Overview / Commentary
Truist is headquartered in Charlotte and is the 2nd largest bank in the state of North Carolina. It is also the 6th largest bank in the nation. It was established in 1872 and as of June of 2021, it had grown to 48,883 employees at 2,562 locations. Truist has an A+ health rating.
Reviews (1)
One Of The Good Guys!
Posted by: Cloughlin_Felip | Oct 12, 2021
Fantastic communication!
Fantastic guidance!
Fantastic team!
Everything about my experience with this bank was amazing. They've got nothing to hide and a great team of carefully selected workers!
Health
A+
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9846 |
| Year Established | 1872 |
| Employees | 48883 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 8.4% |
| Annual Interest Income | $6.47B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $510.3B$494B |
| Loans | Q2 2021vs Q2 2020 | $280.9B$311.7B |
| Deposits | Q2 2021vs Q2 2020 | $412.7B$391.2B |
| Equity Capital | Q2 2021vs Q2 2020 | $64.29B$64.66B |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $4.26B$4.81B |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $1.04B$1.07B |
| Real Estate Owned | Q2 2021vs Q2 2020 | $78.0MM$55.0MM |
