Truist Financial reported average loans and leases held for investment for Q3/20 were down $11.2 billion compared with Q2/20, primarily due to a decline in the commercial portfolio. However, the company reported growth in equipment finance lending. read more

OCT 16, 2020 - 7:08 am

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

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

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 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