Truist Bank has partnered with Trovata, a provider of bank application programming interfaces (APIs) and enterprise cash management services, to enhance cash forecasting and liquidity management for i
America's regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back following a quarter tha
From a stock market standpoint, regional U.S. banks have stabilized after this spring's banking turmoil. But that recovery belies their deteriorating financial performance.

Truist: 60% of Transactions Are Now Digital

05:14pm, Thursday, 19'th Oct 2023
Truist says it is seeing a jump in digital engagement as it continues its cost-cutting measures. Speaking during an earnings call Thursday (Oct. 19) CEO Bill Rogers said the regional lender's dig
Truist Financial has taken prudent action to maintain and improve its capital positioning and secure its dividend amidst the bank turmoil of early 2023. The reaction by private companies and federal f
Truist Financial Corporation (TFC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.24 per share a year ago
A modest improvement in fee income, higher average deposit balance and higher interest rates aid Truist's (TFC) Q3 earnings amid a rise in funding costs, deteriorating credit quality and an increase i
Beware Big Tech And Buy These 7% Yielding Blue-Chip Bargains
By now, most market participants are aware of the UAW (United Auto Workers) union strikes, which pose a significant risk to domestic auto manufacturers and their profitability. That is about as far as
8%-Yielding Blue Chips Perfect For What's Coming Next
Lower net interest income and non-interest income and weakening asset quality are expected to have hurt Truist's (TFC) Q3 earnings.
In the closing of the recent trading day, Truist Financial Corporation (TFC) stood at $28.41, denoting a -1.63% change from the preceding trading day.
Truist (TFC) mulls divesting the remaining 80% stake in the insurance subsidiary, Truist Insurance Holdings, to strengthen the balance sheet. The news cheers investors, and shares rise 6.6%.
Block (SQ) shares are trading higher late Tuesday after Bank of America reiterated its "Buy" rating on the stock. Truist Financial Corporation (TFC) shares rise as the company is in talks to sell its

Why Truist Stock Was Climbing Today

02:28pm, Tuesday, 10'th Oct 2023
Truist could sell its remaining 80% stake in its insurance business for $10 billion. The move comes as bank regulations have tightened in the wake of March's regional banking crisis.
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