Australia markets close in 2 hours 33 minutes

Truist Financial Corporation (TFC)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
35.24-0.40 (-1.12%)
At close: 04:00PM EST
35.22 -0.02 (-0.06%)
After hours: 07:56PM EST

Truist Financial Corporation

214 North Tryon Street
Charlotte, NC 28202
United States
336 733 2000
https://www.truist.com

Sector(s)Financial Services
IndustryBanks - Regional
Full-time employees50,905

Key executives

NameTitlePayExercisedYear born
Mr. William Henry Rogers Jr.Executive Chairman, CEO & President6.84M3.79M1958
Mr. Hugh Sterling Cummins IIIVice Chair & Chief Operating Officer3.87MN/A1963
Mr. Michael Baron MaguireSenior EVP & CFO1.9MN/A1980
Mr. Clarke R. Starnes IIISenior EVP, Chief Risk Officer & Vice Chair5.28MN/A1959
Mr. Donta L. WilsonSenior EVP & Chief Consumer and Small business banking officer3.82MN/A1976
Mr. Thomas Patrick HackettHead of Corporate & Investment BankingN/AN/AN/A
Mr. Scott E. CaseChief Information Officer & Senior EVPN/AN/A1972
Mr. Bradley Jason Milsaps C.F.A.Head of Investor RelationsN/AN/AN/A
Mr. Scott A. StengelSenior EVP & Chief Legal OfficerN/AN/A1972
Mr. Scott StanzelExecutive VP & Chief Communications OfficerN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate governance

Truist Financial Corporation’s ISS governance QualityScore as of 1 February 2024 is 4. The pillar scores are Audit: 3; Board: 6; Shareholder rights: 4; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.