
Truist's new CEO inherits improving profits but still faces wide gaps to 2019 merger targets, sluggish loan growth and digital sales pressure.
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. Its bank operates 2,781 branches in 15 states and Washington, D.C., and offers consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services.
| Revenue (TTM) | $19.03B |
| Gross Profit (TTM) | $19.03B |
| EBITDA | — |
| Operating Margin | 39.80% |
| Return on Equity | 9.06% |
| Return on Assets | 1.06% |
| Revenue/Share (TTM) | $15.16 |
| Book Value | $48.04 |
| Price-to-Book | 1.07 |
| Price-to-Sales (TTM) | 3.32 |
| EV/Revenue | 6.63 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 36.70% |
| Quarterly Revenue Growth (YoY) | 8.20% |
| Shares Outstanding | $1.22B |
| Float | $1.22B |
| % Insiders | 0.18% |
| % Institutions | 78.44% |
Volatility is currently expanding

Truist's new CEO inherits improving profits but still faces wide gaps to 2019 merger targets, sluggish loan growth and digital sales pressure.

Industry veteran tapped to accelerate Wealth Brokerage growth CHARLOTTE, N.C., Sept. 3, 2026 /PRNewswire/ -- Truist Wealth, the private wealth business of Truist Financial Corporation (NYSE: TFC), today announced the appointment of Tory Sherman as Wealth Brokerage national director, a newly created role focused on advancing Truist Wealth's growth strategy.

Milestone reflects data-driven innovation at Truist and their growing personalization engine, delivering proactive insights and advice that help clients better understand, manage and act on their financial lives. Why it matters: Truist Insights has generated more than 2 billion personalized financial insights and advice for consumer, small business and wealth clients since 2023, helping clients spot patterns, understand changes and take action with more confidence.

Truist and U.S. Bancorp are writing shareholders identical checks this year, but underneath that matching number, one bank is quietly building momentum while the other sits frozen in place.

TFC's NII growth is likely to remain positive in 2026, backed by loan and earning-asset growth, but loan spreads and deposit mix could limit momentum.

As a vice chair in Wholesale Banking, Ford will focus on business growth, advise on policy matters CHARLOTTE, N.C., Aug. 27, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Harold Ford Jr. as a vice chair in its Wholesale Banking business.

New mortgage and small business lending is ahead of target, increasing housing availability, stability and allowing local businesses to reopen, strengthen the region's economic recovery following Hurricane Helene devastation Truist Foundation's recovery and resiliency fund enters final phase of grant deployment, on track to disburse all funds by two-year anniversary of Helene's impact CHARLOTTE, N.C., Aug. 27, 2026 /PRNewswire/ -- As global leaders gather in Asheville, North Carolina, Truist Financial Corporation (NYSE: TFC) and Truist Foundation announce they have surpassed the halfway point of the $725 million Truist Cares for Western North Carolina commitment established following Hurricane Helene.

CHARLOTTE, N.C., Aug. 26, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at the Barclays Global Financial Services Conference on Tuesday, Sept.

TFC's Premier expansion turns rising deposit production into deeper mass affluent banking and wealth-management growth, supporting its long-term strategy.

Keith Lerner, Truist Wealth CIO and chief market strategist, joins 'Squawk on the Street' to discuss the latest market action.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on TFC and any ticker you trade — then tracks every position and per-strategy win rate.