Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina, formed in 2019 through the merger of BB&T and SunTrust Banks. It is one of the largest commercial banks in the United States by assets, offering retail and commercial banking, insurance and wealth management services.
Facts
Partially Attested
Founded YearFormed in December 2019 by the BB&T and SunTrust merger; predecessor banks are much older. Company TypePublic company (bank holding company) 1 HeadquartersCharlotte, North Carolina, United States 1 Company Type
Company Type (category) FAQs
Is Truist Financial Corporation an old bank or a new one?
The Truist name dates to a 2019 merger, though its predecessor banks are much older.
Truist Financial Corporation itself is fairly new: it was formed in December 2019 through the merger of BB&T and SunTrust Banks, though its predecessor banks are much older. Headquartered in Charlotte, North Carolina, Truist is one of the largest commercial banks in the United States by assets, offering retail and commercial banking, insurance and wealth management services.
Connections
Operates In
A major financial services company; classified in the atlas financial-services-industry.
In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Sources
1. Wikipedia: Truist Financial
Lead section, formation sentence
The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust.
Lead section
Truist Financial Corporation () is an American bank holding company headquartered in Charlotte, North Carolina.
Infobox, Headquarters
headquartered in Charlotte, North Carolina
View the SourceWikidata: Truist Financial Corporation
Wikidata Q795486, class allow-list match (w-wdresolver-0926)View the Source Reader Challenges (0)
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