Jamie Cook and other professionals joining Truist Securities is anticipated to boost the firm's industrials sector expertise, especially with significant infrastructure investments, energy transition, modernization, and the growing impact of automation, AI, and machine learning on the sector's business models.
Citigroup's Keith Horowitz reiterated a buy rating on Truist, noting the sale's pricing was slightly higher than expected, leading to better capital accretion. Brad Ptasienski of West Monroe expects Truist Insurance Holdings to seek acquisitions for inorganic growth upon becoming independent.
Citigroup's Keith Horowitz reaffirms buy rating on Truist, stating the sale of Truist Insurance Holdings was anticipated. He notes the sale price was higher than expected, leading to better capital accretion. Truist's CEO believes the transaction will bolster their balance sheet and provide investment flexibility in their core banking franchise.
The sale of Truist's insurance holdings is seen as a move to strengthen its balance sheet ahead of potential economic downturn and higher capital requirements. The deal also indicates growing interest from private-equity firms in the insurance sector.
The company's decision to pay a dividend despite a loss last year, along with a negative earnings trend, raises concerns about dividend sustainability, making it less appealing to investors.
CEO Bill Rogers sees positive underlying results for Truist Financial despite reported loss. Citi analyst Keith Horowitz reiterates buy rating, noting stronger-than-expected net interest income and an 8 cents a share beat on preprovision net revenue.
Despite a reported loss, the bank's underlying results were positive, with stronger-than-expected net interest income and an increase in net interest margin. Citi analyst Keith Horowitz reiterated a buy rating on Truist, highlighting that the bank beat the analyst consensus estimate for preprovision net revenue by 8 cents a share.
As we approach next week, the earnings season is set to gradually pick up pace, with the remaining major banks scheduled to report their financial results. Additionally, investors will remain focused on analyzing the Consumer Price Index (CPI) and Producer Price Index (PPI) data in anticipation of the Federal Reserve's upcoming meeting on January 30-31. The market is closed for Martin Luther King Jr Day.$摩根士丹利(MS.US)$, ...
Truist Financial股票討論區
5年來營收在2020年暴增80.7%,之後三年變化不大,從商譽可以看出2019年進行了大額收購,應該是收購的結果。2023年受60.78億資本性資產減值影響虧損10.5億,應該是這次收購的後遺症,隔了4年才暴露出來,對於大額收購一定要保持警惕。近4年平均淨利40.4億,少數股東淨利可以忽略。2022年淨資產收益率10.2%,2023年爲-2.7%。
5年來資產負債率從85.9%提高到88.9%。 商譽及其他無形資產274.39億,佔592.53億淨資產的46.3%。普通股股本略有減少。
目前市盈率虧損,4年平均淨利對應市盈率爲12.1,市淨率0.93,股息率5.7%,近10年股息穩定增長,估值上吸引力不大。
The market is closed for Martin Luther King Jr Day. $摩根士丹利(MS.US)$, ...
暫無評論