Truist Financial Corporation
TFC-PR
New York Stock Exchange18.30
USD
-0.07
- -
CIK
0000092230
ISIN
US89832Q6952
CUSIP
89832Q695
Return %
Stock
S&P500
1Y
-1.82
26.53
3Y
-10.56
76.60
5Y
-31.46
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- William Henry Rogers Jr.
- Full Time Employees
- 37,529
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 214 North Tryon Street Charlotte NC United States of America 28202
- IPO Date
- Jul 31, 2020
- CIK
- 0000092230
- Website
- truist.com
- Similar Companies
- Business
- Truist Financial Corporation operates as a prominent financial holding company, delivering an extensive array of banking and trust solutions throughout the Southeastern and Mid-Atlantic regions of the United States. The institution orchestrates its operations across various primary divisions: Consumer Banking and Wealth, Corporate and Commercial Banking, and specialized Lending and Payments. For individual clients, Truist offers diverse deposit products, including checking accounts, interest-bearing savings, and money market options, alongside certificates of deposit and retirement savings vehicles. Lending services encompass personal, auto, credit card, and student loans, in addition to home equity lines and mortgage financing. The company also provides robust asset management, investment brokerage, and wealth management services to help clients achieve their financial objectives. Digital banking, featuring mobile and online platforms, enables convenient access to these services. Serving businesses, municipalities, and corporate clients, Truist extends commercial lending, capital markets advisory, and institutional trust services. Offerings include commercial finance, international banking, equipment leasing, and merchant services, complemented by comprehensive treasury and commercial deposit solutions. Further specialized areas cover government finance, middle market and small business lending, commercial real estate and mortgage warehouse financing, private equity investments, and supply chain management. Investment banking, securities underwriting, and strategic advisory services round out its corporate capabilities. As a leading U.S. commercial bank, Truist manages substantial assets and maintains a significant physical presence with approximately 1,900 branches across 15 states and Washington, D.C., supported by over 2,800 ATMs. Formed in December 2019 through the merger of BB&T Corporation and SunTrust Banks, the company traces its roots back to 1872. Truist continues to evolve its strategy, including a recent shift in its insurance segment to focus more acutely on its core banking franchise while emphasizing digital innovation and physical footprint expansion in high-growth markets. The institution is headquartered in Charlotte, North Carolina.