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Truist is rolling out 100 new branches while doubling down on digital banking, AI tools and commercial growth to fuel long-term expansion.
Truist Financial is undervalued and poised for stable growth, supported by a strong balance sheet and excellent credit quality. Management's strategic actions, including the TIH divestiture and portfolio repositioning, have boosted capital and improved future profitability. A robust capital return program, with consistent dividends and share buybacks, demonstrates management's commitment to rewarding shareholders.
Truist is investing in its physical bank branches as it targets more affluent clients. The lender announced Wednesday (Aug. 20) that it will open 100 new branches and renovate 300 more in cities around the country, including Philadelphia, Dallas, Atlanta, Austin, Miami and Washington, all areas with the potential to cultivate relationships with affluent customers.
Loan growth lifts TFC's NII 3% in 1H25, with repricing and balance sheet moves set to support gains going forward despite Fed rate cuts.
Includes 100 new insights-driven branches, more than 300 branch renovations, enhanced digital experiences and hiring additional Premier advisors CHARLOTTE, N.C., Aug. 20, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced a significant strategic growth investment over the next five years to attract new and grow existing client relationships in some of the strongest growth markets in the country.
New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud. James alleged that the company knew about ongoing fraud between 2017 and 2023 and did not take actionable steps to resolve it.
Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers.
"Good Morning America" Co-Anchor Robin Roberts to serve as host CHARLOTTE, N.C. , Aug. 13, 2025 /PRNewswire/ -- Truist Foundation today announced that livestream registration is now open for its third Inspire Awards, which will be hosted by Good Morning America co-anchor and award-winning journalist Robin Roberts.
Scott Cathcart named Florida regional president, Javier Suarez named Miami market president Truist Wealth adds 6 new advisors across the state CHARLOTTE, N.C., July 31, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced new leadership for its commercial banking team in Florida and the addition of six new Truist Wealth advisors.
CHARLOTTE, N.C., July 31, 2025 /PRNewswire/ -- Today, Truist Foundation released its multiyear impact report, Scaling for Impact , offering data-backed evidence that bold, strategic philanthropy can enhance the economic viability of communities across the Southeast.