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Sohini Mondal

THE TRUTH ABOUT: Is truist financial stock outperforming the dow - Caught on Camera

Truist Financial TFC

With a market cap of $52.9 billion, Truist Financial Corporation (TFC) is a financial services company that engages in banking and trust services. The Charlotte, North Carolina-based company operates through three segments: Consumer Banking and Wealth; Corporate and Commercial Banking; and Insurance Holdings.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Truist Financial fits this description perfectly. The American bank holding company offers a wide range of products and services through its wholesale and consumer businesses in the Southeastern and Mid-Atlantic United States.

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