Truist Financial Intrinsic Value Calculator – Investors Take Advantage of Support Levels as Truist Financial is Bought In
November 21, 2023
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Investors have taken advantage of the support levels offered by Truist Financial ($NYSE:TFC) as the company is bought in. By investing in Truist Financial, investors are purchasing a strong financial foundation which can offer technical assistance levels that are beneficial for those looking to capitalize on their investments. The newly created company is the sixth-largest commercial bank in the United States and offers a wide variety of services including personal banking, corporate banking, investment services, and much more. As one of the largest banks in the country, Truist Financial is seen as a safe and reliable investment option for investors looking to diversify their portfolios. The company offers various features such as online banking, mobile banking, and access to a large network of ATMs that allow customers to easily manage their finances.
In addition, Truist Financial provides customer service support and other resources which can help investors make the most of their investments. With the company’s strong financial foundation, technical assistance levels, and customer service support, investors can rest assured that their investments are in good hands.
Share Price
Monday was a strong day for TRUIST FINANCIAL, with the stock opening at $31.7 and closing at $32.0, representing a slight increase of 0.2% from its prior closing price. Investors took advantage of the buying opportunity, with many taking long positions in the stock in anticipation of it continuing to rise. The market reaction was largely positive, with investors applauding TRUIST FINANCIAL’s strong financial fundamentals. Its balance sheet is healthy, with strong cash reserves and a diversified portfolio of investments.
In addition, the company has demonstrated a track record of successful investments and innovation projects, making it an attractive option for investors. With the market showing support for TRUIST FINANCIAL, investors may be expecting a continued rally in the stock price. As such, it may be wise for investors to consider taking advantage of this buying opportunity and get in while the market is still bullish on the company’s prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Truist Financial. More…
| Total Revenues | Net Income | Net Margin |
| – | 5.33k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Truist Financial. More…
| Operations | Investing | Financing |
| 9.79k | 7.1k | -9.28k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Truist Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 542.71k | 480.7k | – |
Key Ratios Snapshot
Some of the financial key ratios for Truist Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.4% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Truist Financial Intrinsic Value Calculator
GoodWhale’s analysis of TRUIST FINANCIAL fundamentals concludes that the company’s intrinsic value is around $50.5. This conclusion is based on the Valuation Line, our proprietary valuation method. Currently, TRUIST FINANCIAL shares are trading at $32.0, which is 36.6% below its intrinsic value – making it an attractive investment opportunity with a high potential for capital appreciation. More…
Peers
Truist Financial Corp is a large financial institution that offers a variety of banking and financial services to its customers. Its competitors include Public Bank Bhd, Bandhan Bank Ltd, and Bank of Georgia Group PLC.
– Public Bank Bhd ($KLSE:1295)
Public Bank Bhd is a Malaysian bank holding company. It was founded in 1966 and is headquartered in Kuala Lumpur. The company provides banking and financial services to individuals, businesses, and governments in Malaysia, Singapore, Cambodia, and Vietnam. Public Bank Bhd has a market cap of 84.24B as of 2022. The company’s main business activities are deposit-taking, loan and financing, foreign exchange, money market and treasury operations, and other related services.
– Bandhan Bank Ltd ($BSE:541153)
Bandhan Bank Ltd is an Indian banking and financial services company headquartered in Kolkata, West Bengal. It was founded in 2001 by Chandra Shekhar Ghosh. As of March 2019, the bank had 9,421 branches and 13,958 ATMs across 2,764 cities in India. Bandhan Bank offers banking products and services including savings and deposit accounts, loans, debit and credit cards, money transfer, and insurance. The bank had a market capitalization of 432.67 billion as of March 2019.
– Bank of Georgia Group PLC ($LSE:BGEO)
Bank of Georgia Group PLC is a leading banking group in Georgia, offering a wide range of banking and financial services to individuals, businesses and corporate clients. The Group has a significant market share in deposits, loans, credit cards and other key banking indicators. It is also the largest non-bank financial institution in the country. The Group employs around 4,000 people and serves over 1.5 million customers through a network of 97 branches and 202 ATMs across Georgia.
Summary
Truist Financial is a solid choice for investors seeking reliable returns. Technical analysis suggests the stock is trading at support levels and has good potential for upside. The stock is currently trading in a tight range, indicating consolidation. Fundamental analysis shows that the company’s earnings and revenue have been increasing steadily, while debt levels have been decreasing.
It also has a strong balance sheet with a low debt-to-equity ratio. Analysts recommend that investors buy the stock now while it’s trading at technical support levels to realize gains in the long term. Risk-averse investors should consider Truist Financial as it has conservative fundamentals and short-term potential for upside.
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