8. DECENT WORK AND ECONOMIC GROWTH

Truist Financial Stock: Most Of The Negatives Are Priced In (NYSE:TFC)

Written by Amanda
High Yield, Low Risk Road Sign

JamesBrey

Thesis

Based on my understanding, it seems that most risks related to the US banking sector are already reflected in the price of Truist Financial Corporation (NYSE:TFC) (TFC.PI) shares – both common and preferred ones. I

Truist's Q1 FY23 data

Truist’s Q1 FY23 data

Truist's IR materials

Truist’s IR materials

YCharts, Credit Suisse data

YCharts, Credit Suisse data [author’s notes]

Credit Suisse, [May 19, 2023, proprietary source], author's notes

Credit Suisse, [May 19, 2023, proprietary source], author’s notes

Morgan Stanley's report, author's note [May 01, 2023 - proprietary source]

Morgan Stanley’s report, author’s note [May 01, 2023 – proprietary source]

Chart
Data by YCharts
Barron's data, TPI

Barron’s data, TPI

TFC's press release

TFC’s press release

TradingEconomics

TradingEconomics

Chart
Data by YCharts
YCharts, author's notes

YCharts, author’s notes

TrendSpider Software, TFC, author's notes

TrendSpider Software, TFC, author’s notes

Bloomberg data, shared by @Schuldensuehner on Twitter

Bloomberg data, shared by @Schuldensuehner on Twitter

Source: seekingalpha.com

High Yield, Low Risk Road Sign

JamesBrey

Thesis

Based on my understanding, it seems that most risks related to the US banking sector are already reflected in the price of Truist Financial Corporation (NYSE:TFC) (TFC.PI) shares – both common and preferred ones. I

Truist's Q1 FY23 data

Truist’s Q1 FY23 data

Truist's IR materials

Truist’s IR materials

YCharts, Credit Suisse data

YCharts, Credit Suisse data [author’s notes]

Credit Suisse, [May 19, 2023, proprietary source], author's notes

Credit Suisse, [May 19, 2023, proprietary source], author’s notes

Morgan Stanley's report, author's note [May 01, 2023 - proprietary source]

Morgan Stanley’s report, author’s note [May 01, 2023 – proprietary source]

Chart
Data by YCharts
Barron's data, TPI

Barron’s data, TPI

TFC's press release

TFC’s press release

TradingEconomics

TradingEconomics

Chart
Data by YCharts
YCharts, author's notes

YCharts, author’s notes

TrendSpider Software, TFC, author's notes

TrendSpider Software, TFC, author’s notes

Bloomberg data, shared by @Schuldensuehner on Twitter

Bloomberg data, shared by @Schuldensuehner on Twitter

Source: seekingalpha.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai

Leave a Comment