Truist Financial Corp Stock Net Income
| TFC Stock | USD 38.89 0.65 1.64% |
Truist Financial Corp fundamentals help investors to digest information that contributes to Truist Financial's financial success or failures. It also enables traders to predict the movement of Truist Stock. The fundamental analysis module provides a way to measure Truist Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Truist Financial stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -1.1 B | -1 B | |
| Net Loss | -1 B | -994.6 M | |
| Net Income Applicable To Common Shares | 6.8 B | 3.4 B | |
| Net Loss | (0.82) | (0.78) | |
| Net Income Per E B T | 5.90 | 6.19 |
Truist | Net Income |
Truist Financial Corp Company Net Income Analysis
Truist Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Truist Financial Net Income | (1.09 B) |
Most of Truist Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Truist Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Truist Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Truist Financial is extremely important. It helps to project a fair market value of Truist Stock properly, considering its historical fundamentals such as Net Income. Since Truist Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Truist Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Truist Financial's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Truist Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Truist Financial Corp reported net income of (1.09 Billion). This is 185.4% lower than that of the Banks sector and significantly lower than that of the Financials industry. The net income for all United States stocks is significantly higher than that of the company.
Truist Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Truist Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Truist Financial could also be used in its relative valuation, which is a method of valuing Truist Financial by comparing valuation metrics of similar companies.Truist Financial is currently under evaluation in net income category among related companies.
Truist Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Truist Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Truist Financial's managers, analysts, and investors.Environmental | Governance | Social |
Truist Financial Institutional Holders
Institutional Holdings refers to the ownership stake in Truist Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Truist Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Truist Financial's value.| Shares | Royal Bank Of Canada | 2023-12-31 | 15.7 M | Northern Trust Corp | 2023-12-31 | 12.9 M | Goldman Sachs Group Inc | 2023-12-31 | 11.8 M | Capital Research & Mgmt Co - Division 3 | 2024-03-31 | 11.6 M | Bank Of New York Mellon Corp | 2023-12-31 | 11.2 M | American Century Companies Inc | 2024-03-31 | 10.8 M | Harris Associates L.p. | 2024-03-31 | 10.4 M | Legal & General Group Plc | 2023-12-31 | 10.3 M | Federated Hermes Inc | 2023-12-31 | 10 M | Vanguard Group Inc | 2024-03-31 | 116.6 M | Blackrock Inc | 2023-12-31 | 97.5 M |
Truist Fundamentals
| Return On Equity | -0.0218 | |||
| Return On Asset | -0.0024 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | 0.38 % | |||
| Current Valuation | 86.56 B | |||
| Shares Outstanding | 1.34 B | |||
| Shares Owned By Insiders | 0.26 % | |||
| Shares Owned By Institutions | 72.51 % | |||
| Number Of Shares Shorted | 13.35 M | |||
| Price To Earning | 11.07 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 2.31 X | |||
| Revenue | 33.33 B | |||
| Gross Profit | 22.26 B | |||
| EBITDA | 665 M | |||
| Net Income | (1.09 B) | |||
| Cash And Equivalents | 30.66 B | |||
| Cash Per Share | 23.11 X | |||
| Total Debt | 65.15 B | |||
| Book Value Per Share | 38.97 X | |||
| Cash Flow From Operations | 7.84 B | |||
| Short Ratio | 1.55 X | |||
| Earnings Per Share | (1.31) X | |||
| Price To Earnings To Growth | 2.62 X | |||
| Target Price | 42.9 | |||
| Number Of Employees | 49.22 K | |||
| Beta | 1.06 | |||
| Market Capitalization | 52.91 B | |||
| Total Asset | 538.98 B | |||
| Retained Earnings | 22.09 B | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 3.29 % | |||
| Net Asset | 538.98 B | |||
| Last Dividend Paid | 2.08 |
About Truist Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Truist Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Truist Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Truist Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:Check out Truist Financial Piotroski F Score and Truist Financial Altman Z Score analysis. Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Truist Stock analysis
When running Truist Financial's price analysis, check to measure Truist Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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Is Truist Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 2.08 | Earnings Share (1.31) | Revenue Per Share 15.607 | Quarterly Revenue Growth (0.1) |
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.