Truist Financial (TFC) stock
Financials · Diversified Banks
Truist Financial (TFC) is a Diversified Banks company in the Financials sector, headquartered in Charlotte, North Carolina. As of October 23, 2026, TFC closed at $48.44, a market capitalization of $59.18 billion, the 204th largest company in the S&P 500. Over the last twelve months it generated $18.28 billion in revenue (-16% year over year) and $5.67 billion in free cash flow. The stock trades at 12.5x trailing earnings and 9.8x forward earnings.
- 1-year total return: +15.8% (dividends reinvested)
- 5-year return: -0.9% a year
- 52-week range: $43.13 – $56.20
- Gross margin 0.0%, operating margin 25.4%
- Dividend yield: 4.29%
- FI Handbook report card: C+ across 9 metrics
- 35th largest of 76 Financials stocks in the S&P 500
TFC price chart
1Y price change: +11.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| TFC | +3.1% | +1.5% | +15.8% | +27.6% | -0.9% | +6.5% | +10.4% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
TFC key statistics
- Market cap
- $59.2B
- #204 in S&P 500
- P/E (TTM)
- 12.5x
- Forward P/E
- 9.8x
- EPS (TTM)
- $3.88
- Revenue (TTM)
- $18.3B
- -16%
- Free cash flow
- $5.7B
- Gross margin
- 0.0%
- Operating margin
- 25.4%
- Return on equity
- 8.2%
- Dividend yield
- 4.29%
- 52-week range
- $43.13 – $56.20
- Beta
- 0.91
- Price / sales
- 3.2x
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- 37,833
TFC report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-15.8%F
- Gross margin0.0%F
- Operating margin25.4%B
- FCF margin31.0%A
- Return on equity8.2%D
- Net debt / EBITDA——
- Forward P/E9.8xA
- PEG ratio1.1xB
- Shareholder yield8.5%A
- Share count change / yr-0.8%B
Truist Financial financials
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $2.4B | $2.4B | $3.3B | $3.2B | $4.5B | $6.4B | $6.3B | -$1.0B | $4.8B | $5.3B |
| EPS (diluted) | $2.77 | $2.74 | $3.91 | $3.71 | $3.08 | $4.47 | $4.43 | $-1.09 | $3.36 | $3.82 |
| Free cash flow | — | — | $4.0B | $1.3B | $6.6B | $7.5B | $10.5B | — | — | — |
| Buybacks | $520.0M | $1.6B | $1.2B | $0 | $0 | $1.6B | $250.0M | $0 | $1.0B | $2.5B |
| Dividends paid | $925.0M | $1.0B | $1.2B | $1.3B | $2.4B | $2.5B | $2.7B | $2.8B | $2.8B | $2.7B |
| Diluted shares | 814.9M | 811.0M | 783.5M | 815.2M | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into TFC?
A reverse DCF asks what growth the current price requires. With an enterprise value of $70.4B and $5.7B of trailing free cash flow, Truist Financial needs to grow free cash flow about -1.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 24.1% a year over the last five years.
P/E ratio history
Current 12.7x vs. median 13.9x (10th–90th percentile 8.8x–20.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
TFC dividend
- Dividend yield
- 4.29%
- Annual dividend
- $2.08
- Years of increases
- —
- 5-yr dividend growth
- 2.9%
- per year
- Payout ratio
- 48%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
TFC analyst price targets
19 analysts' average 12-month target is $53.19 (+10% vs. $48.44). Targets range from $45.00 to $58.00. 32% rate it a buy.
TFC earnings
Next report: January 20, 2027.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 16, 2026 | $1.21 | $0.56 | -53.8% |
| Jul 17, 2026 | $1.08 | $1.23 | +13.8% |
| Apr 17, 2026 | $1.00 | $1.09 | +9.4% |
| Jan 21, 2026 | $1.09 | $1.12 | +2.7% |
| Oct 17, 2025 | $0.99 | $1.04 | +5.0% |
| Jul 18, 2025 | $0.92 | $0.90 | -2.2% |
| Apr 17, 2025 | $0.86 | $0.89 | +3.0% |
| Jan 17, 2025 | $0.88 | $0.91 | +3.8% |
Stocks like TFC
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 JPM JP Morgan Chase | -1.47% | +15% | $880.5B | 13.9x | Compare |
 BAC Bank of America | -1.02% | -0% | $350.0B | 12.1x | Compare |
 WFC Wells Fargo & | -0.75% | -0% | $247.3B | 11.6x | Compare |
 C Citigroup | -1.54% | +27% | $199.7B | 11.8x | Compare |
 USB U.S. Bancorp | -0.73% | +29% | $92.8B | 11.6x | Compare |
 PNC PNC Financial Services Group, I | -0.47% | +27% | $89.5B | 12.0x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
TFC news
- Raymond James Recruits $700M Advisor Team from Truist · Oct 23, 2026
- Truist names top clean energy stocks to watch ahead of Q3 earnings season · Oct 23, 2026
- Truist Names New Wealth Co-Heads in Leadership Shakeup · Oct 23, 2026
- Deckers Softer Sales Outlook Raises Growth Durability Concerns, Truist Says · Oct 23, 2026
- Why Did CRWV, SMR, CMG Stocks Plunge To 52-Week Lows Today? · Oct 23, 2026
TFC stock FAQ
What is TFC's market cap?
Truist Financial's market capitalization is $59.18 billion as of October 23, 2026, ranking 204th in the S&P 500.
What is TFC's P/E ratio?
TFC trades at a trailing price-to-earnings ratio of 12.5x and a forward P/E of 9.8x. Its median P/E over the period we track is 13.9x.
Does TFC pay a dividend?
Yes. Truist Financial pays $2.08 per share a year, a 4.29% yield. Dividends grew 2.9% a year over the last five years.
How much has TFC stock returned?
Including reinvested dividends, TFC returned +15.8% over one year, -0.9% a year over five years, +6.5% a year over ten years through October 23, 2026.
Is TFC stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Truist Financial must grow free cash flow about -1% a year for the next decade. Its free cash flow grew 24% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the TFC price target?
19 analysts cover TFC with an average 12-month price target of $53.19, +10% from the current price. 32% of them rate it a buy.
When does TFC report earnings?
Truist Financial is expected to report earnings on January 20, 2027.
How many employees does Truist Financial have?
Truist Financial has about 37,833 full-time employees, or $483,097 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology