Following a bank merger of BB&T Corporation and SunTrust Banks, the ballpark was renamed for Truist Financial in 2020.
The stadium was constructed in a public–private partnership with a project budget of $622 million. Cobb-Marietta Coliseum & Exhibit Hall Authority issued up to $397 million in bonds for the project. The county raised an additional $14 million from transportation taxes and $10 million cash from businesses in the Cumberland Community Improvement District. The Braves contributed the remaining money for the park and The Battery Atlanta. In March 2015, a security filing from Braves owners Liberty Media allotted $672 million for Truist Park and $452 million for The Battery Atlanta, which adds up to a total cost of above $1.1 billion. The Braves will spend $181 million over 30 years to help pay off the county's bonds on the project.
The Braves hosted a soft opening for season ticket holders on March 31, 2017, in a preseason game against the New York Yankees. The first regular season game at the park was held on April 14, 2017, against the San Diego Padres.
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