Kelly S. King Related Content

Rogers to Succeed King as Board Chair at Truist

William H. Rogers Jr., CEO of Truist Financial, will become chairman of the board of the company and Thomas E. Skains will become lead independent director. Rogers will succeed Kelly S. King and Skains will succeed David M. Ratcliffe. read more

Rogers to Take on CEO Role at Truist as Part of Change to Executive Leadership Team

William H. Rogers Jr., president and chief operating officer of Truist Financial, will succeed Kelly S. King as CEO on Sept. 12 as previously announced in February 2019 as part of the merger of equals that formed Truist. read more

Truist Reports Q3 Commercial Portfolio Decline Despite Growth in Equipment Finance

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

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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