Welcome to our dedicated page for Truist Financial Corporation news (Ticker: $TFC), a resource for investors and traders seeking the latest updates and insights on Truist Financial Corporation stock.
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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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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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2.49%
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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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AppBrilliance partners with ZOCCAM Technologies, LLC. to enhance real-time payment solutions in real estate. The strategic collaboration aims to revolutionize payment processes in the industry.
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Truist Foundation announces the second Inspire Awards event to celebrate nonprofits with innovative solutions supporting undercapitalized entrepreneurs. Greg Olsen to host the event on April 24 in Charlotte and online. Virtual attendees can vote for the Audience Favorite Award, with the winner receiving a $75,000 grant. Finalists include organizations presenting cutting-edge solutions to empower small businesses. The top organization will receive a $250,000 grant, with additional grants for second place and runners-up. Truist Foundation collaborated with Solve to identify and invest in nonprofits leveraging technology for resiliency and sustainability.
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Truist Financial Corporation (TFC) sells its stake in Truist Insurance Holdings to private equity firms, boosting balance sheet and strategic flexibility. The $15.5 billion deal enhances core banking franchise, increases capital ratio by 230 basis points, and raises tangible book value per share by 33%. The sale is expected to be $0.20 dilutive to 2024 earnings per share. Stone Point Capital and Clayton, Dubilier & Rice to lead investor group in the transaction.
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-1.5%
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Truist Financial Corporation announces the Truist Community Catalyst Initiative, a $5 million program impacting over 10,000 individuals across 13 states. The initiative focuses on affordable housing, small business access to capital, workforce development, and essential community services, supporting 17 efforts and 54 communities.
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1.35%
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Truist Financial Corporation (TFC) CFO Mike Maguire is scheduled to speak at the BofA Securities Financial Services Conference on February 21, 2024, at 10:30 a.m. ET. A live audio webcast will be available on ir.truist.com under Events & Presentations, with a 30-day replay available on the website.
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Truist has been recognized for the third consecutive year by JUST Capital and CNBC as one of America's Most JUST Companies, ranking #14 overall out of 937 brands. The company's focus on responsible business practices and corporate citizenship has been acknowledged as it supports stakeholders such as shareholders, teammates, clients, and communities. Truist's commitment to executing responsible business practices and living its purpose has been highlighted, earning recognition as a leader in supporting workforce retention, providing benefits, and work-life balance.
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Truist Financial Corporation
NYSE:TFC
TFC Rankings
TFC Stock Data
52.75B
1.33B
0.27%
72.91%
0.92%
Commercial Banking
Finance and Insurance
United States of America
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.