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Truist Financial Corporation (TFC)

NYSE - Nasdaq Real-time price. Currency in USD
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38.40+0.16 (+0.42%)
At close: 04:00PM EDT
38.50 +0.10 (+0.26%)
After hours: 08:00PM EDT

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 employees49,218

Key executives

NameTitlePayExercisedYear born
Mr. William Henry Rogers Jr.Executive Chairman & CEO4.09MN/A1958
Mr. Michael Baron MaguireSenior EVP & CFO1.62MN/A1980
Mr. Hugh Sterling Cummins IIIVice Chair & Chief Operating Officer2.49M1.56M1963
Mr. Clarke R. Starnes IIISenior EVP, Chief Risk Officer & Vice Chair1.79MN/A1959
Mr. Donta L. WilsonSenior EVP & Chief Consumer and Small Business Banking Officer1.72MN/A1976
Brad BenderInterim Chief Information OfficerN/AN/AN/A
Mr. Bradley Jason Milsaps C.F.A.Head of Investor RelationsN/AN/AN/A
Mr. Scott A. StengelSenior EVP, Chief Legal Officer, Head of Government Affairs & Corporate SecretaryN/AN/A1972
Mr. Scott StanzelExecutive VP & Chief Communications OfficerN/AN/AN/A
Mr. Tarun MehtaHead of Enterprise Strategy, Corporate Development & Truist VenturesN/AN/AN/A
Amounts are as of 31 December 2023, 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 financial services 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; other direct retail lending; insurance; investment brokerage; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; small business lending; and wealth management/private banking services. In addition, it offers asset based lending, investment banking and capital market, institutional trust, insurance premium finance, derivatives, commercial lending, international banking, leasing, merchant, commercial deposit and treasury, floor plan, mortgage warehouse lending, real estate lending, and supply chain financing services. Further, the company provides insurance brokerage, retail and wholesale brokerage, securities underwriting and market making, loan syndication, and investment management and 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 May 2024 is 7. The pillar scores are Audit: 3; Board: 8; Shareholder rights: 4; Compensation: 9.

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.