Truist Financial Corporation logo TFC - Truist Financial Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 32
HOLD 20
SELL 2
STRONG
SELL 0
| PRICE TARGET: $57.56 DETAILS
HIGH: $69.00
LOW: $45.00
MEDIAN: $58.00
CONSENSUS: $57.56
UPSIDE: 18.97%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Fair Value Moderate
Trading 16.1% below fair value
Current Price $48.38
Bear Case $40.35 16.6% downside ($40.35 - $48.38) / $48.38 = -16.6% ROTCE 8.5% → 0.85x TBV
Fair Value $57.64 19.1% upside ($57.64 - $48.38) / $48.38 = 19.1% ROTCE 11.3% → 1.39x TBV
Bull Case $74.94 54.9% upside ($74.94 - $48.38) / $48.38 = 54.9% ROTCE 13.0% → 1.71x TBV

Adjust Assumptions

11.3%
9.3%

Key Value Driver

ROTCE (11.3%) vs. cost of equity (9.3%)

Implied Market Multiple 1.29x

Plain-Language Summary

Our base-case estimate uses P/Tangible Book × ROE Quality. We then blend that result with the average analyst price target of $57.56 from 54 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $57.64 per share.

Warnings

⚠ Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.
⚠ Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.
ℹ Dividend-based valuation: $27.56 (52% below our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.

Key Risks

  • Book value quality matters as much as level — check loan loss reserves
  • Interest rate sensitivity creates non-linear earnings surprises
  • Insurance reserving is actuarial, not financial — errors emerge slowly