Truist Financial Corp (TFC) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 03, 2020
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Truist Financial Corp (TFC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. BB&T Corporation is a financial holding company. It is a regional banking company with a presence primarily in the Southeastern United States. The company provides a range of banking services, and loans to businesses and consumers. Truist Financial Corp has a market cap of $63.34 billion; its shares were traded at around $47.19 with a P/E ratio of 12.55 and P/S ratio of 3.10. The dividend yield of Truist Financial Corp stocks is 3.73%. GuruFocus has detected 2 severe warning signs with Truist Financial Corp. .

For the last quarter Truist Financial Corp reported a revenue of $3.6 billion, compared with the revenue of $2.9 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $12.4 billion, an increase of 8.7% from last year. For the complete 30-year financial data, please go here.. For the last five years Truist Financial Corp had an average revenue growth rate of 5.9% a year.

The reported diluted earnings per share was $3.71 for the year, a decline of 5.1% from the previous year. Over the last five years Truist Financial Corp had an EPS growth rate of 8.4% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Truist Financial Corp has the cash and cash equivalents of $19.1 billion, compared with $3.9 billion in the previous year. The long term debt was $41.3 billion, compared with $23.7 billion in the previous year. Truist Financial Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $47.19, Truist Financial Corp is traded at 11.1% premium to its historical median P/S valuation band of $42.46. The P/S ratio of the stock is 3.10, while the historical median P/S ratio is 2.77. The stock lost 2.38% during the past 12 months.

Directors and Officers Recent Trades:

  • Sr. Executive Vice President Michael Baron Maguire sold 4,857 shares of TFC stock on 02/20/2020 at the average price of $54.82. The price of the stock has decreased by 13.92% since.
  • Sr. Executive Vice President Michael Baron Maguire sold 7,689 shares of TFC stock on 02/12/2020 at the average price of $55.19. The price of the stock has decreased by 14.5% since.

For the complete 20-year historical financial data of TFC, click here.