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Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks .
Crestar Financial Corp. SunTrust Banks, Inc. Truist Financial: 1998 Washington Mutual: H.F. Ahmanson & Co. Washington Mutual: JPMorgan Chase: 1999 [2] Fleet Financial Corp. BankBoston Corp. FleetBoston Financial Corp. Bank of America: 1999 Deutsche Bank AG Bankers Trust Corp. Deutsche Bank AG Deutsche Bank: 1999 HSBC Holdings plc: Republic New ...
On February 7, 2019, BB&T Corporation reported that it would acquire SunTrust to create the sixth-largest US bank, with assets of $442 billion and market capitalization around $66 billion. BB&T will be the nominal survivor, but the merged bank will be headquartered in Charlotte under a new name, Truist Financial Corporation. However, Truist ...
Truist Financial. Truist is the bank formed by the merger of BB&T and SunTrust. ... Founded in 1792, State Street Corp. is a financial services and asset management company with about 40,000 ...
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta -based SunTrust Banks to form Truist Financial, which retains BB&T's stock price ...
PNC Financial Services: Pittsburgh, Pennsylvania: $566 7.4 $61.68 PNC 9 Truist Financial: Charlotte, North Carolina: $534 7.0 $49.24 TFC 10 TD Bank, N.A. Cherry Hill, New Jersey: $530 7.0 $100.30 TD 11 Capital One: McLean, Virginia: $481 7.6 $49.94 COF 12 Charles Schwab Corporation: Westlake, Texas: $468 7.0 $125.39 SCHW 13 The Bank of New York ...
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