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Tfc stock price the beta of "TFC stock price" is 1

Model: NS-40F401NA26
SKU: 6614066
$238.00
Comp. Value: $560.000
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The beta of "TFC stock price" is 1.12, showing slightly higher volatility than the overall market, which appeals to active traders seeking tactical opportunities in financial stocks. “Looking into the fourth quarter of 2024, we expect revenue to decrease 1.5% from the third quarter of 2024 adjusted revenue of $5.1 billion. We expect net interest income to decrease 1.5% in the fourth quarter, primarily driven by lower commercial loan balances and some pressure to our net interest margin due to the temporary lag in our deposit beta. Our net interest income outlook assumes two 25 basis point reductions in the federal funds rate over the remainder of 2024, one cut in November and another cut in December. We expect non-interest income to decline by 2%, driven primarily by lower investment banking and trading revenue as the third quarter performance was helped by some pull-forward of capital markets activity from the fourth into the third quarter.” Our video reports and analysis, with early access to exclusive, subscriber-only videos The 14-day RSI for "TFC stock price" sits at 58, suggesting room for further upside before overbought territory is reached. Banking sector stability adds a fundamental anchor to technical optimism.