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 BancAnalysts Association of Boston Conference (Virtual) Transcript

Nov 06, 2020 / 01:00PM GMT
Release Date Price: $42.99 (-4.32%)
Gerard Sean Cassidy
RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good morning, everyone. Thank you for joining us on our second day of the BancAnalysts Association of Boston, our 39th Annual Fall Conference. I'm very pleased to introduce our first presentation, Truist Financial Corporation. As many of you know, this was the combination, a historic combination between the old BB&T and SunTrust. The deal was announced in early 2019 and closed in December of last year. Today, combined, there's about $500 billion in total assets and is one of the premier franchises in the southeastern and southwestern part of the United States.

Joining us today is Senior Executive Vice President, Daryl Bible and CFO (sic) [Senior Executive Vice President and CFO, Daryl Bible]. And what the plan is for today, Daryl has some prepared remarks with slides, which will last about 25 minutes, followed by Q&A. And as a reminder, for people that would like to ask questions, please send them in through the dashboard at the bottom of your screen.

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