Koshinski Asset Management Acquires Shares of Truist Financial
January 7, 2023
Trending News ☀️
Truist Financial Intrinsic Stock Value – TRUIST FINANCIAL ($NYSE:TFC) is a multinational financial services company that has been providing banking, capital markets, and trust services for nearly two centuries. Recently, Koshinski Asset Management Inc. has acquired shares of Truist Financial. Koshinski Asset Management Inc. is a global asset management firm that provides investment management, research and advisory services to institutional and individual clients. They specialize in equity and fixed income investments and have strategies tailored to meet the unique needs of each client.
By investing in Truist Financial, Koshinski Asset Management Inc. is looking to benefit from the company’s strong performance and financial stability. The move also positions Koshinski Asset Management Inc. as a key player in the global financial services market. They are looking to capitalize on the company’s strong performance and gain a foothold in the highly competitive global financial services market. This move is sure to benefit both companies and their customers in the long run.
Market Price
The news was generally well-received, as the stock opened at $43.4 and closed at $43.6, up 1.4% from the prior closing price of $43.0. The move by Koshinski Asset Management Inc. is considered to be a vote of confidence in Truist Financial‘s future prospects. The company has seen a steady rise in stock price over the past few months, and this latest acquisition is likely to add further momentum to the trend. The acquisition is also seen as a sign of Truist Financial’s potential for future growth. The company has made great strides in its operations over the past year, expanding its presence both domestically and internationally. Its innovative products and services have been well-received by both customers and investors alike.
In addition, the acquisition is likely to provide Koshinski Asset Management Inc. with a substantial stake in the company. This could provide them with a good return on investment in the long-term, as Truist Financial continues to expand and its stock price rises accordingly. The stock has seen a steady rise in price since Tuesday, and it appears that the company may still have further potential for growth in the future. It remains to be seen whether this acquisition will be successful in providing Koshinski Asset Management Inc. with a good return on their investment. 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 |
| – | 5.84k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Truist Financial. More…
| Operations | Investing | Financing |
| 7.89k | -32.06k | 25.59k |
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 |
| 548.44k | 487.63k | – |
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 |
| 24.4% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – Truist Financial Intrinsic Stock Value
VI app has made it easier to understand the fundamentals of TRUIST FINANCIAL, which reflect its long term potential. According to the fair value calculated by VI Line, the fair value of TRUIST FINANCIAL share is around $52.4. However, currently the stock is traded at $43.6, indicating that the stock is undervalued by 17%. This gives potential investors an opportunity to buy the stock at a lower price. TRUIST FINANCIAL’s fundamentals show a good long term potential which has been verified by VI app. It is important to note that the stock is currently undervalued and could be a good investment option. Furthermore, it is important to keep an eye on the company’s performance in order to make sure the investment is a sound one. More…
VI Peers
Truist Financial Corp is a large financial institution that offers a variety of banking and financial services to its customers. Its competitors include Public Bank Bhd, Bandhan Bank Ltd, and Bank of Georgia Group PLC.
– Public Bank Bhd ($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
Investing in Truist Financial has become a more attractive option for investors as Koshinski Asset Management Inc. recently acquired a large number of shares in the company. Analysts have been optimistic about the company’s prospects, citing its steady growth, healthy balance sheet and potential for further expansion. The company has a strong reputation in the industry, with a wide variety of products and services available.
Additionally, the company has maintained a strong dividend yield, which is attractive to investors. With Truist Financial’s financial strength and ability to generate long-term returns, investors should look favorably upon this recent acquisition as a sign of further growth potential.
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