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Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. [1][8][9] Its bank operates 2,781 branches in 15 states and Washington, D.C., offering consumer and commercial banking, securities brokerage, asset ...
William H. Rogers Jr. (born 1957/58) is an American businessman who is the chairman and chief executive officer of Truist Financial Corporation. He was previously chairman and chief executive officer of Atlanta-based SunTrust Banks. In December 2019, Charlotte-based Truist was created through a merger of equals between SunTrust and Winston ...
List of largest banks in the United States The following table lists the 100 largest bank holding companies in the United States ranked by total assets of March 31, 2024 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.
Truist provides financial services to about 12 million consumer households, as of 2020. BB&T and SunTrust, which were ranked the 11th and 12th largest banks by assets, respectively, as of Sept. 30 ...
3. Truist Financial Regional banks have largely struggled with higher interest rates. The crisis that sank Silicon Valley Bank and others in March 2023 cast a long shadow in the industry.
This is a partial list of major banking company mergers in the United States.
Truist Financial Corporation On February 7, 2019, BB&T Corporation reported that it would acquire SunTrust to create the sixth-largest US bank, with assets of $442 billion and market capitalization around $66 billion.
Kelly S. King (born September 12, 1948 in Raleigh, North Carolina) [1] is Executive Chairman of Truist Financial, formerly BB&T Corporation.
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