---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-24-000041"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:52:46.078030+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Truist Q2 net income $826M ($0.62 EPS); adjusted EPS $0.91; announces $5B buyback; CET1 11.6%

## Summary
- Net income available to common shareholders of $826M ($0.62 diluted EPS). Adjusted net income $1.24B ($0.91 adjusted EPS).
- CET1 ratio rose to 11.6% from 10.1% due to sale of TIH; board authorized up to $5B in share repurchases through 2026.
- Net interest margin expanded 14 bps to 3.03%; net interest income up 4.5% QoQ to $3.58B.
- Noninterest income impacted by $6.7B securities losses from balance sheet repositioning; adjusted revenues up 3%.
- Average loans down 0.7%, deposits down 0.3%; NCO ratio 58 bps, stable asset quality.

## SEC filing metadata
- accession: 0000092230-24-000041
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2024-07-22T23:59:59+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/92230/000009223024000041/0000092230-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223024000041/tfc-20240722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-24-000041
- JSON: https://secwatch.observer/filing/0000092230-24-000041.json
- Plain text: https://secwatch.observer/filing/0000092230-24-000041.txt

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