Truist groups rankings
Anyone have insight on their IB coverage groups right now?
Trending Content - Investment Banking Forum
Career Resources
WSO Free Modeling Series - Now Open Through
July 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Based on the most helpful WSO content, Truist's strongest investment banking coverage groups are Healthcare (HC) and Technology, Media, and Telecom (TMT). These groups are consistently highlighted as the top-performing and most sought-after within the bank. Additionally, Leveraged Finance (LevFin) is noted as the strongest product group, offering solid deal experience.
Other groups like Industrials have also historically performed well, but the general consensus is that HC, TMT, and LevFin are the standout options for deal flow and career growth. However, some feedback suggests that even within these groups, the experience may not be as robust as at other top-tier banks.
For those considering Truist, it's worth noting that the bank has been actively hiring senior bankers to build out groups like TMT and Sponsors, which could indicate growth potential in these areas.
Sources: Truist’s Strengths in IB?, Truist / STRH, SunTrust Robinson Humphrey (STRH): An Extensive Review, Del, Truist: Sweatier Than Ever In 2023
Bump
Cannot speak to specifics, but Industrials and Healthcare typically are referred as the strongest groups. Like most investment banks, the experience is largely dependent on the MD you cover. I’ve heard the tech group has inconsistent deal flow with 1/2 MDs carrying the majority of deals.
Thanks that’s super helpful! Have you heard anything about FIG?
Haven't heard much about FIG other than they have a few former BofA bankers because of Wiant
Tech group does 0 M&A
Heard tech has been super rough but that they actually have deals right now
As comments below have stated, healthcare and industrials probably get the most volume, but are also the sweatiest (especially healthcare). NY office runs lean relative to other offices from what I’ve heard so if you’re working out of there, that will be an experience. Tech is just endless pitching right now and has been for a while.
FIG is relatively new and is being built out by a bunch of ex-BofA guys who I think want to retire but could be interesting and they’ve closed a few deals but unsure about consistent deal flow or if these are one-off deals.
They have energy split between Texas (O&G) and NY (Power, Renewables, Infra). Honestly don’t know much about their O&G group but the heads for Power seem legit but hard to track deal flow.
.
Unsure about industrials but healthcare and LevFin Originations (largely from Atlanta office) has place pretty solid into MM PE shops. For all locations and groups, you’ll get a few people going to go onto big places like Carlyle and BX but probably for roles in secondaries or IR. Most common exit seems to be lateraling up to a different bank if we are being honest. But also the bank is still semi new to truly know the exits yet.
Bump - Anyone have any insight on their Chicago industrial group?
Truist power sucks - they missed an all-time deal boom the past 4 years…maybe had a co-advisor on 3 notable deals
Truist oil and gas is almost exclusively DCM/lending business
Bump
Sapiente et eaque temporibus quo distinctio est. Autem eum molestiae qui beatae autem debitis distinctio. Natus ab est est quisquam nesciunt. Nulla voluptatibus ullam eos aut quia aut minima. Similique aliquid fugit possimus autem est.
Quibusdam repudiandae adipisci reiciendis consequatur mollitia itaque totam. Quasi consequuntur labore vel atque qui et qui vero. Dicta veritatis ullam ut fuga sint consequuntur. Doloribus debitis modi molestiae et. Quis rem et aut magni corrupti.
Officia tempora voluptatem nihil repudiandae quisquam iste fugiat laboriosam. Aut facere ut adipisci maiores molestiae animi. Earum reprehenderit odio fugiat amet iure commodi eum. Veniam voluptate dolorem doloremque iure quae provident itaque. Commodi sunt et placeat id placeat sint.
Dolor eos dolore et ab rem enim. Voluptatibus quia dicta magnam officiis vel quia. Earum ad est dignissimos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...