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Truist Financial Corporation (TFC)

NYSE - Nasdaq Real-time price. Currency in USD
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32.65+0.08 (+0.23%)
As of 01:05PM EDT. Market open.

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 employees53,999

Key executives

NameTitlePayExercisedYear born
Mr. William Henry Rogers Jr.Exec. Chairman, CEO & Pres5.91M5.91M1958
Mr. Kelly Stuart KingExec. Director8.78M1.75M1948
Mr. Clarke R. Starnes IIISr. EVP, Chief Risk Officer & Vice Chair4.6M1.82M1959
Mr. John Michael HowardSr. EVP & Chief Insurance Officer3.78MN/A1967
Mr. Hugh Sterling Cummins IIIVice Chair3.31M2.86M1963
Mr. Michael Baron MaguireSr. EVP, CFO and Chief Consumer Fin. & Payments OfficerN/AN/A1979
Mr. Scott E. CaseChief Information Officer & Sr. EVPN/AN/A1971
Mr. Ankur VyasHead of Investor RelationsN/AN/AN/A
Ms. Ellen M. FitzsimmonsSr. EVP, Chief Legal Officer & Head of Public AffairsN/AN/A1961
Mr. Scott StanzelExec. VP & Chief Communications OfficerN/AN/AN/A
Amounts are as of 31 December 2021, 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; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, 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 and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and 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 investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. 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 2023 is 3. The pillar scores are Audit: 2; Board: 7; 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.