Truist Financial Corporation

Truist Financial Corporationverified

TFC-PR

Price:

$19.28

Market Cap:

$58.40B

Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers comp...[Read more]

Industry

Banks - Regional

IPO Date

2020-07-31

Stock Exchange

NYSE

Ticker

TFC-PR

The Current Ratio as of December 2024 (TTM) for Truist Financial Corporation (TFC-PR) is 0.51

According to Truist Financial Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.51. This represents a change of 18.91% compared to the average of 0.43 of the last 4 quarters.

Truist Financial Corporation (TFC-PR) Historical Current Ratio (quarterly & annually)

How has TFC-PR Current Ratio performed in the past?

The mean historical Current Ratio of Truist Financial Corporation over the last ten years is 15.03. The current 0.51 Current Ratio has changed 238.55% with respect to the historical average. Over the past ten years (40 quarters), TFC-PR's Current Ratio was at its highest in in the September 2021 quarter at 128.19. The Current Ratio was at its lowest in in the December 2023 quarter at 0.37.

Quarterly (TTM)
Annual

Average

15.03

Median

15.76

Minimum

0.23

Maximum

34.72

Truist Financial Corporation (TFC-PR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Truist Financial Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 333.68%

Maximum Annual Current Ratio = 34.72

Minimum Annual Increase = -97.37%

Minimum Annual Current Ratio = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.23-74.70%
20220.91-97.37%
202134.7246.00%
202023.78333.68%
20195.48-65.01%
201815.676.63%
201714.70-35.12%
201622.6642.92%
201515.85-2.78%
201416.3115.11%

Truist Financial Corporation (TFC-PR) Average Current Ratio

How has TFC-PR Current Ratio performed in the past?

The current Current Ratio of Truist Financial Corporation (TFC-PR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

11.96

5-year avg

13.03

10-year avg

15.03

Truist Financial Corporation (TFC-PR) Current Ratio vs. Peers

How is TFC-PR’s Current Ratio compared to its peers?

Truist Financial Corporation’s Current Ratio is less than Truist Financial Corporation (0.51), less than Truist Financial Corporation (0.51), less than U.S. Bancorp (0.67), less than MetLife, Inc. (401.97), less than U.S. Bancorp (0.67),

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