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Truist Financial Corporation - TFC STOCK NEWS

Welcome to our dedicated news page for Truist Financial Corporation (Ticker: TFC), a resource for investors and traders seeking the latest updates and insights on Truist Financial Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Truist Financial Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Truist Financial Corporation's position in the market.

Rhea-AI Summary
Truist Foundation awarded Centro Community Partners with the top recognition at the second Inspire Awards, a pitch-style grant program celebrating nonprofits showcasing innovative technology solutions for undercapitalized communities. Centro received a $250,000 grant and was named Audience Favorite, while Immigrants Rising secured a $150,000 grant. The event, hosted by Greg Olsen, highlighted the impact of technology in supporting small businesses.
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Truist Financial (NYSE: TFC) has declared a regular quarterly cash dividend of $0.52 per common share, payable on June 3, 2024. The Board also announced regular cash dividends for various series of preferred stock, including Series I, Series J, Series L, Series M, Series O, Series P, and Series R. These dividends range from $0.296875 to $25.625 per share, with record dates in May and payment dates in June.
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2.05%
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Truist Financial (TFC) has elected Laurence Stein to its Board of Directors. Stein, with 27 years of experience at Goldman Sachs, will bring valuable insights to the board. His expertise in efficiency, operations, and growth will benefit Truist's strategic direction and decision-making process.
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End-of-Day
2.05%
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management
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Truist Financial (NYSE: TFC) reported its first quarter 2024 results, with the earnings call scheduled at 8 a.m. ET. The detailed financial schedules and investor presentation are available on Truist's Investor Relations website.
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End-of-Day
3.42%
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Sheffield Financial and BRP US Inc. renew their long-term retail financing agreement, enhancing financing options for BRP dealers and customers. The partnership, spanning over 15 years, focuses on providing competitive rates, rapid funding, and flexible loan terms, supported by innovative technology.
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2.72%
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partnership
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Truist Financial 's Truist Foundation supports nonprofit organizations to promote economic mobility and small business growth. The company gears up for the 2024 Inspire Awards, highlighting finalists' innovative ideas.
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-0.03%
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Rhea-AI Summary
Truist Financial (NYSE: TFC) will announce its first-quarter 2024 financial results on April 22, 2024. The conference call hosted by CEO Bill Rogers and CFO Mike Maguire will provide insights into the company's performance.
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1.01%
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Truist Securities welcomes highly ranked analyst Jamie Cook as a managing director, enhancing equity research in the industrials sector. Cook's expertise in machinery and equipment, along with recent hires, strengthens the firm's capabilities to navigate the evolving sector landscape.
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-0.94%
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Truist Financial Corporation (TFC) reschedules conference calls to review quarterly financial results due to pending sale of Truist Insurance Holdings, expected to close in Q2 2024. Updated call dates are in April and July, with unchanged dates for Q3 and Q4. Access information to be provided closer to each call.
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Rhea-AI Sentiment
End-of-Day
2.49%
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Rhea-AI Summary
RICE receives a $2 million grant from Truist Foundation to enhance support for Black entrepreneurs in Atlanta. The partnership aims to increase mentorship, provide business resources, and improve access to capital and financial education, addressing the funding gap faced by Black entrepreneurs. RICE has already made significant contributions to Black entrepreneurship, creating jobs, generating revenue, and driving economic activity.
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Rhea-AI Sentiment
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0.49%
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Truist Financial Corporation

NYSE:TFC

TFC Rankings

TFC Stock Data

49.07B
1.33B
0.27%
72.91%
0.92%
Commercial Banking
Finance and Insurance
Link
US
Charlotte

About TFC

bb&t and suntrust formed truist with a shared purpose—to inspire and build better lives and communities. with our combined resources, collective passion, and commitment to innovation, we’re creating a better financial experience to help people and businesses achieve more.with 275 years of combined bb&t and suntrust history, truist serves approximately 12 million households with leading market share in many high growth markets in the country. the company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. headquartered in charlotte, north carolina, truist is the sixth-largest commercial bank in the u.s. truist bank, member fdic. learn more at truist.com and see social media terms and conditions at truist.com/socialterms.