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Based in Charlotte, North Carolina, Truist Financial Corporation (TFC) is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States.

In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.

As mentioned, BB&T Corporation changed its name to Truist Financial Corporation in December 2019.

Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.

Three key data points gauge Truist Financial Corporation or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

TFC Price

Over the past year, Truist’s share price fell about 43.4% from $51.42 to $29.11 as of Wednesday’smarket close.

If TFC’s stock trades in the range of $24.00 to $54.00 this next year, its recent $29.11 share price might rise to $35.00 by next year. Of course, TFC’s price could drop about the same $5.89 amount, or more.

My upside estimate of $5.89, however, is $2.19 under the median of target estimates from 24 analysts who track the stock for brokers.

TFC Dividend

Truist’s quarterly dividends have been paid since July, 1985. Truist’s most recent Q dividend, payable September 1st to shareholders of record August 10th is $0.53.So, TFC’sannual dividend payout is projected to be $2.08 and yield 7.25% per Wednesday’s closing price.

TFC Returns

Adding the $2.08 anticipated annual dividend to Truist’s estimated $5.89 price upside, reveals a $7.97 potential gross gain per share for the coming year.

At Wednesday’s $29.11 closing price, a little under $1000 would buy 34 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.29 per share.

Subtracting that maybe $0.29 brokerage cost from my estimated $7.97 gross gain per share makes a net gain amounting to $7.68 X 34 shares = $262.12 for about a 26.25% net gain.

This may be the time to pounce on Truist Financial Corp shares. But beware, TFC is a Regional bank. Furthermore, the estimated $71.50 dividend from $1000 invested comes in at just under 2.5 times more than the recent single share price. The choice is yours.

Remember the true value of any stock is best realized by your personal ownership of shares.

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