BB&T and SunTrust Banks completed their merger of equals and relaunched as Truist Financial, the sixth largest U.S. commercial bank. read more
DEC 9, 2019 - 6:30 am
According to multiple outlets, BB&T and SunTrust Banks have won U.S. antitrust approval from the Department of Justice for their previously announced merger. read more
NOV 11, 2019 - 6:55 am
BB&T reported its earnings for the second quarter of 2019. Its record net income available to common shareholders was $842 million, up 8.6% compared with the second quarter last year. read more
JUL 19, 2019 - 7:00 am
BB&T and SunTrust Banks plan to launch a Truist Bank community benefits plan under which the combined company will lend or invest $60 billion to low- and moderate-income borrowers and communities over a three-year period. read more
JUL 17, 2019 - 6:25 am
BB&T and SunTrust Banks will create Truist, the newly announced name for the combined company to be created through their merger of equals. read more
JUN 14, 2019 - 6:47 am
The Federal Reserve Board and the FDIC will jointly hold two public meetings on the proposed merger of BB&T and SunTrust Banks. read more
MAR 15, 2019 - 6:50 am
SunTrust Bank and BB&T signed a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits. read more
FEB 7, 2019 - 7:20 am
BB&T reported Q4/18 earnings of $754 million and earnings of $3.1 billion for the full fiscal year of 2018. Fourth quarter earnings were up 22% compared to 2017’s Q4 earnings of $614 million. read more
JAN 22, 2019 - 7:00 am
BB&T named Senior Executive Vice President Dontá Wilson chief digital and client experience officer and Senior Executive Vice President Bennett Bradley leader of its new Operations Shared Services division. read more
NOV 13, 2018 - 6:40 am
The J.D. Power 2018 U.S. Small Business Banking Satisfaction Study revealed that small businesses feel “underappreciated” by their banks. Banks rated the highest by customers include Huntington, Capital One, Citibank & Chase. read more
NOV 1, 2018 - 6:45 am
BB&T announced a $5 million investment in Enigma, which represents its first outlay of a $50 million fintech commitment. read more
SEP 19, 2018 - 6:57 am
BB&T Financial Services and Commercial Finance, which includes BB&T’s equipment finance product, reported net income of $145 million for Q2/18, an increase of $11 million compared to the earlier quarter. read more
JUL 20, 2018 - 6:10 am
United Leasing & Finance closed a $350 million, multi-year senior secured revolving credit facility with an accordion expansion to $475 million with Bank of America as agent. read more
AUG 9, 2017 - 6:57 am
BB&T renamed the former Susquehanna Commercial Finance unit as BB&T Commercial Equipment Capital. read more
JUN 21, 2017 - 6:45 am
Boat and yacht retailer MarineMax expanded its financing facility to provide for borrowing of up to $350 million, up from its previous limit of $300 million. Wells Fargo CDF was the agent for the facility. read more
MAY 15, 2017 - 6:44 am