Truist Financial Corp. (TFC) to maintain dividend following stress test
- S&P 500 ends lower on mixed Fed messages, PCE on deck
- Salesforce lifts annual guidance after Q3 earnings beat expectations; stock jumps
- Economic outlook deteriorates as growth, inflation slows: Fed's Beige Book
- UAW push to organize Tesla (TSLA) and non-union auto sector
- After-hours movers: Salesforce, Snowflake jump on strong results
Truist Financial Corporation (NYSE: TFC) today announced the Federal Reserve Board has determined the Company's preliminary stress capital buffer ("SCB") requirement is 2.9%. The Federal Reserve Board will provide the Company's final SCB requirement on or before
Truist also announced plans to maintain its current quarterly common stock dividend of
"Truist's 2023 annual stress test results again demonstrate the benefits of our diverse business mix and prudent and disciplined risk management culture," said Truist Chairman and Chief Executive Officer
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ONE Gas (OGS) Issues 2024 Financial Guidance
- Pinnacle Bancshares, Inc. (PCLB) Declares $0.27 Quarterly Dividend; 5.8% Yield
- Lamar Advertising (LAMR) Declares $1.25 Quarterly Dividend; 5% Yield
Create E-mail Alert Related CategoriesCorporate News, Dividends
Related EntitiesDividend, FDIC, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!