Truist Financial Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Michael Lyons
- Full Time Employees
- 37,849
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 214 North Tryon Street Charlotte NC United States of America 28202
- IPO Date
- Mar 18, 1980
- CIK
- 0000092230
- Website
- truist.com
- Similar Companies
- Business
- Truist Financial Corporation (NYSE: TFC) operates as a top-10 U.S. commercial bank holding company, delivering a broad spectrum of financial services including retail and small business banking; commercial banking; corporate and investment banking; capital markets; real estate finance; asset-based lending; equipment finance; working capital solutions; mortgage origination and servicing; payments processing; asset management; wealth management encompassing financial planning, trust, investment advisory, brokerage, and estate planning services; and insurance brokerage products through specialized subsidiaries. Headquartered in Charlotte, North Carolina, the company traces its origins to 1872 through predecessor BB&T Corporation and formally emerged in December 2019 from the merger of BB&T and SunTrust Banks; it maintains approximately 1,900 branches across 15 states and Washington, D.C., primarily in the Southeastern and Mid-Atlantic U.S., with additional commercial operations extending into high-growth markets nationwide and select international wealth structuring capabilities. Truist serves consumer, small business, commercial real estate, middle-market corporate, institutional, and high-net-worth clients through integrated platforms emphasizing digital banking, AI-driven insights, fraud prevention, and personalized advisory services. In recent developments, Truist completed the divestiture of its remaining stake in Truist Insurance Holdings, the fifth-largest U.S. insurance brokerage, to Stone Point Capital, Clayton, Dubilier & Rice, and co-investors for $15.5 billion in February 2024, enabling balance sheet optimization and reinvestment into core banking operations. The company launched a major five-year growth strategy in August 2025, committing to open 100 new insights-driven branches and renovate over 300 existing ones in high-opportunity markets such as Atlanta, Austin, Charlotte, Dallas, Miami, Orlando, Philadelphia, and Washington, D.C., alongside enhancements to digital capabilities, Premier advisory services for mass affluent clients, and commercial banking expansions in Ohio and Western Pennsylvania. These initiatives build on Truist's strong capital position to deepen client relationships and capture market share in dynamic regions.
Company News
CEO Increases Holdings, Buys 21,000 Shares of Financial Stock Valued at $1.0 Million
Truist announces third quarter 2026 earnings call details
Truist announces redemption of subordinated notes due October 2026
Corient Private Wealth LP Has $9.51 Million Stake in Truist Financial Corporation $TFC
Truist Financial Corp (TFC) Shares Fall 4.0% -- What GF Score of 60 Tells Investors
Will Truist's Prime Auto Lending Exit Strengthen Its Profitability?
Target, Truist Financial And More On CNBC's ‘Final Trades'
Truist Financial Sells $5.5B Auto Loan Portfolio, Reaffirms Outlook
Truist Financial Corporation (TFC) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
Truist Financial to sell $5.5 billion of auto loans amid overhaul
Truist Sells $5.5 Billion Auto Loan Portfolio to Pursue Higher Profits
Truist to Sell $5.5 Billion of Loans as It Exits Near-Prime Auto Lending
Bank of America vs. Truist: Which Bank Stock Has More Upside in 2026?
Truist Financial Gains 15% in 6 Months: How to Play the Stock Now?
3 Super-Regional Banks Still Crushing Dividend Payouts Even After the Rate Whiplash
Truist advances AI to create more meaningful client interactions
Allen Mooney & Barnes Investment Advisors LLC Sells 10,081 Shares of Truist Financial Corporation $TFC
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TFC Still Trails Its 2019 Merger Targets: Can the New CEO Change That?
Tory Sherman joins Truist Wealth as Wealth Brokerage national director