Truist Ebit Per Revenue from 2010 to 2024
| TFC-PR Preferred Stock | USD 20.49 0.26 1.29% |
Check Truist Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Truist Financial's main balance sheet or income statement drivers, such as , as well as many indicators such as . Truist financial statements analysis is a perfect complement when working with Truist Financial Valuation or Volatility modules.
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About Truist Financial Financial Statements
Truist Financial shareholders use historical fundamental indicators, such as Ebit Per Revenue, to determine how well the company is positioned to perform in the future. Although Truist Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Truist Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Truist Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina. Truist Financial operates under BanksRegional classification in the United States and is traded on NYQ Exchange. It employs 52648 people.
Pair Trading with Truist Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Truist Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Truist Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Truist Preferred Stock
| 0.79 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.77 | VBNK | VersaBank Earnings Call Today | PairCorr |
| 0.76 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.75 | TECTP | Tectonic Financial | PairCorr |
| 0.73 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Truist Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Truist Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Truist Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Truist Financial to buy it.
The correlation of Truist Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Truist Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Truist Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Truist Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Truist Preferred Stock Analysis
When running Truist Financial's price analysis, check to measure Truist Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.