Truist Financial Corp
TFC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.k | LOCK|%#M | LOCK|#Wm?lq |
Truist Earnings: Strong Fee Income Performance; Low Exposure to First Brands Bankruptcy
Truist reported OK results in the third quarter, with fee income growing 5% annually. Reported earnings per share came in at $1.04, up 5% compared with the prior-year quarter. The results translate into a return on a tangible common equity ratio of 13.6%.
