Core Insights - Evercore ISI maintains an "Outperform" rating for Truist Financial Corporation (TFC), increasing the price target from $58 to $64, reflecting confidence in the company's future performance [1][6] Company Developments - Truist recently launched an AI-enabled receivables platform aimed at enhancing cash application processes for clients, utilizing artificial intelligence and machine learning to streamline payments data and automate reconciliation [2][4] - The launch of the AI platform is expected to improve cash visibility and reduce manual work for clients, potentially driving future growth [4] Stock Performance - The current stock price for TFC is $54.90, showing a slight decrease of 0.38% with a change of $0.21, while the stock has a 52-week high of $55.75 and a low of $33.56, indicating resilience [3][6] - Today's trading volume for TFC is 3,252,736 shares, reflecting active investor interest, with fluctuations between a low of $54.35 and a high of $55.17 [5] Market Position - Truist's market capitalization is approximately $70.23 billion, highlighting its significant presence in the financial sector [4][6]

New solution unifies payments data, centralizes receivables and automates reconciliation to improve cash visibility and reduce manual work CHARLOTTE, N.C., Feb. 3, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced a new integrated receivables platform that uses AI and machine learning to help commercial and corporate clients simplify receivables and improve cash visibility. The solution matches payments to invoices across checks and electronic rails, unifies payment and remittanc ...

Independent Advisor Alliance lifted its holdings in shares of Truist Financial Corporation (NYSE:TFC – Free Report) by 9.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 329,093 shares of the insurance provider’s stock after buying an additional 29,191 shares during the quarter. Independent Advisor Alliance’s holdings in Truist Financial were worth $15,046,000 at the end of the most recent quarter. Get Truist Fin ...

Truist Financial Corporation (TFC), headquartered in Charlotte, North Carolina, is a leading financial services provider specializing in banking and trust services. Valued at $65.1 billion by market cap, the company provides a diverse array of services, encompassing retail, small business, and commercial banking, asset management, capital markets, commercial real estate, corporate and institutional banking, insurance, mortgage, payments, and specialized lending and wealth management solutions. Shares of ...

Group 1 - Truist Financial Corporation announced that Chief Consumer and Small Business Banking Officer Dontá Wilson will speak at the UBS Financial Services Conference on February 10, 2026, at 12:10 p.m. ET [1] - Chief Financial Officer Mike Maguire will speak at the BofA Securities Financial Services Conference on February 11, 2026, at 10:30 a.m. ET [1] - A live audio webcast of the conferences will be available on the day of the events, with a replay accessible for 30 days [2] Group 2 - Truist Financial Corporation is a purpose-driven financial services company headquartered in Charlotte, North Carolina, with total assets of $548 billion as of December 31, 2025 [3] - The company has a leading market share in many high-growth markets in the U.S. and offers a wide range of financial products and services [3] - Truist is recognized as a top-10 commercial bank, providing services including consumer and small business banking, commercial and corporate banking, investment banking, and wealth management [3]

Core Insights - Bank of America (BAC) and Truist Financial (TFC) reported solid fourth-quarter 2025 results with year-over-year growth in earnings and revenues, prompting a comparison of their investment potential post-earnings [2] Group 1: Bank of America (BAC) - BAC is expected to see net interest income (NII) growth of approximately 5-7% in 2026, driven by asset repricing, loan and deposit growth, and technological efficiency [3][11] - The bank plans to expand its financial center network by opening over 150 centers by 2027, enhancing customer relationships and tapping into new markets [4] - BAC's non-interest income streams, including asset management fees and investment banking, showed positive momentum and are expected to continue in 2026 [5] - The bank's return on equity (ROE) stands at 11.07%, indicating efficient use of shareholder funds [21] - Following the 2025 stress test, BAC raised its dividend by 8% to 28 cents per share, resulting in a dividend yield of 2.15% [17] Group 2: Truist Financial (TFC) - TFC expects NII growth of 3-4% in 2026, supported by average loan growth and fixed-rate asset repricing [10][11] - The company announced a growth plan to open 100 new branches and renovate over 300 existing locations by 2030, focusing on enhancing its digital capabilities [8] - TFC's ROE is lower at 9.03%, reflecting less efficient use of shareholder funds compared to BAC [21] - TFC maintains a higher dividend yield of 4.14%, with its dividend payout remaining at 52 cents per share [17] Group 3: Comparative Analysis - Over the past six months, BAC shares have risen by 11.3%, outperforming TFC's 7.9% increase [13] - In terms of valuation, TFC is trading at a forward P/E of 11.11X, while BAC is at 11.94X, indicating TFC is trading at a discount [16][17] - The Zacks Consensus Estimate indicates BAC's earnings growth of 13.1% and 14.4% for 2026 and 2027, respectively, while TFC's growth is estimated at 13.4% and 12.1% [23][26] - Overall, BAC is viewed as better positioned for long-term growth due to its scale, diversified income streams, and ongoing expansion strategy, despite TFC's higher dividend yield [29][30]

Core Insights - Nearly 60% of the largest banks in the U.S. are either already offering Bitcoin-related services or expect to do so, indicating a significant trend towards Bitcoin adoption in the banking sector [1][5] Group 1: Current Offerings and Initiatives - Major U.S. banks such as JPMorgan Chase have launched Bitcoin trading services, while Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley provide Bitcoin exposure primarily to high-net-worth clients [2] - U.S. Bank and BNY Mellon are among the first systemically important banks to offer custody services for Bitcoin [3] - PNC Group has launched both Bitcoin custody and trading services, while State Street and HSBC's U.S. operations have announced custody plans [5] Group 2: Exploratory Stages and Recommendations - Some banks, including Citigroup and Fifth Third, are still in the exploratory stages regarding custody and trading offerings [6] - Bank of America has recommended that clients allocate up to 4% of their portfolios to cryptocurrencies, reflecting a shift in stance even among banks without direct Bitcoin products [4][9] - Bank of America also plans to initiate coverage of four U.S.-listed spot Bitcoin exchange-traded funds (ETFs), which provide direct exposure to Bitcoin [10] Group 3: Banks Yet to Enter the Market - Despite the growing momentum, a significant minority of large U.S. banks have not yet announced Bitcoin-related products or plans, with nine banks remaining on the sidelines [7][8][11]

With a decided lack of clarity on future rate moves and the direction of the economy, 2026 is shaping up as a year when individual bank companies and stock performance could show a lot ofAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any compan ...

Core Viewpoint - Argus has raised the price target for Truist Financial (TFC) to $58 from $54 while maintaining a Buy rating following the company's Q4 earnings beat [1] Financial Performance - The Q4 results indicated a positive impact on net interest income driven by higher earning assets and average deposits [1] - Share buybacks remained robust, contributing to the overall financial health of the company [1] - Credit quality showed improvement, reflecting a stronger financial position [1]

Truist Financial Corporation (NYSE:TFC) is one of the best large cap value stocks to buy in 2026. On January 7, TD Cowen raised its price target on Truist Financial to $59 from $55, while maintaining a Buy rating. This decision was made as the firm updated its banking sector outlook, citing a positive end to the year driven by asset repricing and balance sheet expansion. The firm remains bullish on 2026 and noted that a shift toward a more accommodative Fed leadership could be a significant catalyst for st ...