---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-23-000064"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T06:08:24.725256+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Truist Q2 GAAP EPS $0.92; CET1 rises to 9.6%; NII down 6.1% QoQ; record insurance income

## Summary
- Net income $1.2B ($0.92 diluted EPS); includes $41M after-tax merger-related charges.
- CET1 ratio 9.6%, up 50bps from 1Q23, aided by TIH minority stake sale (+31bps).
- Net interest income (TE) $3.68B, down 6.1% QoQ on higher funding costs; NIM 2.91% (-26bps).
- Record insurance income $935M, up 15% QoQ and 13% YoY; total noninterest income $2.29B.
- Net charge-off ratio 0.54% (incl 12bps from student loan sale); ALLL ratio 1.43% (+6bps).

## SEC filing metadata
- accession: 0000092230-23-000064
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92230/000009223023000064/0000092230-23-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223023000064/tfc-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-23-000064
- JSON: https://secwatch.observer/filing/0000092230-23-000064.json
- Plain text: https://secwatch.observer/filing/0000092230-23-000064.txt

## Key facts
- Earnings Releases
  TRUIST FINANCIAL CORP reported second quarter 2023 results: net income $1.2 billion, EPS $0.92 per share.
  - Period: second quarter 2023
  - Net income: $1.2 billion
  - EPS: $0.92 per share
  - Result: reported results
  source text: Truist reports second quarter 2023 results GAAP earnings of $1.2 billion, or $0.92 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223023000064/0000092230-23-000064-index.htm

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