TFC

Truist Financial Corporation

Financial Services Banks - Regional NYSE

About the company

Truist, headquartered in the vibrant city of Charlotte, North Carolina, represents the powerful union of two banking giants, BB&T and SunTrust. This dynamic merger has created a formidable regional bank with a significant presence throughout the Southeastern United States. With a commitment to serving its customers, Truist offers a diverse range of financial services, encompassing commercial banking, retail banking, and investment banking operations, making it a comprehensive financial partner for individuals, businesses, and communities alike. The commercial banking division of Truist ensures that businesses of all sizes receive the support they need to thrive. From small enterprises to large corporations, Truist offers a suite of services such as lending, treasury management, and merchant services to help businesses manage their financial needs. Through personalized solutions and dedicated relationship managers, Truist empowers businesses by providing them with the tools and resources necessary to achieve their goals. Truist also takes pride in its retail banking division, which focuses on delivering exceptional services to individual consumers. With a wide network of branches and ATMs, Truist provides convenient access to banking services, including checking and savings accounts, mortgages, personal loans, and credit cards. By leveraging innovative digital platforms and mobile banking applications, Truist ensures that its customers have seamless access to their accounts, wherever and whenever they need it. Recognizing the importance of wealth management and investment services, Truist offers an extensive array of solutions through its investment banking division. Whether clients are seeking financial advice, retirement planning, or assistance with mergers and acquisitions, Truist's experienced team of professionals provides strategic guidance tailored to each client's unique needs. Additionally, Truist offers access to a broad range of investment products, including stocks, bonds, mutual funds, and alternative investments, to help clients build and protect their wealth. Beyond banking, Truist operates several nonbank segments, with its insurance brokerage business standing as the primary one. Truist Insurance Holdings, a subsidiary of Truist, provides a wide range of insurance services, including property and casualty insurance, employee benefits, and risk management solutions. With a focus on assessing and mitigating risk, Truist Insurance Holdings ensures businesses and individuals have the protection they need in an ever-changing world. In line with its commitment to corporate social responsibility, Truist actively engages in philanthropic initiatives, investing in the communities it serves. The Truist Foundation, the charitable arm of the company, supports initiatives related to financial education, community development, and affordable housing, among others. By partnering with local organizations and initiatives, Truist strives to make a meaningful and lasting impact on the lives of individuals and families across the Southeast. With its rich history, extensive resources, and commitment to innovation, Truist is well-positioned to continue its legacy of empowering individuals and businesses throughout the Southeastern United States. By providing comprehensive financial services, fostering community engagement, and prioritizing customer satisfaction, Truist is dedicated to being the trusted financial partner that helps individuals and communities thrive.

Website: https://www.truist.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Financial Services · 1543 peers in sector

Metric TFC Sector median Vs. industry
P/E 11.60 13.87 ↓ Below average
EPS 4.04 USD 0.45 USD ↑ Above average
Dividend yield 4.31% 0.00% ↑ Above average
Profit margin 29.62% 0.00% ↑ Above average
ROE 8.58% 0.98% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Truist Financial Corporation?
Truist, headquartered in the vibrant city of Charlotte, North Carolina, represents the powerful union of two banking giants, BB&T and SunTrust. This dynamic merger has created a formidable regional bank with a significant presence throughout the Southeastern United States. With a commitment to serving its customers, Truist offers a diverse range of financial services, encompassing commercial banking, retail banking, and investment banking operations, making it a comprehensive financial partner for individuals, businesses, and communities alike. The commercial banking division of Truist ensures that businesses of all sizes receive the support they need to thrive. From small enterprises to large corporations, Truist offers a suite of services such as lending, treasury management, and merchant services to help businesses manage their financial needs. Through personalized solutions and dedicated relationship managers, Truist empowers businesses by providing them with the tools and resources necessary to achieve their goals. Truist also takes pride in its retail banking division, which focuses on delivering exceptional services to individual consumers. With a wide network of branches and ATMs, Truist provides convenient access to banking services, including checking and savings accounts, mortgages, personal loans, and credit cards. By leveraging innovative digital platforms and mobile banking applications, Truist ensures that its customers have seamless access to their accounts, wherever and whenever they need it. Recognizing the importance of wealth management and investment services, Truist offers an extensive array of solutions through its investment banking division. Whether clients are seeking financial advice, retirement planning, or assistance with mergers and acquisitions, Truist's experienced team of professionals provides strategic guidance tailored to each client's unique needs. Additionally, Truist offers access to a broad range of investment products, including stocks, bonds, mutual funds, and alternative investments, to help clients build and protect their wealth. Beyond banking, Truist operates several nonbank segments, with its insurance brokerage business standing as the primary one. Truist Insurance Holdings, a subsidiary of Truist, provides a wide range of insurance services, including property and casualty insurance, employee benefits, and risk management solutions. With a focus on assessing and mitigating risk, Truist Insurance Holdings ensures businesses and individuals have the protection they need in an ever-changing world. In line with its commitment to corporate social responsibility, Truist actively engages in philanthropic initiatives, investing in the communities it serves. The Truist Foundation, the charitable arm of the company, supports initiatives related to financial education, community development, and affordable housing, among others. By partnering with local organizations and initiatives, Truist strives to make a meaningful and lasting impact on the lives of individuals and families across the Southeast. With its rich history, extensive resources, and commitment to innovation, Truist is well-positioned to continue its legacy of empowering individuals and businesses throughout the Southeastern United States. By providing comprehensive financial services, fostering community engagement, and prioritizing customer satisfaction, Truist is dedicated to being the trusted financial partner that helps individuals and communities thrive.
Are Truist Financial Corporation shares expensive?
The price-to-earnings (P/E) ratio of Truist Financial Corporation is 11.60 — the share price is 11.60 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 13.87). This is information, not a recommendation. (as of 2026-06-02)
How big is Truist Financial Corporation?
The market capitalization of Truist Financial Corporation — the combined value of all its shares — is 58.39 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Truist Financial Corporation pay dividends?
The dividend yield of Truist Financial Corporation is 4.31% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Truist Financial Corporation belong to?
Truist Financial Corporation operates in the Financial Services sector, industry: Banks - Regional.

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