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 reports news as a large U.S. banking and financial services company serving consumer, small business, commercial, corporate, institutional and high-net-worth clients. Its recurring updates cover quarterly results, common and preferred stock dividends, share repurchase activity, debt issuance, and business-line developments across consumer banking, wholesale banking, wealth management, payments, investment banking and specialized lending.
Company announcements also address digital banking and data-access partnerships, Enterprise Payments and treasury management activity, Truist Securities advisory and capital markets capabilities, and Truist Wealth investment solutions. Truist emerged from the combination of BB&T and SunTrust and operates through Truist Bank and related financial-services businesses.
On June 29, 2020, BB&T Insurance Holdings announced its rebranding as Truist Insurance Holdings, aligning with its parent company, Truist Financial Corporation (NYSE:TFC). As the fifth-largest insurance broker in the U.S. and sixth globally, Truist Insurance Holdings reported $30 billion in premiums in 2019 and employs over 7,500 staff across 250 locations. The rebranding includes a new website and logo, enhancing its market presence and operational capabilities across various insurance sectors.
Truist Financial Corporation (NYSE: TFC) is set to announce its second-quarter 2020 financial results on July 16, 2020, before market opening. Following this, a conference call led by CEO Kelly S. King and CFO Daryl N. Bible will occur at 8:00 a.m. Eastern Time to discuss the results. The call can be accessed at 866-519-2796 with passcode 892418. Truist, headquartered in Charlotte, North Carolina, boasts total assets of $506 billion as of March 31, 2020, making it the sixth-largest commercial bank in the U.S.