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.
Sheffield Financial, a Truist Bank division, and Polaris Inc. (PII) have extended their retail financing partnership that began in 2009. The multi-year renewal aims to provide customer-friendly installment financing options for Polaris dealers nationwide.
The partnership offers dealers access to Sheffield's comprehensive financing solutions including:
- Digital tools with prequalification technology and QR codes
- Fast approvals and simple customer-friendly contracting
- Flexible financing options for new and pre-owned powersports products
- Seven-day-a-week access to powersports-specialist underwriters
The extension reinforces both companies' commitment to providing innovative financial tools and exceptional service to support dealer operations and facilitate customer purchases of Polaris powersports vehicles.
Truist Foundation has announced six finalists for its third Inspire Awards, a grant program supporting nonprofits focused on workforce development solutions for mid- and late-career adults. The finalists will participate in a six-month development program in collaboration with MIT Solve, including training at the Truist Leadership Institute.
The selected organizations include: Breaking Barriers Through Deconstruction, FreeWorld, ReCastED, Safety Net Tool for Economic Mobility, Seniors R The Answer, and Veterans Electrical Entry Program (VEEP). Each finalist offers innovative solutions for reskilling, upskilling, and career navigation.
The program will culminate on November 12, 2025, with grant distributions of $250,000 for first place, $150,000 for second place, $25,000 for runners-up, and an additional $75,000 for the audience favorite.
Truist Financial (NYSE: TFC) has appointed Claudia Davis Adamson as head of small business banking. Adamson will oversee strategic execution for deposits, lending, payments solutions, data analytics, operations, and client experience for over 1.2 million small business clients through Small Business Direct, Business Connect, and SBA lending solutions.
Adamson brings more than 20 years of experience in the banking sector, most recently serving as managing director and U.S. head of business banking at HSBC. She will report to Chief Consumer and Small Business Banking Officer Dontá Wilson and join Truist's Operating Council. The appointment strengthens Truist's Consumer and Small Business Banking division, which serves over 14 million retail, premier, and small business clients through digital banking, virtual service centers, and more than 1,900 community banking branches.
Truist Securities has announced the appointment of Danielle Brill as managing director to strengthen its biotechnology equity research coverage. Brill, formerly at Raymond James, brings expertise in neurology, hematology, and autoimmune diseases research. She joins the existing biotech and specialty pharma analyst team.
The firm has made several key appointments to expand its equity platform: Rob Muir as managing director and associate director of equity research, a team from Autonomous Research including John McDonald, Brian Foran, and David Smith covering banking sectors, Matt Coad focusing on FinTech, and managing directors Paul Durnan, David McCormick, and Charles de Roziere strengthening sales initiatives.
Truist Financial (NYSE: TFC) has scheduled its first-quarter 2025 financial results announcement for Thursday, April 17, 2025, before market opens. The earnings call will be hosted by Chairman and CEO Bill Rogers and CFO Mike Maguire at 8 a.m. ET.
Truist, a leading U.S. commercial bank headquartered in Charlotte, North Carolina, reported total assets of $531 billion as of December 31, 2024. The company maintains strong market presence across high-growth markets, offering comprehensive financial services including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending.
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.