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Truist Financial (BSP:B1BT34) 3-Year Book Growth Rate

: -5.50% (As of Dec. 2023)
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Truist Financial's Book Value per Share for the quarter that ended in Dec. 2023 was R$192.61.

During the past 12 months, Truist Financial's average Book Value per Share Growth Rate was -3.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -5.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value per Share Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Truist Financial was 18.50% per year. The lowest was -5.50% per year. And the median was 6.45% per year.


Competitive Comparison

For the Banks - Regional subindustry, Truist Financial's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Truist Financial 3-Year Book Growth Rate Distribution

For the Banks industry and Financial Services sector, Truist Financial's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Truist Financial's 3-Year Book Growth Rate falls into.



Truist Financial 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Truist Financial  (BSP:B1BT34) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Truist Financial 3-Year Book Growth Rate Related Terms

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Truist Financial (BSP:B1BT34) Business Description

Address
214 North Tryon Street, Charlotte, NC, USA, 28202
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.

Truist Financial (BSP:B1BT34) Headlines

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