Truist Financial has a total of 67 patents globally, out of which 42 have been granted. Of these 67 patents, more than 92% patents are active. The United States of America is where Truist Financial has filed the maximum number of patents, followed by China and Korea and it also seems reasonable as the biggest market for Truist Financial is USA. Parallelly, USA seems to be the main focused R&D center and is the also origin country of Truist Financial.
Truist Financial was founded in 1872, Truist Financial is doing business in financial services industry. Truist is the sixth-largest commercial bank in the U.S. and serves 12 million households. The company offers a wide range of services including retail, small business and commercial banking. With 275 years of combined BB&T and SunTrust history, Truist has leading market share in many high-growth markets. As of January 2022, Truist Financial has a market cap of $85.40 Billion.
Do read about some of the most popular patents of Truist Financial which have been covered by us in this article and also you can find Truist Financial patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over the Truist Financial patent portfolio.
How many patents does Truist Financial have?
Truist Financial has a total of 67 patents globally. These patents belong to 40 unique patent families. Out of 67 patents, 62 patents are active.
How many Truist Financial patents are Alive/Dead?
Worldwide Patents
Patent Families
How Many Patents did Truist Financial File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
| Year of Patents Filing or Grant | Truist Financial Applications Filed | Truist Financial Patents Granted |
| 2011 | – | – |
| 2012 | – | – |
| 2013 | – | – |
| 2014 | 2 | 1 |
| 2015 | 4 | – |
| 2016 | 10 | – |
| 2017 | 8 | 4 |
| 2018 | 9 | 5 |
| 2019 | 12 | 9 |
| 2020 | 13 | 12 |
| 2021 | 4 | 8 |
How Many Patents did Truist Financial File in Different Countries?
Countries in which Truist Financial Filed Patents
| Country | Patents |
| United States Of America | 58 |
| China | 5 |
| Korea (South) | 2 |
| India | 1 |
Where are Research Centers of Truist Financial Patents Located?
10 Best Truist Financial Patents
US20080040259A1 is the most popular patent in the Truist Financial portfolio. It has received 71 citations so far from companies like Alibaba Group, Blinker Inc, Samsung and Infosys.
Below is the list of 10 most cited patents of Truist Financial:
| Publication Number | Citation Count |
| US20080040259A1 | 71 |
| US6234745B1 | 48 |
| USD854030S1 | 45 |
| USD892143S1 | 29 |
| USD840431S1 | 17 |
| USD834606S1 | 15 |
| USD835117S1 | 13 |
| USD798901S1 | 12 |
| USD794069S1 | 9 |
| USD800746S1 | 7 |
Truist Financial has been selecting which technological systems to use and how to cut expenses, as well as putting in place new policies and IT infrastructure to support innovation. Innovation requires rapidly developing new products, services, and experiences for both internal and external audiences while incorporating input into the process. They are developing a dedicated application development environment as well as resources such as databases and cloud-based software tools that will be accessible worldwide.
EXCLUSIVE INSIGHTS COMING SOON!
What are Truist Financial’s key innovation segments?
What Technologies are Covered by Truist Financial?
The chart below distributes patents filed by Truist Financial in different countries on the basis of the technology protected in patents. It also represents the markets where Truist Financial thinks it’s important to protect particular technology inventions.
R&D Focus: How Truist Financial search focus changed over the years?
EXCLUSIVE INSIGHTS COMING SOON!
Interested in knowing about the areas of innovation that are being protected by Truist Financial?