Truist Financial Corp TFC:NYSE

Last Price$51.51Cboe Real-Time Last Sale as of 2:29PM ET 8/15/22
Cboe Real-Time Quotes
Realtime quote and/or trade prices are not sourced from all markets
Today's Change-0.24(0.46%)
Bid (Size)$51.51 (800)
Ask (Size)$51.52 (300)
Day Low / High$50.91 - 51.59
Volume2.1 M

Truist Financial to Raise Minimum Hourly Wage to $22 in October

9:42AM ET 7/06/2022 MT Newswires
Truist Financial (TFC) said Wednesday it is increasing the minimum hourly pay for its US staff to $22, starting Oct. 1.

The new rate will apply to about 14,000 employees, including 81% in client-facing roles, primarily within the retail and small business banking divisions.

The minimum wage ranged from $15 to $18 per hour previously.

Truist Financial shares were down 0.6% in recent morning trading Wednesday.

Price: 48.40, Change: -0.24, Percent Change: -0.49