Truist Financial
TFC on NYSE. Truist sells banking and financial services to people and businesses. Market value $56.6bn.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.
Cash flow or capital spending isn't reported, so free cash flow is unknown.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Financial services stocks that passed both tests
This is not advice. Check the numbers below.
Yearly profit per dollar of owners' money: 8 cents. Above 10 is good.
What you pay for each dollar of net assets: $0.88.
Profit per $100 you pay: $9.79.
Quality score: 43 of 100. Price score: 100 of 100. Our list needs 70 on quality and 60 on price.
$46.25 a share, 13% above its 1-year low
Over the past year the price has ranged from $40.78 to $56.20.
Expected to report results Friday 16 Oct, before the market opens.
Dividend: 4.6% a year
Paid every year for at least 5 years
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | n/a | n/a | n/a | n/a | n/a |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 1.33bn | 1.33bn | 1.33bn | 1.28bn | 1.22bn |
Health checks
- Free cash flow positiveDoesn't apply to banks and insurers
- Accounting checksDoesn't apply to banks and insurers
- DebtDoesn't apply to banks and insurers
- Revenue growth, five yearsUnknown
- Buying back its own sharesYes, 8% fewer since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Profit: $1.5 billion, up 29% on a year ago.
- 5% fewer shares than a year ago. Each share owns a bit more of the company.
| Quarter to | Amount |
|---|---|
| September 2024 | $1.3bn |
| December 2024 | $1.2bn |
| March 2025 | $1.2bn |
| June 2025 | $1.2bn |
| September 2025 | $1.3bn |
| December 2025 | $1.3bn |
| March 2026 | $1.4bn |
| June 2026 | $1.5bn |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- 16 October 2026
- Last annual report (10-K)
- 24 February 2026
- Next quarterly (estimated, 10-Q)
- 30 October 2026
Who owns it
15 long-term investors we follow own it, unchanged from 15 last quarter. 1,698 funds in all.
- Hotchkis & WileyHotchkis & Wiley team
- Value
- $369m
- Share of fund
- 1.1%
- Cullen Capital ManagementJames Cullen
- Value
- $223m
- Share of fund
- 2.2%
- Letko BrosseauLetko Brosseau team
- Value
- $77m
- Share of fund
- 1.1%
- Brandes Investment PartnersCharles Brandes
- Value
- $42m
- Share of fund
- 0.3%
- Gotham Asset ManagementJoel Greenblatt
- Value
- $4m
- Share of fund
- <0.1%
- Dodge & CoxDodge & Cox investment committee
- Value
- $954,103
- Share of fund
- <0.1%
- GAMCO InvestorsMario Gabelli
- Value
- $246,659
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Hotchkis & WileyHotchkis & Wiley team | $369m | 1.1% | |
| Cullen Capital ManagementJames Cullen | $223m | 2.2% | |
| Sanders CapitalLew Sanders | $95m | <0.1% | Cut |
| Letko BrosseauLetko Brosseau team | $77m | 1.1% | |
| LSV Asset ManagementJosef Lakonishok | $64m | 0.1% | Added |
| Brandes Investment PartnersCharles Brandes | $42m | 0.3% | |
| Diamond Hill Capital ManagementRic Dillon (founder) | $37m | 0.3% | Cut |
| Tweedy, BrowneTweedy Browne partners | $27m | 2.1% | Cut |
| GMOJeremy Grantham | $12m | <0.1% | Added |
| Davis Selected AdvisersChris Davis | $10m | <0.1% | Cut |
| Gotham Asset ManagementJoel Greenblatt | $4m | <0.1% | |
| Dodge & CoxDodge & Cox investment committee | $954,103 | <0.1% | |
| Harris Associates (Oakmark)Bill Nygren | $933,378 | <0.1% | Cut |
| First Manhattan Co.First Manhattan partners | $513,644 | <0.1% | Cut |
| GAMCO InvestorsMario Gabelli | $246,659 | <0.1% |
Largest holders overall
- BlackRock$5.0bn
- Capital International Investors$4.7bnAdded
- Vanguard Capital Management$4.1bn
- State Street$2.9bn
- Vanguard Portfolio Management$2.1bnAdded
- Bank of America$1.8bnCut
- Geode Capital Management$1.6bn
- Morgan Stanley$1.1bnAdded
- Charles Schwab Investment Management$877m
- Victory Capital Management$782mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
2 investors own more than 5%.
- Vanguard Capital ManagementPassive investor7.6%Since 31 March 2026
- Capital International InvestorsPassive investor7.0%−1.2 ptsSince 31 March 2026
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Vanguard Capital Management Passive investor | 7.6% | 31 March 2026 | |
Capital International Investors Passive investor | 7.0%−1.2 pts | 31 March 2026 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $1m of shares on the open market. 5 sold $3m.
- Lyons Michael P.President & CEO, DirectorBought
- Date
- 17 September 2026
- Shares
- 21,000
- Price
- $48.36
- Value
- $1m
- Wilson Donta LChief Consumer & SB BK OfficerSold
- Date
- 31 July 2026
- Shares
- 13,280
- Price
- $51.85
- Value
- $688,618
- Boyer K. David Jr.DirectorSold
- Date
- 23 July 2026
- Shares
- 3,986
- Price
- $50.70
- Value
- $202,090
- ROGERS WILLIAM H JRChairman & CEO, DirectorSold
- Date
- 20 July 2026
- Shares
- 13,250
- Price
- $52.36
- Value
- $693,810
- Powell Cynthia BCorp. Controller & CAOSold
- Date
- 2 February 2026
- Shares
- 3,500
- Price
- $52.49
- Value
- $183,715
- Maguire Michael BaronChief Financial OfficerSold
- Date
- 26 January 2026
- Shares
- 13,000
- Price
- $50.13
- Value
- $651,690
- Boyer K. David Jr.DirectorSold
- Date
- 25 November 2025
- Shares
- 5,160
- Price
- $46.45
- Value
- $239,682
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 17 September 2026 | Lyons Michael P. President & CEO, Director | Bought | 21,000 | $48.36 | $1m |
| 31 July 2026 | Wilson Donta L Chief Consumer & SB BK Officer | Sold | 13,280 | $51.85 | $688,618 |
| 23 July 2026 | Boyer K. David Jr. Director | Sold | 3,986 | $50.70 | $202,090 |
| 20 July 2026 | ROGERS WILLIAM H JR Chairman & CEO, Director | Sold | 13,250 | $52.36 | $693,810 |
| 2 February 2026 | Powell Cynthia B Corp. Controller & CAO | Sold | 3,500 | $52.49 | $183,715 |
| 26 January 2026 | Maguire Michael Baron Chief Financial Officer | Sold | 13,000 | $50.13 | $651,690 |
| 25 November 2025 | Boyer K. David Jr. Director | Sold | 5,160 | $46.45 | $239,682 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.