TRUIST FINANCIAL CORP News
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; credit card lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, small business and student lending, floor plan, commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment advisory services. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
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5d
Analysts Lower Price Targets on Truist Financial (TFC) Ahead of Q3 Earnings
- Multiple banks including BofA, UBS and Autonomous Research trimmed their Truist (TFC) price targets this week, signaling analyst caution ahead of Q3 results.
12d
Truist CEO Purchases $1 Million in Stock Amid Stable Customer‑Facing Developments
Truist (TFC) CEO Michael P. Lyons bought over $1 million worth of shares last week, headlining leadership‑level engagement amid steady bank operations.
19d
Truist CEO Buys $1 Million in Stock as Bank Exits Near‑Prime Auto Lending
Truist Financial’s CEO bought approximately $1 million of company stock on Sept 18 as the bank announced a strategic exit from near‑prime auto lending.
26d
Truist Exits Near‑Prime Auto Lending with $5.5B Loan Sale, Aims to Streamline Strategy
Truist (TFC) announces a $5.5 billion sale of near‑prime auto loans to exit the segment, aiming to sharpen strategic focus and bolster its balance sheet.
13 Sep at 00:07
No Significant Truist (TFC) Developments in the Past Week, Stock Holds at $50.40
Truist (TFC) saw no major company or regulatory developments this past week; the stock remains at $50.40, reflecting market stability.