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Truist Financial
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Truist Financial

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Also known as BB&T Corporation, BBT, Branch Banking and Trust Company

Truist Financial Corporation () is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust. Its bank operates 1,928 branches in 15 states and Washington, D.C., offering consumer, commercial, and investment banking, securities brokerage, asset management, mortgage, and insurance products and services. It is the tenth-largest bank in the United States, with $523 billion in assets.

Key facts

Company.logo
250px
Company.image
Truist Center Sign.jpg
Company.name
Truist Financial Corporation
Company.image_caption
Truist Center, the headquarters of Truist Financial in Charlotte, North Carolina
Company.type
Public
Company.industry
Financial services
Company.hq_location
Truist Center
Company.hq_location_country
U.S.
Company.foundation
(as Truist)
Company.locations
1,928 branches (2024)
Company.area_served
North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida, Alabama, Indiana, Texas, New Jersey, Ohio, Pennsylvania, Washington, D.C.
Company.revenue
(2024)
Company.net_income
US$4.84 billion (2024)
Company.assets
US$531.2 billion (2024)
Company.equity
US$63.68 billion (2024)
Company.num_employees
38,335 (2024)

via Wikipedia infobox

Official website

Truist Bank | Checking, Savings, Lending, and Financial Services

Your journey to better banking starts with Truist. Checking and savings accounts, credit cards, mortgages, small business, commercial banking, and more.

truist.com

We seek innovative partners who are as dedicated as we are to bringing better financial experiences to our clients and communities. Our diverse investment team is here to champion your success by moving quickly to close—and delivering the guidance and access you need to grow your business. We’re financially and operationally invested in your mission. We match your pace of innovation. Our capabilities evolve with your needs to provide custom support at every stage—whether that’s leading rounds or making new connections. Our partners have the confidence that comes with knowing they have the strength and stability of one of America’s largest banks at their backs—with access to resources both within Truist and in our extensive professional networks. We identify, invest in, and look for acquisition opportunities with businesses that help us innovate, grow, and support our strategic direction. In turn, we provide your company with the resources and capabilities you need to expand its market, reach, and capital. Now that’s a win-win. We’re shaping the future of finance, building better communities, and enhancing our client experience. See how we do it—from the opportunities we pursue to the investment themes we explore. We’re looking for people with big dreams and new ways of thinking to take us to innovative places in banking. Join us, and define your career for better. The Truist Ventures team has more than 50 years of venture investing experience. Our diverse team is well poised to supercharge your growth. Our team is building a portfolio as diverse as the clients and communities we serve. We’re redefining financial services and championing the growth of our partners. Looking to stay in the know about fintech and related industries? We’ve got you covered with insights, perspectives, and announcements.

Read more on their site →

Excerpt from the official site · 14,581 chars · not written by Vinony

Wikidata facts

Instance of
public company
Part of
S&P 500
Headquarters
Charlotte
Employees
30000
Official website
www.truist.com
Show 3 more facts
inception
1872-01-01
Commons category
BB&T
social media followers
13730
Sources (6)

via Wikidata · CC0

~31 min read

Encyclopedic overview

16 sections
Contents
  • History
  • History of BB&T
  • History of Southern National Bank
  • Merger with Southern National Bank
  • Acquisitions
  • Insurance services
  • History of SunTrust
  • SunTrust merger
  • Trademark Infringement Lawsuit
  • Slavery connections
  • Post-merger deals
  • Buildings and branches
  • Naming rights
  • See also
  • References
  • External links

Truist Financial Corporation () is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust. Its bank operates 1,928 branches in 15 states and Washington, D.C., offering consumer, commercial, and investment banking, securities brokerage, asset management, mortgage, and insurance products and services. It is the tenth-largest bank in the United States, with $523 billion in assets.

==History== ===History of BB&T===

Excerpted from Wikipedia’s “Truist Financial” article, available under the CC BY-SA 4.0 licence.

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