---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-24-000003"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:22:02.925039+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Truist posts Q4 GAAP loss of $5.2B on $6.1B goodwill impairment; adjusted EPS $0.81

## Summary
- GAAP net loss of $5.2B ($3.85/share) includes $6.1B non-cash goodwill impairment, $507M FDIC special assessment.
- Adjusted net income of $1.1B ($0.81/share), up from $1.07B in Q3; adjusted PPNR up 8.6% to $2.4B.
- CET1 ratio improved 20 bps to 10.1% from organic capital generation and RWA optimization.
- Average loans and deposits declined 1.7% and 1.4% sequentially; NIM up 3 bps to 2.98%.
- Asset quality: NPA down 6%, ALLL ratio up 5 bps to 1.54%, NCO ratio 57 bps (up 6 bps).

## SEC filing metadata
- accession: 0000092230-24-000003
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/92230/000009223024000003/0000092230-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223024000003/tfc-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-24-000003
- JSON: https://secwatch.observer/filing/0000092230-24-000003.json
- Plain text: https://secwatch.observer/filing/0000092230-24-000003.txt

## Key facts
- Earnings Releases
  TRUIST FINANCIAL CORP reported fourth quarter 2023 results: net income Net loss was $5.2 billion, EPS $3.85 per diluted share.
  - Period: fourth quarter 2023
  - Net income: Net loss was $5.2 billion
  - EPS: $3.85 per diluted share
  - Result: reported results
  source text: On January 18, 2024, Truist Financial Corporation (“Truist”) issued a press release announcing its reporting of fourth quarter 2023 results
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223024000003/0000092230-24-000003-index.htm

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