U.S. MarketsSeptember 15 at 10:36 AM

Truist Financial (TFC) notes that management said the business was "kind of break even" in H1, despite really good credit quality

StockNow breaking-news AI analysis

Truist noted H1 business was break-even despite strong credit quality, while agreeing to sell 5.5 billion dollars in near-prime auto loans to reduce problem loans and wholesale borrowings.

1 stocks

TFCTruist Financial Corporation$50.51Current price

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Truist Financial (TFC) notes that management said the business was "kind of break even" in H1, despite really good credit quality

What do investors think?

Today's market highlights

US ADP Employment Change Weekly 16.25K (Prev. 12K)

Libya's NOC says production and operations have been suspended in 3 oil fields after a valve was closed on the Al-Hamada-Zawiya pipeline, may need to declare force majeure if its remains closed

Saudi Arabia is reportedly informing some European oil refiners that their Sep' loading of crude cargoes are cancelled, according to sources

Truist Financial (TFC) notes that management said the business was "kind of break even" in H1, despite really good credit quality

Related stocks

What do investors think?

Today's market highlights

US ADP Employment Change Weekly 16.25K (Prev. 12K)

Libya's NOC says production and operations have been suspended in 3 oil fields after a valve was closed on the Al-Hamada-Zawiya pipeline, may need to declare force majeure if its remains closed

Saudi Arabia is reportedly informing some European oil refiners that their Sep' loading of crude cargoes are cancelled, according to sources