Truist
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 12.6b | 22.7b | 22.3b | 23.0b | 23.4b | 20.1b | 21.0b |
% growth | 9 % | 81 % | (2 %) | 3 % | 2 % | (14 %) | 4 % |
Profit | 3.2b | 4.5b | 6.4b | 6.3b | (1.1b) | - | - |
% profit margin | 26 % | 20 % | 29 % | 27 % | (5 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $2.0m | Post IPO Equity | |
$3.8m | Post IPO Equity | ||
$900k | Post IPO Equity | ||
N/A | Acquisition | ||
* | N/A | Post IPO Equity | |
Total Funding | - |
Recent News about Truist
EditTruist Financial Corporation is a major player in the financial services industry, serving over 10 million households. The company operates primarily in the United States and offers a wide range of services including personal and commercial banking, lending, and wealth management. Truist's business model focuses on providing integrated relationship management solutions to its clients, which include individuals, small businesses, and large corporations. The company generates revenue through interest on loans, fees for banking services, and advisory fees for wealth management. Truist is committed to community development and has formed partnerships with organizations like the NFL and the Atlanta Braves to support local initiatives. The company is driven by a purpose to inspire and build better lives and communities, leveraging its seasoned leadership and innovative partnerships to achieve this goal.
Keywords: financial services, banking, lending, wealth management, community development, integrated solutions, revenue, partnerships, innovation, leadership.