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.
Truist Financial (NYSE: TFC) said it will lower its prime lending rate to 6.75% from 7.00%, a 25-basis-point reduction, effective December 11, 2025.
The company is a top-10 U.S. commercial bank with $544 billion in total assets as of September 30, 2025. Truist offers consumer, small business, commercial and corporate banking, investment banking, capital markets, wealth management, payments and specialized lending services. Truist Bank is a Member FDIC and Equal Housing Lender.
Truist Wealth (NYSE: TFC) announced on Dec 10, 2025 a new mobile-forward investment account and portfolio platform built with InvestCloud to modernize its digital wealth experience. The updated system integrates into Truist Mobile Banking and Online Banking to provide a unified, secure interface, consolidated portfolio views, and self-directed trading across equities, ETFs, mutual funds, and options. The platform also includes integrated Truist Investment Advisory Group macroeconomic research and market research tools to support client decision-making. Truist and InvestCloud said the multi-year investment aims to simplify financial management, increase personalization, and enable time-saving self-service features for clients.
Truist Securities (NYSE:TFC) announced on Dec 2, 2025 nine new hires to expand Equity Research and strengthen Equity Sales & Trading coverage across high-growth sectors. The firm added dedicated analysts for Biotechnology, Energy, Financials, Technology, Utilities and specialist coverage for data centers, AI, digital platforms, communications infrastructure, BDCs/specialty finance, and E&P/midstream.
New senior hires include Richard Sunderland (Utilities), Greg Renza (Biotech), Matt Niknam (Data Centers/Towers), Arvind Ramnani (AI/Platforms/IT Services), Gabe Daoud and Francis DiGiovanna (E&P & Midstream), and Arren Cyganovich (BDC/Specialty Finance). Sales & Trading additions include Brian Finneran and Greg Mulvaney.
Truist Financial (NYSE: TFC) named Lo Li as chief divisional technology, data and operations officer for Consumer and Small Business Banking, effective Dec. 1, 2025.
Li will report to CIO Steve Hagerman and lead technology, data and operations strategy and execution for the consumer and small business franchise. She joins from Capital One, where she served as chief technology officer and managing vice president for the retail bank.
The announcement reiterates Truist's focus on digital transformation and client-centric solutions. Truist reported total assets of $544 billion as of Sept. 30, 2025.
Truist Financial (NYSE: TFC) announced that Chairman and CEO Bill Rogers will speak at the Goldman Sachs 2025 Financial Services Conference at 9:20 a.m. ET on Tuesday, December 9, 2025 in New York City.
A live audio webcast will be available on the day of the conference at ir.truist.com under Events & Presentations, with a replay available on the site for 30 days. Truist reported total assets of $544 billion as of September 30, 2025 and offers banking, capital markets, wealth, payments and specialized lending services.
Truist Financial (NYSE: TFC) named Pascal Belaud as its chief AI & data officer, effective Nov. 24, 2025. Belaud joins from Microsoft after more than 25 years and will report to Truist CIO Steve Hagerman. He will lead Truist's enterprise AI, data and advanced automation strategy.
Truist reported total assets of $544 billion as of Sept. 30, 2025.
Truist (NYSE: TFC) on November 17, 2025 named Chris Jackson head of a newly created Institutional Capital Group (ICG) to serve middle-market private equity sponsors and select family offices.
ICG will provide core banking, payments and capital markets solutions within Truist's commercial footprint, complementing Truist Securities' large-cap Financial Sponsors Group. Jackson joins from Citibank and will be based in New York, leading a team with directors in Dallas and Atlanta; Truist plans additional senior hires to expand coverage.
Report cites a nearly 84% rise in middle-market PE and family office transactions over the past decade.
Truist Foundation (NYSE: TFC) awarded more than $500,000 in grants at the third Inspire Awards on Nov. 12, 2025, to scale nonprofit workforce solutions for mid-to-late career adults.
First-place winner FreeWorld received a $250,000 grant plus a $75,000 Audience Favorite award to expand a tech-enabled program that reskills and places formerly incarcerated individuals into trucking careers. Second place, Encore Employment Enterprises, received $150,000 for a call-center training program for older adults; four other finalists received $25,000 each. Finalists completed a six-month support program and will be invited to Solve at MIT.
Truist Financial (NYSE:TFC) announced it will redeem all outstanding 4.950% Series P depositary shares (CUSIP 89832QAE9) on November 13, 2025 at a redemption price of $1,000.00 per share plus declared and unpaid dividends up to but excluding that date. The shares will be redeemed from retained earnings and, after the Redemption Date, will cease to be outstanding and will stop accruing dividends.
The company mailed the formal Redemption Notice to record holders on October 28, 2025 and provided Computershare contact details for additional copies.
Truist Financial (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Dec 1, 2025 to shareholders of record at the close of business on Nov 14, 2025.
The Board also declared cash dividends on multiple series of preferred stock with record dates of Nov 14, 2025 (Series J fractional interests: Nov 30) and payment dates in Dec 2025. Declared preferred amounts include: Series I $1,220.77006 per share ($0.30519 per depositary share), Series J $1,249.83950 per share ($12.49840 per depositary share), Series M $2,562.50 per share ($25.625 per depositary share; semiannual), Series O $328.125 per share ($0.328125 per depositary share), Series R $296.875 per share ($0.296875 per depositary share).
Total assets reported: $544 billion as of Sept 30, 2025.