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Why Truist Financial Stock Is Not A Buy Ahead Of Q2 Earnings
TFCTruist(TFC) Seeking Alpha·2024-07-19 21:22

Introduction As I've explained in detail in my previous coverage of Truist here on Seeking Alpha, I felt very comfortable looking past these losses. This is partially in light of the Federal Reserve's Bank Term Funding Program, which was announced quickly after the onset of the 2023 banking crisis to provide emergency liquidity and restore confidence in the banking system. Looking back, Truist shares have gained 42% since my first article titled "Disaster Or Opportunity: It's All About Truist." However, thi ...