Truist

Charlotte, United States Founded: 1872 • Age: 154 yrs Acquired By FrontStream
Wealth advisory and banking services are offered to clients.
Annual revenue $881.3M Latest available
Total funding $900,000 4 rounds
Employees 1240 Tracked headcount
Investors 7 Known backers
Products 5 Services tracked
Competitors - Brand Intelligence

About Truist

Truist is a company based in Charlotte (United States) founded in 1872 was acquired by FrontStream in March 2014. It operates as a Subscription Services, Commission-Based, and FinTech. Truist has raised $900 thousand across 4 funding rounds from investors including FrontStream, United Way and U.S. Department of the Treasury. The company has 1,240 employees as of December 31, 2024. Truist has completed 2 acquisitions, including Long Game and Service Finance. Truist offers products and services including Truist One Checking, LightStream Unsecured Loan, Truist Enjoy Cash Credit Card, Home Equity Line of Credit, and Truist One Money Market Account.

  • Headquarter Charlotte, United States
  • Employees 1240 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Beacon Financial Corporation
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $881.26 M (USD)
    0
    as on Dec 31, 2025
  • Net Profit
    $90.27 M (USD)
    0
    as on Dec 31, 2025
  • EBITDA
    Not available
  • Total Equity Funding
    $900 K (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
    FrontStream

    & 6 more

  • Employee Count
    1240

    as on Dec 31, 2024

  • Investments & Acquisitions
    Long Game

    & 1 more

  • Acquired by
    FrontStream

    & 1 more

    (Mar 03, 2014)

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IPO & Listings of Truist

Truist is a publicly listed company on the NYSE with ticker symbol TFC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: TFC · Sector: Finance · USA

Products & Services of Truist

Truist offers a comprehensive portfolio of products and services, including Truist One Checking, LightStream Unsecured Loan, Truist Enjoy Cash Credit Card, Home Equity Line of Credit, and Truist One Money Market Account.

Product name locked
Category locked
Primary

Checking account with no overdraft fees offered.

Product name locked
Category locked
Locked

Unsecured loans for debt consolidation are provided.

Product name locked
Category locked
Locked

Credit card with cash back rewards offered.

Product name locked
Category locked
Locked

Credit line using home equity is available.

Product name locked
Category locked
Locked

Savings account with accessible funds is provided.

People of Truist

Headcount 10000+
Employee Profiles 719
Board Members and Advisors 14
Employee Profiles
People
Jaroah Carter
Information Technology Project Manager
People
Rohit Makhijani
Senior Vice President At Truist Ventures
People
Fredrick Brewer
Senior Vice President, Enterprise Technology Business Unit Risk Advisor
People
Joshua W. Derryberry
Senior Vice President, Middle TN Market President

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Board Members and Advisors
people
Bruce L. Tanner
Director
people
Donna S. Morea
Director
people
Dallas S. Clement
Director
people
Jennifer S. Banner
Director

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Funding Insights of Truist

Truist has successfully raised a total of $900K across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Truist

Truist has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include FrontStream, United Way and U.S. Department of the Treasury.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC and private equity firm
Locked Locked Locked
Impact venture capital is invested in early-stage US companies.
Locked Locked Locked
Early-stage US investments are made by Sopris Capital.
Locked Locked Locked
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Investor details for Truist

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Truist

Truist has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Long Game and Service Finance.

Investments
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Investment portfolio details for Truist

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  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Prize-linked manual savings account
Locked Locked 2015 Locked
Home improvement loans are provided to homeowners nationwide.
Locked Locked 2004 Locked
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Complete acquisition details for Truist

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Truist

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Detailed financials for Truist

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  • Profit trends
  • Statement rows
  • Financial ratios

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Truist Comparisons

Truist Primary company
Description
Wealth advisory and banking services are offered to clients.
Location
Charlotte, United States
Founded Year
1872
Annual Revenue
$881.26 M (USD)
Net Profit
$90.27 M (USD)
EBITDA
Not available
Employees
1,240
As of 2024
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Peer comparison for Truist

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Truist

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Detailed competitors of Truist

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Truist

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Complete news archive for Truist

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Truist

Truist was founded in 1872 and raised its 1st funding round 136 years after it was founded.

Truist is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Bill Rogers is the current CEO of Truist.

Truist is a funded company, having raised a total of $900K across 4 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Truist is 1,240.

Annual revenue of Truist is $881.26M as on Dec 31, 2025.

Truist Financial Corporation, operating as Truist, is engaged in providing a wide range of financial services. Banking solutions such as checking and savings accounts are offered alongside credit cards and personal loans through its subsidiary, Truist Bank. Mortgage and home equity lending options are provided to support homebuyers and homeowners. Investment and wealth management services are delivered through affiliates like Truist Investment Services and Truist Advisory Services. The company serves personal, small business, and commercial clients across various sectors. Digital banking tools and mobile applications are integrated to enhance customer access and financial management. Community engagement and disaster relief initiatives are also supported through the Truist Foundation.

Truist offers Truist One Checking, LightStream Unsecured Loan, Truist Enjoy Cash Credit Card, Home Equity Line of Credit, and Truist One Money Market Account.

Yes, Truist is publicly traded on NYSE under the ticker symbol TFC.

Truist has made 2 acquisitions, including Long Game, and Service Finance.

Truist has 7 investors. Key investors include FrontStream, United Way, U.S. Department of the Treasury, Enhanced Capital Partners, and SJF Ventures.

The ticker symbol of Truist is TFC on NYSE.

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