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Truist Financial Corp(TFC-N)
NYSE

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Open:34.97
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GlobeNewswire
Guardian Capital Group Limited to Acquire Sterling Capital Management LLC
Newswire.ca
Truist reports fourth quarter 2023 results
PR Newswire
Truist reports third quarter 2023 results
PR Newswire
Truist receives $65 million New Markets Tax Credit allocation to support communities across the U.S.

Profile

Truist Financial is the sixth largest commercial bank in the United States. The company conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries, serving consumers and commercial clients. It has the following operating segments: Consumer Banking and Wealth comprises Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services. Corporate & Commercial Banking comprises Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group. Insurance Holdings provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Others, Treasury & Corporate includes Truist Financial's investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets.