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Truist Financial CEO Rogers sells $693,809 of company stock

Truist Financial CEO William H Jr. Rogers indirectly sold 13,250 shares of TFC common stock for $693,809 on July 20, 2026, stemming from a grantor retained annuity trust (GRAT). While the stock appears slightly overvalued by InvestingPro analysis, it boasts an attractive P/E ratio …

Truist hires Bank of America executive to lead wealth management unit

Truist Financial has appointed Shimna Sameer, formerly a Bank of America executive, to lead its wealth management unit. This strategic hire aligns with Truist's increased focus on fee-based businesses as its net interest income growth has slowed. The move aims to strengthen Truist's position …

Truist Raises Price Target on Kforce to $60 From $38, Keeps Hold Rating

Truist Securities has significantly increased its price target for Kforce (NASDAQ: KFRC) shares to $60 from $38, while maintaining a Hold rating on the stock. This adjustment suggests an updated valuation perspective on the company by the financial firm.

Truist Financial (NYSE: TFC) CEO trust sale and updated holdings

A grantor retained annuity trust associated with William H. Rogers Jr., Chairman & CEO of Truist Financial (NYSE: TFC), sold 13,250 shares of Truist common stock on July 20, 2026, at $52.363 per share. This sale was in connection with the trust’s pre-established termination. …

Truist names Shimna Sameer head of wealth management unit

Truist Financial Corporation has appointed Shimna Sameer as the new head of Truist Wealth, effective in October. Sameer joins from Bank of America, where she led products, solutions, and platforms at Bank of America Private Bank, bringing over 20 years of experience in consumer …

Truist appoints Shimna Sameer to lead and grow its wealth management business

Truist Financial Corporation has appointed Shimna Sameer as the new head of Truist Wealth. She will be responsible for accelerating growth and enhancing wealth management services, leveraging her over 20 years of experience from Bank of America Private Bank. Her role will include overseeing …

Press Release: Truist Hires Shimna Sameer as Head of Truist Wealth

Truist has announced the appointment of Shimna Sameer as the new Head of Truist Wealth, effective immediately. Sameer will be responsible for leading the company's wealth management division, focusing on strategy, growth, and client experience. Her appointment is expected to strengthen Truist's position in …

Jim Cramer Likes Truist, But Prefers This Financial Stock

Jim Cramer expressed a preference for KeyCorp (NYSE: KEY) over Truist Financial Corporation (NYSE: TFC), despite liking Truist. He also commented on Keel Infrastructure Corp. (NASDAQ: KEEL) as a speculative, high-risk infrastructure company with potential, and noted that Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: …

Truist Raises Price Target on Clean Harbors to $350 From $325, Keeps Buy Rating

Truist has increased its price target for Clean Harbors (NYSE: CLH) to $350, up from the previous $325, while maintaining a "Buy" rating on the stock. The environmental and industrial services company also recently announced board changes effective July 16, 2026, and its inclusion …

Truist Financial Maintains NVIDIA(NVDA.US) With Buy Rating

Truist Financial has reiterated its Buy rating on NVIDIA (NVDA.US). The financial firm continues to show confidence in the company's stock with this maintained rating.

Dimensional Fund Advisors LP Increases Stock Position in Truist Financial Corporation $TFC

Dimensional Fund Advisors LP increased its stake in Truist Financial Corporation by 1.9% in the first quarter, acquiring an additional 164,052 shares and bringing its total to 8.61 million shares valued at $395.6 million. Truist Financial reported strong quarterly results with EPS of $1.23 …

Truist raises W.R. Berkley stock price target on earnings beat

Truist Securities has increased its price target for W.R. Berkley Corp. shares to $83 from $78, maintaining a Buy rating after the company's strong second-quarter earnings beat. The revision is based on higher estimated net investment income and impressive underwriting performance, with the company …

Truist Bank property in The Villages sells for $3.18 million

A commercial property in The Villages housing a Truist Bank was recently sold for $3.189 million to Agree Limited Partnership, an operating entity for Agree Realty Corporation (ARC). The 1.61-acre lot at 2365 Parr Drive was acquired by ARC, a publicly traded REIT specializing …

Truist Financial Issues Positive Forecast for CommVault Systems (NASDAQ:CVLT) Stock Price

Truist Financial has raised its price target for CommVault Systems (NASDAQ:CVLT) from $155 to $182, maintaining a "buy" rating, indicating a potential 25.6% upside. This positive forecast follows CommVault's recent strong quarterly earnings, where the company beat expectations with $1.28 EPS and 13.3% year-over-year …

Evercore ISI Adjusts Price Target on Truist Financial to $56 From $57, Maintains Outperform Rating

Evercore ISI has adjusted its price target for Truist Financial (TFC) to $56, down from $57, while maintaining an Outperform rating on the stock. This modification follows other recent analyst adjustments for Truist Financial, including a downgrade by JPMorgan and price target changes by …

Truist Financial: Deep Value Based On Fee Growth (Rating Upgrade)

Truist Financial Reaffirms Their Hold Rating on WEC Energy Group (WEC)

Truist Financial has reaffirmed its Hold rating on WEC Energy Group (WEC) with a price target of $122.00, while RBC Capital also issued a Hold rating. This comes despite Goldman Sachs maintaining a Sell rating. The company reported strong financial results for the quarter …

Alston v. Truist Bank: FCRA Furnisher Duties Upheld

The article "Alston v. Truist Bank: FCRA Furnisher Duties Upheld" is a Daily Decision post from ACA International, focusing on a legal ruling related to the Fair Credit Reporting Act (FCRA). Access to the full content is restricted to logged-in members of ACA International. …

Truist Financial Corp. stock underperforms Monday when compared to competitors

Truist Financial Corp. (TFC) shares fell by 2.86% to $51.00 on Monday, underperforming the broader market. This decline occurred during a generally poor trading session where the S&P 500 Index dropped 0.19% and the Dow Jones Industrial Average fell 0.59%. This marks the second …

Truist Financial Raises Monarch Casino & Resort (NASDAQ:MCRI) Price Target to $144.00

Truist Financial has raised its price target for Monarch Casino & Resort (NASDAQ:MCRI) to $144.00 from $125.00, maintaining a "buy" rating. This new target implies a potential upside of 14.47% from the company's current trading price. The adjustment follows Monarch Casino & Resort's recent …

Truist raises Travelers stock price target to $425 on earnings momentum

Truist Securities increased its price target for Travelers Companies Inc. to $425 from $395, maintaining a Buy rating due to strong earnings momentum and an upward revision of future EPS estimates. This new target is based on 13 times the firm's 2027 earnings estimate. …

Lowe Brockenbrough & Co. Inc. Purchases 24,483 Shares of Truist Financial Corporation $TFC

Lowe Brockenbrough & Co. Inc. significantly increased its stake in Truist Financial Corporation (NYSE:TFC) by 90.1% in the first quarter, acquiring an additional 24,483 shares, bringing its total holdings to 51,670 shares valued at approximately $2.38 million. This comes as Truist Financial exceeded second-quarter …

Assetmark Inc. Purchases 37,282 Shares of Truist Financial Corporation $TFC

Assetmark Inc. increased its stake in Truist Financial Corporation by 12.1% in the first quarter, purchasing an additional 37,282 shares to bring its total holding to 344,668 shares valued at approximately $15.8 million. Truist Financial reported stronger-than-expected Q2 earnings, with EPS of $1.23 against …

Truist Exited Marine and RV Lending in Q2. The Earnings Improved Anyway.

SEB Asset Management AB Buys New Position in Truist Financial Corporation $TFC

SEB Asset Management AB has acquired a new position in Truist Financial Corporation (NYSE:TFC), purchasing over 2.7 million shares valued at approximately $124.1 million. This move comes as Truist Financial reported better-than-expected Q2 results, though analysts have become more cautious, with a consensus Hold …

Jennison Associates LLC Buys 674,840 Shares of Truist Financial Corporation $TFC

Jennison Associates LLC increased its stake in Truist Financial Corporation by 20.1% in the first quarter, acquiring an additional 674,840 shares. The institutional investor now owns 4,024,305 shares valued at approximately $185 million. Truist Financial recently reported stronger-than-expected quarterly results, with EPS of $1.23 …

Freemont Management S.A. Boosts Stake in Truist Financial Corporation $TFC

Freemont Management S.A. significantly increased its holdings in Truist Financial Corporation, boosting its stake by 128.0% to 149,800 shares valued at $6.886 million. This move is part of a broader trend of institutional investors adjusting their positions in Truist Financial, which recently reported strong …

California Public Employees Retirement System Increases Stock Holdings in Truist Financial Corporation $TFC

The California Public Employees Retirement System increased its stake in Truist Financial Corporation by 38.1% during the first quarter, acquiring an additional 872,420 shares. Other institutional investors also adjusted their holdings in TFC. Analysts currently have a "Hold" rating on the stock with a …

Truist Earnings: Strong Fee Income Growth but Balance Sheet Optimization Will Be a Headwind

Frontier tech research, news & data

This article provides details on TRUIST FINANCIAL CORP's (TFC) inventory turnover. It states that the inventory turnover was — in FY2025 and on a trailing-twelve-month basis as of Q1 FY26. The article also includes a historical breakdown of inventory turnover by fiscal year and …

Truist Financial Earnings Call Highlights Profitability Pivot

Truist Financial's Q2 earnings call revealed a strategy to prioritize long-term profitability and capital strength, despite facing near-term pressure on net interest income. The bank reported strong EPS growth, a significant increase in return on tangible common equity (ROTCE), and robust growth in fee …

Bessemer Group Inc. Has $109.50 Million Stock Holdings in Truist Financial Corporation $TFC

Bessemer Group Inc. significantly increased its stake in Truist Financial Corporation by 32.1% in the first quarter, now holding over 2.38 million shares valued at $109.50 million. Other institutional investors like Vanguard Group, Capital International Investors, and Victory Capital Management also increased their positions. …

How Truist’s Q2 Beat, Buybacks, and Loan Shift At Truist Financial (TFC) Has Changed Its Investment Story

Truist Financial Earnings Beat Estimates but Eyes Are on Bank's Next Chapter -- Barrons.com

Truist Financial reported first-quarter earnings that surpassed analyst expectations, driven by higher net interest income and a reduction in provisions for credit losses. Despite the positive results, the bank's stock dipped as investors focused on its strategic initiatives, including a proposed insurance brokerage sale …

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported a year-over-year increase in net charge-offs for the second quarter, despite a decrease in delinquencies. Truist's indirect auto net charge-offs rose to 1.73%, and the bank halted marine and RV loan originations while significantly reducing prime and …

Truist beats earnings expectations as CEO Bill Rogers prepares shift to executive chair

Truist reported earnings that surpassed analyst expectations due to a surge in investment banking revenue, even as the company lowered its full-year outlook for interest income. This announcement comes as CEO Bill Rogers prepares to transition to executive chairman in September before his anticipated …