On 12 Nov 2026 our base value for Truist Financial is $32.71 a share, 34.4% below its $49.89 close; 0 of 2 valuation methods put it above the price.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | — | — | not used for banks and lenders: deposits and loans are the business, so free cash flow does not describe it; see tangible book |
| Exit multiple (P/E) | $16.76 | -66.4% | earnings per share $4.14 valued at 10× (the 10× floor; the stock's own median P/E is 9.6×) in 5 years, discounted back |
| Sum of the parts | — | — | no sum of the parts: this run holds no segment disclosure for the name |
| Price to sales | — | — | not reached: the cash-flow or earnings methods produced an anchor, so this fallback was not run |
| Tangible book | $48.66 | -2.5% | tangible book $38.17 a share at 1.275× |
| Price to FFO (REITs) | — | — | used only for REITs |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
Earnings per share grow on the same fading path as the DCF:
| Year | Growth | Earnings per share |
|---|---|---|
| Now | — | $4.14 |
| Year 1 | -15.80% | $3.49 |
| Year 2 | -11.10% | $3.10 |
| Year 3 | -7.58% | $2.87 |
| Year 4 | -4.93% | $2.72 |
| Year 5 | -2.95% | $2.64 |
| Earnings per share in year 5 | $2.64 |
| Exit P/E (the 10× floor; the stock's own median P/E is 9.6×) | 10× |
| Value in 5 years = earnings × P/E | $26.44 |
| Discounted at 9.54% over 5 years: ÷ 1.5771 | $16.76 |
| Shareholders' equity | $65.19bn |
| Less goodwill | $17.12bn |
| Less other intangibles | $1.26bn |
| Tangible equity | $46.81bn |
| Shares | 1.23bn |
| Tangible book per share | $38.17 |
| Profit attributable to shareholders | $5.31bn |
| Return on tangible equity = profit ÷ tangible equity | 11.34% |
| Cost of equity (the discount rate) | 9.54% |
| Growth (the terminal rate) | 3% |
| Justified price to tangible book = (11.34% − 3%) ÷ (9.54% − 3%) | 1.27× |
| Value per share = multiple × tangible book per share | $48.66 |
The base value is the average of the methods kept in it:
| Method | Value |
|---|---|
| Exit multiple (P/E) | $16.76 |
| Tangible book | $48.66 |
($16.76 + $48.66) ÷ 2 = $32.71
Base value $32.71 a share
One-year price simulation: a 10% chance the price is below $40.23 and a 10% chance it is above $71.04 in a year; a 63% chance it is higher than today's $49.89, from 22.07% volatility. The simulation assumes the price drifts up at our discount rate of 9.54% a year.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $46.45 | $42.20 |
| 9 Oct 2026 | $46.11 | $41.47 |
| 16 Oct 2026 | $47.07 | $36.29 |
| 23 Oct 2026 | $48.44 | $33.17 |
| 30 Oct 2026 | $48.79 | $33.61 |
| 6 Nov 2026 | $49.38 | $33.83 |
| 12 Nov 2026 | $49.89 | $32.71 |
Data as of 12 Nov 2026; financials to 30 Sep 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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