Truist Financial Corp (STU:BBK)
€ 38.625 -0.875 (-2.21%) Market Cap: 51.36 Bil Enterprise Value: 68.06 Bil PE Ratio: 0 PB Ratio: 0.95 GF Score: 62/100

Truist Financial Corp at Barclays Americas Select Franchise Conference (Virtual) Transcript

May 14, 2020 / 02:00PM GMT
Release Date Price: €49
Jason Michael Goldberg;Kelly Stuart King
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

Good morning. I'm Jason Goldberg. I cover the U.S. large-cap banks here at Barclays. Very pleased to have with us Truist. For those that may not know, you know we've had BB&T been a long-standing participant in this conference, and SunTrust has certainly come its fair share over the years. But in December, the 2 companies completed their merger of equals, one of the largest mergers in recent memory, and created what is the sixth largest bank in the United States with a very strong retail footprint throughout the Southeast as well as several businesses that operate on a national basis, including a regional investment banking and insurance.

From the company today, we're very pleased to have with us Chairman and CEO, Kelly King. Also present in the room, albeit with a social distance, is Daryl Bible, Chief Financial Officer; as well as Ryan Richards, relatively new investor -- Head of Investor Relations.

And with that, let me turn it over to Kelly.

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