capital, liquidity and loan-to-deposit metrics.
Truist's (TFC) ratings are downgraded by Moody's following the completion of TIH divestiture. The sale makes the company more depended on spread income and its revenue stream becomes less diversified than before.