Truist Financial: Unattractive Risk Profile (NYSE:TFC)

Shares of Truist Financial (NYSE: TFC ) surged 3.7% on Friday after the financial institution reported better-than-expected results for its third fiscal quarter, mainly due to higher fees related to investment banking & trading and wealth management. Truist Financial benefitedAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ow ...