UPDATE: Piper Sandler Downgrades Truist Financial (TFC) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St futures gain on tech rebound, Middle East peace hopes
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil falls 1% as traders digest escalation in US-Iran strikes
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- UBS sees generational semiconductor boom, highlights stock winners
Truist announces purpose-driven approach to checking account experience
January 18, 2022 9:30 AM ESTCHARLOTTE, N.C., Jan. 18, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will introduce Truist One Banking, a first-of-its-kind approach to the checking account experience designed to address our clients' direct feedback. Available this summer, the approach includes two new personal checking accounts with no overdraft fees and an innovative deposit-based line of credit, available to all eligible clients, that does not rely on traditional credit scores for qualification. In addition, Truist will discontinue returned item, negative account balance, and overdraft protection transfer fees in the coming months for all... More
Truist reports fourth quarter and full year 2021 results
January 18, 2022 5:45 AM ESTCHARLOTTE, N.C., Jan. 18, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter and full year of 2021.
Net income available to common shareholders was $1.5 billion, up 24%, compared to the fourth quarter last year. Earnings per diluted common share were $1.13, an increase of 26% compared with the same period last year. Results for the fourth quarter produced an annualized return on average assets (ROA) of 1.19%, an annualized return on average common shareholders' equity (ROCE) of 9.8%, and an annualized return on tangible common shareholders' equity (ROTCE) of... More
