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The sudden failure of Silicon Valley Bank is rattling the banking sector. Many regional bank investors were quick to sell stocks like First Republic Bank (FRC), Truist Financial Corporation (TFC), Western Alliance Bancorporation (WAL) and…
Hackett succeeds John Gregg, who will retire ATLANTA, March 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that John Gregg will retire, and that Tom Hackett has been named chairman and chief executive off…
Yahoo Finance Live’s Ines Ferre breaks down how stocks are trading following the opening bell on Friday.
WASHINGTON, DC / ACCESSWIRE / March 9, 2023 / The American Red Cross celebrates Truist Foundation for its generous donation of $5 million to support the urgent humanitarian needs posed by extreme weather events across the U.S. Truist Found…
Leading corporate investment aims to inspire other partners; will help the Red Cross alleviate growing impacts of natural disasters on America's most vulnerable communities WASHINGTON, March 7, 2023 /PRNewswire/ -- Today, the American Red…
CHARLOTTE, N.C., March 1, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will present at the RBC Capital Markets Global Financial Institutions Conference on Wednesday…
NORTHAMPTON, MA / ACCESSWIRE / February 28, 2023 / Truist Foundation is committed to Truist Financial Corporation's (NYSE:TFC) purpose to inspire and build better lives and communities. Established in 2020, Truist Foundation's grants and a…
BALTIMORE, MD / ACCESSWIRE / February 17, 2023 / Coppin State University, today, unveiled the Eagle Achievement Center (EAC), a centralized hub for resources that will support the academic, personal, and professional success of students, a…
CHARLOTTE, N.C., Feb. 16, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the cancellation of its participation in the BofA Securities Financial Services Conference due to its announcement and conference call…
Sale of 20% stake for $1.95 billion strategically positions Truist Insurance Holdings for long-term success and growth Truist maintains client service approach, strategic flexibility, and future upside in insurance business Stone Point is…
ATLANTA, GA / ACCESSWIRE / February 15, 2023 / Truist Foundation and the Truist Trusteed Foundations recently announced $450,000 in total grant funding awarded to Sweet Auburn Works (SAW), the preservation-based economic development organi…
SAN FRANCISCO / ACCESSWIRE / February 14, 2023 / SkillUp Coalition, a national collaboration of nonprofits, training providers, and employers, today announced a $1.5 million grant from Truist Foundation to develop a remote jobs catalog. Th…
CHARLOTTE, N.C., Feb. 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will present at the BofA Securities Financial Services Conference on Thursday, Feb. 16, 2023…
ATLANTA, GA / ACCESSWIRE / February 9, 2023 /Purpose Build Communities today announced the participants selected for its third cohort of the Truist Foundation Racial Equity Ambassadors Program. Since 2020, there has been an increase in int…
NEW YORK, Feb. 7, 2023 /PRNewswire/ -- Kensington Vanguard National Land Services ("KV"), one of the largest independent, full-service national title insurance agencies in the country, has hired Steve LaForgia and James Cosolito, two highl…
ATLANTA, GA / ACCESSWIRE / February 6, 2023 / The Community Foundation for Greater Atlanta and Truist Financial Corporation [NYSE:TFC] today announce Truist's $15 million commitment to GoATL, the Community Foundation's impact investment pl…
CHARLOTTE, N.C., Feb. 1, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 7.75% from 7.50%, effective tomorrow, Feb. 2, 2023. About Truist Truist Financial Corporation is a pu…
CAEL, Living Cities and Main Street America named as anchor partners for the initiative CHARLOTTE, N.C., Jan. 30, 2023 /PRNewswire/ -- Truist Foundation today announced the creation of Where It Starts, a $22 million, multiyear program to s…
NORTHAMPTON, MA / ACCESSWIRE / January 26, 2023 / Truist (NYSE:TFC) recently was named among the top five of America's most JUST companies by JUST Capital, in partnership with CNBC, in their 2023 Just100 rankings. Truist, Thursday, January…
CHARLOTTE, N.C., Jan. 24, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 1, 2023, to shareholders of record at t…
The financial institutions behind the Zelle money-transfer service are working on a wallet for consumers to use at online checkout. Continue reading
NEW YORK, NY / ACCESSWIRE / January 19, 2023 / Truist: Center for Employment Opportunities (CEO), the nation's largest provider of comprehensive employment services to people returning from jail or prison, has received a $1 million grant f…
Fourth quarter 2022 GAAP earnings of $1.6 billion, or $1.20 per diluted share Fourth quarter 2022 Adjusted earnings of $1.7 billion, or $1.30 per diluted share Results reflect strong PPNR performance as a result of strong loan growth and e…
CHARLOTTE, N.C., Dec. 15, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report fourth-quarter 2022 financial results before the market opens on Thursday, Jan. 19, 2023. Chairman and Chief Executive Officer Bill Rogers…
CHARLOTTE, N.C., Dec. 14, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 7.50% from 7.00%, effective tomorrow, Dec. 15, 2022. About Truist Truist Financial Corporation is a…
NORTHAMPTON, MA / ACCESSWIRE / December 14, 2022 /Operation HOPE announced recently that it is receiving the donation of Truist Financial Corporation's former Tucker, Georgia, branch. This donation is part of Truist's $20 million investmen…
ATLANTA, GA / ACCESSWIRE / December 9, 2022 /Truist Foundation today announced a $3.75 million commitment to launch the Diverse, Equitable and Inclusive Small Business Capital strategy at Access to Capital for Entrepreneurs Inc. (ACE), a n…
Largest grant in organization's history will be used to provide inclusive, affordable and flexible capital for minority-owned small businesses in rural, underserved Georgia communities ATLANTA, Dec. 9, 2022 /PRNewswire/ -- Truist Foundatio…
HOUSTON, TX / ACCESSWIRE / December 2, 2022 / Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportun…
HOUSTON, Dec. 1, 2022 /PRNewswire/ -- Truist Foundation today announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunit…
CHARLOTTE, N.C., Nov. 28, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Bill Rogers will present at the Goldman Sachs 2022 US Financial Services Conference on Tuesda…
Self-directed investing solution empowers clients with simple account opening, zero-commission trades CHARLOTTE, N.C., Nov. 15, 2022 /PRNewswire/ -- Truist Wealth has enhanced its digital investing capabilities with Truist Trade, a new sel…
ORLANDO, FL / ACCESSWIRE / November 11, 2022 / Truist Foundation and Truist Charitable Fund announced a $2 million grant to Black Business Investment Fund Inc. (BBIF), a community development financial institution (CDFI) built to foster th…
CHARLOTTE, NC / ACCESSWIRE / November 9, 2022 /Truist Foundation today announced it will donate $150,000 to support relief and recovery efforts for communities impacted by Tropical Storm Nicole, including $100,000 in Florida and $50,000 in…
Texas Capital Bancshares, Inc. Enhances financial resiliency: $3.4 billion in cash results in record liquidity while materially improving tangible book value per share and earnings accretion DALLAS, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Texas…
CHARLOTTE, N.C., Nov. 1, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire and Chief Insurance Officer John Howard will present at the BancAnalysts Association of Boston…