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Truist Securities [5] Truist Insurance Holdings [6] Website. truist .com. 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.
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. [2] The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs ...
BB&T Corporation. BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta -based SunTrust Banks to form Truist Financial, which retains BB&T's ...
2. Great share-price performance over the past year. Since June 12 of 2012, SunTrust has returned 49.24% to its shareholders. It's true, investor darling Bank of America has returned 83.79% over ...
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The merged bank did business as CCB in North Carolina, and as National Bank of Commerce in the remainder of its footprint. As a result of the First Union-Wachovia merger, 25 branches of the former First Union and Wachovia banks became CCB locations on February 15, 2002. CCB would remain number three behind BB&T and Wachovia. National Commerce ...
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What follows, in turn, is a look at the principal owners of SunTrust Banks' outstanding common stock. A broad overview As you can see in the following chart, the majority of SunTrust's 532 million ...