In recent news, Truist Financial Corporation (NYSE: TFC) sets dividend payment of $0.52 per share. Representative from TFC took the stage at a keynote banking conference to share the company's strategic vision. Their stock performance has been strong, outperforming competitors on the trading day. Numerous companies such as Kempner Capital Management Inc., and Highland Capital Management LLC, among others have altered their share counts in TFC.
The finance giant confirmed its decision on dividend payout, also headlining its impact on speaking at the UBS Financial Services Conference. The corporation expects growth in earnings, as both Q4 revenues and earnings managed to beat estimates. Despite certain entities like Manning & Napier Advisors LCC selling off portions of their TFC stocks, companies like Pacer Advisors and Crews Bank & Trust have considerably bought into TFC.
Reports indicate attributes like strong NII, investment banking and trading income to be the key factors behind TFC's revenue beat in Q4. The banking giant was also able to exceed Wall Street estimates and show robust digital growth.
Truist Financial Corporation TFC News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Sat, 01 Feb 2025 14:52:56 GMT - Rating 8 - Innovation 5 - Rumor -3
