Kelly S. King Related Content

BB&T, SunTrust Complete Merger, Relaunch as Truist

BB&T and SunTrust Banks completed their merger of equals and relaunched as Truist Financial, the sixth largest U.S. commercial bank. read more

BB&T Reports Record Earnings of $842MM in Q2/2019

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

BB&T, SunTrust to Launch $60B Truist Bank Community Benefits Plan

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

BB&T and SunTrust Merger Will Create Truist

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

BB&T, SunTrust to Merge in $66B Deal

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

BB&T Reports Record $3.1B Annual Earnings for Fiscal Year 2018

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

BB&T Reports 6.3% Annualized Growth in C&I Loans

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

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