How to buy Truist Financial stock (2024)

Truist Financial is a banks - regional business based in the US. Truist Financial shares (TFC.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $36.97 – an increase of 1.26% over the previous day. Truist Financial employs 51,943 staff and has a trailing 12-month revenue of around $21.9 billion.

How to buy shares in Truist Financial

  1. Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: TFC in this case.
  5. Research stocks. The platform should provide the latest information available.
  6. Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving license and a means of payment.

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Is it a good time to buy Truist Financial stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

  • Price graph
  • Historical data
  • Technical analysis

Use our graph to track the performance of TFC stocks over time.

Share price volatility

Over the last 12 months, Truist Financial's shares have ranged in value from as little as $24.2472 up to $48.1138. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Truist Financial's is 1.112. This would suggest that Truist Financial's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of $36.97

1 week (2023-12-29)0.14%
1 month (2023-12-05)11.89%
3 months (2023-10-05)37.68%
6 months (2023-07-05)19.97%
1 year (2023-01-05)-11.37%
2 years (2022-01-05)-33.55%
3 years (2021-01-05)-10.95%
5 years (2019-01-05)0.99%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Is Truist Financial under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Truist Financial P/E ratio, PEG ratio and EBITDA

  • P/E ratio
  • Truist Financial PEG ratio

Truist Financial's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Truist Financial stocks trade at around 9x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 10, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Truist Financial's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6049. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Truist Financial's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Frequently asked questions

    • Dividend yield
    • Forward yield
    • Payout ratio

    Dividend yield: 5.7% of stock value

    Forward annual dividend yield: 5.7% of stock value

    Dividend payout ratio: 49.76% of net profits

    Truist Financial has recently paid out dividends equivalent to 5.70% of its share value annually.

    Truist Financial has paid out, on average, around 49.76% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 5.7% return on their shares, in the form of dividend payments. In Truist Financial's case, that would currently equate to about 2.08 per share.

    While Truist Financial's payout ratio might seem fairly standard, it's worth remembering that it may be investing much of the rest of its net profits in future growth.

    Truist Financial's most recent dividend payout was on 1 December 2023. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2023 (the "ex-dividend date").

    Truist Financial's fiscal year ends in December.

  • Truist Financial's address is: 214 North Tryon Street, Charlotte, NC, United States, 28202

  • Have Truist Financial's shares ever split?

    Truist Financial's shares were split on a 2:1 basis on 4 August 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Truist Financial shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Truist Financial shares which in turn could have impacted Truist Financial's share price.

  • It's as easy to sell Truist Financial as it is to buy! Here's how to sell Truist Financial stocks that you already own.

    1. Open your investment app. If you've got one with desktop access, you can log in online
    2. Go to your portfolio. This should be in the main menu
    3. Find your shares. You may be able to search your portfolio
    4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
    5. Sell your Truist Financial shares. Your investment platform will let you know when your shares are sold
  • Most dealing providers will let you use your debit card to top up your account and buy shares. The main ways are with a debit card, bank transfer or with Apple/Google Pay.

  • The easiest way to get hold of some Truist Financial shares is to sign up for a stock trading app and place a market order or basic order. This type of order tells the platform that you're interested, so it'll try to execute it as quickly as it can. It could take some time for the order to go through, especially if there's a lot of volatility in Truist Financial shares.

  • Truist Financial financials

    Revenue TTM$21.9 billion
    Operating margin TTM33.04%
    Gross profit TTM $22.3 billion
    Return on assets TTM1.05%
    Return on equity TTM9.32%
    Profit margin25.94%
    Book value$41.37
    Market capitalisation $49.2 billion

    TTM: trailing 12 months

How to buy Truist Financial stock (2024)
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