Two Legacies, One Future
BB&T and SunTrust are coming together in a transformational merger of equals to create the premier financial institution in the country. The combination of these two iconic franchises creates the sixth-largest U.S. bank with 275 years of combined history serving clients and communities in some of the best markets in the country. With our shared mission- and purpose-driven cultures, our combined company will have an accelerated capacity to invest in transformational technologies for our clients.
A message from BB&T Chief Executive Officer Kelly King and SunTrust Chief Executive Officer Bill Rogers:
“Together with Bill’s leadership and our new SunTrust teammates, we’re going to bring the best of both companies forward to serve our clients and communities more than ever before.”
– Kelly King
“Kelly and I know each other well, and we believe that by bringing together these two purpose-driven institutions, we will accelerate our capacity to invest in transformational technologies for our clients and drive our shared mission further forward than either of us could do alone.”
– Bill Rogers
Our New, Combined Company by the Numbers
6thLargest U.S. Bank by Assets + Deposits
$441BAssets
$301BLoans
$324BDeposits
~10MMHouseholds in the U.S.
Based on the separate financial statements of BB&T and SunTrust as of December 31, 2018.