---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-23-000042"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T23:12:43.196769+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Truist Q1 GAAP EPS $1.05, revenue $6.15B; adjusted PPNR up 19% YoY

## Summary
- Net income of $1.4B ($1.05 diluted EPS) includes $0.04 of merger-related charges.
- Net interest income (TE) $3.92B, NIM 3.17%, down 8 bps QoQ; up 41 bps YoY.
- Average loans +1.7% QoQ to $326B; average deposits -1.2% to $408.5B.
- CET1 ratio 9.1% (preliminary); TIH minority sale closed April 3 adds ~30 bps.
- NCO ratio 0.37%, ALLL ratio 1.37%; nonperforming assets stable at $1.26B.

## SEC filing metadata
- accession: 0000092230-23-000042
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92230/000009223023000042/0000092230-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223023000042/tfc-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-23-000042
- JSON: https://secwatch.observer/filing/0000092230-23-000042.json
- Plain text: https://secwatch.observer/filing/0000092230-23-000042.txt

## Key facts
- Earnings Releases
  TRUIST FINANCIAL CORP reported first quarter 2023 results: revenue Total revenue - TE $ 6.15, net income $1.4 billion, EPS $1.05 per share.
  - Period: first quarter 2023
  - Revenue: Total revenue - TE $ 6.15
  - Net income: $1.4 billion
  - EPS: $1.05 per share
  - Result: reported results
  source text: in billions, except per share data) 1Q23 4Q22 1Q22 Summary Income Statement Net interest income - TE $ 3.92 $ 4.03 $ 3.21 Noninterest income 2.23 2.23 2.14 Total revenue - TE 6.15 6.26 5.35 Noninterest expense 3.69 3.72 3.67 Net income available to common shareholders 1.41 1.61 1.33 PPNR - unadjusted (1) 2.46 2.54 1.68 PPNR - adjusted (1) 2.66 2.87 2.23 Per
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223023000042/0000092230-23-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.