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Truist

🌎 truist.com

Truist Financial Corporation is a purpose-driven financial services company headquartered in Charlotte, North Carolina. It is a leading U.S. commercial bank that offers a wide range of products and services, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, and specialized lending. With total assets of $535 billion as of March 31, 2024, Truist is committed to inspiring and building better lives and communities.

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Updates as of Oct 03, 2024

• Truist is expanding into the Texas market to support students, residents, and communities.
• Truist has introduced a new $12 charge for accounts with less than $500, affecting those living paycheck to paycheck.
• Marsh & McLennan Co. will acquire McGriff Insurance Services, a subsidiary of TIH formerly known as Truist Insurance Holdings, in a $7.8 billion deal expected to close by year end.
• Truist's Q2 earnings report showed a 3.2% rise in shares on July 22, driven by $5 billion revenue and $0.91 EPS, both surpassing Wall Street estimates, alongside a $5 billion stock buyback plan.
• Truist partnered with the University of Georgia - Terry College of Business and companies like AWS, IBM, and IHG Hotels & Resorts for an immersive learning experience involving local small businesses.

• Truist reported $0.91 EPS for the quarter on July 22, 2024, surpassing the consensus estimate of $0.84, with revenue of $5.02 billion.
• Truist will report its third-quarter 2024 financial results on October 17, 2024, with a conference call hosted by CEO Bill Rogers and CFO Mike Maguire.
• Truist is actively hiring experienced Retail Mortgage Loan Originators in Northern Virginia, as announced by Jeanne Carter, VP, Senior Recruiter at Truist.
• Cristina Pastor, Vice President and Branch Leader, announced her departure from Truist after 19 years on October 3.
• Truist is sponsoring the 2024 NMSDC Annual Conference & Exchange and MBDA National MED Week in Atlanta, Georgia, October 20-23.
• Truist is hosting a Mortgage Day event at the Pineville Branch on October 22 with Vice President Jessica Dickens and Marta Tataje available to discuss mortgage and equity line options.
• Leana Tatum, PMP has joined Truist as Vice President, Director Corporate Real Estate and Workplace Experience, previously serving as Corporate Administration and Facilities Manager at Enercon Services, Inc. in the United States.
• Loretta Williamson, Senior Vice President at Truist, is leading the company's Inclusive Lending vision to adapt to market changes and boost market share.

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