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Truist Financial Corporation — Intrinsic Value & Fair Price

TFC
NYSEFinancial ServicesBanks - RegionalCIK 0000092230truist.comAbout TFC
Last close · Oct 16, 202647.07+0.50 (+1.07%)
Market cap$57.5B
Model value · P/TBV · justified
53.35
Truist Financial closed at $47.07 — undervalued by 12% vs model.
46.68the model's range62.24

P/TBV · justified leads for a bank. From the justified price to tangible book.

Other models
38.33 – 85.54
Wall St. target
54.00 13% below
Below model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
4.42%
#44 · Highest dividend yield
Past 2 years
low 3.73%high 5.98%
Dividends per share, a year at a time
$1.83Aug ’21$1.96Aug ’22$2.08Aug ’23$2.08Aug ’24$2.08Aug ’25$2.08TTM
Dividends / earnings, FY2025
50.3%
Raised
—
Growth, 5 yrs
2.6% a year
Last change
+8.3% · Aug 2022
Every payment, with ex-dates · latest $0.52, paid Sep 1, 2026

Research on TFC

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How it is valued

Valued asBank
Revenue declining (~0% recent)Currently unprofitableStrong dividend yield
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for banks
Price / tangible book
1.3×
Price / book
0.9×
Return on equity
8.1%
P/E
12.3×
Dividend yield, TTM
4.42%
Payout ratio
56.5%
Full financials

Analyst actions

third-party, quoted
10-08Wells Fargo · target52.00
10-05UBS · target50.00
07-21Stephens · target57.00
07-20JP Morgan · “Underweight” from “Neutral”downgrade
Ratings, targets and estimates

The weekly

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About Truist Financial

Truist Financial Corporation operates as a diversified financial holding company, providing an extensive array of banking and trust services throughout the Southeastern and Mid-Atlantic regions of the United States. Its business activities are structured across three main segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The corporation offers a broad spectrum of deposit products, including both interest-bearing and noninterest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Beyond deposit services, Truist delivers a comprehensive suite of financial solutions. These include various lending options such as automobile, bankcard, consumer, home equity, mortgage, small business, and student loans, alongside specialized commercial financing for areas like floor plan, real estate, and mortgage warehousing, as well as lease and supply chain financing. The company also provides extensive wealth management and investment services, encompassing asset management, investment brokerage, private banking, capital markets, institutional trust, and private equity investment solutions. Further offerings include corporate and investment banking, securities underwriting, and advisory services. Additionally, Truist offers a wide range of insurance products, covering property and casualty, life, health, employee benefits, workers' compensation, professional liability, surety, and title insurance. Digital banking platforms (mobile and online), payment processing, international banking, merchant services, and treasury management are also integral parts of its service portfolio. Headquartered in Charlotte, North Carolina, Truist Financial Corporation was founded in 1872. As of December 31, 2021, the company maintained a substantial presence with 2,517 banking offices. The organization officially adopted its current name, Truist Financial Corporation, in December 2019, having previously operated as BB&T Corporation.

CEO
Michael Lyons
Headquarters
Charlotte, NC
Employees
37,849
IPO
1980-03-18
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.