Truist Financial Corp (NYSE:TFC)

$ 39.47 0.37 (0.95%) Market Cap: 52.81 Bil Enterprise Value: 88.98 Bil PE Ratio: 0 PB Ratio: 1.01 GF Score: 70/100

Truist Financial Corp at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 10, 2019 / 03:30PM GMT

Release Date Price: $55.12 (+0.73%)

Transcript

Kelly Stuart King

Truist Financial Corporation - Chairman & CEO

(presentation)

So we are Truist. We are alive and kicking, and glad to be here today. Thanks for being our first audience to talk about our new company. We are very, very excited. As you could see from that video, the people that are involved in this are super excited as well. I'm sure the slides are picking up there. But so -- as you probably know, we are the 6th largest commercial U.S. bank. We have about 57,000 teammates, serving over 10 million households. We are a force that we believe will be powerful in the community in terms of standing for better. And so you can see that if you look at -- if we get the slides going, you will see that we are 6th in most categories, 5th actually in the loan category. We have the largest regional bank-owned investment banking firm. We have the 2nd largest mortgage origination and servicing organization. We have the 2nd largest weighted-average market deposit share in the marketplaces that we serve. So it's a very, very powerful, dense concentrated business that we have. We have always

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