Mar 09, 2022 / 02:20PM GMT
Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst
Good morning, everyone. This is Gerard Cassidy from RBC Capital Markets. I want to welcome you to our Financial Institutions Conference. And with us at this fireside chat is Truist Financial, their Chief Financial Officer is Daryl Bible.
As many of you know, Truist was created from the merger of SunTrust and BB&T, with the transaction closing at the end of 2019, and it created the seventh largest bank in the United States with about $545 billion in assets. The company is primarily located in the Southeast and mid-Atlantic states. It has over 2,500 branches. And currently, the company's market cap is approximately $75 billion, trades at about 1.2x book value. It has a dividend yield of just over 3%.
Daryl Bible really needs no introduction. Many of you folks know Daryl. He's the Chief Financial Officer with Truist. He came to Truist from the BB&T side, and he joined the predecessor bank in 2009 after spending a number of years at U.S. Bancorp.
Truist Financial Corp at RBC Capital Markets Financial Institutions Conference (Virtual) Transcript
Jan 23, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers