10 Most Undervalued Financial Stocks to Buy According to Analysts

4. Truist Financial Corporation (NYSE:TFC) 

Price to Earnings Ratio as of June 12: 10.30

Stock Upside Potential: 10.80%

Truist Financial Corporation (NYSE:TFC) is one of the most undervalued financial stocks to buy according to analysts. On June 11, the financial institution announced the expansion of its commercial banking teams in Ohio and Western Pennsylvania.

The expansion is part of Truist Financial Corp’s push to generate new clients and deepen its regional relationships. The bank has already added a dozen commercial and middle market bankers in Cleveland, Columbus, and Pittsburg as part of the expansion drive.

Truist Financial Corporation (NYSE:TFC) is expanding its capacity in Pennsylvania and Ohio to help clients navigate today’s uncertain economic environment. It also plans to build on its momentum in the region by delivering localized coverage. Investments in high-quality talent underscore Truist Financial Corp’s bid to serve growing business communities. In Pittsburgh, the bank has tapped the talents of veteran commercial banker James Spagnolo and middle market banker Eric Hersom. Market banker Chris Abraham joined Truist in Cleveland, bringing over 20 years of experience.

Truist Financial Corporation (NYSE:TFC) is a purpose-driven financial services company offering a wide range of products and services through wholesale and consumer businesses. It provides various financial services, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending.