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On June 11, 2025,
(TFC) experienced a significant increase in trading volume, reaching $294 million, a 55.84% rise from the previous day. This surge placed Truist at the 351st position in terms of trading volume for the day. However, despite the high trading volume, the stock price of Truist Financial Corporation (TFC) declined by 1.15%.Truist Financial Corporation has announced the expansion of its commercial banking teams across Ohio and Western Pennsylvania. This strategic move aims to enhance the company's ability to attract new clients and strengthen existing relationships in the region. The expansion includes the addition of a dozen commercial and middle market bankers in key markets such as Cleveland, Columbus, Cincinnati, and Pittsburgh.
In Pittsburgh, Truist has bolstered its commercial banking team with the addition of veteran bankers James Spagnolo and Eric Hersom. Spagnolo brings over 20 years of experience in commercial and corporate banking, while Hersom has more than 15 years of experience focusing on midsize companies. These hires are part of a broader effort to provide strategic advice and deliver comprehensive financial solutions to clients in the region.
In Cleveland, Truist has welcomed middle market banker Chris Abraham, who brings over 20 years of experience serving middle market companies. This addition follows the hiring of three other bankers in 2024, further strengthening Truist's presence in the Cleveland market.
In Columbus, Truist has added three new commercial banking hires in the past year. Jody Moore and Brad Mullenix are the latest additions, bringing a combined experience of over 50 years in serving commercial and middle market companies in Central Ohio.
In Cincinnati, Truist has expanded its team with the addition of middle market banker Brad Russell, who has over two decades of corporate banking experience. This hire is part of Truist's ongoing effort to bolster its presence in southwest Ohio.
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