|Bid||0.00 x 800|
|Ask||0.00 x 2200|
|Day's Range||69.97 - 70.79|
|52 Week Range||46.05 - 71.76|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||12.85|
|Earnings Date||Jan 16, 2020 - Jan 20, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||71.50|
Travis Rhodes said the $66 billion merger of equals with SunTrust offers another chance to tell the company's story.
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.
The $66 billion merger completed Friday night between BB&T; Corp. and SunTrust Banks Inc. will affect the companies’ Greater Cincinnati operations, but it’ll be a while before customers will see the most obvious changes.
Days after the $66 billion BB&T-SunTrust; marriage closed to create Truist Bank, the new entity has outlined its local leadership plan.
Truist Financial Corp. named a local president as part of a leadership announcement across the U.S. The Charlotte, North Carolina-based bank (NYSE: TFC), which resulted from the merger of equals between BB&T Corp. (NYSE: BBT) and SunTrust Banks Inc. (NYSE: STI) that closed on Dec. 6, named Sandy Hostetter its regional president for Central Florida. Hostetter previously was Central Florida market president for SunTrust, serving in that role since October 2018.
Rating Action: Moody's upgrades SunTrust Banks, Inc. and downgrades BB&T Corporation as they merge to form Truist Financial Corporation; outlook stable. Global Credit Research- 09 Dec 2019. New York, December ...
CBJ caught up with CEO Kelly King last week to get an update on the merger and talk about what comes next in building Truist Financial Corp., from real estate and software divisions to leadership transitions.
In a conference call, the two leading executives of Truist did their best to say every market is important to the new bank, but in terms of deposits, Atlanta will be leading the pack.
The merger creating Truist, the sixth-largest commercial bank in the country, closed Dec. 6, and today is the combined bank's first full day of operations.
Winston-Salem-based BB&T; Corp. and Atlanta’s SunTrust Banks Inc. will become Truist Financial Corp. as of midnight.
The S&P 500 Index is considered the best single measure of large cap U.S. equities and Old Dominion Freight Line's (ODFL) inclusion in this much-coveted list is a huge positive.
Frank Recruitment Group, an IT recruiting firm headquartered in the United Kingdom, recently opened its ninth stateside office in uptown Charlotte.
S&P; Dow Jones Indices will make the following changes to the S&P; 500, S&P; MidCap 400 and S&P; SmallCap 600:
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Acquisitions, digitization of operations, efforts to diversify revenues and improving U.S. economy are expected to continue supporting banks in the upcoming quarters.
A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulators, which has helped unleash other big-ticket takeovers in the financial sector, analysts said. CNBC and Fox Business reported on Wednesday that the two brokerages were in talks to ink a merger that Fox said could be valued at $26 billion. Regulatory filings show the U.S. Federal Reserve has partial oversight over both firms and may need to approve the deal, depending on how it is structured.
ATLANTA, Nov. 21, 2019 /PRNewswire/ -- According to the SunTrust (STI) National Financial Confidence Poll, pet owners are not holding back on holiday cheer for their furry friends – half of Americans are putting their pets on their gift list, planning to spend an average of $137 on four-legged family members this holiday season. "For many people, pets are members of the family, so it's expected that we would want to include them in the holiday fun," said Brian Nelson Ford, financial well-being executive at SunTrust.
SunTrust (STI) receives approval from the Federal Reserve and the Federal Deposit Insurance Corporation for the merger of equals with BB&T (BBT).
St. Louis-based Larson Capital Management purchased the SunTrust Building at Sharon Square, at 4777 Sharon Road, for $37.5 million.
BB&T Corp. and SunTrust Banks Inc. received the go-ahead for their $28 billion merger Tuesday from the Federal Reserve's board of governors and the Federal Deposit Insurance Corporation. The merger of regional banks, which is expected to close on Dec. 6, will create the nation's sixth-largest commercial bank, serving about 10 million U.S. customers. The combined bank will be called Truist Financial Corp. "We are pleased to have received regulatory approval to merge two strong companies with complementary business models and a high level of cultural alignment," BB&T CEO Kelly King said in a statement. "We'll be even better together for our clients, teammates, communities and shareholders." But the Fed also slapped SunTrust with an enforcement action for unfair and deceptive practices regarding customer fees between 2013 and 2017, which BB&T said the combined bank will comply with.