Truist Financial Corp - Company Profile
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Truist Financial Corp (Truist Financial) is a financial holding company that offers banking products and related financial solutions. Adequate capital, financial leverage, and non-interest income are a few of its key strengths; even as its cost-efficiency ratio could be a cause for concern. Strategic initiatives, short-term economic outlook in the US, and growing markets for payment channels in the US could offer ample growth opportunities to Truist Financial. However, regulatory requirements in the US, risks related to online identity theft and hacking, and the emergence of neobanks could have an adverse impact on the growth of the company.
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