TFC - Truist Financial Corp

Company Overview

Name

Truist Financial Corp

Tickers

TFC, TFC-PI, TFC-PO, TFC-PR

Exchanges

NYSE

Employees

50832

Founded

1872

Sector Information

Other Information

CIK

92230

Category

Large accelerated filer

1-Line Summary

Truist Financial Corporation is a leading U.S. financial services company offering a wide array of banking, investment, and insurance solutions.

Company summary

Truist Financial Corporation is a leading financial services provider in the United States, focusing on delivering a comprehensive range of products and services to both consumer and commercial clients. Headquartered in Charlotte, North Carolina, the company operates through its primary subsidiary, Truist Bank, which has a significant presence with 2,001 branches across various states. Its extensive offerings include consumer and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, and specialized lending solutions.

The company's business model encompasses a client-first approach, aiming to meet the financial needs of diverse customer segments while fostering community growth. Truist positions itself strategically in high-growth markets across the Southeast and Mid-Atlantic regions, leveraging technology advancements to enhance client experiences through digital banking services. The focus on organic growth, alongside the potential for targeted mergers and acquisitions, signifies Truist's commitment to expanding its market presence and optimizing operational efficiency in the evolving financial landscape.

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