---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-24-000016"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T15:05:31.749748+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Truist Q1 adjusted EPS $0.90, up 11% QoQ; revenue declines 1.4%

## Summary
- Net income $1.2B ($0.81 diluted EPS); adjusted EPS $0.90, up 11% from $0.81 in Q4.
- Revenue $4.87B (TE), down 1.4% QoQ; NII down 4.2%, NIM 2.89%.
- Noninterest expense down to $2.95B from $9.56B; adjusted expense up 0.7%.
- CET1 ratio 10.1% flat; TIH sale on track for Q2 close.
- NCO ratio 64bps vs 57bps prior; ALLL 1.56% vs 1.54%.

## SEC filing metadata
- accession: 0000092230-24-000016
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92230/000009223024000016/0000092230-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223024000016/tfc-20240422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-24-000016
- JSON: https://secwatch.observer/filing/0000092230-24-000016.json
- Plain text: https://secwatch.observer/filing/0000092230-24-000016.txt

## Key facts
- Earnings Releases
  TRUIST FINANCIAL CORP reported first quarter 2024 results: revenue 4.87 billion, net income $1.1 billion, EPS $0.81 per diluted share.
  - Period: first quarter 2024
  - Revenue: 4.87 billion
  - Net income: $1.1 billion
  - EPS: $0.81 per diluted share
  - Result: reported results
  source text: Truist reports first quarter 2024 results Net income of $1.1 billion, or $0.81 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/92230/000009223024000016/0000092230-24-000016-index.htm

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