Truist Financial Corp represents a strong commitment to integrity, transparency, and excellence in the financial industry. With a customer-centric approach, the company aims to provide innovative solutions and build meaningful relationships. They adhere to a philosophy of responsibility, supporting communities, and prioritizing the well-being of their employees. Truist Financial Corp promotes diversity and inclusion, fostering an inclusive workplace that reflects the diverse needs of their customers. By consolidating their resources and expertise, Truist Financial Corp aims to deliver long-term value to its shareholders while maintaining a strong focus on delivering exceptional financial services to individuals, businesses, and communities.

Truist Financial Corp, a prominent financial institution, primarily operates in the United States. With its headquarters in Charlotte, North Carolina, the company serves customers across various states, including Alabama, Florida, Georgia, Indiana, Maryland, North Carolina, Ohio, South Carolina, Tennessee, Texas, and Virginia. Truist Financial Corp offers a wide range of banking, lending, and investment services to individuals, small businesses, and corporate clients. As a leading player in the US market, Truist Financial Corp is committed to providing innovative financial solutions to meet the diverse needs of its customers.

Truist Financial Corp has achieved significant milestones throughout its history. Notably, the company was formed by the merger of BB&T Corporation and SunTrust Banks, Inc. in December 2019, creating the sixth-largest U.S. commercial bank. Truist Financial Corp has consistently showcased its commitment to serving clients and communities, focusing on sustainable growth and innovation. The company has a strong track record of delivering exceptional financial services, including banking, lending, wealth management, and insurance solutions. Truist Financial Corp's dedication to customer satisfaction, strong market presence, and strategic acquisitions has positioned it as a leading player in the financial industry.

Truist Financial Corp, formerly known as BB&T Corporation, is a leading financial services company. Established in 1872, Truist Financial has a rich heritage rooted in providing exceptional banking, investment, and insurance services to individuals and businesses across the United States. With its headquarters in Charlotte, North Carolina, the company has deep roots in the southeastern region and has grown to become one of the largest financial institutions in the country. Truist Financial is dedicated to delivering innovative and personalized solutions, leveraging its extensive industry experience and cutting-edge technology. It is committed to enhancing financial well-being and driving economic growth for its customers, shareholders, and the communities it serves.

The main competitors of Truist Financial Corp in the market include established financial institutions such as JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. These companies compete with Truist Financial Corp for market share in various financial services sectors, including banking, wealth management, and insurance. While Truist Financial Corp aims to differentiate itself through its customer-centric approach, innovative technologies, and extensive branch network, it faces stiff competition from these industry giants in serving the financial needs of individuals, businesses, and institutions.

Truist Financial Corp is primarily active in the financial services industry, providing a wide range of banking, insurance, and investment solutions. With a strong presence in the retail and commercial banking sectors, Truist offers individuals and businesses comprehensive financial products and services such as checking and savings accounts, loans, mortgages, insurance, wealth management, and investment advisory services. As a leading financial institution, Truist Financial Corp operates across various segments, including consumer banking, commercial banking, and wealth management, helping customers achieve their financial goals and secure their future.

The business model of Truist Financial Corp is focused on providing comprehensive financial services to individuals, businesses, and institutional clients. As one of the largest financial holding companies in the United States, Truist operates through various segments including Community Banking, Consumer Banking, Wealth, and Corporate & Commercial Banking. The company offers a wide range of products and services such as banking, lending, wealth management, insurance, and investment banking. Truist aims to deliver personalized solutions, innovative technologies, and exceptional customer experiences to help clients achieve their financial goals. With its extensive network and diverse capabilities, Truist Financial Corp strives to be a trusted partner in the financial industry.

The Truist Financial P/E ratio is 12.9.

The Truist Financial P/S ratio is 3.16.

The Quality Investing for Truist Financial is 5/10.

The expected Truist Financial revenue is 20.3 B USD.

The expected Truist Financial profit is 4.98 B USD.

Truist Financial Corp is a leading financial services company headquartered in Charlotte, North Carolina, USA. The company was formed in December 2019 through the merger of BB&T Corporation and SunTrust Banks. Truist offers a wide range of banking solutions to both individual and business customers, including deposits, loans, payment processing, wealth management services, and investments in fixed-income securities. Truist has a diversified business model that focuses on integrating the products and services of both predecessor banks. The company operates four business segments: Consumer Banking, Commercial Banking, Wealth Management, and Corporate Other. Under Consumer Banking, Truist offers personal accounts, loans, credit cards, and mortgages. The company also has mobile and online banking services for customers who want convenient and 24/7 access to their accounts. Key products include checking accounts for daily transactions, various savings accounts for different needs, and financing options for purchasing a home or a car. Truist also offers a wide selection of credit and debit cards, including special offers and rewards for users. Commercial Banking is responsible for providing financial solutions to businesses and institutions. This includes lending to businesses, real estate financing, cash management solutions, and treasury services. Lending solutions include working capital loans for daily business operations or investment loans for future investments. Real estate financing covers new acquisitions, renovations, or refinancing. Cash management is an important part of the business - in collaboration with TruSight, the company takes care of your liquidity management and currency fluctuation risk. The Wealth Management segment serves high-net-worth individuals and institutional clients who require specialized investment management. Truist offers customized solutions for affluent customers, including asset management, private banking services, and tax-optimized solutions for local and international contexts. Corporate Other is the fourth business segment of Truist, which includes various central services such as accounting, compliance, IT management, or human resources. These services support the work of the other segments and ensure smooth collaboration among employees. Another important aspect for Truist is online and mobile banking. The company invests heavily in modern and fast software for its customers to enable quick and easy transactions and transfers. Developing mobile apps and expanding online services for their customers is important to the company, as customers nowadays have expectations for fast and available banking solutions. In summary, Truist offers a wide range of financial services to individual and business customers, covering all important areas such as deposits, loans, payments, investments, and wealth management. With the integration of the two merged banks, the company provides flexible and customized solutions for customers, as well as professional advice tailored to the needs of each individual.

Truist Financial pays a dividend of 2 USD distributed over 4 payouts per year.

Truist Financial pays out a dividend 4 times a year.

The ISIN of Truist Financial is US89832Q1094.

The WKN of Truist Financial is A2PWMZ.

The ticker of Truist Financial is TFC.

Over the past 12 months, Truist Financial paid a dividend of 2.08 USD . This corresponds to a dividend yield of about 4.31 %. For the coming 12 months, Truist Financial is expected to pay a dividend of 2.19 USD.

The current dividend yield of Truist Financial is 4.31 %.

Truist Financial pays a quarterly dividend. This is distributed in the months of March, June, September, December.

Truist Financial paid dividends every year for the past 23 years.

For the upcoming 12 months, dividends amounting to 2.19 USD are expected. This corresponds to a dividend yield of 4.66 %.

Truist Financial is assigned to the 'Finance' sector.

To receive the latest dividend of Truist Financial from 12/2/2024 amounting to 0.52 USD, you needed to have the stock in your portfolio before the ex-date on 11/8/2024.

The last dividend was paid out on 12/2/2024.

In the year 2023, Truist Financial distributed 2 USD as dividends.

The dividends of Truist Financial are distributed in USD.