Interprétation IA fondée sur des extraits vérifiés. Les déclarations de l’entreprise et les limites de couverture restent explicites.
Preuves
We also provide a wide range of non-lending services to consumer and wholesale clients, including deposits, merchant services, treasury management services, trust and retirement services, comprehensive wealth advisory services, investment brokerage services, asset management, and capital markets services.
Business / non-lending services · Dépôt 24/02/2026
Table 1: Deposit Market Share and Branch Locations by State
% of Truist’s Deposits(2)
Deposit Market Share Rank(2)
Number of Branches(3)
Florida
4th
441
Georgia
1st
Virginia
3rd
259
North Carolina(1)
2nd
276
Maryland
3rd
Tennessee
5th
Pennsylvania
12th
136
South Carolina
3rd
Texas
18th
West Virginia
2nd
Kentucky
6th
Washington, D.C.
Business / deposit market share by state · Dépôt 24/02/2026
CSBB also strengthened client acquisition and relationship primacy, including another year of net new checking account growth and meaningful momentum among younger demographics.
Compensation discussion / checking-account growth · Dépôt 16/03/2026
•Average deposits increased $14.1 billion, or 3.6%, average short-term borrowings decreased $8.2 billion, or 31%, and average long-term debt increased $3.7 billion, or 8.9%.
Net interest income / year-over-year funding balances · Dépôt 16/10/2026
Average noninterest-bearing deposits decreased 0.6% compared to the second quarter of 2026 and represented 25.1% of total deposits for the third quarter of 2026 and 25.6% for the second quarter of 2026.
Average deposits / noninterest-bearing deposit mix · Dépôt 16/10/2026
Taxable-equivalent net interest income was up $27 million, or 0.7%, compared to the third quarter of 2025, primarily driven by fixed asset and liability repricing, higher client deposit balances, and higher loan balances, partially offset by lower loan spreads and unfavorable deposit mix.
Net interest income / lower loan spreads and unfavorable deposit mix · Dépôt 16/10/2026
Nonbanking entities, including financial technology companies, have increased competition in recent years by providing financial products and services directly to customers and indirectly through partnerships.
Business / increased nonbank competition · Dépôt 24/02/2026
Some also have greater scale, financial and operational resources, investment capacity, product and service offerings, and brand recognition.
Business / competitors' resources and scale · Dépôt 24/02/2026
Management believes that Truist’s purpose, mission, and values, including a caring client-first approach, are a competitive advantage that strengthens the Company’s ability to provide financial products and services to businesses and individuals in its markets.
Business / management's claimed competitive advantage · Dépôt 24/02/2026
•The average cost of total deposits was 1.59%, down 25 basis points.
Net interest income / year-over-year deposit cost · Dépôt 16/10/2026
•The average cost of total deposits was 1.59%, up three basis points.
Net interest income / sequential deposit cost · Dépôt 16/10/2026
NIM - TE was 3.00%, stable compared to the third quarter of 2025.
Net interest margin / year-over-year comparison · Dépôt 16/10/2026
Total mortgage banking income
116
133
119
Other Mortgage Banking Information
Residential mortgage loan originations
6,214
6,824
5,137
4,551
4,743
Residential mortgage servicing portfolio:(1)
Loans serviced for others
267,522
240,764
233,870
228,383
221,274
Bank-owned loans serviced
58,288
57,894
57,386
57,583
58,396
Total servicing portfolio
325,810
298,658
291,256
285,966
279,670
Weighted-average coupon rate on mortgage loans serviced for others
3.80
3.79
3.77
3.77
3.75
Weighted-average servicing fee on mortgage loans serviced for others
0.29
0.29
0.29
0.28
0.28
Brokered deposits(2)
26,226
26,812
28,488
29,835
28,423
NQDCP income (expense):(3)
Interest income
(6)
Other income
Personnel expense
(31)
(18)
Total NQDCP income (expense)
1,927
ATMs
2,790
2,820
2,826
2,829
2,837
Full-time equivalent teammates(4)
37,833
37,849
37,877
38,062
38,534
(1)Amounts reported are unpaid principal balance.
Selected mortgage banking information / servicing fees and brokered deposits · Dépôt 16/10/2026
The fair value attributable to servicing is based on discounted cash flows and is impacted by prepayment assumptions, discount rates, delinquency rates, contractually specified servicing fees, servicing costs, and underlying portfolio characteristics.
Fair value disclosures / contractually specified servicing fees · Dépôt 24/02/2026
Competition affects every aspect of our business, including product and service offerings, rates, pricing and fees, credit limits, and client service.
Business / competition affecting rates, pricing and fees · Dépôt 24/02/2026
Table 24: Capital Requirements Minimum Capital Well-Capitalized Minimum Capital Plus Stress Capital Buffer(1) Truist Truist Bank CET1 4.5 % NA 6.5 % 7.0 % Tier 1 capital 6.0 6.0 % 8.0 8.5 Total capital 8.0 10.0 10.0 10.5 Leverage ratio 4.0 NA 5.0 NA Supplementary leverage ratio 3.0 NA NA NA (1)Reflects an SCB requirement of 2.5% applicable to Truist as of June 30, 2026.
Capital / minimum requirements plus stress capital buffer · Dépôt 31/07/2026
- 4 -
Capital Ratios
3Q26
2Q26
1Q26
4Q25
3Q25
Risk-based:
(preliminary)
CET1
10.7
%
10.9
%
10.8
%
10.8
%
11.0
%
Tier 1
12.0
12.2
11.9
11.9
12.3
Total
13.6
14.0
13.7
13.8
14.2
Leverage
9.6
9.8
9.9
10.0
10.2
Supplementary leverage
8.0
8.2
8.3
8.3
8.5
Capital ratios remain strong relative to the regulatory requirements for well-capitalized banks.
Capital / preliminary September 2026 regulatory ratios · Dépôt 16/10/2026
Truist’s CET1 ratio was 10.7% as of September 30, 2026, down 20 basis points compared to June 30, 2026, primarily due to capital returned to shareholders and the repositioning of the AFS securities portfolio, partially offset by current quarter earnings and benefits from the RAC loan sale.
Capital / causes of CET1 decline · Dépôt 16/10/2026
Truist declared common dividends of $0.52 per share during the third quarter of 2026 and repurchased $1.2 billion of common stock.
Capital / third-quarter dividends and repurchases · Dépôt 16/10/2026
The dividend and total payout ratios for the second quarter of 2026 were 42% and 121%, respectively.
Capital / second-quarter payout ratios · Dépôt 31/07/2026
Award Type Payment Portion of Target Long-Term Incentive Program Amount Potential Award Amount Vesting PSU Stock 0% to 150% of target Cliff vesting based on performance over a 3-year performance period (January 1, 2025 – December 31, 2027) LTIP Cash 0% to 150% of target Cliff vesting based on performance over a 3-year performance period (January 1, 2025 – December 31, 2027) RSU Stock N/A 4-year vesting in three equal, back-loaded installments on March 15 of 2027, 2028, and 2029 Award amounts reflected in the 2025–2027 PSU and LTIP Awards and 2025 RSU Awards sections below reflect the grant date values for NEO long-term incentive program awards for 2025.
Compensation discussion / actual 2025 long-term awards and vesting · Dépôt 16/03/2026
No payments were made with respect to the completion of the 2023–2025 LTIP awards in 2025.
Executive compensation / completed LTIP cycle without payment · Dépôt 16/03/2026
The Committee concluded that Mr. Rogers’s individual leadership contributions towards Truist’s financial results, strategic priorities, risk posture, and cultural alignment during 2025 warranted a positive adjustment to the overall Company performance results under the AIP.
Compensation discussion / positive CEO incentive adjustment · Dépôt 16/03/2026
For purposes of incentive compensation, adjusted EPS and ROTCE may reflect additional adjustments for the effects of different selected items compared to those reported in quarterly earnings materials, as set forth in Annex A.
Compensation discussion / incentive-specific accounting adjustments · Dépôt 16/03/2026
✗ No Hedging and Pledging: We prohibit the hedging or pledging of Truist stock by our executive officers and directors.
Compensation policies / hedging and pledging prohibition · Dépôt 16/03/2026
Our directors and current executive officers collectively have sole voting and investment authority over 1,474,800 shares of common stock and shared voting and investment authority over 327,269 shares of common stock.
Stock ownership / directors and executive officers · Dépôt 16/03/2026
The Audit Committee is currently composed of four independent directors and operates under a charter adopted by our Board.
Audit Committee report / independent membership · Dépôt 16/03/2026
The effectiveness of the Company’s internal control over financial reporting as of December 31, 2025 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their accompanying report, which expresses an unqualified opinion on the effectiveness of the Company’s internal control over financial reporting as of December 31, 2025.
Controls and procedures / external internal-control audit opinion · Dépôt 24/02/2026
In response to receiving 59% support for our say-on-pay proposal at the 2025 annual meeting, we prioritized discussions of executive compensation in our shareholder engagement program to better understand investor concerns and perspectives.
Shareholder engagement / 2025 say-on-pay support · Dépôt 16/03/2026
Informed by this feedback and in consideration of investor preferences, the Compensation and Human Capital Committee has implemented key enhancements to our executive-compensation program and related disclosures:
Shareholder engagement / implemented compensation enhancements · Dépôt 16/03/2026
4 Truist Financial Corporation CONSOLIDATED STATEMENTS OF INCOME TRUIST FINANCIAL CORPORATION AND SUBSIDIARIES Unaudited (Dollars in millions, except per share data, shares in thousands) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Interest Income Interest and fees on loans and leases $ 4,659 $ 4,657 $ 9,258 $ 9,150 Interest on securities 871 961 1,720 1,936 Interest on other earning assets 437 536 844 1,056 Total interest income 5,967 6,154 11,822 12,142 Interest Expense Interest on deposits 1,575 1,844 3,100 3,580 Interest on long-term debt 485 431 930 840 Interest on other borrowings 286 292 572 628 Total interest expense 2,346 2,567 4,602 5,048 Net Interest Income 3,621 3,587 7,220 7,094 Provision for credit losses 395 488 874 946 Net Interest Income After Provision for Credit Losses 3,226 3,099 6,346 6,148 Noninterest Income Wealth management income 375 348 745 692 Card and treasury management fees 353 351 691 684 Investment banking and trading income 352 205 724 478 Other deposit revenue 120 108 240 225 Mortgage banking income 116 107 249 215 Lending related fees 120 99 238 194 Securities gains (losses) — (18) — (19) Other income 208 200 310 323 Total noninterest income 1,644 1,400 3,197 2,792 Noninterest Expense Personnel expense 1,792 1,678 3,519 3,282 Professional fees and outside processing 335 373 648 737 Software expense 239 231 469 461 Net occupancy expense 171 181 350 349 Equipment expense 79 89 164 171 Marketing and customer development 91 82 170 157 Amortization of intangibles 63 73 127 148 Regulatory costs 61 55 129 124 Other expense 224 224 462 463 Total noninterest expense 3,055 2,986 6,038 5,892 Earnings Income before income taxes 1,815 1,513 3,505 3,048 Provision for income taxes 262 273 471 547 Net income 1,553 1,240 3,034 2,501 Preferred stock dividends and other 34 60 138 164 Net income available to common shareholders $ 1,519 $ 1,180 $ 2,896 $ 2,337 Basic EPS $ 1.24 $ 0.91 2.34 1.80 Diluted EPS 1.23 0.90 2.31 1.78 Basic weighted average shares outstanding 1,224,867 1,292,292 1,236,682 1,299,833 Diluted weighted average shares outstanding 1,239,040 1,305,005 1,252,766 1,314,779 The accompanying notes are an integral part of these consolidated financial statements.
Consolidated statements of income / first-half earnings and shares · Dépôt 31/07/2026
Commercial mortgage servicing income before MSR valuation
5
5
3
2
4
Net MSRs valuation
—
5
—
1
(1)
Total commercial mortgage servicing income
5
10
3
3
3
Total commercial mortgage income
1,644
1,558
3,281
4,350
Noninterest expense
3,105
3,055
3,014
9,143
8,906
Income before income taxes
895
1,815
1,737
4,400
4,785
Provision for income taxes
262
285
567
832
Net income
799
1,553
1,452
3,833
3,953
Preferred stock dividends and other
115
268
Net Income available to common shareholders
1,519
1,348
3,580
3,685
Adjusted net income available to common shareholders(1)
1,423
1,519
1,348
4,319
3,699
Additional Income Statement Information
Revenue
3,747
5,265
5,187
14,164
15,073
Revenue - TE(1)
3,791
5,311
5,238
14,299
15,220
Adjusted revenue - TE(1)
5,304
5,311
5,238
15,812
15,239
PPNR(1)
686
2,256
2,224
5,156
6,314
Adjusted PPNR(1)
2,239
2,256
2,224
6,709
6,333
Key Metrics
Earnings:
Basic EPS
0.57
1.24
1.05
2.92
2.85
Diluted EPS
0.56
1.23
1.04
2.88
2.82
Adjusted EPS-diluted(1)
1.16
1.23
1.04
3.47
2.83
Cash dividends declared per share
1.56
1.56
BVPS
TBVPS(1)
31.90
33.40
32.57
End of period shares outstanding
1,198,488
1,221,626
1,279,246
Weighted average shares outstanding-basic
1,210,179
1,224,867
1,280,571
1,227,751
1,293,341
Weighted average shares outstanding-diluted
1,226,342
1,239,040
1,296,666
1,243,918
1,308,676
ROA
0.6
Active hedge basis adjustments for fair value hedges are included in nonearning assets and other liabilities.
Quarterly performance summary / earnings, EPS and share counts · Dépôt 16/10/2026
48.04
46.70
TBVPS(1)
31.90
33.40
32.57
ROCE
4.7
%
10.4
%
9.0
%
ROTCE(1)
7.2
15.4
13.6
Adjusted ROTCE(1)
14.6
15.4
13.6
Efficiency ratio
82.9
58.0
58.1
NIM - TE(1)
3.00
2.98
3.01
NCO ratio
0.77
0.50
0.48
ALLL ratio
1.25
1.51
1.54
CET1 ratio(2)
10.7
10.9
11.0
Average Balances
Assets
$
550
$
550
$
542
Securities
118
118
119
Loans and leases
329
332
322
Deposits
411
405
397
Amounts may not foot due to rounding.
Earnings highlights / reported and adjusted returns · Dépôt 16/10/2026
•Third quarter results reflect the completion of the Regional Acceptance Corporation (RAC) loan sale and the subsequent AFS securities repositioning
Quarterly highlights / completed RAC sale and securities repositioning · Dépôt 16/10/2026
•Signed an agreement on October 14, 2026, to sell $7.7 billion of unsecured consumer loans representing substantially all assets of LightStream, our unsecured lending platform, to Carlyle Group Inc.
Quarterly highlights / signed LightStream sale agreement · Dépôt 16/10/2026
- 11 -
Diluted EPS
Net Income (loss) available to common shareholders
1,519
1,348
3,580
3,685
Gross adjustments:
Securities (gains) losses
1,447
1,447
Reserve recapture for RAC loan sale
(581)
(581)
RAC loan sale impact
106
106
Applicable income taxes related to adjustments:(1)
Securities (gains) losses
(346)
(346)
(5)
Reserve recapture for RAC loan sale
139
139
RAC loan sale impact
(26)
(26)
Adjusted net income available to common shareholders(2)
1,423
1,519
1,348
4,319
3,699
Weighted average shares outstanding - diluted
1,226,342
1,239,040
1,296,666
1,243,918
1,308,676
Diluted EPS
0.56
1.23
1.04
2.88
2.82
Adjusted diluted EPS(2)
1.16
1.23
1.04
3.47
2.83
(1)Calculated using the applicable marginal tax rate.
Non-GAAP reconciliation / securities losses and RAC effects · Dépôt 16/10/2026
Truist’s average consolidated LCR was 110% for the three months ended September 30, 2026, compared to the regulatory minimum of 100%.
Liquidity / average LCR and regulatory minimum · Dépôt 16/10/2026
Table 22: Selected Liquidity Sources
Unused borrowing capacity:
81,004
84,160
27,491
23,464
Available investment securities (at fair value)
71,564
70,150
Available secured borrowing capacity
180,059
177,774
Eligible cash at the Federal Reserve
32,042
29,973
212,101
207,747
At June 30, 2026, Truist Bank’s available secured borrowing capacity represented approximately 4.8 times the amount of wholesale funding maturities in one year or less.
Liquidity / secured borrowing capacity and eligible cash · Dépôt 31/07/2026
Nonperforming assets totaled $1.3 billion at September 30, 2026, down $410 million compared to June 30, 2026, primarily due to the RAC loan sale, partially offset by an increase in the commercial and industrial portfolio.
Asset quality / RAC sale and commercial nonperforming assets · Dépôt 16/10/2026
30
June 30
March 31
Dec. 31
Sept. 30
2026
2026
2026
2025
2025
Asset Quality Ratios
Nonperforming loans and leases as a percentage of loans and leases
0.40
%
0.51
%
0.50
%
0.48
%
0.48
%
Nonperforming loans and leases(1) as a percentage of total loans and leases(1)
0.40
0.51
0.52
0.48
0.48
Nonperforming assets(1) as a percentage of total assets
0.24
0.31
0.33
0.30
0.30
Nonperforming assets(1) as a percentage of loans and leases plus foreclosed property
0.41
0.53
0.52
0.50
0.50
Loans 90 days or more past due and still accruing as a percentage of loans and leases
0.22
0.21
0.23
0.21
0.18
Loans 90 days or more past due and still accruing as a percentage of loans and leases, excluding government guaranteed loans
0.04
0.04
0.05
0.05
0.05
Loans 30-89 days past due and still accruing as a percentage of loans and leases
0.47
0.54
0.53
0.60
0.54
Allowance for loan and lease losses as a percentage of loans and leases
1.25
1.51
1.53
1.53
1.54
Ratio of allowance for loan and lease losses to:
Net charge-offs (annualized)(2)
1.6X
3.0X
2.5X
2.7X
3.3X
Nonperforming loans and leases
3.1X
2.9X
3.1X
3.2X
3.2X
(1)Nonperforming assets and total loans and leases include loans held for sale.
Credit quality / delinquency and allowance coverage ratios · Dépôt 16/10/2026
Provision for Credit Losses
Quarter Ended
Change
(Dollars in millions)
3Q26
2Q26
3Q25
Link Quarter
Like Quarter
Provision (benefit) for credit losses(1)
$
(253)
$
395
$
436
$
(648)
(164.1)
%
$
(689)
(158.0)
%
Net charge-offs(2)
629
414
385
215
51.9
244
63.4
Net charge-offs as a percentage of average loans and leases (annualized)
0.77
%
0.50
%
0.48
%
27 bps
29 bps
(1)Includes benefit of $581 million for the three months ended September 30, 2026 from the release of ACL following the recognition of held for sale-related charge-offs resulting from the RAC loan sale.
Credit losses / charge-offs and reserve release · Dépôt 16/10/2026
Truist’s results of operations for the second-quarter of 2026 produced an annualized return on average assets of 1.1%, an annualized return on average common shareholders’ equity of 10.4%, and ROTCE of 15.4% compared to prior year returns of 0.9%, 8.1%, and 12.3%,respectively.
Executive overview / GAAP common-equity return and non-GAAP ROTCE · Dépôt 31/07/2026
On May 15, 2026, Truist issued $500 million of Series S non-cumulative perpetual preferred stock with a stated dividend rate of 6.25% per annum for net proceeds of approximately $495 million.
Shareholders' equity / preferred issuance proceeds and dividend rate · Dépôt 31/07/2026
Avg. Grant Date Fair Value
Nonvested at January 1, 2025
22,363
38.87
Granted
9,299
41.21
Vested
(6,512)
46.18
Forfeited
(1,383)
38.24
Nonvested at December 31, 2025
23,767
37.86
Other Benefits
There are various other employment-related contracts, deferred compensation arrangements, and restrictive covenants with selected members of management and certain retirees as well as an employee stock purchase plan.
Benefit plans / equity awards granted, vested and forfeited · Dépôt 24/02/2026
•The increase in 2026 was driven by purchases of $11.6 billion, partially offset by paydowns, maturities, and sales of $10.2 billion.
Investment activities / securities purchases and runoff · Dépôt 31/07/2026
•The effective duration of the AFS securities portfolio was 4.3 years at June 30, 2026 and 4.4 years at December 31, 2025, excluding the impact of swaps, or 3.2 years at June 30, 2026 and 2.9 years at December 31, 2025, including the impact of swaps.
Investment activities / AFS duration before and after swaps · Dépôt 31/07/2026
The decline in the cost of deposits and short-term borrowings was driven by the impact of reductions in interest rates.
Net interest income / market-rate explanation for funding cost decline · Dépôt 24/02/2026
Truist competes actively with national, regional, and local financial services providers, including banks, thrifts, credit unions, investment advisers, asset managers, securities brokers and dealers, private-equity funds, hedge funds, mortgage-banking companies, finance companies, limited-purpose banks, and financial technology companies.
Business / generic competitor categories · Dépôt 24/02/2026
