Truist Financial (NYSE: TFC ) reports third quarter earnings next week. Having gone through something of a small transformation following a major asset disposal and balance sheet restructuring, trends in Truist's core banking business will become even more important I like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound In ...

Funds will help provide immediate and long-term resources to help communities in the storm's path get ready, respond and rebuild CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- As another hurricane threatens the Florida Peninsula in the coming days, Truist Foundation today announced it will donate $1 million to support relief and recovery efforts in communities most impacted by Hurricane Milton – the second major hurricane expected to hit the area in the past two weeks. The funds will be distributed to the Am ...

CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report third-quarter 2024 financial results before the market opens on Thursday, October 17, 2024. Chairman and Chief Executive Officer Bill Rogers and Chief Financial Officer Mike Maguire will host a conference call to review the company's financial results at 8 a.m. ET. Investors can access the live earnings call by webcast or dial-in as follows: Live webcast for listeners: https://app.webinar.net/qVga5Y8KdRw Dia ...

Funds will support information technology, infrastructure restoration in most impacted communities, including Western North Carolina CHARLOTTE, N.C., Sept. 30, 2024 /PRNewswire/ -- Truist Foundation today announced it will donate an additional $500,000 to support relief and recovery efforts in communities most impacted by the historic destruction from Hurricane Helene, including Western North Carolina, making its total contributions $1 million. The funds will be distributed to IT Disaster Resource Center, U ...

Funds will be used to prepare, respond and restore in impacted communities CHARLOTTE, N.C., Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene travels toward the Florida panhandle, Truist Foundation today announced it will donate $500,000 to support relief and recovery efforts in communities impacted by the storm. The funds will be distributed to the American Red Cross and World Central Kitchen for immediate relief efforts as well as Center for Disaster Philanthropy's Atlantic Hurricane Season Fund for long ...

In collaboration with MIT Solve, Truist Foundation will provide more than $1 million in grants and in-kind services to nonprofits supporting career navigation and workforce development CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ -- Truist Foundation today announced the launch of its third Inspire Awards, a capacity-building grant program for nonprofit organizations, to help create career pathways to economic mobility for workers across the U.S. This year's challenge aims to improve resources for adults see ...

Funds will help provide immediate relief, support long-term recovery efforts in impacted communities CHARLOTTE, N.C., Sept. 11, 2024 /PRNewswire/ -- In response to Hurricane Francine's projected landfall along the U.S. Gulf Coast this afternoon, Truist Foundation today announced it will donate $250,000 to support relief and recovery efforts in communities impacted by the storm. The funds will be distributed to the American Red Cross and the Center for Disaster Philanthropy's Atlantic Hurricane Season Recove ...

会议主要讨论的核心内容 - 公司在过去12个月内完成了组织架构调整和业务简化计划,提高了效率和收益机会 [7][8] - 公司出售了剩余的保险业务,提高了资本充足率,为未来的业务增长和资本回报创造了空间 [11] - 公司计划通过加强现有客户关系、提高支付业务和财富管理渗透率等方式来提高盈利能力 [14][18][20][21] - 公司在中型企业银行、现金管理和消费者业务等领域都有较大的增长潜力 [17][18][19][20] - 公司将保持严格的成本管控,并努力实现正的营业杠杆 [52][53] 问答环节重要的提问和回答 - 分析师询问公司中期ROTCE目标的时间框架和后续发展空间,公司表示这是一个重要的中期目标,未来还有进一步提升的空间 [28][30] - 分析师询问公司业务简化计划的成果,公司表示通过简化业务架构和明确责任,提高了效率和部署资本的灵活性 [31][32][33] - 分析师询问公司对经济前景和客户情绪的看法,公司表示客户普遍谨慎,但仍有投资意愿,公司将继续关注 [36][37] - 分析师询问公司在存款成本上升和费用收入方面的应对措施,公司表示将根据不同业务的特点采取差异化策略 [46][47][48][49] - 分析师询问公司对资产质量的看法,公司表示商业贷款质量总体良好,但将密切关注办公楼等商业地产领域的风险 [56][57][58]

Shutthiphong Chandaeng/iStock via Getty Images Shares of super regional bank Truist Financial Corporation (NYSE:TFC) are trading near their 52-week high after posting a strong 2Q24, as expectations for a Fed rate cut in September increase. The bank sold its remaining 80% stake in Truist Insurance Holdings (TIH) in May 2024 and executed a concurrent balance sheet repositioning to boost its capital adequacy ratios. With a 4.7% yield despite an approximate 25% rally since first announcing the TIH sale in Febru ...

Jefferson Rives, managing director and head of healthcare technology, joins from Barclays. Rives has 20 years of experience, including leading roles within the Wells Fargo and Morgan Stanley global healthcare teams. He is a graduate of the University of North Carolina – Chapel Hill and received his MBA from the Kellogg School of Management at Northwestern University. Max Riso, managing director, biotech, joins from Citi's healthcare investment banking group. Riso has 11 years of healthcare investment bankin ...