Truist Financial Corp logo

Truist Financial Corp TFC

Market Closed
4 Oct, 20:00
NYSE NYSE
$
42. 39
+0.9
+2.17%
Pre Market
$
42. 39
0 0%
55.75B Market Cap
- P/E Ratio
2.08% Div Yield
5,650,800 Volume
3.43 Eps
$ 41.49
Previous Close
Day Range
41.99 42.61
Year Range
26.57 45.31
Earning results expected in 10 days

TFC Chart

Truist Financial Corp Profile

Banks—Regional Industry
Financial Services Sector
Mr. William Henry Rogers Jr. CEO
NYSE Exchange
US89832Q1094 ISIN
Germany Country
- Employees
9 Aug 2024 Last Dividend
- Last Split
26 Mar 1990 IPO Date

Overview

Truist Financial Corporation, formerly known as BB&T Corporation, stands as a prominent financial services provider, rooted in the Southeastern and Mid-Atlantic United States since its establishment in 1872. The corporation is headquartered in Charlotte, North Carolina, and operates through three diverse segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Truist is committed to offering a broad array of banking and trust services to cater to the dynamic needs of its clients. Through strategic segmentation, it delivers specialized services and products designed to support the financial wellbeing of individuals, businesses, and organizations across its operational territories.

Products and Services

Truist Financial Corporation offers a comprehensive suite of financial products and services aimed at addressing the varied needs of its clients, ranging from individuals to large corporations. These are detailed as follows:

  • Deposit Products: These include noninterest-bearing and interest-bearing checking accounts, savings, and money market deposit accounts, along with certificates of deposit and individual retirement accounts, catering to the basic saving and transaction needs of clients.
  • Funding and Asset Management: Solutions designed to support clients in managing their financial assets and securing necessary funding for personal or business purposes.
  • Consumer Lending Services: Including automobile lending, credit card lending, home equity and mortgage lending, other direct retail lending, and personal finance, offering various financing options for consumers.
  • Insurance and Investment Brokerage: Providing clients with insurance products and investment brokerage services to protect and grow their wealth.
  • Mobile/Online Banking and Payment Solutions: Offering technologically advanced solutions for managing finances and making payments conveniently through digital platforms.
  • Small Business Lending and Services: Tailored financial products and services including lending, deposit products, and payment solutions to meet the specific needs of small businesses.
  • Wealth Management/Private Banking: Exclusive services designed for wealth management and private banking, offering personalized financial advice and solutions for high-net-worth individuals.
  • Corporate Services: Including asset-based lending, investment banking and capital markets, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, and more, aimed at supporting the complex financial operations of corporate clients.
  • Miscellaneous Services: Additionally, Truist provides unique services such as merchant services, commercial deposit and treasury services, floor plan financing, mortgage warehouse lending, real estate lending, supply chain financing, insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and advisory services, catering to a wide range of client needs.

Contact Information

Address: 214 North Tryon Street
Phone: 336 733 2000