Truist Financial Corporation - TFC STOCK NEWS

Sheffield Financial, part of Truist Bank, has renewed its multiyear financing services program with Kawasaki Motors Corp., U.S.A. This partnership, ongoing since 2009, facilitates innovative financing solutions for Kawasaki's powersports dealers nationwide. Sheffield has financed over $30 billion in loans since 1992 and services a diverse dealer network, enhancing Kawasaki's customer offerings. Truist, as the sixth-largest U.S. commercial bank, continues to expand its market presence through such strategic alliances.

Sheffield Financial, a division of Truist Bank, and ICON EV have entered into a multiyear financing agreement to facilitate consumer financing for ICON's dealer network. This partnership aims to enhance the ICON brand while providing flexible financing solutions, which will benefit both consumers and dealers. Sheffield Financial, which has financed over $30 billion in loans since 1992, will offer services across all 50 states for outdoor power equipment and power sports. Truist Corporation, the parent company, is the sixth-largest commercial bank in the U.S., with total assets of $509 billion as of December 31, 2020.

Truist Financial Corporation (NYSE: TFC) will announce its first-quarter 2021 financial results on April 15, 2021, before the market opens. Key executives, including CEO Kelly S. King and CFO Daryl N. Bible, will host a conference call at 8 a.m. ET to discuss the results. Investors can listen live via a webcast or dial in using the provided number. Truist, formed from the merger of BB&T and SunTrust, is a leading financial services provider in the U.S. with total assets of $509 billion as of December 31, 2020.

The EPIC Foundation has announced that it received a $25,000 grant from Truist Foundation to enhance its STEM programs for high school students. This funding aims to support students transitioning to virtual learning due to the COVID-19 pandemic through its STEM E-Mentoring program. EPIC projects that at least 80% of participating students will pursue STEM careers. The EPIC Foundation focuses on providing scholarships, mentorship, and career pathway guidance to disadvantaged students in South Florida.

Truist Financial Corporation (NYSE: TFC) announced that CEO Kelly S. King will present at the RBC Capital Markets Global Financial Institutions Conference on March 9, 2021, at 10:40 a.m. ET. The event will be hosted virtually. Interested parties can access a live audio webcast on Truist's investor relations website, with a replay available for 30 days. This follows the company's commitment to inspire better lives through its extensive range of financial services and a strong market presence, holding $509 billion in assets as of December 31, 2020.

Truist Financial Corporation (NYSE: TFC) has issued its first social bond, raising $1.25 billion to support social programs like affordable housing. The bond was heavily oversubscribed, attracting over 120 investors and demonstrating strong market confidence despite volatility. The fixed-to-floating rate notes are due March 2, 2027. This initiative aligns with Truist's commitment to its ESG strategy, with notable achievements in environmental and social initiatives, including a $60 billion Community Benefits Plan and significant community development loans.

SunTrust Real Estate Investment Corporation, a subsidiary of Truist Bank, will redeem all 1,000 shares of its Series B Non-Cumulative Exchangeable Preferred Stock on March 31, 2021, at a price of $100,000 per share. Dividends for the current period will be paid to holders of record on March 15, 2021. The preferred stock is managed through The Depository Trust Company, with Computershare Trust Company acting as the redemption agent. Truist Financial Corporation, trading under the symbol TFC, is committed to enhancing lives and communities, with total assets of $509 billion as of December 31, 2020.

Truist Financial Corporation (NYSE: TFC) announced that its President and COO, William H. Rogers, Jr., will present at the Credit Suisse 22nd Annual Financial Services Forum on Feb. 25, 2021, at 1:50 p.m. ET. This event will be held virtually, with a live audio webcast and presentation materials accessible on the company's investor relations website. Truist, based in Charlotte, North Carolina, boasts total assets of $509 billion as of December 31, 2020, and provides a wide range of financial services across the U.S.

Truist Bank has announced the redemption of all $700,000,000 in principal of its 2.85% Senior Notes, due April 1, 2021, effective on the redemption date of March 1, 2021. The redemption price will be 100% of the principal amount plus accrued interest until the redemption date. Interest will cease to accrue post-redemption. U.S. Bank National Association will act as the paying agent for the notes. Truist Financial Corporation, headquartered in Charlotte, NC, is the sixth-largest commercial bank in the U.S. with total assets of $509 billion as of December 31, 2020.