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BB&T, SunTrust unveil new name

June 12, 2019 - BB&T Corp. (NYSE: BBT) and SunTrust Banks Inc., (NYSE: STI) announced Truist as the name for the combined company to be created through their merger of equals. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the U.S. Combined, the two banks will be No. 2 among retail banks in the Tampa-St. Petersburg-Clearwater metro area, behind Bank of America (NYSE: BAC).

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