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 Financial Services Conference (Virtual) Transcript

Dec 08, 2020 / 03:00PM GMT

Release Date Price: $47.71 (-0.31%)

Transcript

Ryan Matthew Nash

Goldman Sachs Group, Inc., Research Division - MD

Hello, everyone. Joining us for what could be his final time, we're excited to have Chairman and CEO of Truist, Kelly King. Kelly and the team have continued to successfully execute on their MOE integration, bringing together 2 regional powerhouses to form a bank with industry-leading returns and efficiency. Despite the pandemic, they have moved full steam ahead with the integration, including completing the first client-facing integration, and are now executing on delivering $1.6 billion of net cost saves while also delivering upside to revenues.

So with that, I'm going to pass it over to Kelly, who is going to walk us through a few slides, and then we are going to have a fireside chat. For the Q&A, Kelly will also be joined by Chief Financial Officer, Daryl Bible.

So with that, I'm going to pass it over to Kelly.

Kelly Stuart King

Truist Financial Corporation - Chairman & CEO

Thanks, Ryan, and good morning, everybody. Thanks for joining the conference.

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