Truist: Low Expectations And More Flexibility Create Opportunities (Rating Upgrade)
TFCTruist(TFC) Seeking Alpha·2024-06-20 10:29
J. Michael Jones I’ve been a pretty harsh critic of Truist (NYSE:TFC) management more than a few times – not only has the execution of the SunTrust merger left a lot to be desired, but the bank has been losing organic market share in its core markets and has struggled to define and execute upon a path of differentiated growth and return improvement. With that, the shares have continued to lag – lagging the peer group by about 10% since my last update (though up about 15%), while lagging by more than 15% ...