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 BancAnalysts Association of Boston Conference Transcript

Nov 05, 2021 / 12:00PM GMT
Release Date Price: €56
Unidentified Analyst

Thank you again to everybody for joining us this year for the 40th Annual BancAnalysts Association of Boston Conference. We have another full morning here through lunch. We hope everybody can stick around ground for the buffet lunch. As you recall from years past, there will be lobster rolls, so please enjoy yourself.

But with that, I'll turn it over to my fellow Board member, [Dick Manuel], who will introduce the management of Truist. [Dick]?

Unidentified Analyst

Okay. Great. About 2 years ago, SunTrust and BB&T got Fed approval to merge and form the seventh largest bank in the U.S. with about $286 billion of loans and $400 billion of deposits and an $85 billion market cap. Truist is truly a super regional.

Here today to share an update on the bank and the integration is Ankur on my right and who's in charge of Investor Relations; and of course, Daryl Bible. Daryl has had a long career in banking, having grown up on the BB&T side of the marriage and culminating in his role as the CFO of the combined company.

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