XNYSTFC
Market cap58bUSD
Dec 24, Last price
43.99USD
1D
1.03%
1Q
5.42%
Jan 2017
-6.44%
Name
Truist Financial Corp
Chart & Performance
Profile
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 23,390,000 5.09% | 22,258,000 -3.68% | 23,109,000 13.45% | |||||||
Cost of revenue | 8,951,000 | 2,695,000 | 2,681,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 14,439,000 | 19,563,000 | 20,428,000 | |||||||
NOPBT Margin | 61.73% | 87.89% | 88.40% | |||||||
Operating Taxes | 862,000 | 1,402,000 | 1,556,000 | |||||||
Tax Rate | 5.97% | 7.17% | 7.62% | |||||||
NOPAT | 13,577,000 | 18,161,000 | 18,872,000 | |||||||
Net income | (1,091,000) -117.43% | 6,260,000 -2.80% | 6,440,000 43.69% | |||||||
Dividends | (3,131,000) | (2,989,000) | (2,852,000) | |||||||
Dividend yield | 6.37% | 5.19% | 3.61% | |||||||
Proceeds from repurchase of equity | (17,630,000) | (250,000) | 36,320,000 | |||||||
BB yield | 35.85% | 0.43% | -45.97% | |||||||
Debt | ||||||||||
Debt current | 20,776,000 | 23,422,000 | 5,292,000 | |||||||
Long-term debt | 40,177,000 | 44,456,000 | 37,232,000 | |||||||
Deferred revenue | 32,589,000 | |||||||||
Other long-term liabilities | 412,362,000 | 441,694,000 | (35,913,000) | |||||||
Net debt | 30,309,000 | (159,763,000) | (289,934,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 8,631,000 | 11,081,000 | 7,892,000 | |||||||
CAPEX | 12,496,000 | (564,000) | (442,000) | |||||||
Cash from investing activities | 22,858,000 | (29,972,000) | (32,056,000) | |||||||
Cash from financing activities | (22,266,000) | 20,017,000 | 25,591,000 | |||||||
FCF | 90,988,481 | 33,892,000 | 14,738,000 | |||||||
Balance | ||||||||||
Cash | 30,644,000 | 93,222,000 | 173,418,000 | |||||||
Long term investments | 134,419,000 | 159,040,000 | ||||||||
Excess cash | 29,474,500 | 226,528,100 | 331,302,550 | |||||||
Stockholders' equity | 23,076,000 | 25,993,000 | 34,706,000 | |||||||
Invested Capital | 400,606,519 | 542,863,000 | 508,503,000 | |||||||
ROIC | 2.88% | 3.45% | 3.83% | |||||||
ROCE | 3.41% | 3.52% | 3.74% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,331,963 | 1,338,462 | 1,349,378 | |||||||
Price | 36.92 -14.20% | 43.03 -26.51% | 58.55 22.16% | |||||||
Market cap | 49,176,074 -14.62% | 57,594,020 -27.10% | 79,006,082 21.36% | |||||||
EV | 86,310,074 | (95,472,980) | (204,254,918) | |||||||
EBITDA | 15,829,000 | 20,929,000 | 21,812,000 | |||||||
EV/EBITDA | 5.45 | |||||||||
Interest | 9,856,000 | 2,321,000 | 768,000 | |||||||
Interest/NOPBT | 68.26% | 11.86% | 3.76% |