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Truist Financial
Truist Financial

-10.9%

Financial services / Bank

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Company Overview

General information about the Truist Financial company
and its services
Truist Financial Corporation is an American bank holding company formed by the merger of BB&T and SunTrust Banks in 2019. It is headquartered in Charlotte, North Carolina, and operates over 2,000 bank branches in 15 states and Washington, D.C. Truist is the sixth-largest bank in the United States based on total assets, and serves approximately 10 million households and businesses.
Truist provides a wide range of financial services, including personal and commercial banking, trust and wealth management, mortgage and insurance services, and investment banking. The company also offers digital and mobile banking services for convenient and secure access to accounts and financial tools.
As of 2020, Truist employs over 58,000 people and is committed to promoting diversity and inclusion within its workforce. The company also has a strong focus on corporate social responsibility, supporting local communities through charitable donations and volunteer work.
In addition to its financial services, Truist offers various resources for financial education and assistance. This includes financial management tools, budgeting tips, and personalized guidance from financial advisors.
Truist prides itself on its strong corporate culture and strives to create a positive and inclusive work environment for its employees. The company values integrity, diversity, teamwork, and innovation in its approach to business.
Overall, Truist Financial is a leading financial institution that offers a comprehensive range of services and resources to help individuals and businesses achieve their financial goals.
What is special about the Truist Financial company?
There are several things that are special about Truist Financial:
1. Merger of equals: Truist Financial was formed through a mega-merger between BB&T Corporation and SunTrust Banks, creating the sixth largest bank in the United States in terms of assets.
2. Diversity and inclusion: Truist has a strong commitment to diversity and inclusion, both within its workforce and in the communities it serves. The company has received multiple awards for its diversity and inclusion initiatives.
3. Strong community focus: Truist is dedicated to making a positive impact in the communities it serves. The company supports various philanthropic efforts, including financial education, affordable housing, and economic development.
4. Technological innovation: Truist is known for its technological innovation, continuously investing in new technologies to improve the customer experience and streamline operations.
5. Comprehensive financial services: With a diverse range of products and services, including banking, lending, insurance, and investment services, Truist offers a comprehensive suite of financial solutions to individuals and businesses.
6. Commitment to sustainability: Truist is committed to reducing its environmental impact and promoting sustainable practices. The company has set ambitious goals to reduce its carbon footprint and increase its use of renewable energy sources.
7. Strong financial performance: Truist has a strong track record of financial performance, with a solid balance sheet and consistent earnings growth. The company is also consistently ranked as one of the top-performing banks in the US.

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