# Truist Bank

Truist Bank is a Bank / Wealth / Trust based in Charlotte, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Charlotte, United States
- **Region:** North America
- **Address:** Charlotte, NC, United States
- **Founded:** 1872
- **Assets under management:** Undisclosed
- **Website:** truist.com
- **LinkedIn:** https://www.linkedin.com/company/truist

## Regulatory record

- **Reports private funds:** No

## About

Truist Bank is a bank headquartered in Charlotte, North America. It oversees approximately $523.4 billion in assets.

## Sectors

- Financial Services
- Insurance
- Real Estate
- Private Credit

## Offices

- Atlanta, GA
- Winston-Salem, NC

## People

- William H. Rogers Jr. — Chairman and Chief Executive Officer
- Michael Maguire — Chief Financial Officer

## Questions

### What is the relationship between Truist Bank and Truist Wealth?

Truist Wealth is the private banking and wealth management division of Truist Financial Corporation. It houses the institution's family office advisory services, trust administration, and high-net-worth client relationships, reporting into the broader Consumer and Wealth segment of the bank. Assets under administration at Truist Wealth exceeded $200 billion as of year-end 2024.

### How did the BB&T and SunTrust merger reshape Truist's investment posture?

The 2019 merger combined two large Southeastern regional banks into a super-regional with approximately 2,000 branches and a significantly expanded lending capacity. Post-merger, Truist consolidated previously separate wealth-management units into a single platform, creating a larger discretionary pool for direct credit and real estate finance deals. The combined entity also gained pricing power in insurance brokerage services.

### Does Truist participate in direct private credit or only syndicated lending?

Truist operates both a direct corporate lending portfolio and a syndicated loan origination business. Its Commercial and Industrial loan book includes bilateral direct loans to middle-market companies, particularly in the US Southeast and Texas, alongside participation in broadly syndicated credit facilities. Family office clients can access certain private credit deals through Truist Wealth's managed accounts.

### Which US geographies does Truist's deal pipeline target?

The bank's lending and wealth management activity concentrates on the Sun Belt — Florida, Georgia, North Carolina, South Carolina, Tennessee, and Texas — with additional coverage in the Mid-Atlantic states including Maryland, Virginia, and Washington, D.C. This footprint aligns with population migration patterns toward lower-tax southeastern states over the past decade.

## Related profiles

- [Truist Advisory Services](https://altss.com/profile/truist-advisory-services)
- [Truist Financial Corporation](https://altss.com/profile/truist-financial-corporation)

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Last updated: 2026-06-03T20:00:00.000Z

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