secwatch.observer — SEC 8-K summary
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Issuer:     TRUIST FINANCIAL CORP (TFC)
CIK:        0000092230
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0000092230-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Truist Q4 2022 GAAP EPS $1.20, adjusted $1.30; net interest margin expands to 3.25%
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- Net income available to common shareholders $1.6B, up 5.6% YoY; diluted EPS $1.20.
- Adjusted PPNR of $2.5B, up 12% QoQ and 34% YoY; adjusted operating leverage 3.7%.
- Average loans $320.7B, up 3.6% QoQ driven by commercial growth; BankDirect acquisition added $2.1B.
- Provision for credit losses $467M vs $234M prior quarter; net charge-off ratio 0.34%.
- CET1 ratio 9.0%; dividend $0.52 per share; no share repurchases in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92230/000009223023000002/0000092230-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92230/000009223023000002/tfc-20230119.htm
  HTML page:      https://secwatch.observer/filing/0000092230-23-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer