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Stock impact report

Truist Financial: The 6.3% Yielding Preferred Shares Could Be An Option [Seeking Alpha]

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Seeking Alpha
The bank's financial performance shows a strong increase in interest income but also a sharp increase in interest expenses. Truist's exposure to commercial real estate is relatively low, and its loan loss provisions are providing additional coverage. Looking for a helping hand in the market? Members of European Small-Cap Ideas get exclusive ideas and guidance to navigate any climate. Learn More » Introduction Truist Financial ( NYSE: TFC ) is a hot topic here on Seeking Alpha; while most authors seem to have a 'hold' rating, there are some 'buys' and 'strong sells' out there as well. And all authors make good and interesting points (reinforcing the power of the Seeking Alpha ecosystem), but in this article, I wanted to highlight an overlooked way to invest in Truist from an income perspective: the preferred shares. Before looking at the preferred shares, we must understand Truist's financial performance and strength Of course, before being able to determine whether or not Show less Read more
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