Previous close | 42.93 |
Open | 42.73 |
Bid | 42.36 x 800 |
Ask | 42.34 x 1000 |
Day's range | 42.04 - 42.78 |
52-week range | 26.57 - 45.31 |
Volume | |
Avg. volume | 7,677,906 |
Market cap | 56.672B |
Beta (5Y monthly) | 1.04 |
PE ratio (TTM) | N/A |
EPS (TTM) | -5.10 |
Earnings date | 17 Oct 2024 |
Forward dividend & yield | 2.08 (4.85%) |
Ex-dividend date | 09 Aug 2024 |
1y target est | 46.64 |
As global markets rebound from recent sell-offs and central banks adjust interest rates, investors are keenly watching for opportunities that may be trading below their estimated value. In this environment, identifying undervalued stocks can offer a strategic advantage, particularly when these companies show strong fundamentals and potential for growth despite current market volatility.
Truist Financial said on Wednesday that the bank has lowered its prime lending rates by 50 basis points to 8%, effective Thursday, matching the U.S. Federal Reserve's rate cut.
Headquartered in Charlotte, N.C., Truist Financial offers banking and financial services across 17 states in the Sunbelt and Eastern U.S. Despite being classified as a regional bank, Truist is substantial in size. This places it among the top 10 largest commercial banks in the U.S. The higher yield offered by Truist Financial has not come at the cost of credit quality.