Truist Financial (NYSE:TFC) is a diversified financial services company formed in December 2019 through the merger of BB&T Corporation and SunTrust Banks, Inc. Headquartered in Charlotte, North Carolina, Truist provides a broad array of banking and financial products to individual, small business and commercial clients across the United States.
The company offers consumer and commercial deposit and loan products, including checking and savings accounts, home and auto mortgages, personal and small-business loans. Truist’s commercial banking services include real estate finance, equipment leasing, treasury and payment solutions, corporate and investment banking, and capital markets. In addition, the company provides wealth management, asset management, retirement and trust services, as well as property and casualty and life insurance through its insurance division.
Truist’s branch network and ATM footprint are concentrated in the southeastern and mid-Atlantic regions of the U.S., with significant presence in states such as North Carolina, Georgia, Florida and Virginia. Clients also access Truist’s services via online and mobile platforms, enabling digital account management, remote deposit capture and virtual advisory services. The company supports national and international commercial clients with cross-border financing, trade services and global treasury solutions.
Leadership is headed by Chairman and Chief Executive Officer William H. Rogers Jr., who previously served as president and CEO of BB&T. Under his guidance, Truist has focused on integrating legacy operations, advancing its technology infrastructure and fostering a client-driven culture. The executive team and board of directors draw on the combined heritage of both predecessor banks to pursue strategic growth, community investment and digital innovation.
