Craft

Truist

Stock Price

$28.8

2023-08-25

Market Capitalization

$38.4 B

2023-08-25

Revenue

$8.7 B

FY, 2022

Truist Summary

Company Summary

Overview
Truist is a company providing banking and trust services. It operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The Consumer Banking and Wealth segment offers banking, borrowing, investing, insurance, consumer finance and payments, wealth management, mortgage, and other solutions. The Corporate and Commercial Banking segment specializes in strategic advisory, capital raising, risk management, financing, liquidity and investment, lending, deposits, cash management, etc. The Insurance Holdings segment provides property and casualty, employee benefits, life insurance, and other solutions. Truist was formed as a result of a merger between BB&T and SunTrust.
Type
Public
Status
Active
Founded
2019
HQ
Charlotte, NC, US | view all locations
Website
https://www.truist.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • William H. Rogers Jr.

    William H. Rogers Jr., Chairman and Chief Executive Officer

  • Denise M. DeMaio

    Denise M. DeMaio, Chief Audit Officer

  • Ellen M. Fitzsimmons

    Ellen M. Fitzsimmons, Chief Legal Officer and Head of Public Affairs

  • Scott Case

    Scott Case, Chief Information Officer

Operating MetricsView all

Total Deposits

$416.5B
9.3%

FY, 2021

Services Provided

38
11.8%

FY, 2019

Branches

3K
57.8%

FY, 2019

LocationsView all

2 locations detected

  • Charlotte, NC HQ

    United States

    214 N Tryon St

  • Wilson, NC

    United States

    P.O. Box 849

Truist Financials

Summary Financials

Revenue (Q2, 2023)
$2.3B
Net income (Q2, 2023)
$1.3B
Cash (Q2, 2023)
$4.8B
Enterprise value
$102.8B

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