Truist Financial is a bank holding company. Through its subsidiaries, Truist Bank, Co. provides a range of banking and trust services. Co. operates and measures business activity across three segments: Consumer Banking and Wealth, which made up of retail and small business banking, consumer finance solutions and wealth; Corporate and Commercial Banking, which is made up of corporate and investment banking, commercial community banking, commercial real estate and wholesale payments; and Insurance Holdings, which is an insurance agency/brokerage networks, providing property and casualty, employee benefits and life insurance to businesses and individuals. We show 16 historical shares outstanding datapoints in our TFC shares outstanding history coverage, used to compute TFC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TFC market cap history over the course of time is important for investors
interested in comparing TFC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TFC versus a peer is one thing; comparing
TFC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TFC can fluctuate over the course of history.
With this page we aim to empower investors researching TFC by allowing them to research the TFC market cap history. |
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Video: The Importance of Market Cap
