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Company Profiles: Revenue, Growth, Competition

TRUIST FINANCIAL Revenue, Growth & Competitor Profile

DBA BB&T CORPORATION
DBA BB&T CORPORATION C/O HUMAN SYSTEMS DEPT.
Last updated:

Company Awards

Fast Growing
Fastest Growing
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Truist Financial

Access the complete profile.

Truist Financial Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry52211 Commercial Banking
Additional NAICS Codes52421 Insurance Agencies & Brokers
Address214 N. Tryon Street
Charlotte, NC 28202

truist.com


Truist Financial's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Commercial Banking industry.


Truist Financial's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Truist Financial is a publicly traded company on using the ticker symbol BBT. Detailed information on company financials and operating reports can be found here: : BBT



Truist Financial Annual Revenue and Growth Rate

Truist Financial Revenue Est.
($ Million)
Growth Rate (%)# Employees
2020 Details in Premium Report
2019
2018
2017
2016


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Truist Financial's revenues are gauged from an analysis of company filings.



Trademark Applications

Trademark applications show the products and services that Truist Financial is developing and marketing. Truist Financial's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
TRUIST SECUREDOC
Design, development, and implementation of software for authenticating digital signatures; electronic signature verification services using technology to authenticate user identity; and E-signature services, namely, providing a website featuring technology that enables users to sign documents electronically
11/13/2020
TRUIST TRIO
Typeface font recorded on machine readable media; printing font that can be downloaded by means of electronic transmission; downloadable printing font
11/02/2020
OFFICIAL BANK OF HEALTHCARE
Commercial and personal banking services, insurance, wealth management, real estate loans, equipment financing, and merchant services, all provided to physicians and physician practices
10/27/2020

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Truist Financial grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Truist Financial is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Commercial Banking

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Truist Financial's Largest Competitors

A competitive analysis shows these companies are in the same general field as Truist Financial, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
JPMORGAN CHASE BANK NATIONAL ASSOCIATIONJersey City, NJ100 
U.S. BANCORPRobbinsdale, MN27 
PNC FINANCIAL SERVICES GROUPPittsburgh, PA20 
TRUIST FINANCIALCharlotte, NC15 
FIFTH THIRD BANKCincinnati, OH11 
TD BANKFalmouth, ME10 
SUNTRUST BANKSAtlanta, GA8 
TD BANK N.A.Mount Laurel, NJ8 
REGIONS FINANCIALBirmingham, AL8 




Nearby Competitors

These companies are similar in business line and location to Truist Financial. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
TRUIST FINANCIALCharlotte, NC100 
BANC OF AMERICA MERCHANT SERVICESCharlotte, NC4 
COMMUNITYONE BANCORPCharlotte, NC1 
CHARLOTTE METRO FEDERAL CREDIT UNIONCharlotte, NC0 
CAROLINAS TELCO FEDERAL CREDIT UNIONCharlotte, NC0 
NOVA CREDIT UNIONCharlotte, NC0 




Future Competition: Truist Financial's Fastest Growing Competitors

These companies are in the same general field as Truist Financial and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Truist Financial Competitors