BBT - Truist Financial Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
54.24
+0.75 (+1.40%)
At close: 4:00PM EST
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Previous Close53.49
Open54.13
Bid0.00 x 1400
Ask0.00 x 1100
Day's Range54.03 - 54.68
52 Week Range44.51 - 56.66
Volume25,954,270
Avg. Volume5,186,465
Market Cap72.754B
Beta (5Y Monthly)N/A
PE Ratio (TTM)13.66
EPS (TTM)N/A
Earnings DateJan 14, 2020 - Jan 19, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est57.45
  • Moody's

    Sevier County Public Building Authority, TN -- Moody's upgrades to A3 Metropolitan Knoxville Airport Authority, TN's Series V-A-1 revenue bonds; outlook is stable

    Moody's Investors Service has upgraded Metropolitan Knoxville Airport Authority, TN's (authority) Local Government Public Improvement Bonds (Revenue Program V), Series V-A-1 to A3 from Baa1. The bonds were originally issued by the Sevier County Public Building Authority, TN. The upgrade to A3 reflects the strong enplanement growth at McGhee Tyson Airport (TYS or airport) in recent periods, which has directly resulted in improved financial performance.

  • Executive Profile: Former SunTrust exec is hitting the pavement for BNY
    American City Business Journals

    Executive Profile: Former SunTrust exec is hitting the pavement for BNY

    Meet Kent Moegerle, who joined The Bank of New York (BNY) Mellon Wealth Management after more than a quarter century with SunTrust.

  • 2019 was another top year for Colorado banking M&A. Here’s what experts think 2020 will bring
    American City Business Journals

    2019 was another top year for Colorado banking M&A. Here’s what experts think 2020 will bring

    With five bank acquisitions revealed, 2019 was another top year for Colorado-based bank acquisitions. It just missed the six acquisition announcements made in 2018, which added up to more bank mergers and acquisitions made in Colorado than at any time in the last five years. While experts told Denver Business Journal that there will likely be fewer acquisitions in 2020, they expect banking in the state to stay extremely competitive.

  • Atlanta Braves reveal new name for stadium: Truist Park
    American City Business Journals

    Atlanta Braves reveal new name for stadium: Truist Park

    SunTrust Park is no longer. The Atlanta Braves’ ballpark has been officially renamed Truist Park. Truist, the recently merged bank, is now assuming the agreement which started in 2017 when the stadium opened in Cobb County.

  • SunTrust, BB&T launch Truist Purple visual identity and logo
    American City Business Journals

    SunTrust, BB&T launch Truist Purple visual identity and logo

    The nation's sixth largest bank will be represented through "Truist Purple" — combining BB&T;'s traditional burgundy and SunTrust blue.

  • Truist to unveil new name for SunTrust Park on Tuesday
    American City Business Journals

    Truist to unveil new name for SunTrust Park on Tuesday

    Truist Financial Corp. and the Atlanta Braves plan to unveil the new name of SunTrust Park at a joint press conference on Tuesday. The announcement will come just a little over a month after SunTrust Banks Inc. and BB&T Corp. completed a $66 billion bank merger to create Truist.

  • 15 storylines to watch in the '20s: Banking consolidation
    American City Business Journals

    15 storylines to watch in the '20s: Banking consolidation

    Consolidation has become the norm in the banking industry. That is likely to continue in the '20s, although the main catalysts behind the M&A; activity are likely to change.

  • Benzinga

    This Bank ETF Could Benefit From More M&A Activity

    Mergers and acquisitions in the regional banking space picked up some momentum last year thanks in large part to BB&T's $66 billion purchase of SunTrust, a deal that created the bank now known as Truist Financial (NYSE: TFC). The $2.03 billion KRE holds 122 regional banks – those banks that have $10 billion to $50 billion in assets.

  • The Year in Jobs: Local companies adding, reducing workforces outside the Triad
    American City Business Journals

    The Year in Jobs: Local companies adding, reducing workforces outside the Triad

    As Triad Business Journal delves into employers that added or subtracted jobs in the region in 2019, it's also worth noting where Triad-based companies made changes elsewhere.

  • Virgin Trains financing among biggest Orlando economic development deals of the year
    American City Business Journals

    Virgin Trains financing among biggest Orlando economic development deals of the year

    Construction on Virgin Trains USA’s $4 billion expansion from West Palm Beach to Orlando is underway, thanks to one transaction that helped make that possible. The Miami-based intercity passenger train in April finalized a $1.75 billion private activity bond offering that completely funded construction of the existing system in South Florida to be expanded into Orlando International Airport. The train's Phase 2 expansion is expected to create more than 10,000 temporary construction jobs over the life of the project, and will generate $653 million in federal, state and local tax revenue.

  • Houston leader of newly merged bank eyes growth in these business lines
    American City Business Journals

    Houston leader of newly merged bank eyes growth in these business lines

    The Houston and Central Texas regional president for Truist Financial Corp. (NYSE: TFC), formed from the massive merger between BB&T Corp. and SunTrust Banks Inc., has growth in mind for his Texas markets. Bill Toomey was named Houston and Central Texas regional president for Truist Dec. 10.

  • Top Stories of 2019: Commercial Real Estate
    American City Business Journals

    Top Stories of 2019: Commercial Real Estate

    There was no letdown a year after Atlanta lost its bid for the second headquarters of Amazon.com Inc. New projects, which were once part of the state's pitch to land Amazon's HQ2, found other tech giants to anchor them. The Beltline, one of the country's largest urban redevelopment efforts, became an even more powerful catalyst for changing the autocentric development ethos across Atlanta. Atlanta, once known for sprawling out, continued to fill in.

  • Qubein vows to be a voice for Truist, a voice for the Triad
    American City Business Journals

    Qubein vows to be a voice for Truist, a voice for the Triad

    As the region's sole member of the newly created bank's board of directors, High Point University President Nido Qubein promises to fight both for Truist Financial Corp. shareholders and the Triad's economic interests.

  • Bank to bid farewell to downtown's Citrus Center tower — leaving naming rights up for grabs
    American City Business Journals

    Bank to bid farewell to downtown's Citrus Center tower — leaving naming rights up for grabs

    It appears a downtown tower's naming rights — and office space — may become available in the coming months as the mega-merger between BB&T Corp. and SunTrust Banks Inc. rolls out. Winston Salem, North Carolina-based BB&T's employees are expected to move by March 2020 from the Citrus Center to downtown's newest high-rise, the $133 million SunTrust Plaza at Church Street Station, said Sandy Hostetter, regional president of Central Florida for the merged entity, Charlotte, North Carolina-based Truist Financial Corp. (NYSE: TFC).

  • Top Stories of 2019: Banking
    American City Business Journals

    Top Stories of 2019: Banking

    The biggest banking story of 2019 in Atlanta, by far, came Feb. 7 in the announcement that BB&T Corp. was buying SunTrust Banks Inc. in a $66 billion merger that closed on Dec. 6, creating the nation's sixth-largest bank, Truist. It will have the largest market share of any bank in Atlanta. Implications and fallout of the "merger of equals" between Winston-Salem, N.C.-based BB&T and Atlanta-based SunTrust dominated financial industry headlines throughout the year, with leadership changes, speculation about and reaction to the new bank's name, and impacts to real estate ranging from commercial office to the Braves stadium at the top of the most-read stories.

  • Year in Review 2019: Bank consolidation continues, credit unions make push
    American City Business Journals

    Year in Review 2019: Bank consolidation continues, credit unions make push

    JPMorgan Chase's expansion and the mega-merger between SunTrust and BB&T; will both have strong ramifications for the Greater Baltimore banking industry.

  • Miami Super Bowl Host Committee Announces Five New Official Partners
    PR Newswire

    Miami Super Bowl Host Committee Announces Five New Official Partners

    Five industry leaders – retail banker Truist, sustainable technology company Footprint, healthy prepared-meals delivery service Deliver Lean, safety mobile application Safer Watch and medical transportation provider American Medical Response – have all joined the roster of teams partnering with the Miami Super Bowl Host Committee (MSBHC) for activations and official presences as the city hosts its 11th Super Bowl, a record. Super Bowl LIV, which takes place February 2, 2020, will also mark the culmination of the NFL's centennial season.

  • American City Business Journals

    Georgia's 20 People to Watch in 2020

    The city hosts a Final Four in the new year, but the big game will be the November election, where Georgia will have two U.S. Senate seats up for grabs, and the state itself could be in play on the electoral college map.

  • Here's how this exec plans to meld 2 of Orlando's largest banks
    American City Business Journals

    Here's how this exec plans to meld 2 of Orlando's largest banks

    Sandy Hostetter had her guard up after SunTrust Bank and BB&T Corp., two of Central Florida's largest banks, announced on Feb. 7 that they would merge into Truist Financial Corp. She was unsure how the merger might play out, as she was only 120 days into her role as market president for SunTrust Banks Inc. (NYSE: STI). The executive had 38 years of experience in the market's banking industry and was not sure what to make of Truist's creation, which resulted from a merger of equals between BB&T Corp. (NYSE: BBT) and SunTrust Bank, she told Orlando Business Journal.

  • American City Business Journals

    Atlanta Beltline project with some of city's most expensive apartments sells for $110 million

    It was the largest apartment sale this year based on the per-unit price, according to Atlanta real estate research firm Databank Inc. It also another example of a large, national real estate investor willing to pay a premium for a property on the Eastside Trail.

  • Truist Bank Announces Redemption of Senior Bank Notes
    PR Newswire

    Truist Bank Announces Redemption of Senior Bank Notes

    Truist Bank today announced the redemption on December 31, 2019, of all of its outstanding 2.25% Senior Bank Notes due January 2020 (CUSIP No. 86787EAR8) and Floating Rate Senior Bank Notes due January 2020 (CUSIP No. 86787EAS6). The redemption price for each of the Senior Bank Notes will be equal to 100% of the principal amount of the Senior Bank Notes (par), plus accrued and unpaid interest thereon to, but excluding, the redemption date of December 31, 2019.

  • As BB&T and SunTrust become Truist, local head isn't fazed by another rebranding
    American City Business Journals

    As BB&T and SunTrust become Truist, local head isn't fazed by another rebranding

    Travis Rhodes said the $66 billion merger of equals with SunTrust offers another chance to tell the company's story.

  • Truist exec Johnny Moore sees baby boomer legacies, more M&A activity on the horizon
    American City Business Journals

    Truist exec Johnny Moore sees baby boomer legacies, more M&A activity on the horizon

    The U.S. and China may be trying to negotiate an end to their trade war continues, many local businesses have prepared for difficult times by stocking up on inventory. That, along with merger activity and baby boomer legacies are among the trends observed by Truist exec Johnny B. Moore Jr.

  • PR Newswire

    Truist Charlotte headquarters building to be renamed Truist Center

    Truist Financial Corporation (NYSE: TFC) today announced that 214 N. Tryon St. in Charlotte, North Carolina, will become Truist Center and exercised its option to purchase the property in the heart of the financial district in Uptown Charlotte. The transaction is expected to close in the first quarter in 2020.