Truist Financial Corp (TFC.PI) company profile
Close on Nov 3, 2026Market cap $60.36BP/E 12.7Yield 4.21%
About Truist Financial
National Commercial Banks, SIC 6021
Truist Financial Corporation is a financial services holding company that operates primarily through its Consumer and Small Business Banking and Wholesale Banking segments. The institution delivers a broad selection of lending and non-lending products, including residential mortgages, commercial loans, credit cards, auto financing, deposit accounts, and treasury management. It also provides asset management, wealth advisory, payment solutions, and investment banking services. Truist serves a diverse client base consisting of individual consumers, small businesses, middle-market enterprises, commercial corporations, and municipal entities.
The company is headquartered in Charlotte, North Carolina, and operates as one of the ten largest commercial banks in the United States. Truist conducts business through its digital banking infrastructure alongside a regional branch network comprising 1,927 physical locations as of December 2025. Its branch footprint spans multiple jurisdictions, primarily across the southeastern and mid-Atlantic United States, including substantial presences in Florida, North Carolina, Virginia, and Georgia, as well as operations in Washington, D.C.
Summary of the business section of Truist Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Truist Financial Corp
- Founded
- 1872
- Headquarters
- Charlotte, NC
- Address
- 214 North Tryon Street 28202
- Phone
- (844) 487-8478
- Website
- www.truist.com
- Employees
- 59,000, Dec 31, 2019
- Industry
- National Commercial Banks
- Incorporated in
- North Carolina
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Charlotte, North Carolina
Stock & identifiers
- Ticker
- TFC.PI
- Other tickers
- TFC, TFC.PO, TFC.PR
- Exchange
- NYSE
- Shares outstanding
- 1.22B, Jun 30, 2026
- Public float
- $55.40B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Aug 4, 1998; 3-for-2, Jul 3, 1989; 3-for-2, Jun 23, 1987; 2-for-1, Apr 29, 1985; 5-for-4, Jul 1, 1983
- SEC CIK
- 92230
- CUSIP
- 89832Q109
- ISIN
- US89832Q1094
- LEI
- 549300DRQQI75D2JP341
- EIN
- 56-0939887
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael P. Lyons | President & CEO, Director | 46,000 |
| William H. Rogers Jr | Chairman & CEO, Director | 1,239,344 |
| Shimna Sameer | Chief Consumer Banking Officer | – |
| Donta L. Wilson | Chief Consumer & SB BK Officer | 63,174 |
| Bradley D. Bender | Chief Risk Officer | 21,896 |
| Cynthia B. Powell | Corp. Controller & CAO | 14,381 |
| Scott A. Stengel | Chief Legal Officer | 11,977 |
| Michael Baron Maguire | Chief Financial Officer | 84,672 |
| Kristin Lesher | Chief Whlse Banking Officer | 71,520 |
| Hugh S. Cummins III | Vice Chair & COO | 372,280 |
| Clarke R. Starnes III | Vice Chair and CRO | 219,319 |
| Catherine P. Bessant | Director | 2,338 |
| K. David Boyer Jr. | Director | 14,341 |
| Jonathan Pruzan | Director | 6,724 |
| Dallas S. Clement | Director | 2,923 |
| Linnie M. Haynesworth | Director | 2,923 |
| Laurence Stein | Director | 11,216 |
| Scanlan Agnes Bundy | Director | 10,194 |
| Bruce L. Tanner | Director | 24,895 |
| Charles A. Patton | Director | 75,794 |
| Donna S. Morea | Director | 38,351 |
| Jennifer S. Banner | Director | 27,969 |
| Thomas E. Skains | Director | 31,891 |
| Steven C. Voorhees | Director | 60,873 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Kelly SKing | $0 | $0 | $5.70M | $130 | $196 |
| FY2025 Mr William HRogers Jr | $14.31M | $15.20M | $5.70M | $130 | $196 |
| FY2024 | – | $12.30M | $10.17M | $97 | $133 |
| FY2024 Mr Kelly SKing | $0 | $0 | $10.17M | $97 | $133 |
| FY2024 Mr William HRogers Jr | $13.95M | $18.34M | $10.17M | $97 | $133 |
| FY2023 | – | $4.01M | $9.34M | $78 | $97 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| William H. Rogers, Jr. Chairman and Chief Executive Officer | $1.20M | – | $7.28M | $4.10M | $1.74M | $14.31M | +3% |
| Michael B. Maguire Senior Executive Vice President and Chief Financial Officer | $762.50K | – | $2.27M | $1.67M | $347.69K | $5.04M | -40% |
| Kristin Lesher Senior Executive Vice President and Chief Wholesale Banking Officer | $770.83K | – | $3.52M | $1.66M | $592.43K | $6.53M | -55% |
| Dontá L. Wilson Senior Executive Vice President and Chief Consumer and Small Business Banking Officer | $770.83K | $1.33K | $2.53M | $1.62M | $1.37M | $6.29M | -35% |
| Bradley D. Bender Senior Executive Vice President and Chief Risk Officer | $675.83K | – | $1.64M | $1.29M | $319.51K | $3.92M | – |
| Hugh S. Cummins III Former Vice Chair and Chief Operating Officer | $54.97K | – | – | – | $6.64M | $6.69M | -17% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“At December 31, 2019, Truist had approximately 59,000 employees.”
Corporate history
Events identified from SEC filings
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