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M&T Bank Corp Has $9.01 Million Position in Truist Financial Corporation $TFC
M&T Bank Corp increased its stake in Truist Financial Corporation by 14.3% during the fourth quarter, bringing its total holdings to 183,038 shares valued at $9.01 million. Truist Financial reported strong first-quarter earnings, beating analyst expectations, and declared a quarterly dividend of $0.52 per share, representing a 4.2% yield. Analysts maintain a “Moderate Buy” consensus for TFC with an average price target of $55.59.