{"id":5451,"date":"2023-05-07T17:03:56","date_gmt":"2023-05-07T21:03:56","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/banking-on-value-truist-financial-tfc\/"},"modified":"2023-05-07T17:03:57","modified_gmt":"2023-05-07T21:03:57","slug":"banking-on-value-truist-financial-tfc","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=5451","title":{"rendered":"Banking On Value – Truist Financial (TFC)"},"content":{"rendered":"
\n

Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s<\/em> latest special report, Banking on Value – Revisited<\/em>, I discuss the latest goings on and separate fact from fiction. I also offer actionable advice from our Value Investing perspective, including three additional undervalued stock selections to go along with the one featured below.<\/p>\n

Truist Financial
\n
\n TFC
\n <\/fbs-ticker> <\/strong>is an inexpensive regional bank that likely isn\u2019t getting the credit it deserves, given its size and geographic reach.<\/p>\n

The marriage of Southeastern banking leaders BB&T and SunTrust forming Truist in 2019 combined two regional leaders in the Southeast with conservative lending culture, competitive franchises and the potential for cost savings.<\/p>\n

<\/fbs-ad><\/p>\n

TFC earned $1.05 per share in Q1, below the $1.14 expected by analysts, and the company trimmed its outlook for the year amid higher funding costs, which contracted net interest margin by 8 basis points compared to Q4. Of course, the regional bank still expects to grow revenue 5% to 7% this year, though this is down from prior guidance of 7% to 9% growth.<\/p>\n

These days, many naturally are questioning the viability of the regional banks, with TFC CEO Bill Rogers recently explaining, \u201cIn a challenging and unique quarter for the banking industry, Truist demonstrated strength and leadership that reflects our diverse business model, granular and relationship-oriented deposit base, and strong capital and liquidity position.\u201d<\/p>\n

Mr. Rogers continued, \u201cWe also closed on the sale of a 20% minority stake in Truist Insurance Holdings in early April, which adds approximately 30 basis points to our risk-based capital ratios and, longer term, provides strategic and financial flexibility for both Truist and [Truist Insurance Holdings].\u201d<\/p>\n

Understanding that investors in regional banks must be braced for substantial volatility and that we mitigate overall portfolio risk via broad sector, industry and individual stock diversification, I think TFC will weather the current storm. Shares, which are still off by a third this year, despite a big rebound on May 5, trade for just 6.6 times next-twelve-month estimated earnings and offer a 7.2% dividend yield.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report, Banking on Value – Revisited, I discuss the latest goings on and separate fact from fiction. I also offer actionable advice from our Value Investing perspective, including three additional undervalued stock selections to […]<\/p>\n","protected":false},"author":1,"featured_media":5452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-5451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-featured"],"yoast_head":"\nBanking On Value - Truist Financial (TFC) | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=5451\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking On Value - Truist Financial (TFC) | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=5451\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-07T21:03:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-07T21:03:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1683493436_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=5451#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=5451\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Banking On Value – Truist Financial (TFC)\",\"datePublished\":\"2023-05-07T21:03:56+00:00\",\"dateModified\":\"2023-05-07T21:03:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=5451\"},\"wordCount\":348,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=5451#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=5451\",\"url\":\"https:\/\/ifintechworld.com\/?p=5451\",\"name\":\"Banking On Value - Truist Financial (TFC) | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-07T21:03:56+00:00\",\"dateModified\":\"2023-05-07T21:03:57+00:00\",\"description\":\"Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report,\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=5451#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=5451\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=5451#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banking On Value – Truist Financial (TFC)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banking On Value - Truist Financial (TFC) | iFintechWorld","description":"Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=5451","og_locale":"en_US","og_type":"article","og_title":"Banking On Value - Truist Financial (TFC) | iFintechWorld","og_description":"Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report,","og_url":"https:\/\/ifintechworld.com\/?p=5451","og_site_name":"iFintechWorld","article_published_time":"2023-05-07T21:03:56+00:00","article_modified_time":"2023-05-07T21:03:57+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1683493436_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=5451#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=5451"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Banking On Value – Truist Financial (TFC)","datePublished":"2023-05-07T21:03:56+00:00","dateModified":"2023-05-07T21:03:57+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=5451"},"wordCount":348,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=5451#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=5451","url":"https:\/\/ifintechworld.com\/?p=5451","name":"Banking On Value - Truist Financial (TFC) | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-07T21:03:56+00:00","dateModified":"2023-05-07T21:03:57+00:00","description":"Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator\u2019s latest special report,","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=5451#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=5451"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=5451#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Banking On Value – Truist Financial (TFC)"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/5451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5451"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/5451\/revisions"}],"predecessor-version":[{"id":5453,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/5451\/revisions\/5453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/5452"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}