Welcome to our dedicated page for Truist Finl news (Ticker: TFC), a resource for investors and traders seeking the latest updates and insights on Truist Finl stock.
Truist Financial Corporation (NYSE: TFC), formed through the historic merger of BB&T and SunTrust, operates as a leading provider of banking and financial services across consumer, commercial, and institutional sectors. This news hub offers centralized access to official announcements and market-moving developments.
Investors and industry observers will find curated updates spanning quarterly earnings reports, strategic acquisitions, leadership changes, and regulatory filings. The collection serves as a vital resource for tracking operational milestones in retail banking, wealth management solutions, and corporate lending activities.
Our news feed prioritizes factual reporting on capital allocation strategies, digital banking innovations, and market expansion initiatives. Users can monitor TFC's progress in integrating traditional financial expertise with emerging technologies across its 11-state footprint.
Bookmark this page for direct access to primary source materials and analysis-free updates. Combine regular visits with SEC filings and investor relations materials for comprehensive due diligence.
Truist has announced a significant expansion of its middle market banking team in New Jersey with the appointment of Gino Di Saverio as team leader, along with three additional experienced bankers. Di Saverio brings over 15 years of banking experience and will focus on generating new client relationships and building high-performing teams.
The expansion includes the hiring of Michael Kourtis (17+ years experience), Scott Tricarico (20+ years experience), and Michael Vara. The team will serve middle market companies with revenues ranging from $20 million to $1 billion, offering strategic advice, corporate finance solutions, credit services, and cash management.
This strategic move aims to strengthen Truist's presence in the New Jersey market and enhance its ability to serve existing clients with comprehensive financial solutions.
Truist Financial (NYSE: TFC) has announced that CFO Mike Maguire will present at the RBC Capital Markets Global Financial Institutions Conference on March 5, 2025, at 10:00 a.m. ET. The presentation will be accessible via live audio webcast on Truist's investor relations website, with a replay available for 30 days.
Truist, headquartered in Charlotte, North Carolina, is a purpose-driven financial services company and leading U.S. commercial bank with total assets of $531 billion as of December 31, 2024. The company maintains strong market share in high-growth markets nationwide, offering comprehensive financial services including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses.
Truist Financial (NYSE: TFC) has announced that Chief Wholesale Banking Officer Kristin Lesher will present at the BofA Securities Financial Services Conference on February 12, 2025, at 11:20 a.m. ET. The presentation will be accessible via live audio webcast on the company's investor relations website, with a replay available for 30 days.
Truist, a purpose-driven financial services company headquartered in Charlotte, North Carolina, is a leading U.S. commercial bank with total assets of $531 billion as of December 31, 2024. The company maintains strong market share across high-growth markets nationwide, offering comprehensive financial services including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses.
Truist Financial (NYSE: TFC) has announced that CFO Mike Maguire will present at the UBS Financial Services Conference on February 11, 2025, at 1:00 p.m. ET. A live audio webcast will be available at ir.truist.com, with a replay accessible for 30 days following the event.
Truist, headquartered in Charlotte, North Carolina, is a purpose-driven financial services company and leading U.S. commercial bank with total assets of $531 billion as of December 31, 2024. The company maintains strong market share across high-growth markets nationwide, offering comprehensive services including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending.
Truist Financial (NYSE: TFC) has announced its quarterly dividend declarations. The Board of Directors declared a regular quarterly cash dividend of $0.52 per common share, payable on March 3, 2025, to shareholders of record as of February 14, 2025.
The company also declared dividends for multiple series of preferred stock, including Series I, J, N, O, Q, and R, with payment dates in March 2025. Notably, Series N and Q dividends are declared and paid semiannually.
Truist, headquartered in Charlotte, North Carolina, is a leading U.S. commercial bank with total assets of $531 billion as of December 31, 2024. The company maintains strong market share across high-growth markets, offering various financial services through its wholesale and consumer businesses.
Sheffield Financial, a division of Truist Bank (TFC), has announced a new nationwide retail financing partnership with Scarab, a manufacturer of high-performance jet-powered boats. The collaboration will provide Scarab customers with competitive financing options through authorized dealers across the United States.
The partnership leverages Sheffield's 32-year experience in consumer financing and integrates their advanced prequalification technology, allowing customers to check their eligibility without impacting their credit score. The agreement includes mobile-friendly online prequalification, simple online loan contracting, and competitive financing terms.
Sheffield's financing tools will be integrated across various marketing platforms, including dealer websites, social media, and emails, streamlining the boat purchasing process for both first-time and experienced buyers.
Truist Financial (NYSE: TFC) announced the release of its fourth quarter 2024 financial results. The company has scheduled a live earnings call for investors at 8 a.m. ET, accessible via webcast or dial-in. The complete earnings release, investor presentation with non-GAAP reconciliations, and detailed financial schedules are available on Truist's Investor Relations website. A replay of the call will remain accessible on the website for 30 days.
Truist Foundation has announced a partnership with the Center for Disaster Philanthropy to provide over $20 million in disaster recovery grants for Western North Carolina following Hurricane Helene's devastating impact in September 2024. The hurricane caused damage to over 250,000 homes across 39 counties, with economic impacts reaching $53 billion.
The initiative is part of Truist Cares for Western North Carolina, a three-year, $725 million commitment focusing on housing and small business recovery. The program includes new loan capital, impact capital from Truist Community Capital, and philanthropic giving. The Foundation will also provide grants to The Community Foundation of Western North Carolina's Emergency and Disaster Response Fund and the American Red Cross for long-term recovery programs.
Truist Financial (NYSE: TFC) has scheduled its fourth-quarter 2024 earnings release and conference call for Friday, January 17, 2025. The financial results will be released before market opens, followed by a conference call at 8 a.m. ET hosted by CEO Bill Rogers and CFO Mike Maguire. Truist, a leading U.S. commercial bank with $523 billion in total assets as of September 30, 2024, maintains significant market share across high-growth markets nationwide. The company provides comprehensive financial services through its wholesale and consumer businesses, including consumer banking, commercial banking, investment banking, wealth management, and specialized lending.
Truist Financial (NYSE: TFC) announced it received an 'Outstanding' rating from the Federal Deposit Insurance (FDIC) for its Community Reinvestment Act (CRA) examination from 2020-2022. This rating reflects Truist's efforts to meet the credit needs of communities, including low- and moderate-income (LMI) neighborhoods.
During the period, Truist made 845,332 home mortgage, small business, and small farm loans totaling $151.9 billion, and originated 7,174 community development loans worth $16.1 billion—an increase of 304.6% and 154.7% respectively from the previous period (2017-2019). The company also made 6,143 qualified investments totaling $5.8 billion, with $4.4 billion supporting affordable housing.
Truist was the fourth-largest lender in the Paycheck Protection Program (PPP), funding $16.3 billion across 120,000 loans. The company launched the Truist Cares initiative in March 2020, providing over $50 million in aid. Additionally, it completed a three-year $60 billion Community Benefits Plan, delivering $75.4 billion in lending, investing, and philanthropic activities.
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