Revenue Expectations Stabilizing and Expense Cuts Will Be Big Focus for Truist

Truist is one of the larger regional banks in the U.S. and its presence is largely concentrated in the east and southeast. Truist has many of the typical offerings of a bank, including retail and commercial banking, however, it also has some more unique parts as well, including its insurance brokerage unit (roughly the seventh-largest broker in the U.S.), a sizable investment banking unit, wealth and advisory services, and its LightStream digital lending platform.