Mobile Menu

Truist Financial Corporation - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Truist Financial Corporation stacks up to the competition and put relevant competitor and industry information at your fingertips.

Truist Financial Corporation - Overview

Brands

LightStream, Truist

Description

Truist Financial is a public company headquartered in North Carolina with an estimated 50,832 employees. In the US, the company has a notable market share in at least two industries: Commercial Banking, Credit Card Processing & Money Transferring and Commercial Banking. Their largest market share is in the Credit Card Processing & Money Transferring industry, where they account for an estimated 5.5% of total industry revenue.

Company Details

  • Registered Name: Truist Financial Corporation
  • Company Type: Operating
  • Exchange: NYSE
  • Headquarters: 214 N Tryon St, Charlotte, NC 28202
  • Website: https://www.truist.com/
  • Employees: 50,832

Truist Financial Corporation - Operating Industries and Main Competitors

To view all of Truist Financial Corporation's operating industries and competitors, see purchase options.

Truist Financial Corporation - Products and Services

Credit Card Processing & Money Transferring

Of the 4 core revenue-generating products and services in the Credit Card Processing & Money Transferring industry, Truist Financial Corporation offers:

  • Automated clearinghouse products
  • Credit card services
  • Debit card services
  • Other

Commercial Banking

Of the 6 core revenue-generating products and services in the Commercial Banking industry, Truist Financial Corporation offers:

  • Commercial and industrial loans
  • Credit card loans
  • Depository services and other noninterest-income generating products
  • Loans to individuals excluding credit cards
  • Real estate loans
  • Other
To view Truist Financial Corporation's full products and services, see purchase options.

Truist Financial Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Truist Financial Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Credit Card Processing & Money Transferring , Commercial Banking industries

Strengths

Days Receivables: x.x%

Rank: 2 of 3 peers

Annual Turnover: x.x%

Rank: 2 of 3 peers

Weaknesses

Credit Risk: x.x%

Rank: 2 of 3 peers

Revenue per Employee: $xx

Rank: 2 of 3 peers

Opportunities

Threats

  • AAAAA
  • AAAAA
  • AAAAA
To view Truist Financial Corporation's full SWOT analysis, see purchase options.

Looking for IBISWorld Industry Reports?

Gain strategic insight and analysis on 700+ in the United States industries
(& thousands of global industries)

Why purchase access to Benchmarking Pro?

This profile on Truist Financial Corporation includes:

  • Company Overview
  • Company Revenue and Employee Data
  • Company Financial Statements
  • Industry Market Share Breakdown
  • Industry Competitor Matrix
  • SWOT Analysis
  • Products and Services
  • Key Company Benchmarks
  • Interconnected Competitor Profiles and Industry Reports
  • Full Access to Benchmarking Pro

The IBISWorld Benchmarking Pro solution enables you to:

  • Understand an enterprise’s competitive landscape and how they perform within a like-sized industry segment.
  • Benchmark companies against industry averages, segment averages and their competitors.
  • Identify real-world strengths, opportunities, weaknesses and threats for companies.
  • Target growth opportunities or spot red flags in a business growth strategy.
  • Toggle between company profiles and industry reports for a 360 degree view of a company's position.

IBISWorld provides profiles on thousands of leading companies around the world. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Get Instant Access with Benchmarking Pro Membership

100% Money Back Guarantee Digicert Trusted
Download Sample Report

Benchmarking Pro

What's Inside
Benchmarking Pro?

A suite of company and industry data that:
  • Benchmarks companies against industry averages or like-sized segments, as well as close competitors
  • Identifies real-world strengths, opportunites, weaknesses and threats
  • Reveals growth opportunities or red flags in a business growth strategy
Learn more

Included in Report

  • Enterprise History & Synopsis Enterprise History & Synopsis
  • Enterprise Financial Statements Company Financial Statements
  • Financial Ratios Industry Market Share Breakdown
  • Industry Averages Industry Competitor Matrix
  • Competitive Landscape SWOT Analysis
  • Key Enterprise Personnel Products and Services
  • Subsidiaries & Ownership Structure Key Company Benchmarks

View all Companies

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal