Truist Financial Corp - Company Profile

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Truist Financial Corp: Overview

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Truist Financial Corp (Truist Financial) is a financial services company engaged in providing a wide range of banking and financial solutions. The company's main activities include consumer and small business banking, commercial and corporate banking, investment banking, and capital markets services. The bank offers products such as loans, lease financing, deposits, merchant services, and wealth management. It serves individuals, businesses, and municipalities with applications across various sectors. Truist operates through a network of branches and has a significant presence in various states, including Florida, Georgia, Virginia, North Carolina, Maryland, Tennessee, Pennsylvania, South Carolina, Texas, West Virginia, Kentucky, Washington, D.C., Alabama, and New Jersey, in the US. Truist Financial is headquartered in Charlotte, North Carolina, the US.

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Headquarters United States of America
Address 214 North Tryon Street, Charlotte, North Carolina, 28202
Website www.truist.com
Telephone 1 844 4878478
No of Employees 37,086
Industry Financial Services
Ticker Symbol & Exchange TFC (NYSE)
Revenue (2024) $30.4B 25.5% (2024 vs 2023)
EPS XYZ
Net Income (2024) XYZ 10.1% (2024 vs 2023)
Market Cap* $61.5B
Net Profit Margin (2024) XYZ -12.2% (2024 vs 2023)
* As of and is in US$
View Truist Financial Corp financials
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Truist Financial Corp premium industry data and analytics

5

Insurance Market Data Insights

Insight into market share and brand performance.

4

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Truist Financial Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Truist Financial Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Accounts and Deposits: Retirement and Investment: Truist Financial
Checking Accounts Retirement Planning
Business Checking Account Investment Options
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Contracts/Agreements In May, the company awarded a US$500 million contract to Infosys to build and operate a global capability center in Hyderabad, Telangana, India.
2026 Contracts/Agreements In March, the company entered into an agreement with Plaid Inc. to expand secure open banking access for Truist clients.
2026 New Products/Services In February, the company introduced an integrated receivables platform.
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Competitor Comparison

Key Parameters Truist Financial Corp Citigroup Inc The Goldman Sachs Group Inc Capital One Financial Corp U.S. Bancorp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Charlotte New York New York Mclean Minneapolis
State/Province North Carolina New York New York Virginia Minnesota
No. of Employees 37,086 219,000 46,200 78,400 68,520
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
William H Rogers Jr. Chairman Executive Board 2022 68
Michael P. Lyons Chief Executive Officer; President Senior Management 2026 -
Michael B. Maguire Senior Executive Vice President; Chief Financial Officer Senior Management 2022 47
Steve Hagerman Chief Information Officer Senior Management 2024 -
Scott A. Stengel Corporate Secretary; Senior Executive Vice President; Head - Government Affairs; Chief Legal Officer Senior Management 2023 54
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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